On Wednesday, Salasar Techno Engineering informed that it has received a letter of acceptance (LOA) from ITI Bangalore for constructing telecom towers at various locations in India.  

Digital transformation & IT solutions company, Happiest Minds Technologies informed the exchanges today that it has entered into a strategic partnership with Yotta Infrastructure to jointly offer colocation services and Yotta’s cloud solutions on ‘anything-as-a-service’ model as a part of its portfolio.  

Zydus Cadila, a leading pharmaceutical company, announced today that it has entered into a licence supply & commercialisation agreement with Taiwan Liposome Company (TLC), a Taiwan-based pharmaceutical company.   

RattanIndia Enterprises-backed Revolt Intellicorp (Revolt), which is India’s next-generation mobility company today marked 2 crore kilometres on its AI-enabled electric motorcycles on the Indian roads.

An interesting aspect of the rally, which we have seen in the markets, particularly over the last 6-9 months, has been the change in stocks as well as the sectors that have been outperforming when the pandemic broke out in March 2020. It was defensives like pharmaceuticals and information technology (IT) that took the charge. 

Arvind Ltd trades near its breakout level even as it attempts to cross its 52-week high levels of Rs 84.50 per share. The stock was up by more than 5 per cent on intraday basis when it made a high of Rs 83.75 per share. 

ITI Mutual Fund has launched its value fund, which is now open for subscription. Read onto find out more.

PG Electroplast Limited (PGEL), announced on Tuesday after the market hours that it has enabled resolutions to raise Rs 76.6 crore from investors.

The market opened in green on May 26, 2021, overall volumes in futures & options currently stand at 4,03,18,521 contracts with a turnover of Rs. 38,06,122.99 crore.

The stock is trading above the prior parallel resistance. It is moving in an upward channel and retraced 38.2 per cent of the previous fall. Wednesday's move of over 10 per cent on the back of the highest volume in the last seven years indicates a huge accumulation of interest.