Stocks that were in focus include names like Tata Investment, which fell 5.19%, BSE, which declined 4.82%, and Cartrade Tech, which rose 7.55% on Tuesday.

The company's net profit surged manifold on year to Rs 51.80 crore in Q2. Revenue grew nearly 14 percent to Rs 916.80 crore

While mid-cap and small-cap indices have fallen about 6% in the previous six trading sessions, about 23 stocks in the Midcap 150 index and 55 stocks in the Smallcap 250 index have fallen more than 10%.

Indian Railways is collaborating with BEML to develop the first Vande Bharat sleeper train, set to redefine luxury travel. The aim is to unveil the first prototype by March 2024. The Vande Bharat sleeper train will offer faster and more comfortable overnight travel with superior features and an aerodynamic design. It will consist of 16 coaches with a total capacity of 823 berths.

Indian Railways is set to launch Vande Bharat sleeper trains next year and the new trains are expected to gradually replace the Rajdhani Express trains. Vande Bharat sleeper trains, which have faster acceleration than Rajdhanis, will also have better interiors, suspension, and cabin lighting. Each train will have 16 coaches, with a passenger capacity of 887. The coaches will feature automatic doors, vacuum toilets, and intercommunication doors, providing passengers with more space and a smoother journey.

BEML chairman and managing director Shantanu Roy said that "if all goes well, we will come out with a world class unmatched travel experience with the first prototype (of Vande Bharat sleeper train) within this financial year itself". The BEML is a partner to developing the first sleeper Vande Bharat Train with the Integral Coach Factory, Chennai, and the Railway Board.

The prototype of the sleeper version of the Vande Bharat train is set to be completed by mid-October at the BEML factory in Bengaluru. The design of the prototype will feature eleven AC III tier coaches and four AC II tier coaches, with an emphasis on aesthetics, safety, and passenger experience. Once the prototype is approved, the manufacturing process will begin, with BEML and BHEL-Titagarh Wagons JV tasked with producing a total of 80 rakes.

Money flew into the midcap and smallcap funds in all the months of 2023. While midcap funds garnered inflows worth Rs 14,444 crore, smallcap funds attracted inflows of Rs 26,305 crore. On the contrary, largecap funds have seen net outflows of Rs 3,607 crorein the same period.

Stocks that were in focus included names like L&T, which rose 1.88%, Cochin Shipyard, which fell 10.8%, and BEML, whose shares declined 10.61% on Tuesday.

Among defence stocks Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Garden Reach Shipbuilders & Engineers declined 3 -9%. In the Railways sector, RailTel Corporation of India, Rites and Rail Vikas Nigam dropped 9-11%.

The surge of small-cap stocks to new all-time highs on August 29 paints a vivid picture of the ever-evolving stock market.

While shares of Railtel Corp of India gained 15% on Monday, Texmaco Rail & Engineering surged 13%. Stocks such as Rites, BEML, Indian Railway Catering, and Rail Vikas Nigam gained between 3% and 5%.

The share touched a 52-week high of Rs 2,208.95 and a 52-week low of Rs 1,129.10 on 24 August, 2023 and 16 March, 2023, respectively.

According to the latest shareholding pattern available with the exchanges, 54.03% of the company's shareholding is with the government of India, followed by mutual funds and resident individuals, among others.

In the quarter ended June 2023 the company's net loss narrowed to Rs 75.01 crore from Rs 82.36 crore in the same quarter last fiscal.

Sebi has passed a second interim order against the Brightcom Group, restraining Suresh Kumar Reddy and Narayan Raju from holding any directorial positions until further notice.

In an interview with CNBC TV-18, Roy spoke about the company's order book, defence aerospace and rail & metro opportunities, capex plans, employee costs and more.

REC shares ended at a record closing high of Rs 235.1 on the NSE, up 5.4 percent, after recent consolidation. The stock has formed long bullish candlestick pattern on the daily charts, with above average volumes.

“This railway stocks story will go on for another year or so. Of course, there will be some pauses in between. BEML, Titagarh Wagon, Ircon, RVNL are some of the stocks where one could consider playing this momentum and one could definitely look at this theme from a 6-12 months perspective.”

The share price gave more than 50 percent return in last six months.

The psychological mark of 20,000 that was just missed last week remains an immediate hurdle, followed by the golden retracement target of 20,100 – 20,200

The ideal strategy would remain to buy on dips and book profits at higher levels

There are two supports for the IT index - 29,785 and 29,180. But there is quite a strong demand at lower levels. So, again, we could see a kind of a bounce back in this sector, but the trend has not significantly changed in the sector.

Shantanu Roy has more than 30 years of experience in the capital goods sectors for defense, mining and construction, transportation, transmission, renewable, and large power projects.

According to officials aware of the deliberations, the shareholding pattern agreed upon by RVNL is in line with an earlier agreement signed between the partners. This is significant since the public sector undertaking was seeking a much larger stake in the JV and this has hampered prospects of their partnership.

A consortium of Russia's TMH and India's Rail Vikas Nigam Limited (RVNL) was the lowest bidder for the supply of Vande Bharat sleeper trains. The contract is for supply of train sets by 2029, and maintenance over a 15-year period.

Relative Strength Index (RSI) is a widely used technical indicator that measures the speed and magnitude of price movement in a stock. ETMarkets reported the top 10 stocks trending up with a rising RSI. A higher RSI suggests that a stock is overbought, while a lower RSI implies oversold conditions. Stocks with consistently high RSI

The Relative Strength Index (RSI) is a popular tool used by investors to evaluate the momentum of a stock's price movement and identify overbought and oversold conditions. StockEdge reported that 39 stocks were trading with a trending-down RSI on Friday, July 7. This article explores the significance of RSI and delves into ten stocks that have witnessed a decline in their RSI potentially offering investment opportunities, including RattanIndia Enterprises, Pidilite Industries, Tata Consumer Products, and CRISIL.

BEML shares surged 4.2% after the company secured a Rs 385 crore order from Bharat Dynamics and Bharat Electronics for the supply of High Mobility Vehicles. The stock has risen 7% year-to-date and 28% in the last year, delivering over 150% returns to investors in the last three years. Analysts have an average target price of Rs 1,898, implying a potential upside of 17%. In Q4 FY23, BEML reported an 18% increase in profit and a decline in consolidated revenue from operations. The government of India holds 54.03% of the company's shareholding.

BEML stock has given a return of 16.78 percent over the last six months.