Suzlon Energy has been issued an advisory cum warning letter from both the National Stock Exchange (NSE) and BSE Ltd, regarding non-compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements. These warnings are issued in respect to the company’s handling of disclosures related to the resignation of Independent Director, … Read more
The shares of Western Carriers listed at the bourses on Tuesday with a discount of 1.16%. The stock listed at Rs 170 on BSE as against an issue price of Rs 172. Meanwhile, on the NSE, the stock listed at Rs 171, down Rs 1 or 0.6%. The IPO received a healthy response from investors … Read more
Shares of Macrotech Developers surged 5% to its day’s high of Rs 1,297.60 on BSE after the global brokerage firm Nomura initiated coverage on the stock with a buy rating and a target price of Rs 1,600, predicting a 30% upside potential. The global brokerage firm is positive on the stock’s future prospects given its … Read more
Shares of Ramco Systems rallied 6% to hit a 52-week high at Rs 455 in Wednesday’s trade on BSE, following the launch of its latest Aviation Software version 6.0. The new software is designed to revolutionize maintenance, repair, and overhaul (MRO) operations, as well as maintenance and engineering (M&E) processes, through advanced technology and AI-driven … Read more
Shares of Indigo Paints fell by 5.7% to a low of Rs 1,452.10 on the BSE during early trading today. This decline followed a block deal estimated at Rs 179.2 crore, representing 2.5% of the company’s equity, at Rs 1,493 per share. Reportedly, 1.2 crore shares were traded in the transaction, with Peak XV Partners … Read more
Shares of oil marketing companies (OMCs) such as ONGC, Oil India, Chennai Petroleum Corporation, and GAIL dropped up to 5% on the BSE on Wednesday as crude oil prices continued to decline, reaching their lowest close since December and erasing all gains for the year. Shares of ONGC declined to the day’s low of Rs … Read more
Discount broking firm Zerodha, owned by Nithin and Nikhil Kamath, booked profits on the BSE and added Radico Khaitan to its investment portfolio in the June quarter of 2024. Zerodha reduced its stake in BSE from 23.3 lakh shares (1.72%) in the March quarter to 19.8 lakh (1.46%) in the June quarter. This reduction follows … Read more
Domestic markets continued their record-breaking run even in the month of August, but the gains were steady with Sensex gaining close to 1%. The rally was also broad-based with the smallcaps outperforming the benchmark as the BSE smallcap index was up around 1.25% during the month. This was reflected in the gains of the broader … Read more
Paytm shares jumped 5% on the BSE in Thursday’s early trade, reaching a high of Rs 565, after the company received approval from the finance ministry to invest in its payment services business. After this approval, the payment services business, Paytm Payments Services Limited (PPSL), will resubmit the application for its payment aggregator license. “We … Read more
Amid mixed global cues, Indian equity indices Sensex and Nifty opened slightly higher on Wednesday, driven by gains in auto and energy stocks. The BSE Sensex was up 89 points, or 0.11%, at 81,799, while the Nifty50 rose 19 points, or 0.08%, to 25,036—just 42 points shy of its all-time high—around 9:22 am. From the … Read more
