Prozeal Green Energy plans to mop-up Rs ₹700 crore while Neilsoft will raise Rs ₹90 crore via fresh equity issuance and dilute 80 lakh shares of existing investors under ‘offer for sale’ | Photo...
The move is expected to aid startups undertaking reverse flipping to India, easing the IPO process and strengthening founder incentives. | Photo Credit: HEMANSHI KAMANI/Reuters In a big relief to startup founders looking to...
In that offer, the company bought back 6.04 crore shares for ₹9,300 crore. The highest price at which the shares were bought back was ₹1,623.90 while the lowest price was ₹1,468.10, it said in...
Ceigall India Limited, a leading EPC company, has forayed into renewable energy by securing two Letters of Intent from Maharashtra State Electricity Distribution Co. Limited for 337 MW of solar power procurement. | Photo...
Target: ₹1,573 CMP: ₹1,402.65 During Q1-FY26, SJS Enterprises reported 11.2/13.8/22.6 per cent y-o-y increase in Revenue/EBITDA/PAT to ₹209.7 crore/₹55.9 crore/₹34.6 crore, respectively. During Q1-FY26, the company witnessed 22.8 per cent y-o-y growth in the...
Both promoters, Alakh Pandey and Prateek Boob, will each offload shares worth ₹360 crore through the OFS. Edtech unicorn PhysicsWallah has filed updated draft papers with markets regulator SEBI to raise ₹3,820 crore through...
Markets closed nearly flat on Friday after a highly volatile trading session, with benchmark indices rebounding from early losses as auto stocks surged on GST reforms while information technology shares plunged on tariff concerns...
Maruti Suzuki India Limited shares closed 1.64 per cent higher at ₹14,895 on Friday, September 5, driven by expectations of increased demand following the government’s GST rationalisation measures and the launch of its new...
Target: ₹270 CMP: ₹206.20 Emkay Global Research team met Karur Vysya Bank’s MD and CEO B Ramesh Babu, to seek the outlook on credit growth and, most importantly, on impact of US tariffs on...
Hydraulic fitting manufacturer HyTech Engineers Ltd has filed preliminary papers with markets regulator SEBI to raise funds through an initial public offering (IPO). The IPO comprises fresh issue of shares worth ₹70 crore and...
STL Networks Ltd, the digital infrastructure and IT services company formed as a result of a demerger from Sterlite Technologies, made a dismal debut on the stock exchanges on Thursday, listing at ₹22.90 on...
The Sensex traded at 80,838.17, up 270.46 points or 0.34 per cent from the previous close of 80,567.71, significantly lower than the morning surge that had pushed the index to 81,456.67 at opening. Markets...
Taurian MPS, an engineering and manufacturing company with a focus on the construction and mining sectors, plans to raise ₹43 crore through initial public offering on NSE Emerge. The company will issue 24.87 lakh...
CEO Rahul Kanwal said the move is aimed at preparing NDTV for its next phase of growth, with a focus on digital-first strategies, regional news, NDTV World, and live events. | Photo Credit: The...
NCDEX has drawn up a roster of heavyweight investors, including Globe Capital Market, Kotak Mahindra Life Insurance, Tower Research Ventures, and Billionbrains Garage Ventures, proposing an over 2 per cent stake each for its...
The Securities and Exchange Board of India (SEBI) has raised the intraday net position limit for index options to ₹5,000 crore per entity, up from ₹1,500 crore earlier, calculated on the basis of the...
CG Power and Industrial Solutions shares surged 3.56 per cent to ₹719 in Monday morning trade, following the inauguration of subsidiary CG Semi’s semiconductor assembly and test facility in Sanand, Gujarat on August 28....
The combined market valuation of eight of the top 10 most valued firms eroded by ₹2,24,630.45 crore last week, with Reliance Industries and HDFC Bank taking the biggest hit, in-line with a bearish trend...
Foreign investors pulled out ₹34,993 crore (around $4 billion) from Indian equity markets in August, making it the sharpest sell-off in six months, weighed down by US tariffs on Indian exports and pricey domestic...
Shall I buy HPCL futures at the current price? What can be the target and stop-loss? – Palani Shanmugam HPCL (₹375.90): The stock has been in a steady decline since early July. It fell off the resistance...
Reliance Industries Chairman Mukesh Ambani | Photo Credit: RIL Reliance Industries Chairman Mukesh Ambani ended the suspense over the anticipated IPO of Reliance Jio, saying it would list in the first half of 2026,...
Target: ₹715 CMP: ₹565.60 FY25 was a stellar year for Eureka Forbes (EFL), visible from step-up in product business sales growth (+17 per cent ) with significant acceleration in electric water purifier sales (+18.1...
Markets opened marginally higher today, with the Nifty 50 starting at 24,466.70 from its previous close of 24,500.90 and trading at 24,507.70, up 6.80 points or 0.03 per cent, at 9.45 am. The Sensex...
Markets witnessed a sharp decline on Thursday as investors grappled with the impact of the United States imposing an additional 25 per cent tariff on Indian exports, taking the total levy to 50 per...
Jefferies maintained its underperform rating on Tata Motors while raising the target price to ₹575 from ₹550. | Photo Credit: KRISHNENDU HALDER Tata Motors shares fell 1.32 per cent to ₹672.65 on Wednesday as...
Part of the Future Group’s 19 entities slated for transfer to Reliance Retail under the stalled ₹24,713 crore deal of 2020, FCL continues to face financial stress as lenders and investors push for resolution....
Domestic equity, currency and debt markets will be closed on Wednesday, August 27, for a local holiday. Trading will resume on Thursday, August 28. The benchmark BSE Sensex fell 1.04 per cent to 80,786.54,...
IndiGo co-founder Rakesh Gangwal plans to sell upto 12.1 million shares in the airline in block deals. The stake sale which amounts to around 3.1 per equity of the airline could fetch Gangwal ₹7,027...
Vodafone Idea shares tumbled 9.32 per cent to ₹6.71 during morning trade on Monday after Minister of State for Communications Chandra Sekhar Pemmasani categorically stated that the telecom department would not provide any relief...
In sharp contrast, domestic mutual funds climbed to a fresh record share of 10.6 per cent in NSE-listed companies, and 13 per cent in the Nifty 50 The balance of power in India’s equity...
Shares of Reliance Power and Reliance Infrastructure hit their lower circuit limits on Monday morning trade as investors’ sentiment were hit amid the recent action by the CBI on Reliance Communications. However, Reliance Power...
Target: ₹118 CMP: ₹95.17 Samvardhana Motherson International (SAMIL) is all set for another year of outperformance on the back of revenue diversification aimed at accelerating incremental growth from high volumes markets like India, Mexico,...
Markets snapped their six-session winning streak on Friday, with the Sensex plunging 693.86 points or 0.85 per cent to close at 81,306.85, while the Nifty 50 declined 213.65 points or 0.85 per cent to...
Varun Goel, Senior Fund Manager, Mirae Asset Investment Managers (India) | Photo Credit: Special Arrangement Mirae Asset Investment Managers, a mutual fund AMC, on Friday said that the Chennai market’s MF Assets under Management...
Block deals are large transactions executed through a single trade to avoid market disruption. The draft circular has sought public comments until September 15 The Securities and Exchange Board of India (SEBI) has proposed...
Under the revised plan, the closing auction is expected to be a 20-minute session from 3.15 to 3.35 pm, instead of the originally proposed 3.30 to 3.45 pm The Securities and Exchange Board of...
Analysts flagged key technical levels, with Nifty support at 24,950 and resistance at 25,150 Markets opened on a negative note Thursday morning, with the Nifty 50 starting at 25,064.15 from its previous close of...
SEBI Chairman Tuhin Kanta Pandey at the 22nd Annual Capital Markets Conference, organised by FICCI, in Mumbai on Thursday | Photo Credit: ANI The Securities and Exchange Board of India (SEBI) is exploring measures...
L&T Technology Services launched PLxAI, a proprietary generative AI framework designed to accelerate product development cycles for global clients across mobility, sustainability, and technology sectors. The Bangalore-based engineering services company announced the launch today....
ICRA Ltd and India Ratings C Research Private Ltd have assigned a rating of AAA/Stable to the Debt Securities Cube Highways Trust (Cube InvIT), managed by Cube Highways Fund Advisors Pvt Ltd, has raised...
Shares of Hindustan Aeronautics Ltd soared 3.5 per cent after the Cabinet Committee on Security (CCS) approved the purchase of 97 LCA Mark 1A fighter jets worth ₹62,000 crore from the defence major. The...
According to Share India Securities, the investment does not fall within the ambit of related party transaction and none of the promoter/promoter group/group companies have any interest in the above entity The board of...
Inox Wind Limited announced that it has sold a stake worth approximately ₹175 crores in its engineering, procurement and construction subsidiary Inox Renewable Solutions Ltd. to investors. The transaction values the subsidiary at around...
The regulator, through a circular issued earlier in May, had capped the maximum weight of the top constituent at 20 per cent and the combined weight of the top three at 45 per cent...
IPO: initial public offering concept | Photo Credit: Chunumunu LGT Business Connextions, an integrated travel solutions provider, plans to raise ₹28 crore through Initial Public Offering on BSE SME Platform. The company will issue...
Mr. Sajjan Jindal, Chairman of JSW Group, and Mr. Parth Jindal, Managing Director of JSW Cement Ltd., at the bell-ringing ceremony of JSW Cement held at NSE, marking the successful IPO listing of the...
Transformer components manufacturer Mangal Electrical Industries on Thursday fixed a price band of ₹533 to ₹561 per share for its upcoming ₹400 crore Initial Public Offering (IPO). The IPO — entirely a fresh issue...
Chairman and Managing Director Sajid Malik attributed the growth to strong execution of urban digital twin projects and rising demand for automotive mapping solutions. The shares of Genesys International Corporation Limited traded on the...
US President Donald Trump and Russia’s President Vladimir Putin | Photo Credit: JORGE SILVA Traders are dusting off their geopolitical playbooks ahead of Friday’s meeting between Donald Trump and Vladimir Putin, looking for any...
Gold prices on MCX surged 53% to ₹1,00,389 per 10 grams, while silver rose 41% to ₹1,13,342 per kg. In contrast, Sensex and Nifty gained only around 2%, and broader indices like BSE-500 and...
Broader markets underperformed, with the Nifty Midcap 100 and SmallCap indices closing lower. Sectoral performance was mixed, with financials outperforming while metals and oil & gas lagged. | Photo Credit: Benchmark indices snapped their...
Mufin Green Finance Limited reported a standalone net profit of ₹410.55 lakh for the quarter ended June 30, 2025, marking a 41 per cent increase from ₹262.08 lakh in the same period last year....
Shares of consumer ware products maker All Time Plastics Ltd on Thursday listed with a premium of over 14 per cent against the issue price of ₹275. The stock started trading at ₹314.30, a...
Benchmark indices opened in positive territory on Wednesday morning, with the Sensex starting at 80,492.17 from its previous close of 80,235.59 and trading at 80,448.25, up 212.66 points or 0.27 per cent, at 9:45...
SEBI plans to allow a broader set of strategies under SIFs, which bridge the gap between mutual funds and portfolio management services | Photo Credit: HEMANSHI KAMANI SEBI plans to overhaul key market regulations,...
Shares of Titagarh Rail Systems soared after a flat opening on Tuesday despite a 54 per cent fall in profit in Q1FY26. The company posted a consolidated net profit for the quarter ended June...
The minimum number of public shareholders required has also been increased from 250 to 1,000 | Photo Credit: FRANCIS MASCARENHAS The BSE has strengthened its rules for small and medium enterprises (SMEs) moving to...
Artificial intelligence’s imprint on US financial markets is unmistakable. Nvidia Corp. is the most valuable company in the world at nearly $4.5 trillion. Startups from OpenAI to Anthropic have raised tens of billions of...
SEBI allows transaction charges for distributors bringing minimum ₹10,000 subscription, effective immediately | Photo Credit: HEMANSHI KAMANI Capital market regulator SEBI has allowed a transaction charges to distributors who bring in minimum subscription of...
BlueStone Jewellery and Lifestyle, which offers contemporary jewellery under its flagship brand ‘BlueStone’, on Friday raised over ₹693 crore from anchor investors days before its initial public offering (IPO) opening for subscription. Institutional investors...
Foreign Portfolio Investors (FPIs) continued their selling streak in Indian markets for the fourth consecutive week ending August 8, 2025, with net outflows of ₹1,334 crore, though this represented a marginal improvement from the...
SEBI allows transaction charges for distributors bringing minimum ₹10,000 subscription, effective immediately | Photo Credit: HEMANSHI KAMANI Capital market regulator SEBI has allowed a transaction charges to distributors who bring in minimum subscription of...
NCDEX, which commands a dominant share of India’s agri-commodity trade, must also ensure sufficient investment in technology, operations, and risk frameworks before the launch. The National Commodity & Derivatives Exchange (NCDEX) has received an...
The Initial Public Offering (IPO) of Medistep Healthcare, a manufacturer of sanitary pads and energy powders, opened for subscription at ₹43 apiece. Medistep Healthcare is looking to raise ₹16.10 crore through the initial share...
Target: ₹1,950 CMP: ₹1,510.65 VA Tech Wabag is a leading Indian multinational focused exclusively on water technology, delivering solutions in municipal and industrial water treatment, including desalination, wastewater treatment, and water reuse.
FY25...
Shares of Fortis Healthcare raised over 5 per cent to a 52-week high on Thursday on recording a 57 per cent jump in consolidated net profit to ₹260.28 crore in the June quarter of...
Five companies given go-ahead for IPO. Market regulator Securities and Exchange Board of India (SEBI) on Wednesday cleared initial public offerings (IPOs) of four more companies. Prestige Hospitality Ventures, an arm of realty firm...
Shares of National Securities Depository Ltd (NSDL) did not list on the National Stock Exchange (NSE) as the latter is itself a promoter and one of the selling shareholders in NSDL’s IPO. In addition,...
Target: ₹440 CMP: ₹321.20 Advanced Enzyme Technologies (ADVENZY) started FY26 on a good note wherein Q1-FY26 operating performance (Revenue/EBITDA up about 11/24 per cent q-o-q) has shown signs of improvement as indicated by the...
The tariff concerns overshadowed positive global cues, where US markets had rebounded strongly on Monday as investors bought the dip following weak jobs data that increased expectations of a Federal Reserve rate cut in...
SEBI has suggested a simplified set of disclosures to be submitted to the audit committee The Securities and Exchange Board of India (SEBI) on Monday proposed relaxations for related-party transactions (RPTs), including disclosure norms...
Consumerware products maker All Time Plastics on Monday fixed a price band of ₹260 to ₹275 per share for its ₹401-crore initial public offering (IPO). The initial share-sale will be open for public subscription...
Bharti Hexacom (₹1,843.65) Bulls gain strength The stock of Bharti Hexacom, which gained 3.7 per cent last week, surpassed a resistance at ₹1,830. Notably, it bounced off the support at ₹1,730 last week. Overall, the...
The outlook for the stock of NTPC (₹330.90) is neutral. Immediate support levels are at ₹311 and ₹287. A close below the latter will change the outlook negative. Nearest resistance levels are at ₹344 and ₹363. A close above...
Nifty 50 (24,565) was down 1.1 per cent and Nifty Bank (55,618) lost 1.6 per cent last week. The futures and options (F&O) data show a bearish bias. Here is an analysis: Nifty 50...
U.S. stocks plunged on Friday, with the S&P 500 logging its biggest daily drop since May after President Trump imposed new tariffs on major trade partners and a weak July jobs report raised concerns...
The National Stock Exchange (NSE) has agreed to pay ₹40.35 crore to settle charges of indirectly sharing sensitive, unpublished information with external parties with SEBI. The settlement, by neither “admitting nor denying the findings...
Shares of Eicher Motors led the gainers of the Nifty 50, rising close to 4 per cent, following a 9.4 per cent y-o-y increase in consolidated net profit in Q1 FY26. The automaker reported...
SEBI also proposes expanding the anchor investor framework by increasing the number of anchor allottees for issues above ₹250 crore, enabling wider foreign fund participation. | Photo Credit: HEMANSHI KAMANI/Reuters The Securities and Exchange...
The bearish sentiment extended across the broader market indices as well, with Nifty Midcap 100 falling more than 1 per cent and Nifty Smallcap 100 also down by 1.01 per cent during the opening...
| Photo Credit: Anindito Mukherjee/Bloomberg Target: ₹400 CMP: ₹338.90 NTPC’s PAT stood at ₹6,108 crore, up 11 per cent y-o-y but down 23 per cent q-o-q, beating our and consensus estimates by 13 per...
Shares of Varun Beverages (VBL) surged over 4 per cent in early trade on Wednesday following Q2FY25 results. The company posted 5 per cent increase in consolidated net profit for the quarter ended June...
NSE has offered a record amount of nearly ₹1,400 crore to settle legal matters | Photo Credit: FRANCIS MASCARENHAS National Stock Exchange of India Ltd. is awaiting a response from the country’s market regulator...
Shares of Mazagon Dock Shipbuilders fell 5.16 per cent in early trade on Tuesday after posting a 35 per cent y-o-y decrease in consolidated net profit for the June quarter to ₹452.15 crore from...
In its order Sebi barred it from trading in the securities market but subsequently lifted the ban after the trading firm deposited ₹4843.5 crore as directed by the regulator US-based trading firm Jane Street...
ACME Solar Holdings shares jumped 9.73 per cent to ₹296.77 on Monday morning, after the renewable energy company reported impressive first-quarter results that showed a 76 per cent year-on-year increase in EBITDA to ₹531...
Businessman use tablet and smart phone for Stock Market istock photo for BL | Photo Credit: Orientfootage Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips,...
Poonawalla Fincorp Ltd reported a 53 per cent year-on-year growth in assets under management (AUM) at ₹41,273 crore for the quarter ended June 30, 2025. The non-banking financial company’s board approved raising ₹1,500 crore...
Amagi Media Labs Limited, a software-as-a-service (SaaS) company, has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). According to the DRHP,...
Indiqube Spaces proposes to utilise the fresh capital of ₹462.6 crore towards funding capital expenditure for setting up new centres, ₹93 crore for repayment, and the remainder for general corporate purposes The initial public...
M&B Engineering Ltd on Friday announced that its ₹650-crore initial public offering (IPO) will open for subscription on July 30. The issue, with a price band of ₹366 to ₹385, will conclude on August...
Markets witnessed sharp profit-booking on Thursday, with benchmark indices reversing early gains to close significantly lower as disappointing quarterly earnings from IT majors triggered a sector-wide selloff that overshadowed positive manufacturing PMI data and...
Is quote trade crypto good Cryptocurrency markets are known for their extreme volatility. Prices can swing dramatically within minutes, making trading both exciting and risky. During such times, traders often seek quick and efficient...
Blocks deals worth $371 million were seen in the stocks of two real estate companies — Oberoi Realty and Lodha Developers. The seller in the two blocks was the same investor, Invesco Developing Markets...
The domestic market ended nearly flat, lacking clear direction amid mixed earnings announcements and muted global cues. Investors, staging cautious stance, seemed to have opted for profit booking. After opening with a positive note, the...
Spreadsheet bank accounts accounting with calculator and magnifying glass. Concept for financial fraud investigation, audit and analysis. | Photo Credit: echoevg 1 Results Today Live Updates July 22, 2025: Find all the latest updates...
SBI’s Committee of Directors had approved ₹811.05 a equity share as the floor price for the QIP issue of fully paid-up equity shares of face value ₹1 each | Photo Credit: RUPAK DE CHOWDHURI...
Aditya Birla Capital plans to raise ₹500 crore ($58.1 million) through the sale of bonds maturing in 10 years, three bankers said on Monday. The company has invited coupon and commitment bids for the...
Indiqube Spaces Ltd prepares for IPO, reports net loss of ₹139.61 crore, aims to raise ₹700 crore. | Photo Credit: istock Coworking firm Indiqube Spaces Ltd, which will soon launch an initial public offering...
The PE firm also sees opportunities in logistics and digital infra segments. India is a compelling strategic allocation within emerging markets according to private equity firm KKR, which in its mid-year global review has...
AceVector’s IPO plans mark the latest in a string of major tech-enabled firms tapping Indian capital markets. | Photo Credit: iStockphoto AceVector, parent company of e-commerce marketplace Snapdeal, has confidentially filed draft papers with...
The issue will open on August 1, 2025, and the last date for on market renunciation of rights entitlement will be August 6, 2025 The Board of Directors of Spandana Sphoorty Financial approved a rights...
Investors can express their view on SEBI consultation paper by August 8. | Photo Credit: HEMANSHI KAMANI Capital markets regulator SEBI is planning to allow equity mutual fund schemes to diversify by investing a...
businessman investment consultant analyzing company financial report balance sheet statement working with digital graphs. Concept picture for stock market, office, tax,and project. 3D illustration. istock photo for BL | Photo Credit: iStockphoto 1 Results...
Target: ₹6,400 CMP: ₹5,420.80 Fine Organics Americas, a 100 per cent subsidiary of Fine Organic Industries, has acquired about 160 acres in South Carolina (the US) to set up a full-scale manufacturing facility. This...
Business man or analyst in front of desktop computer holding a modern transparent tablet screen reviewing business performance and a return on investment, ROI, and investement risk analysis istock photo for BL | Photo...
Broking firm Angel One’s net profit for the June quarter fell over 60 per cent to ₹114.5 crore from ₹292.7 crore a year ago, as its revenue took a hit from SEBI’s curbs on...
businessman investment consultant analyzing company financial report balance sheet statement working with digital graphs. Concept picture for stock market, office, tax,and project. 3D illustration. istock photo for BL | Photo Credit: iStockphoto Q1 Results...
Target: ₹370 CMP: ₹360.55 Firstsource Solutions’ (FSOL) FY25 annual report provided insights into the progress made on the growth strategy encompassing the ‘One Firstsource’ framework, with focus on seven strategic levers, including organisational structure...
Businessman and team analyzing financial statement Finance task. with smart phone and laptop and tablet. Wealth management concept at office istock photo for BL | Photo Credit: nuttapong punna Q1 results 2025 today live...
Nithin Kamath, Founder and CEO, Zerodha Zerodha founder and CEO Nithin Kamath has red-flagged distortion in stock market pricing mechanism due to lack of short-selling opportunities. In an official X post, Kamath said the...
Promoter group entities of VIP Industries have agreed to sell up to 58 per cent stake in the luggage company to a consortium of Multiples private equity for ₹3,200 crore, according to an exchange...
The company’s profit after tax surged 187.3 per cent to ₹280.6 crore in FY25 Oswal Pumps Limited posted total income of ₹1,432.9 crore in FY25, marking an 88.2 per cent year-on-year increase from ₹761.2...
The markets closed sharply lower on Friday, with the Sensex tumbling 689.81 points or 0.83 per cent to 82,500.47 and the Nifty 50 declining 205.40 points or 0.81 per cent to 25,149.85, as disappointing...
Asia’s oldest stock exchange was preparing to celebrate its 150th anniversary when a storm of bad news upended the festivities. On Monday, a report revealed deepening losses in equity derivatives among India’s retail traders,...
Target: ₹4,420 CMP: ₹6,067.30 Tata Elxsi (TELX) reported a disappointing print vs I-Sec’s already muted estimates. Q1-FY26 marks the fourth straight quarter of muted revenue performance. Large deal wins are taking longer to convert...
Exchanges enforce throttles or limits to prevent system overload and unfair advantage for ultra-fast traders | Photo Credit: FRANCIS MASCARENHAS BSE’s new throttle charges have added to the troubles of algorithmic and high-frequency traders...
Despite positive cues from Asian markets, analysts expect a cautious tone to prevail, especially in IT stocks. Derivatives data show strong resistance at 25,500, muted investor confidence, and a low volatility regime, signaling a...
Target: ₹253 CMP: ₹204.90 Weaker realisations arising from volatility in PVC prices, coupled with subdued volume growth, have impacted revenue booking of Finolex’s PVC pipes and fittings business. Revenues slid to ₹1,168 crore in...
Financials and oil & gas attracted foreign money, while power and capital goods saw FPI exits. | Photo Credit: iStockphoto Indian markets are expected to open on a flat note, as indicated by trading...
The idea is to provide everything an FPI may need to trade in India under one roof, instead of making them scan through multiple platforms, one of the sources said. | Photo Credit: HEMANSHI...
FILE PHOTO: FILE PHOTO: Men walk past a screen displaying market results outside the Bombay Stock Exchange (BSE) in Mumbai, India, April 7, 2025. REUTERS/Francis Mascarenhas TPX IMAGES OF THE DAY/File Photo/File Photo |...
MUMBAI, NSE, 21 OCTOBER 2024: The facade of the National Stock Exchange (NSE) with the bull statue and also stautes of six human sculptures representing an Indian family, at the National Stock Exchange (NSE),...
The Travel Food Services IPO saw muted interest from investors on the first day of the issue opening, as it was subscribed just 10 per cent. The Rs 2,000-crore initial public offering of Travel...
Target: 800 CMP: ₹854.45 IndusInd Bank (IIB) has witnessed a steep decline in operating performance due to asset quality issues and accounting discrepancies. While the bank has recognised the due impact from these abnormalities,...
The Rs 2,000-crore initial public offering of Travel Food Services opens today for public subscription. The IPO, entirely an offer for sale by the Kapur Family Trust, comes with a price band of Rs...
Zerodha founder and CEO Nithin Kamath Zerodha founder and CEO Nithin Kamath has cautioned that retail trading activity could be impacted if proprietary trading firms like Jane Street, which contribute nearly 50 per cent...
As of June 2025, there are 176 manufacturers across India holding valid BIS licenses for protective helmets. | Photo Credit: GOVARTHAN M The Department of Consumer Affairs on Saturday urged consumers across the country...
Brightcom Group Limited, the ad-tech company which was under SEBI scanner for violation of accounting norms, has said that the BSE and NSE have revoked the suspension in trading of its shares. Consequently, trading...
India’s markets regulator has widened its probe into alleged market manipulation by U.S. securities trading firm Jane Street to include other exchanges and indices, according to a source, after barring it from trading in...
The ₹860-crore IPO from the B2B education platform for agents and global institutions of higher education enters was entirely an offer-for-sale by promoters Pinky Agarwal and Manish Agarwa | Photo Credit: VENKATACHALAPATHY C The public...
FILE PHOTO: The logo of the Securities and Exchange Board of India is seen on its headquarters in Mumbai | Photo Credit: HEMANSHI KAMANI The market regulator said it has barred global fund Jane...
Target: ₹551 CMP: ₹445.45 We recently attended a field visit to Hindustan Zinc’s (HZL) Chanderiya smelting complex and the underground mining operations at Rampura Agucha in Rajasthan – two of the company’s flagship assets....
Among emerging markets, the top three or four have very good balance sheets, like China, Taiwan, Brazil, Mexico, India, said Mervyn Shanmugam, Executive – Emerging Markets, Sanlam Investments Group, in a conversation with businessline....
The company harnesses waste-to-energy technology, transforming municipal solid waste residue, refuse-derived fuel and other renewable fuels into steam. Surat-based Steamhouse India, a company dedicated to centralised steam supply for industrial clients, has filed a...
Stock markets are likely to remain in consolidation phase. Gift Nifty at 25,670 signals another positive opening for the Indian markets. Analysts expect profit-booking to keep the market under check. With the results season set...
We estimate a 26 per cent CAGR in financial services revenue, with the segment’s share in total revenue expected to rise by more than 250bp to around 27 per cent by FY28E | Photo...
July starts with a series of listing sof new shares on the bourses. Shares of Kalpataru, Ellenbarrie Industrial Gases, Globe Civil Projects and Raymond Realty will make market debut from Tuesday. Last week saw...
Meta’s update on verified investment advertisers on its platforms comes at a time when SEBI is cracking down on finfluencers and those luring unsuspecting investors to invest in dubious schemes through ads on social...
Indogulf Cropsciences’ Rs 200-crore initial public offering (IPO) will close for public subscription today. The issue has so far generated moderate success, having been subscribing 0.94 times. The IPO has received bids for 1.25 crore shares...
Nine of the top-10 most valued firms together added ₹2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the...
Indian equity markets have staged a remarkable comeback, with major indices now trading just 1-5 per cent below their September 24, 2024, peaks, following a swift recovery from early-March 2025 lows. The correction phase...
Foodlink F&B Holdings (India), a catering and food retail chain company, has filed preliminary papers with capital markets regulator SEBI to raise funds through an initial public offering (IPO). The IPO is a mix...
The threshold limit for large-cap stocks in the semi-annual AMFI classification list is expected to fall 8% to ₹91,600 crore from ₹1 lakh crore logged in December | Photo Credit: iStockphoto The threshold limit...
Vikash Agarwal, CMD of Crizac Ltd is addressing the media at their IPO announcement in Mumbai Crizac on Friday fixed the IPO price band at ₹233-245 a share for its upcoming initial public offering....
Sambhv Steel Tubes’ ₹540 crore initial public offering closes for subscription today. The steel pipe manufacturer’s issue, priced between ₹77 and ₹82 per share, attracted bids for 8.65 crore shares against a total offering...
Target: ₹2,331 CMP: ₹1,739.75 Continued volatility in the agrochemical sector and persistent competition from China (mainly for Balaji Specialty) did affect revenue booking last quarter. Revenue from operations as a result nosedived to ₹352.72...
The IPO of Globe Civil Projects saw an overwhelming response from all categories of investors, with aggressive bids by qualified institutional buyers (QIBs) on day 1 itself. The IPO was subscribed nearly 15.27 times, with...
Target: ₹265 CMP: ₹242.75 We visited the integrated unit (IU) of Andhra Cements (ACL) at Dachepalli, in the Palnadu district of Andhra Pradesh. Sagar Cements (SGC) owns 90 per cent stake in its subsidiary...
Established in 1973, Ellenbarrie is a leading supplier of industrial and medical gases, recording a strong performance in FY24 with significant revenue and profit growth. Ellenbarrie Industrial Gases IPO enters day 2 on lacklustre...
The move, aimed at ensuring compliance with the Articles of Association and Companies Act, is being viewed as a double-edged sword — enhancing governance but likely causing delays and adding procedural burden. | Photo...
The Globe Civil Projects IPO, aiming to raise ₹119 crore, opens to the public today with a price band of ₹67 to ₹71 per share. Globe Civil Projects IPO to raise ₹119.00 crore will...
Ashish Dikshit (left), Managing Director, Aditya Birla Lifestyle Brands Ltd and Ashish Chauhan, Managing Director & CEO, National Stock Exchange during the listing ceremony, in Mumbai, on Monday | Photo Credit: PTI Shares of...
Indian benchmark indices, Sensex and Nifty, are expected to open lower on Monday, reacting to rising geopolitical tensions in West Asia following US and Israeli actions against Iran. | Photo Credit: NIHARIKA KULKARNI Indian...
India Cements is selling its entire equity investment held in Industrial Chemicals and Monomers Ltd (ICML) to Mirai Sensing Private Ltd for ₹98 crore, the company said in an announcement to the Bombay Stock...
CG Power and Industrial Solutions (₹688.45) Eyeing a breakout The stock of CG Power and Industrial Solutions, currently trading at ₹688, faces a resistance at ₹705. While the scrip has been struggling to break out...
State-run power giant NTPC board on Saturday approved the proposal to raise up to ₹18,000 crore through the issuance of NCDs or bonds on private placement in the domestic market. The board of directors...
Nippon India Mutual Fund, BlackRock, Societe Generale, Morgan Stanley and others on Friday collectively bought a 10 per cent stake in Sai Life Sciences from US-based asset manager TPG for ₹1,505 crore through open...
The regulations for direct list of stocks in GIFT City in Gujarat is currently being formulated and NSE IX — an international exchange at GIFT City in Gujarat — will be able to do the...
The board of Nestle India will meet on June 26 to consider its first-ever bonus share issue DMK MP Dayanidhi Maran has served a legal notice on his brother and Sun Network Executive Chairman...
The IPO positions the company among the largest NBFCs to go public in recent years. HDB Financial Services, the non-banking financial company subsidiary of HDFC Bank, will launch its ₹12,500 crore initial public offer...
Abbott and MSD Pharmaceuticals have entered into a distribution agreement for MSD’s oral anti-diabetic medicine sitagliptin, its combination sitagliptin/ metformin and the extended-release version in India. Abbott will distribute the portfolio in the country....
Markets regulator SEBI has approved a new voluntary delisting framework for PSUs where government holding exceeds 90 per cent | Photo Credit: iStock Markets regulator SEBI’s board on Wednesday cleared a host of proposals,...
EMS: Company secures L1 status for Rs 183.81 crore UP Jal Nigam sewerage project. (Positive) Polycab India: Company has entered into an agreement with BSNL for amended Bharatnet with total project value of Rs...
Target: ₹175 CMP: ₹141.60 We met Praveen Kutty, MD & CEO of DCB Bank.
Key highlights are: Management is re-orienting DCB towards being customer-centric, as opposed to being product-centric earlier. Over the medium...
Mphasis has announced a strategic partnership with Sixfold, the US and UK-based AI underwriting company redefining how insurers assess risk. As an implementation partner, Mphasis will integrate Sixfold’s AI platform to help insurers accelerate...
The fund with a target size of $750 million, with an additional green-shoe option of $150 million IFC, a member of the World Bank Group, has signed an agreement to invest $60 million (₹516...
Power-generating windmill turbines at a Adani Green Energy wind park on the Ahmedabad-Narayan Sarovar state highway in Gujarat | Photo Credit: AMIT DAVE Adani Green Energy Ltd (AGEL) has been ranked first in the...
Target: ₹713 CMP: ₹793.15 Jubilant Ingrevia is one of the leading players in India supplying chemical intermediates to agrochemical innovators for almost 3 decades. The company is now transitioning to become a CDMO player...
Solar panel manufacturer Rayzon Solar Ltd is planning to file draft papers with markets regulator SEBI by the end of the month, as it prepares for a ₹1,500-crore initial public offering (IPO), people familiar...
Tech Mahindra, TCS, Maruti Suzuki, and Sun Pharma gain as broader markets falter amid geopolitical tensions. Shares of Tech Mahindra Ltd., Tata Consultancy Services Ltd. (TCS), Maruti Suzuki India Ltd., and Sun Pharmaceutical Industries...
The Sensex and Nifty posted weekly losses of 1.1-1.3 per cent. | Photo Credit: iStockphoto Gold prices rose to record highs, crude spiked, rupee fell below 86 to the dollar and Indian government securities...
Target: ₹560 CMP: ₹423.80 We interacted with Repco Home Finance’s management to understand the drivers of loan growth acceleration, factors which will influence portfolio spread/NIM and actions taken to consistently reduce the overdue portfolio...
The ₹1,387.34-crore initial public offering from Oswal Pumps, a vertically integrated solar pump manufacturer, opens today for public subscription. The company has fixed the price band as ₹584-614. The IPO, a mix of fresh...
NSDL’s shares in the unlisted market have surged around 50 per cent to around ₹1,200 over in the past two months | Photo Credit: cueapi The country’s largest depository, National Securities Depository (NSDL), is...
NIBE has informed the enchanges that it has received a purchase order from one of the leading infra and defence companies for supply of Armor Plate MIL12560 for a consideration of Rs 23.33 crore...
Target: ₹431 CMP: ₹359.30 Senco Gold posted strong growth across revenue/EBITDA/PAT of 21.1/44.8/94. per cent y-o-y respectively, led by healthy wedding sales. Management has reiterated topline growth of 18-20 per cent in FY26 and...
CreditAccess Grameen Ltd has secured a USD 100 million multi-currency syndicated social loan facility, qualifying as an External Commercial Borrowing (ECB) under the automatic route of the Reserve Bank of India (RBI). This ECB facility...
Shares will be listed on the mainboards of BSE and the NSE Oswal Pumps, a vertically integrated solar pump manufacturer, has fixed the price band of ₹584-614 for its upcoming initial public offering that...
Options data reflects a bullish bias, with aggressive put writing and Max Pain around 25,000. Indian equity markets are expected to open on a positive note on Tuesday, amid mixed global cues. Analysts expect...
Equity benchmark indices ended positive for the fourth day, investor sentiments boosted by Reserve Bank of India’s double bonanza of a larger-than-expected repo rate cut and reduction in the CRR. While main indices were...
Winds of rumour have it that promoters Suzlon Energy plans to sell stake in the company in open market via block deal window. Suzlon Energy’s promoters Tanti Family & Trust plan to sell 20...
RBI governor made it clear that the RBI will not shy away from taking any action against IndusInd Bank and the law will take its own course if there are any criminalities in the...
Aditya Birla Fashion and Retail (₹77.79) Tests a crucial base The stock of Aditya Birla Fashion and Retail got hammered and it lost a little over 16 per cent over the past three weeks....
Government bonds written in a note. Trading concept. | Photo Credit: designer491 The initial cheer about the larger-than-expected 50 basis points repo rate cut gave way to disappointment in the Government Securities (G-Secs) market...
Shares of Bajaj Finserv rose 2.30% to close at ₹1,988.70 apiece on the NSE. | Photo Credit: iStockphoto SBI MF, Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8 per...
Mutual funds mobilised over ₹1 lakh crore through new offerings. Thematic and sectoral funds have recently gained popularity among both investors and fund houses. In FY25 alone, 52 such active schemes were launched —...
tock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE share prices and Indian stock markets for 6 June 2025. 07:23 | June...
NCDEX decides to opt out of the current contest for expiry days. The National Commodity & Derivatives Exchange Ltd (NCDEX) does not plan to apply for a weekly expiry day under SEBI’s recent directive...
Newgen Software: Company received more than two and half million US Dollar international order (Positive) Escorts Kubota: Company announced the commercial launch of a new backhoe loader, ‘BLX 75. (Positive) Dynamic Services: Company received...
Target: ₹1,330 CMP: ₹1,233.85 SignatureGlobal India is one of the largest real estate development companies in the NCR/Delhi regions in the affordable and mid-income segments. The company has now shifted its focus to mid...
CMP: INR 24 | Market Cap: INR 2,352 Mn Forward Guidance * For FY26, the company is looking at a topline run of 20% to 30% growth. * The focus for FY26 is on...
Experts say promoters are cashing out at high valuations, either to diversify holdings or fund new ventures. While the surge raises short-term market liquidity concerns, many sellers are reportedly reinvesting in family offices and...
tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 3 June 2025. 06:51 | June...
The Defence Budget is expected to see a significant boost Defence company stocks listed on stock exchanges are expected to outperform the broader market as the government deepens focus on domestic manufacturing given the...
Sensex, Nifty, Share Prices LIVE: The stock of Piramal Enterprises Limited (PEL) has been in an uptrend since early March after it found support at ₹850. It rallied and marked a five-week high of...