Aviation heavyweight Jet Airways surged by 3 per cent on the bourses on Wednesday as the company announced that it has signed a pact with Boeing to buy 75 B737 Max aircraft.

Automobile major Tata Motors witnessed a sharp rise of about 6 per cent on the bourses on Wednesday as its wholly-owned subsidiary Jaguar Land Rover (JLR) reported of a jump of 83 per cent in sales for the last fiscal year.

The stocks that are likely to witness significant movement on the bourses on Wednesday, April 4, 2018 are Hinduja Global Solutions Limited, KDDL Limited, AU Small Finance Bank Limited and Zensar Technologies Limited.     

Tata Communications surged by 3 per cent on the bourses in the intraday trade on Tuesday as the company announced its partnership with Mahanagar Gas in order to deploy 5,000 smart gas meters in Mumbai.

Construction company JMC Projects surged by over 6 per cent on the bourses on Tuesday as it bagged orders worth Rs. 942 crore from the National Highways Authority of India (NHAI).

Apex bank RBI levied a penalty of Rs. 58.9 crore on the country’s biggest private bank, ICICI Bank for non-compliance in concern with the directions issued by RBI regarding the direct sale of securities in the held-to-maturity portfolio. 

The stocks that are likely to record significant movement on the bourses on Monday, April 2, 2018 are Rama Steel Tubes Limited, MEP Infrastructure Developers Limited, GSPL, Neuland Laboratories Limited  and Cadila Healthcare Limited .   

Buzzing with IPOs, so far FY18 has witnessed the listing of 43 companies to raise an aggregate sum of Rs. 805 billion. The funds raised from initial public offerings have recorded a tremendous increase over the years, as compared to Rs. 413 billion raised by 84 companies in FY08.

Infrastructure major MEP Infrastructure Developers announced on Wednesday that it has bagged orders worth Rs. 2,922.83 crore in Maharashtra through a joint venture with Long Jian Road & Bridge Company.

Adding to the string of banking system frauds disclosed in the recent times, IDBI Bank announced on Tuesday that it has uncovered fraudulent loans worth Rs. 7.72 billion that were issued from five of its branches in Andhra Pradesh and Telangana.