SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
4:00 PM
Latest News and Updates
- Indian equity markets ended the day in Green today. Nifty 50 ended, up by 50 points. Sensex ended, up by 211.16 points. Top Gainers today were BPCL, Reliance and Hero Motors. Top Losers today were Hindalco, Apollo Hospitals and JSW Steel.
- All the broader indicies ended in Green. Small cap stocks saw particularly strong buying demand. IT stocks, Metal Stocks, and Finance Services stocks saw some selling pressure today. Auto stocks and Oil & Gas stocks saw some good buying demand. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
3:22 PM
Latest News and Updates
- Honda Cars India announced that it has partnered with Maruti Suzuki Toyotsu for vehicle scrapping. The initiative will enable Honda to provide its customers with a one-stop shop for scrapping their EOL vehicles (ELVs).
- Honda Cars India Ltd (HCIL) said in a statement that with this collaboration, the Japanese automaker hopes to help its customers get the best value for their ELVs and facilitate hassle-free deregistration and Certificate of Deposit/ Destruction through its dealer partners.
- Maruti Suzuki Toyotsu India (MSTI) is a government-approved ELV scrapping and recycling firm that is establishing scrap and recycling centres throughout the country. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
3:20 PM
Latest News and Updates
- Valiant Communications has been recognized as the 'Trusted Source' by National Security Council Secretariat (Trusted Telecom Cell), a part of National Security Council who advises the Prime Minister's Office on matters of national security and strategic interest.
- With this approval, Valiant has become the 'Trusted Source' for all Indian Telecom Service Providers (TSPs) for sourcing their telecom active network products and infrastructure and has become one of the few companies to have received the 'trusted sources' approval in the Country. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
3:12 PM
Latest News and Updates
- On Monday at 02:34 PM, MSTC shares hit the 20% upper circuit at Rs 338.80 on the BSE, supported by high volumes. 5.83 million equity shares, or 8.3% of the company's total equity, had exchanged hands at the counters on the NSE and BSE. According to data, there were pending buy orders for 350,000 shares total on these exchanges. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
3:08 PM
Latest News and Updates
- Nucleus Software Exports Limited informed that its digital lending platform FinnOne Neo is used by the Bank of Sydney for a better customer experience with a faster approval process and communications.
- The Bank intends to improve both internal and external transparency and accountability of its processes by utilising the platform's real-time dashboard for tracking and reporting. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:48 PM
Latest News and Updates
- Vikas Lifecare's stock rose on Monday after the company's board of directors approved the issuance and allotment of more than 10.75 crore equity shares to qualified institutional buyers.
- The trading and distribution company announced in an exchange filing that it has approved the qualified institutional placement of 10,75,26,881 equity shares with a face value of Rs1 each.
- Following the announcement, Vikas Lifecare shares rose as much as 6% to Rs5.05 on Monday before reversing some of their gains. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:34 PM
Latest News and Updates
- Pondy Oxides and Chemicals Limited has been felicitated with a Certificate of recognition as "Three Star Export House" received on November 23, 2022 from Directorate General of Foreign Trade, Ministry of Commerce & Industry, Govt. of India.
- As per the filing, this esteemed recognition is based on an exceptional performance in international trade and successful achievement of desired export performance. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:28 PM
Latest News and Updates
- Techno Electric & Engineering Company Limited informed that it has received an order worth Rs700 crore.
- The orders include GOA Tamanar Transmission Project Limited worth Rs126 crore, RECPDCL order of supplying 2.5 Lakh Smart Meters in Jammu & Kashmir on DBFOOT Basis for Rs338 crore, and Transmission order received from Tripura State Electricity Corporation worth Rs230 crore.
- TEECL (Techno Electric & Engineering Company) is a major power-infrastructure company in India. In the three industry segments of generation, transmission, and distribution, we are at the forefront of Engineering, Procurement, and Construction (EPC), asset ownership, and operations and maintenance services.Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
2:19 PM
Latest News and Updates
- On Monday, the shares of tyre firms were the subject of attention as Apollo Tyres, Ceat, and JK Tyres all saw intraday gains of up to 9% amid high activity. Expectations of future margin expansion have sparked the rise.
- Of them, Apollo Tires soared 6% and reached a record high of Rs 312.35, while Ceat increased 5% and reached a new 52-week high. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
1:51 PM
Latest News and Updates
- TMRW, an Aditya Birla Group venture, announced a collaboration with 8 Digital-First lifestyle brands. These collaborations with new-age founders were entered into within a few months of the venture's launch.
- Over the next few years, TMRW plans to build a leading technology-led Digital First 'House of Brands' business. TMRW has achieved a revenue run-rate of above Rs700 crore with these 8 brands on board and is on track to surpass an annual revenue rate of Rs1,500 crore in the next 12 months.
- Investment in these eight direct-to-consumer brands creates a solid foundation with a diverse portfolio across several fashion sub-categories. TMRW has established a presence in a wide range of apparel segments, including Casual Wear, Kid's Wear, and Western Wear, with this portfolio. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
1:50 PM
Latest News and Updates
- Domestic benchmark indices trading in the green after the gap-down opening on Monday's market session. Both the Sensex and Nifty benchmarks had begun its fast rally with IT and oil & gas stocks. Sensex and Nifty hit record highs led by gains in oil market companies as crude oil prices slid following protests in major China cities against zero-covid policies.
- On the sectoral front Oil & Gas index outperforming by rising over 100 points with IT, banking index on marginal upside.
- At around 2:00 PM, Sensex was trading at 62,646.59 higher by 352.95 points or 0.57%. Nifty 50 traded at 18,598.80 higher 86.05 points or 0.46%. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
1:14 PM
Latest News and Updates
- Larsen & Toubro-led the Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) of L&T has secured two prestigious offshore orders.
- The Business has received India’s first contract for decommissioning of offshore facilities from British Gas Exploration and Production India Limited (BGEPL, part of Shell Plc Group of Companies).
- The contract scope of work involves Engineering, Preparation, Removal and Transportation of five (5) offshore Wellhead Platforms and associated facilities at the Tapti field, off India’s west coast, which is being operated by the Joint Venture of BGEPL, ONGC, and RIL. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:41 PM
Latest News and Updates
- In intraday trading on Monday, shares of Reliance Industries (RIL) rallied 3% on the BSE to reach a high of Rs 2,693, surpassing the previous five-month high.
- According to market capitalization, the stock of the largest listed company in the nation increased in price for the third straight day, gaining 5.4% in that time.
- The stock was trading at its highest level since June 10, 2022; the record high was set on April 29 and stands at Rs 2,855. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:37 PM
Latest News and Updates
- EaseMyTrip, India's leading online travel tech platform, today announced the launch of EMTPRO, an invite-only, exclusive program for its most loyal customers.
- Customers of EaseMyTrip will be enrolled in a 'Refer Now & Earn Forever' under this programme. By referring a new user to book from the EaseMyTrip website or mobile application, the referrer will receive exciting cash-backs on flights, hotels, holidays, buses, and trains for a year. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:18 PM
Latest News and Updates
- Central Government may allocate an additional Rs 28,000 crore to Pradhan Mantri Awas Yojan - Gramin, in FY 23. This will be done so that more houses can be constructed under the scheme. General Election will take place in 2024.
- The rural economy of India is still reeling under the economic devastation of Covid lockdowns. High inflation has reduced the real income of rural poor. The Government is trying to alleviate this impact through increased spending on social welfare schemes such as PMAY-G. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
12:18 PM
Latest News and Updates
- Emami Limited informed that the board of directors of the company has appointed Mukesh Kumar Agarwal, Assistant Vice President (Finance), has been appointed as Interim Chief Financial Officer (Interim CFO) and Key Managerial Personnel of the company effective from November 28, 2022.
- Mukesh is appointed to fill the vacancy caused by the resignation of S K Khetan, the company's former Chief Financial Officer, and shall hold the position until the appointment of the next Chief Financial Officer.
- Shri Mukesh Kumar Agarwal, 50, is a qualified Chartered Accountant and Commerce graduate from St. Xavier's College Kolkata with over 25 years of experience in Accounts, Finance, and Taxation. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:56 AM
Latest News and Updates
- TARC Limited has received the Occupation Certificate (OC) for its premium residential project, TARC Maceo, in Gurugram's lush and sprawling Sector 91.
- TARC Maceo is a 15.75-acre development that features premium 7/3/4 BHK apartments and palatial penthouses. Squash courts, swimming pool, gym, yoga, and meditation room, restaurant, amphitheater, lily pond and seating, lounge, kids' play area, skating rink, multilevel security check, pre-school, shuttle service, and much more are among the amenities and services provided by the project.
- The current booking offering is Rs6,300 per sq. ft., representing a 44% increase in one year.
- TARC Maceo is the ideal setting for a new beginning, with lush green natural surroundings that provide some respite from the polluted environs of the main city. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:47 AM
Latest News and Updates
- Indian equity markets may see some gains this week. In China, protests have erupted against the draconian Covid lockdown policy of Chinese government. These disruptions may benefit Indian equity markets. More foreign investors will divert funds to Indian equity markets from Chinese equity markets.
- US non-farm job data for November will come this week. Black Friday Sales in US are likely to be tepid this year. OECD has said that inflationary pressure has increased. HP has said that it does not expect the Personal Computers business to recover anytime soon in the next year. Its rival Dell has already reported a significant drop in sales of PCs to both consumers and companies. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:47 AM
Latest News and Updates
- In early trading on Monday, the rupee lost 6 paise to 81.77/ US dollar, following a sluggish trend in domestic equity markets and a strong US dollar abroad. The rupee's decline was nevertheless restrained, according to forex dealers, by lower crude prices on the global market and new foreign fund inflows.
- The domestic currency at the interbank foreign exchange started out weakly against the dollar at 81.81 but later gained some ground and quoted at 81.77, a decline of 6 paise from its previous close. The rupee lost just one paisa against the dollar to conclude the last session on Friday at 81.7. The dollar index, which measures how strong the dollar is relative to a basket of six different currencies, increased by 0.41 % to 106.39. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:44 AM
Latest News and Updates
- Dharmaj Crop Guard IPO is launched today and will conclude on November 30, 2022. The price band of the initial public offer is fixed at Rs 216-237 per share. One can subscribe for the IPO in a lot size of 60 shares and its multiples. 50% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors and the remaining 35% for retail investors.
- The details of day 1 of subscription till 11.30 AM are provided in the table below: Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:40 AM
Latest News and Updates
- After the company stated that its board had approved a share buyback proposal, shares of the Indian Energy Exchange (IEX) fell 2% to Rs 146.80 on the BSE in an otherwise strong market. In contrast, at 11:07 am, the S&P BSE Sensex was up 0.32 % at 62,496.
- The repurchase would be conducted on the open market for a price that does not exceed Rs 200 per share and Rs 98 crore. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:34 AM
Latest News and Updates
- Bajaj Finance Limited has informed that the Company has entered into a Securities Subscription Agreement, Shareholders’ Agreement and Share Purchase Agreement on November 25, 2022 to acquire up to 40% stake (fully diluted basis) in Snapwork Technologies Private Limited by way of primary and secondary transactions for up to Rs93 crore.
- As per the regulatory filing, Snapwork is engaged in the business of developing, consulting, providing, exporting, importing, marketing, dealing in and implementation of software technology and allied products for its clients and conducting research and development for the same.
- The acquisition is proposed with the intention to strengthen the Company’s technology roadmap, the company said. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:30 AM
Latest News and Updates
- As a result of a positive business outlook, shares of Rail Vikas Nigam (RVNL), a provider of rail infrastructure, rose 9% on the BSE on Monday and reached a new high of Rs 79.70. In comparison to the 2.7% increase in the S&P BSE Sensex, the stock price of a public sector undertaking (PSU) company has practically doubled or skyrocketed 99 percent from a level of Rs 40 so far in November.
- RVNL has announced securing numerous orders during the past month. On November 11, RVNL announced that the business has been chosen as the preferred bidder for the Development of UTF (Uthuru Thila Falhu- Island) Harbour international project in the Maldives. The anticipated project cost for this critical project for the Indian government is roughly Rs 1,544.60 crore. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:22 AM
Latest News and Updates
- The Reserve Bank of India (RBI) instructed the company's affiliate, Paytm Payment Services Ltd (PPSL), not to onboard new online merchants, which caused shares of One 97 Communications, the owner of India's largest digital-payments service Paytm, to decline 4% to Rs 444.35 on the BSE on Monday.
- This was in response to a licence application the business had submitted for a payment aggregator. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:21 AM
Latest News and Updates
- Foreign currency loans raised by Indian companies plunged to USD 210 million in the second quarter of FY23. That's down by 93.3% from last year when five companies raised $3.1 billion. The lowest Q2 was the lowest since December 2003, when Indian companies raised $191 million.
- Volatility in currency markets, a sharp rise in interest rates in the United States and the availability of funds in India are the main reasons for the decline. According to reports, only two companies received funding in the September quarter. Due to this, the Indian currency is losing its value sharply against the US dollar and the Reserve Bank of India (RBI) has taken several steps to stop the fall of the rupee. In June 2022, 7 companies raised $1.69 billion in funding, while in March 2022, 13 companies raised $6.9 billion. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
11:06 AM
Latest News and Updates
- Persistent Systems Limited, a global leader in Digital Engineering, opened its first office in Indore, Madhya Pradesh. This 450-person office will be the most recent addition to Persistent's rapidly expanding global delivery network.
- This new delivery centre will be critical in enabling clients across industries to accelerate business transformation and in providing career opportunities for software professionals in the region to build next-generation software products and digital assets.
- Indore is the country's emerging IT centre, and it is home to several top engineering colleges. Over the past several years, Persistent has worked with leading engineering colleges as well as hired laterally in the region to tap into a vast talent ecosystem of both freshers and experienced professionals, not only from within the city but also from nearby cities such as Bhopal, Gwalior, and Jabalpur. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:51 AM
Latest News and Updates
- Inox Leisure Limited has informed that the Company has commenced the Commercial Operations of a Multiplex Cinema Theatre taken on Lease basis, located at INOX Leisure Limited, 3rd Floor, Centro, Bangalore - Nilgiri Road, Mysuru, Karnataka, with effect from November 25, 2022.
- The said Multiplex Cinema Theatre has 4 screens and 474 seats.
- INOX is now present in 74 cities with 167 Multiplexes, 712 screens and a total seating capacity of 158,572 seats across India, as per the filing. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:47 AM
Latest News and Updates
- According to data from the commerce ministry, demand for gold decreased during the months of April through October, causing imports, which have an impact on the current account deficit, to drop 17.38% to nearly USD 24 billion. In the equivalent period of 2021–2022, imports of the yellow metal totaled USD 29 billion. According to the figures, imports fell by 27.47% to USD 3.7 billion in October of this year.
- The amount of silver imported during the month fell by 34.80% to USD 585 million. However, imports increased significantly from April to October 2021–22 to USD 1.52 billion to USD 4.8 billion. The predicted goods trade deficit for April through October 2022 was USD 173.46 billion, compared to USD 94.16 billion in the previous period. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:41 AM
Latest News and Updates
- With hopes of an end to the aggressive rate hikes , foreign portfolio investors are rediscovering their love for Indian equities, making a net investment of Rs 31,630 crore in November. Experts predict that Foreign Portfolio Investors (FPIs) won't continue to be significant sellers after remaining net sellers in August and September.
- FPI inflows are also being fueled by rising forecasts of aggressive rate hike cycles ending on somewhat lowering inflationary curves, better than anticipated US macroeconomic data, and the resilience of the Indian economy relative to other global economies. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:26 AM
Latest News and Updates
- The market value of nine of the top ten corporations increased by a combined Rs 79,798.3 crore last week, with IT giants Tata Consultancy Services (TCS) and Infosys emerging as the largest gainers. The 30-share BSE Sensex increased 630.16 points or 1% over the previous week. The barometer reached a new closing high on Friday of 62,293.64.
- Except for Adani Enterprises, all of the top ten companies in terms of valuation saw increases, including Reliance Industries, HDFC Bank, ICICI Bank, and Hindustan Unilever Limited. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
10:15 AM
Latest News and Updates
- Simplilearn, the world's leading online digital skills training bootcamp, has announced the acquisition of American bootcamp training company Fullstake Academy. The acquisition will give the company access to more than 300 employees and 19 new universities in the US. It has trained nearly 700,000 individuals, according to a statement issued on November 28th by the company.
- Simplilearn acquired Fullstake in an all-cash deal. However, it did not disclose the value of the transaction. Fullstake will also help the company expand its presence in the bootcamp space and increase revenue to $200 million by FY24 (2023-24), of which 70% is likely to come from global markets, the company said.
- Following the acquisition, Fullstack Academy employees will remain in their roles as part of the combined organization, bringing Simplilearn's total workforce to more than 2,500. Fullstake is Simplilearn's second acquisition since 2015 when it bought Market Motive, a platform that trains working professionals in digital marketing. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:57 AM
Latest News and Updates
- In light of difficulties brought on by global headwinds, the Confederation of Indian Industry (CII) requested on Sunday that the Reserve Bank of India take into account slowing the pace of its monetary tightening before the upcoming monetary policy review.
- The business group stated in a statement that the RBI "should consider slowing the pace of its monetary tightening from the earlier 50 basis points" given the obstacles to the domestic economy that are mostly caused by global concerns.
- On December 5–7, the Monetary Policy Committee (MPC) will convene. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:52 AM
Latest News and Updates
- The Central Bureau of Investigation (CBI) has claimed that DHFL’s promoters formed 87 shell companies and created more than 260,000 “fictitious borrowers†and further set up a “virtual branch†to divert money borrowed from banks.
- In its charge sheet filed last month in connection with India’s biggest bank fraud, involving Rs34,614 crore, CBI commented that Kapil and Dheeraj Wadhawan diverted funds and purchased 24 paintings of Rs63 crore. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:49 AM
Latest News and Updates
- The yuan fell on Monday as concerned investors flocked to the safe-haven greenback as protests against COVID regulations in China fuelled uncertainty and damaged morale.
- Following a fatal fire in Urumqi in the country's far west, the COVID protests have erupted across China and spread to numerous cities, with hundreds of protesters and police squabbling in Shanghai on Sunday night.
- Early Asia trade saw a 0.76% increase in the dollar against the offshore yuan, reaching 7.2456. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:39 AM
Latest News and Updates
- The volatility continued on Monday with Sensex nosediving by nearly 200 points and Nifty 50 slipping nearly 50 points in the opening bell. Sensex was pushed off the cliff to the point it was even below 62,300-level. Nifty 50 has even erased 18,500-mark so far today. A broad-based selloff was recorded in the sectoral indices with metal, IT, banking stocks being the worst hit.
- The domestic equities tracked weak global cues. Investors globally continued to monitor the developments surrounding the Covid variant in China. Further, the volatility may continue for today ahead of Fed Chief's speech on Wednesday which will decide the momentum of markets. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:38 AM
Latest News and Updates
- Early on Monday, oil futures slid more than $1 as investors remained cautious ahead of an agreement on a Western price ceiling on Russian oil and an OPEC+ summit. Protests in the top importer China over harsh COVID-19 curbs fuelled demand worries.
- Brent crude's price fell $1.01 or 1.2% to $82.62 per barrel. West Texas Intermediate (WTI) crude for the United States fell $1.09 or 1.4% to $75.19.
- Both benchmarks have experienced weekly drops for the last three weeks after last week's 10-month lows. WTI lost 4.7%, while Brent concluded the most recent week down 4.6%. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:37 AM
Latest News and Updates
- TIL Limited decided at its Board Meeting on November 26, 2022, to increase the authorised capital to infuse funds into the company's business by bringing in a strategic investor, subject to shareholder and other requisite approvals.
- Indocrest Defence Solutions Private Limited, a subsidiary of the Gainwell Group led by Sunil Kumar Chaturvedi, will contribute capital.
- "Gainwell's experience and expertise in selling and servicing infra equipment bode well for TIL, and it naturally has the right strategic synergy with TIL's current product line, as well as the best sectoral and customer fit. We are happy to transfer complete management control of TIL to Indocrest Defence Solutions Pvt Ltd and the Gainwell Group, subject to the necessary approvals," commented Sumit Mazumder, Chairman & Managing Director, TIL. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:37 AM
Latest News and Updates
- Gold rates slightly went up in Monday's early trade, with ten grams of the yellow metal (24-carat) selling at Rs 52,980, after an increase of Rs 10. Meanwhile, silver prices remained unchanged today, trading at Rs 61,800 per kg.
- Price of 24-carat and 22-carat Gold:
- Mumbai, Kolkata, and Hyderabad: ten grams of gold are selling at Rs 52,980 and Rs 48,560.
- Delhi: Gold is trading at Rs 53,140, and Rs 48,710
- Chennai: 10 grams of gold are trading at Rs 53,740 and Rs 49,260 Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:32 AM
Latest News and Updates
- Ahead of its Initial Public Offering (IPO), Dharmaj Crop Guard Limited has mobilized Rs 74.95 crore via anchor book on November 25th. As per the BSE filing, the company has finalized allocation of 31.62 lakh equity shares to anchor investors, at Rs 237 per share.
- Three investors, Elara India Opportunities Fund, Rajasthan Global Securities and Resonance Opportunities Fund, invested in the company through the anchor book. Elara India Opportunities Fund bought shares worth Rs 34.94 crore, Rajasthan Global Securities purchased Rs 25 crore shares, and Resonance Opportunities Fund Rs 15 crore shares. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:24 AM
Latest News and Updates
- HFCL Limited informed that it has received a contract aggregating to Rs1,770 crore from SWSM for providing EPC Services. The contract includes provisions for laying optical fibre cables in the Varanasi Revenue Division of the state of Uttar Pradesh for the execution of the Rural Water Supply Network.
- The company stated that this will add significantly to its revenue and profitability. The optical fibre cables that are to be laid will also improve network operation and maintenance.
- The contract value for materials and services is Rs1,414 crore, and the contract value for operation and maintenance services is Rs356 crore. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:19 AM
Latest News and Updates
- Max Financial Services Limited (MFSL) announced that it has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to acquire the remaining 5.17% stake in Max Life Insurance Company Limited held by Mitsui Sumitomo Company Limited (MSI).
- This transaction involves the purchase of 9.91 crore shares of Max Life by MFSL, Max Life's parent company, at Rs85 per share under the Put/Call option approved by the MFSL Board on March 3, 2020, and subsequently by its shareholders on 27 May 2020.
- Previously, MFSL owned a 72.52% stake in Max Life, while MSI owned a 25.48% stake. In December 2020, MFSL exchanged 20.57% of Max Life's paid-up equity share capital held by MSI for 21.87% of MFSL's issued and paid-up share capital. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:18 AM
Latest News and Updates
- JK Cement Limited has informed to the exchanges regarding commencement of commercial productions of the wholly-owned subsidairy.
- As per the regulatory filing, Jaykaycem (Central) Limited, the wholly owned subsidiary of JK Cement Limited has successfully commenced Cement Grinding capacity of 2 MnTPA today i.e. November 25, 2022 at its newly set up cement manufacturing facilities situated at Vill: Ingotha, Hamirpur, Uttar Pradesh. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:18 AM
Latest News and Updates
- The Singapore Exchange's Nifty futures traded 25 points, or 0.13%, lower at 18,636, indicating that the stock markets may have a bad start to the week. The following 10 stocks may show price movement today. To check more hot stocks, click at :https://www.indiainfoline.com/markets/hot-stocks
- Bajaj Finance:
- In order to purchase up to a 40% stake in Snapwork Technologies through primary and secondary transactions for Rs93 crore, the top NBFC has signed a share purchase agreement.
- Hero MotoCorp:
- The biggest two-wheeler manufacturer in the nation announced that starting on December 1, it will raise the pricing of its motorbikes and scooters by up to Rs1,500. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:17 AM
Latest News and Updates
- Arvind Ltd has incorporated Arvind Technical Products Private Limited, wholly owned subsidiary on November 25, 2022.
- According to the filing, Arvind Technical Products Private Limited shall carry on the business of manufacturing and marketing of textile products.
- "The wholly owned subsidiary has been incorporated to meet the prerequisite for participation in Production Linked Incentive (PLI) scheme for textiles", the company said. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:16 AM
Latest News and Updates
- CreditAccess Grameen Limited has announced the successful completion of its maiden public issue of secured, redeemable Non-Convertible Debentures (NCDs), raising Rs500 crore on the back of overwhelming response from all investor categories.
- The NCDs have been listed and have commenced trading on the Bombay Stock Exchange Ltd (BSE) and NSE beginning on November 25, 2022.
- The NCD Tranche I Issue had a base issue size of Rs250 crore with an option to retain oversubscription up to Rs250 crore aggregating up to Rs500 crore, which is within the shelf limit of Rs1,500 crore. The NCDs have been rated IND AA-/Stable by India Ratings and Research Private Limited. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:16 AM
Latest News and Updates
- Waaree Renewable Technologies Limited (Formerly known as Sangam Renewables Limited) has informed to the exchanges regarding receipt of Letter of Award.
- As per the filing, the comany has received a Letter of Award (LoA) on November 25, 2022 from one of the reputed steal industry player for executing Engineering, Procurement, and Construction (EPC) works in respect of solar power project with a capacity of 52.5 MWp DC along with provision of land, infrastructure and approvals for 70 MWp DC.
- Customer will issue PO pursuant to LoA, the company informed in a filing. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:16 AM
Latest News and Updates
- The United States Food and Drug Administration (USFDA) has tentatively approved Zydus Lifesciences Limited's (formerly known as Cadila Healthcare Limited) U.S. subsidiary Zydus Pharmaceuticals (USA) Inc. to market Levothyroxine Sodium injection, 100 mcg/vial, 200 mcg/vial, and 500 mcg/vial.
- The levothyroxine sodium injection is used to treat myxedema coma. The drug will be manufactured at the group's injectable manufacturing facility in Jarod, India, near Vadodara.
- According to IQVIA data for the month of September 2022, the annual sales of levothyroxine sodium injection in the United States were USD 45.2 million. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
9:15 AM
Latest News and Updates
- Hero MotoCorp has made an announcement for the customers that it will make an upward revision in the ex-showroom prices of its motorcycles and scooters, effective from December 1, 2022.
- Accordingly, the price increase will be up to Rs1500 and the exact quantum of increase will vary by specific models and markets, the company said. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:52 AM
Latest News and Updates
- Indian equity markets may start the day in green today. Foreign Investors may provide buying support today. Friday saw some profit booking. This may be followed by some buying today. Asian markets have opened mostly in the red today. Protests have broken across China against Covid lockdowns. Any disruption in China diverts more foreign funds to Indian equity markets.
- US markets ended Friday's curtailed session, with Dow Jones gaining 150 points. Nasdaq saw profit booking. It closed, down by 58 points. Bond yields closed near 3.66%. Oil fell another 3%. WTI crude is now at around $74 per barrel. US dollar index remained near 106.5, even as markets price in a 50 basis points hike in December.
- Asian markets have opened weakly today. Almost all indices are trading in the red as Chinese unrest over Covid policy and upset in Taiwan local elections are seeing the markets react. Hang Seng index is down by over 4% . Taiwan index is down by 1.5%. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:41 AM
Latest News and Updates
- Indus Towers Limited has informed to the exchanges regarding outcome of meeting of the Board constituted Committee of Directors for Fund raising.
- The Committee of Directors of Indus Towers Limited for Fund raising in its meeting held on November 25, 2022, has, approved the offering of Non-Convertible Debentures ('NCD's) of total up to Rs1,500 crore (Base issue size of Rs1,000 crore and Green Shoe option of up to an additional Rs500 Crore) in three series, on private placement basis. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
8:23 AM
Latest News and Updates
- The ninth public issue of November 2022, Dharmaj Crop Guard IPO will be launching on November 28th. The company is selling its shares at the price band of Rs 216-237 per share. Investors can bid for a minimum of 60 shares and in multiples of 60 shares thereafter. 50% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors and the remaining 35% for retail investors.
- The issue consists a fresh issue of shares worth Rs 216 crore and a sale of 14.83 lakh shares by promoters. The company has also reserved 55,000 equity shares for its employees who will get the shares at a discount of Rs 10 apiece to the final offer price.
- Dharmaj Crop Guard is using the net proceeds from the IPO for setting up a manufacturing facility at Saykha in Gujarat and to meet working capital requirements and for general corporate purposes. Read More
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
7:07 AM
Latest News and Updates
- The brand-new Innova Hybrid will be launched in India in January 2023. The Toyota Innova Hybrid, which has a monocoque design, weighs about 200 kg less than the Innova Crysta.
- he MPV is now available for reservation at all the company-approved dealerships, and sales in the Indian market will begin in January 2023. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
7:02 AM
Latest News and Updates
- Godrej Properties aims to generate Rs 8,000 crore in sales income from its upcoming launch of a premium housing project at Ashok Vihar in the national capital in the March quarter.
- To build a luxury housing project, it purchased a nearly 27-acre plot of land in the national capital in February 2020 for Rs 1,359 crore. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
6:58 AM
Latest News and Updates
- Paytm, a leading provider of financial services and digital payments in India provided an update to the exchanges regarding its 100% subsidiary, Paytm Payments Services Limited (PPSL).
- The company received a letter from the RBI in response to PPSL's application for authorization to provide payment aggregator services ("PA application") for online merchants.
- Now, the business has 120 calendar days to reapply for the payment aggregator services. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
6:53 AM
Latest News and Updates
- VA Tech Wabag, a water technology company, has inked a deal with the Asian Development Bank (ADB) to finance Rs200 crore through unlisted non-convertible debentures (NCDs) of 5-year and 3-month maturity.
- ADB will subscribe to this NCD over a year, according to a statement from Wabag. Read more
SENSEX
37,055.00-2.234 (0.45%)
37,055.00-2.234 (0.45%)
6:46 AM
Latest News and Updates
- Arvind Agarwal is the new chief financial officer at PayU India, which is owned by Prosus, days after the beauty e-retailer Nykaa announced his resignation.
- PayU India released a statement to confirm the situation: "PayU's biggest market is India, where the company is seeing unparalleled growth." Arvind's addition to our leadership team comes at a perfect time as the business embarks on a new phase of expansion. Read more
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