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Adani Power's stock value increased following a deal with Bhutan's Druk Green Power Corp for a hydroelectric project. The companies will jointly establish a public company in Bhutan. Adani Power shareholders approved a stock split. Each share of Rs 10 will be subdivided into five shares of Rs 2 each.
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Prime Focus shares have surged, hitting their upper circuit for the third consecutive session, fueled by investments from marquee investors like Ramesh Damani and Singularity AMC. The media company, known for its VFX work on the upcoming film Ramayana, has seen a 33% increase in stock value in the last three trading sessions.
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MosChip Technologies shares tumbled 10% on Tuesday following a 59% rally in seven sessions, driven by Indias semiconductor push and strong volumes. While technical indicators suggest overbought conditions, analysts say long-term investors can consider using short-term dips to build positions in the high-growth stock.
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