← back
# 391 Daily Money Show | Money Purse Stock Market News
Takeaway
Kinetic Engineering's preferential allotment plus a 15% global nitric-acid price surge boosts producers like Deepak Fertilisers and JNFC.
Summary
- Kinetic Engineering stock up ~60% in one month — ₹8.79 lakh shares at ₹116/share placed on preferential basis to a S Instruments entity on Sept 1.
- Nitric acid prices up 15% globally — positive for Indian producers like JNFC, Deepak Fertilisers and other nitric-acid players.
- Preferential allotment plus product-price tailwind cited as positive catalyst.
- Brief stock-specific wrap-up.
Kinetic Engineeringnitric acidpreferential
Original description
You can compare Term Insurance here 👉 https://tinyurl.com/44tp7uor You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc Music in video Used from Epidemicsound: https://share.epidemicsound.com/octxox Stay In Touch👇 FACE BOOK: https://www.facebook.com/moneypurseadv/?ref=bookmarks TWITTER: https://twitter.com/Moneypurseadv INSTAGRAM: https://www.instagram.com/moneypurseadv/ Thanks for watching.. Team Money Purse 00:00 Market update 01:26 Kinetic Energy 05:21 Concor 07:07 Deepak Fert , GNFC 07:41 Cement stocks 07:59 Zuari Ind 09:06 Paras Defence 09:23 Mazagon Dock 09:46 Banking Stocks 11:14 Brightcom 11:47 Comment Corner