Category: Cryptocurrency

Target: ₹890 CMP: ₹734.70 Vedant Fashions Ltd (VFL) is a leading player in India’s celebration wear market, anchored by flagship brand Manyavar. Through its five brands — Manyavar, Mohey, Twamev, Manthan and Mebaz — the company offers ethnic wear for men, women and children. VFL operates 662 exclusive brand outlets (EBOs) across India and 16 […]

Share prices of Kotak Mahindra Bank Ltd., Larsen & Toubro Ltd. (L&T), Mahindra & Mahindra Ltd. (M&M), Maruti Suzuki India Ltd. and Bharti Airtel Ltd. emerged as the top gainers on Tuesday. On the losing side were Asian Paints Ltd., Bajaj Finance Ltd. and Hindustan Unilever Ltd. (HUL). Benchmark indices posted strong gains, with the […]

A U.S. federal judge’s decision to let Alphabet retain control of Chrome and Android boosted confidence in its core dominance | Photo Credit: REUTERS/Carlos Barria Google-parent Alphabet hit a market capitalization of $3 trillion for the first time on Monday, riding on renewed optimism around artificial intelligence and a favourable antitrust ruling. Class A shares […]

Markets traded with mild losses on Monday afternoon as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision expected later this week. The Sensex declined 0.16 per cent to ₹81,775.74, while the Nifty 50 shed 0.14 per cent to 25,078.80 as of 1.45 pm. The benchmark indices opened higher but lost momentum […]

 Also, SEBI plans to establish local offices in major cities such as Chandigarh, Jaipur, Lucknow, Guwahati, Bhubaneswar, Vijayawada, Hyderabad, and Bengaluru to enhance regulatory reach, investor engagement, and monitoring of unregulated activities, with further expansion planned in subsequent phases. | Photo Credit: To strengthen governance at market infrastructure institutions (MIIs), while ensuring that they prioritise […]

Over a dozen companies are gearing up to launch their IPOs over the next two to three weeks, aiming to raise nearly ₹10,000 crore, buoyed by supportive policy measures, including GST 2.0 reforms, and the RBI’s monetary policy easing through rate cuts. Among the firms preparing to tap the primary markets are iValue Infosolutions, Saatvik […]

The Reserve Bank of India (RBI) has accorded its approval to ICICI Bank for purchase of additional shareholding of up to 2 per cent in its subsidiary, ICICI Prudential Asset Management Company. This is to maintain its majority shareholding, subject to compliance with applicable regulations, ICICI Bank said in a regulatory filing on Friday. In […]

Fairfax India Holdings Corporation on Friday said its wholly owned subsidiary — FIH Mauritius Investments Ltd — has sold 51 per cent of its stake in Saurashtra Freight Pvt Ltd for ₹662 crore to Japan’s logistic company Kamigumi Co. Ltd. Mumbai-based Saurashtra Freight Pvt Ltd owns one of the largest container freight stations at Mundra […]

Apollo also announced on Friday its plans to set up a 100-bed Comprehensive Oncology Centre at Gurugram | Photo Credit: MOORTHY M The Board of Apollo Hospitals on Friday approved the execution of a share purchase agreements to acquire 30.58 per cent equity stake held jointly by the International Finance Corporation, Washington (IFC) and IFC […]

Regis Industries shares traded at ₹4.22 on the BSE, down 6.22% at 3.12 p.m., after hitting a 52-week low of ₹4.01. Shares of Regis Industries Ltd witnessed selling pressure, hitting a 52-week low on the BSE, as it traded ex-bonus following the company’s recent announcement of a bonus share issue. The company had declared a […]

Previous buybacks ranged between ₹8,260 crore and ₹13,000 crore. Infosys reported a free cash flow of $884 million (₹7,805 crore) in the June 2025 quarter. | Photo Credit: IT services giant Infosys on Thursday said its board has approved the company’s largest-ever share buyback program worth Rs 18,000 crore. Infosys will buy 10 crore fully […]

Market breadth remained positive with 2,098 stocks advancing against 1,934 declining stocks on the BSE, while 184 remained unchanged.  Markets maintained their positive trajectory in afternoon trading on Wednesday, with both benchmark indices building on modest morning gains as banking and financial stocks provided support ahead of the Federal Reserve’s policy decision next week. […]

SEBI has also mandated that angel funds declare their first close within 12 months of regulatory approval, with at least five accredited investors onboard | Photo Credit: ABEER KHAN The Securities and Exchange Board of India (SEBI) has overhauled the regulatory framework for angel funds, tightening fundraising norms aimed at enhancing risk reduction and improving […]

The Nifty Auto index has climbed 12% as the GST reforms triggered investor optimism that lower taxes will spur demand and improve profitability across the sector.  The GST 2.0 has emerged as a major sentiment booster for the auto sector, with sweeping tax cuts on small cars, SUVs, two-wheelers, tractors and auto components directly translating […]

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 Credit: Ildo Frazao Capital markets regulator SEBI has cleared two initial public offerings to cumulatively raise over ₹790 crore. Prozeal Green […]

Domestic market sustained positive momentum on Tuesday’s mid-trading session, driven by global cues and domestic optimism. Sensex climbing over 370 pts to 81,100 level and the Nifty 50 held firm above 24,850. Sensex traded 284.12 pts or 0.35 per cent higher at 81,071.42 as at 1.15 pm, hitting an intraday high of 81,162.07. Nifty 50 […]

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 post-buyback disclosure The board of IT major Infosys is set to consider a proposal for a buyback of fully paid-up equity […]

Domestic benchmark indices Sensex and Nifty 50 gained on the back of GST relief measures and hopes of a US Federal Reserve rate cut. After rising above 390 pts, Sensex traded 361.83 pts or 0.45 per cent higher at 81,072.59 as at 12.58 pm. Nifty 50 increased by 116.75 pts or 0.47 per cent to […]

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 and weak global cues. The Sensex settled at 80,710.76, down 7.25 points or 0.01 per cent, after touching a high of […]

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 an initial public offering (IPO) for expansion and growth initiatives. The proposed IPO comprises a fresh issue of equity shares worth […]

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 SUV, Victoris. The stock gained ₹233 from the previous close of ₹14,662, with trading volumes reaching 4.74 lakh shares worth ₹702.61 […]

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 the SME sector. Key takeaways: KVB posted healthy gross credit growth of about 15 per cent y-o-y/6 per cent q-o-q, mainly […]

Shares of Ola Electric Mobility tanked 8 per cent on Friday after SoftBank offloaded a 2.15 per cent stake in the company through open market transactions. Post the sale, the shareholding stood at 15.68 per cent. Regulatory filing showed that SoftBank’s arm SCF II Ostrickh (DE) LLC disposed 94.9 million shares between July and September […]

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 NSE and ending over 5 per cent lower at ₹21.75. Shareholders of Sterlite Technologies had received one share of STL […]

Target: ₹1,400 CMP: ₹1,106.95 Nazara Technologies is well-positioned to benefit from the rapidly-expanding global and India gaming markets. India, despite being the second-largest (500Mn+) gamers’ base, remains under-monetised; In-App Purchases (IAP) conversion being less than 3 per cent and Average Revenue Per User (ARPU) of $8–9 as compared with $17–18 in China. These offer significant […]

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 equity shares in a price band of ₹162 – ₹171 per share. The net proceeds from the IPO will be used […]

Target: ₹1,670 CMP: ₹1,397.15 ICICI Bank’s (ICICIBC) FY25 annual report emphasises the progress that the bank has made in building a resilient franchise to deliver sustained profitable growth. The bank has strengthened its branch network and credit models to cater to businesses and self-employed customers. The bank continues to focus on high-yielding segments, supported by […]

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 ₹770-crore preferential share issue to fund its entry into the equity segment. 60 investors In total, more than 60 investors are […]

Honasa Consumer Ltd shares traded at ₹297.60, down 0.52 per cent from the previous close of ₹299.15, on Tuesday afternoon on the NSE. The stock opened at ₹299.50, hit an intraday high of ₹302.95 and a low of ₹296.55. Over 2.07 lakh shares changed hands, with a turnover of ₹6.21 crore, giving the company a […]

Emkay Global

Shares of Bajaj Auto on Monday jumped 4 per cent after the firm reported a 5 per cent year-on-year growth in total vehicle wholesales in August. The stock climbed 3.84 per cent to settle at ₹8,961.95 on the BSE. During the day, it surged 4.72 per cent to ₹9,038. At the NSE, the stock jumped […]

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 in equities. Last week, the BSE benchmark dropped 1,497.2 points, or 1.84 per cent. From the top-10 pack, Reliance Industries, HDFC […]

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 valuations. The withdrawal was nearly double the ₹17,741 crore outflow recorded in July. With this, the total outflow by Foreign Portfolio […]

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 at ₹450. Currently at ₹376, it is trading within the support band of ₹370-380. However, the selling pressure is strong and the […]

India’s IPO market witnessed one of its busiest months in August 2025, as 43 companies raised ₹17,252 crore across the mainboard and SME exchanges despite global trade wars and geopolitical uncertainties. I | Photo Credit: Notwithstanding the trade war with the US and geopolitical tensions, August turned out to be one of the busiest months […]

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 per cent ), service business starting to see green shoots with efforts on AMC unit sales and improving customer experience yielding […]

Shri R. Doraiswamy, CEO & MD, LIC of India hands over the dividend cheque to Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs Life Insurance Corporation of India handed over a dividend cheque of ₹7,324.34 crore to the Government of India on Thursday, representing the Centre’s share of profits approved by shareholders at […]

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 cent, which significantly dampened market sentiment across all major indices. The Sensex plummeted 705.97 points or 0.87 per cent to […]

Target: ₹1,570 CMP: ₹1,387.65 The FY25 annual report of Reliance Industries (RIL) highlights some interesting data points: No let-up in capex intensity, despite expectation of some moderation (cash capex of ₹1.4 lakh crore in FY25, marginal ₹10,000 crore reduction year on year; net debt (including spectrum and other deferred payment liabilities) remained flattish at ₹3.03 […]

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. | Photo Credit: designer491 Future Consumer Ltd, the FMCG company owned by debt-ridden Future Group, faces an insolvency plea filed before […]

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, while the NSE Nifty 50 lost 1.02 per cent to 24,712.05 on Tuesday, both posting their worst session in three months […]

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 crore as per the offer price of ₹5,808 per share. The offer price is at a discount of 4 per cent […]

Waaree Energies Ltd has secured a 452MW solar module supply contract in the United States through its wholly owned subsidiary Waaree Solar Americas. The Indian clean energy company will deliver the modules to an American utility-scale solar and energy storage project developer across fiscal years 2026-27. The agreement represents a significant expansion of Waaree’s North […]

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 markets continues to tilt toward domestic investors, with the promoter ownership in listed companies sliding to fresh lows while retail and […]

Amanta Healthcare, a Gujarat-based pharmaceutical company engaged in sterile liquid manufacturing, is launching a ₹126 crore IPO with shares priced at ₹120–₹126 each. | Photo Credit: iStockphoto Amanta Healthcare, a pharmaceutical company engaged in sterile liquid product manufacturing, plans to raise ₹126 crore through initial public offering. The shares will be listed on the main […]

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, Japan and China (about 35 per cent of topline); successful integration of recent acquisitions, SOP for consumer electronics and Aerospace ramp […]

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 24,870.10. The sharp selloff came as investors turned cautious ahead of US Federal Reserve Chair Jerome Powell’s crucial speech at the […]

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 (AUM) have grown from ₹2.8 lakh crore in 2024 to ₹3.32 lakh crore in 2025, reflecting a year-on-year growth of over […]

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 a review of the block deal framework, including widening the reference price range for non-F&O stocks and increasing the minimum order […]

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 India (SEBI) has proposed a revised framework for its Closing Auction Session (CAS) in the equity cash market, including the timing, […]

WestBridge Capital, a $7-billion global investment firm with primary focus in India and the US, has acquired 15 per cent stake in Edelweiss Asset Management for ₹450 crore. The deal provides WestBridge a strategic entry into a high-growth MF business with scale potential. As of June-end, Edelweiss MF has a total AUM of ₹1.52 lakh […]

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 such as extending the tenure and maturity profile of equity derivatives contracts in a “calibrated” manner to check excessive speculation, reduce […]

Stock markets extended their winning run to the sixth consecutive day on Thursday, with benchmark Sensex closing higher by nearly 143 points on buying in blue-chip shares ICICI Bank and Reliance Industries. The 30-share BSE Sensex climbed 142.87 points or 0.17 per cent to settle at 82,000.71 in restricted trade. During the day, it rallied […]

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 ₹820 crore through a bond issue. The board of Cube InvIT has approved allotment of 82,000 non-convertible debentures with a face […]

Markets sustained their upward trajectory in Wednesday’s midday session, with the Sensex climbing 259.47 points to 81,903.86 and the Nifty advancing 79.70 points to 25,060.35, marking gains of 0.32 per cent each. The Nifty breached the key 25,000 resistance level that had capped gains in recent sessions. Technology stocks emerged as the primary drivers of […]

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 Share India Securities (SIS) on Tuesday approved an investment of up to ₹28 crore in National Commodity & Derivatives Exchange Ltd […]

The investment aims to meet RSSL’s operational and capital expenditure requirements while enabling the subsidiary to pursue growth opportunities Rane Holdings Ltd has injected ₹50 crore into its wholly owned subsidiary Rane Steering Systems Private Ltd (RSSL) through a rights issue of equity shares completed on August 19, 2025. RSSL allotted 20 lakh equity shares […]

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 | Photo Credit: FRANCIS MASCARENHAS The Securities and Exchange Board of India (SEBI) has proposed to adjust constituent weights in existing […]

JSW Cement shares recovered sharply on Monday, trading at ₹150.01 as of 2.40 pm, up 2.7 per cent from the previous close of ₹146.07. The stock reached its 52-week low of ₹143.95 in early trading, before staging a recovery. The newly-listed cement company opened at ₹148 and touched a high of ₹151.68 during the session. […]

XED Executive Development Ltd offers executive education programmes targeting senior working professionals | Photo Credit: Ildo Frazao The process of direct listing of equities has begun in GIFT IFSC, with Mumbai-based “global executive education” provider XED Executive Development Ltd filing the first Draft Red Herring Prospectus (DRHP) with both NSE-IX and India INX — the two international stock […]

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 company on the Indian bourses JSW Cement Limited made its stock market debut today, listing at ₹153.50 on NSE and ₹153.00 […]

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 NSE today at the closing bell at ₹589, down by 17.60 or 2.90 per cent. Genesys International Corporation Limited reported a […]

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 signs as to how the outcome will shape the future direction of markets.  In the run-up to the talks, investors have […]

 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 Nifty-500 saw marginal movements. | Photo Credit: iStockphoto Thanks to global economic uncertainty, gold and silver have outshined returns from the […]

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 six-week losing streak on Thursday, with the Nifty 50 gaining 11.95 points or 0.05 per cent to close at 24,631.30 and […]

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. The company’s total income rose to ₹4,813.69 lakh from ₹3,738.41 lakh year-on-year. Interest income, the company’s primary revenue source, grew to […]

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 of shares — will open for public subscription on August 20 and conclude on August 22, the company announced. Proceeds from […]

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 of shares — will open for public subscription on August 20 and conclude on August 22, the company announced. Proceeds from […]

Sensex, Nifty, Share Price LIVE:

PolicyBazaar and Ixigo generated consistent alpha, supported by strong fundamentals Nearly 36 per cent of new-age IPOs between May 2020 and June 2025 have managed to outperform the broader market in the long run, according to a whitepaper by Client Associates. The study, “The New-Age IPO Performance Analysis,” reviewed 25 tech-led companies across fintech, logistics, […]

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, including simplifying draft offer documents, easing compliance for foreign portfolio investors (FPIs) and expanding investment options under Specialised Investment Funds (SIFs) […]

The Nifty Bank index lost 0.84% and Nifty Financial Services fell 1.02%, reversing Monday’s gains. Auto and IT stocks provided support, with Tech Mahindra, Maruti Suzuki, Hero MotoCorp, M&M, and NTPC among the top gainers | Photo Credit: iStockphoto Benchmark indices closed in negative territory on Tuesday despite a strong opening, with banking heavyweights HDFC […]

Shares of Kalyan Jewellers fell nearly 13 per cent, nearing its lower circuit, after a positive opening in today’s trading session. The jewellery retailer, on Thursday, reported a 49 per cent growth in consolidated profit after tax (PAT) to ₹264.08 crore for the quarter ended June 2025, compared to ₹177.56 crore in the corresponding period […]

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 marked a milestone year for VA Tech Wabag, with the company delivering its highest-ever order book, revenue, EBITDA, and PAT. Strong […]

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 FY26. It reported a profit of ₹166 crore in same quarter previous year. Revenue from operations soared 16.5 per cent to […]

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 Prestige Estates Projects, Anand Rathi Share and Stock Brokers, Epack Prefab Technologies and Gujarat Kidney and Super Speciality have received final […]

Markets opened on a cautious note Wednesday morning as renewed trade tensions from President Donald Trump’s tariff threats combined with anticipation of the Reserve Bank of India’s monetary policy committee meeting created a subdued trading environment. The benchmark Sensex opened at 80,694.98, slightly below its previous close of 80,710.25, and was trading at 80,653.66 at […]

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 management earlier. Top-line growth was largely driven by Human Nutrition segment wherein the largest product Serratiopeptidase (Sera) grew by 49/38 per […]

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 September. Markets opened on a weak note Tuesday morning, with the Sensex opening at 80,946.43, slightly below its previous close of […]

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 and a turnover-based framework to determine materiality. For entities with turnover up to ₹20,000 crore, a transaction will be considered material […]

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 on August 7 and conclude on August 11, the company announced. At the upper-end of the price band, the company is […]

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 price action shows that the bulls have been gaining strength. Until the support at ₹1,730 holds, the stock will retain 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 the latter will change the outlook positive for NTPC. We expect the stock to move between ₹300 and ₹370 in the near term. F&O […]

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 Nifty futures (Aug) (24,627) dropped 1.3 per cent last week and at the same time, there was an increase in the […]

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 over economic momentum. | Photo Credit: JEENAH MOON/Reuters U.S. stocks slumped on Friday, and the S&P suffered its biggest daily percentage […]

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 of facts and conclusions of law,” could help the country’s largest stock exchange move closer to reviving its long-pending IPO plans. […]

Markets opened on a weak note Friday morning, with the Sensex opening at 81,074.41, lower than its previous close of 81,185.58, and slipping further to 81,009.22 at 9.45 am, down 176.36 points or 0.22 per cent. The Nifty 50 also opened at 24,734.90 compared to its previous close of 24,768.35, and declined to 24,705.15 at […]

The IPO also assumes greater significance as its monetisation will be used to part fund Tata Motors’ recent acquisition of Italy’s Iveco Group, giving it significant presence in Europe’s commercial vehicles market.  Tata Capital’s initial public offer has received regulatory approval, and the final updated prospectus is likely to be filed as early as next […]

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 session. | Photo Credit: iStockphoto Indian stock markets opened sharply lower on Thursday, witnessing a major sell-off after US President Donald […]

| 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 cent. PAT adjusted for regulatory deferral movement stood at ₹4,101 crore. However, the consolidated revenue and EBITDA missed our and consensus […]

Nine investors will subscribe through equity shares contributing ₹549 crore, while 35 investors will participate through warrants raising ₹1,747 crore. The shares of Tilaknagar Industries Limited were trading at ₹486.85 down by ₹23.20 or 4.55 per cent on the NSE at 10.05 am. The shares touched their 52-week high yesterday, July 29. Tilaknagar Industries Limited […]

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 on its offer to settle long pending cases that could clear the path for its much delayed initial public offering. The […]

Q1FY26 EARNING CALENDAR 29.07.2025 ABDL, AMBER, APARINDS, ARVIND, ASIANPAINT, ASKAUTOLTD, BANKINDIA, BLISSGVS, BLUEDART, COCKERILL, CRAFTSMAN, DBL, DEEPAKFERT, DPABHUSHAN, ELECTHERM, FOSECOIND, GABRIEL, GALLANTT, GATEWAY, GMRAIRPORT, GREENPLY, GVTD, HAPPSTMNDS, HEIDELBERG, HIRECT, IFBIND, IGIL, JAGRAN, JKIL, JUBLPHARMA, KOLTEPATIL, LLOYDSENGG, LT, MASTERTR, NIACL, NILKAMAL, NORTHARC, NOVARTIND, NTPC, PEL, QUADFUTURE, RADHIKAJWE, SIYSIL, SJS, STAR, STARHEALTH, TIMEX, TRIVENI, VBL, VGUARD, VOLTAMP, […]

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 has sought an extension from the Securities and Exchange Board of India to respond to its interim order issued on July […]

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, the US Fed interest rate decision and foreign investors trading activity driving investors’ sentiment, analysts said. Macroeconomic data announcements, monthly auto […]

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 through preferential equity issuance to promoters, subject to shareholder approval. The Mumbai-based NBFC’s net interest income grew 13.6 per cent year-on-year […]

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, the proposed IPO combines a fresh issue of equity shares aggregating up to ₹1,020 crore with an offer for sale (OFS) […]

(From left) Sameer Patil, Chief Business Officer; Jigar Shah, Chief Financial Officer; Vijay Chandok, Managing Director & Chief Executive Officer; Prashant Vagal, Chief Operating Officer; and Kothandaraman Prabhakaran, Chief Technology Officer, National Securities Depository Ltd at a conference Ahead of the upcoming ₹4,000 crore public offer, the National Securities Depository Ltd (NSDL) plans to focus on […]

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 offerings of GNG Electronics and Indiqube Spaces closed today on strong note especially the former generating a whopping subscription of nearly […]

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 Credit: ktasimarr 1 Results Today Live Updates July 25, 2025: Find all the latest updates related to the Q1FY26 results of […]

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 global cues. The Sensex plunged 542.47 points or 0.66 per cent to close at 82,184.17, while the Nifty fell 157.80 […]

Q1 Results Today Live Updates July 24, 2025: Find all the latest updates related to the Q1FY26 results here

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 Fund. Exchange filing showed that Invesco sold around 1.1 crore shares of Oberoi Realty or 3 per cent of its equity […]

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 Credit: ktasimarr 1 results today live updates July 23 2025: Follow the Q1FY26 results of 52 companies like Infosys, TATA Consumer […]

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 market slipped into weakness in the early part of the session. It later shifted into a choppy movement with weak bias […]

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 related to the Q1FY26 results of Indian Railway Finance Corporation, Dixon Technologies, JSW Infrastructure, Colgate Palmolive (India), One 97 Communications / […]

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 State Bank of India (SBI) has raised ₹25,000 crore via qualified institutions placement (QIP) of equity shares at an issue price […]

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 issue on Tuesday, they said. Aditya Birla Capital did not reply to a Reuters email seeking comment. Here is the list […]

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 (IPO), has posted a net loss of ₹139.61 crore during the last fiscal on higher expenses. The net loss of Indiqube […]

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 painted a flattering picture of the country for its stability and diversification benefits. “While we anticipate a modest depreciation of the […]

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 markets regulator SEBI to raise funds through an initial public offering (IPO). In a public announcement on Saturday, AceVector stated that […]

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 issue for up to ₹400 crore at a price of ₹230 per share including a face value of ₹10 and a premium […]

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 residual portion in other asset classes such as debt, gold, silver, REITs and InvITs. Residual portion refers to the remaining part […]

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 Today Live Updates July 18, 2025: Find all the latest updates related to the Q1FY26 results of Reliance Industries, JSW Steel, […]

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 expansion would strengthen its US presence, enhance service for existing clients and unlock new growth opportunities. While volume growth is expected […]

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 Credit: ktasimarr 1 Results Today Live Updates July 17, 2025: Find all the latest updates related to the Q1 FY26 results […]

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 excessive speculation in the equity derivatives market. Total consolidated revenue fell to ₹1,141 crore (₹1,405 crore), down over 18 per cent. […]

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 Today Live Updates July 16, 2025: Find all the latest updates related to Q1 results of Tech Mahindra, ITC Hotels,L&T Technology […]

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 simplification and expanding multi-tower relationships with cross-selling/up-selling in potential growth accounts. Consistent execution of this framework, coupled with initial traction in […]

The equity benchmarks are likely to open marginally higher on Tuesday, tracking gains in Asian peers and a sharper-than-expected drop in domestic inflation to a more than six-year low. The Gift Nifty futures were trading at 25,167 points as of 7:51 a.m. IST, indicating that the Nifty 50 will open above Monday’s close of 25,082.3. […]

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 lack of short selling in Indian markets is causing potential market distortions and unless shorting of stock is made easy in […]

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 filing by the company. Kemp & Co, DGP Securities, Piramal Vibhuti Investments, Alcon Finance and Kiddy Plast, forming part of the […]

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 crore in the previous fiscal year. The solar pump manufacturer announced its annual results on July 10, 2025. The company’s […]

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 earnings from IT major Tata Consultancy Services (TCS) and mounting concerns over US tariff policies dampened investor sentiment. The session began […]

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, fueling concerns that the Securities and Exchange Board of India may impose tighter curbs. Just days earlier, the regulator barred Jane […]

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 owing to the tough demand environment across verticals. With poor revenue performance, EBIT margin was also down to 18.2 per cent […]

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 and stock brokers alike — tightening free usage limits, making order-heavy strategies costlier and increasing margin pressures, said industry experts. Under […]

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 sluggish and indecisive market trend. Indian benchmark indices, the Sensex and Nifty, are expected to open marginally weak on Friday, amid […]

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 Q4-FY25 from ₹1,182 crore a year before. PVC resin volumes nosedived too: 56,018 tonnes vs 69,215 tonnes. With poor volume offtake, […]

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 in the GIFT Nifty. The lack of triggers kept marketmen on edge. While investors anxiously await the US-India deal, the focus […]

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 KAMANI The Securities and Exchange Board of India (SEBI), along with market infrastructure institutions (MIIs), is developing a centralised online portal […]

India’s steady rise reflects increasing investor confidence and stock market resilience, especially when compared to its 15-year average of 2.8%.  India’s share in the global market capitalisation rose to 4 per cent in June 2025, recovering from a 16-month low of 3.6 per cent in February 2025, according to a report by Motilal Oswal Financial […]

Focus on jar, Man from behind placing coins inside the jar – Concept of monthly SIP or systematic investment plan. | Photo Credit: lakshmiprasad S Shantabai More, a housemaid, was happy when her employer opened two SIPs of ₹250 each as an incentive. However, she was concerned seeing her savings swinging from profit to loss […]

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 Food Services received bids for 13.90 lakh shares against 1.34 crore shares on offer. The IPO, which is entirely an offer […]

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, pressure on margins and elevated provisioning will continue to suppress near-term earnings. The continued unwind and ongoing challenges in the […]

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 1,045-1,100 per share and will close on July 9. Investors can bid for a minimum of 13 equity shares and multiples […]

 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 of options trading volumes, scale back their participation in the market. This development could have negative implications for both exchanges and […]

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 to ensure they use only BIS-certified helmets. It has also called for strict enforcement and action against the manufacture or sale […]

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 in the company’s shares will resume on July 14. Brightcom Group has affirmed that it diligently complied with all necessary regulatory […]

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 Indian markets earlier on Friday. The Securities and Exchange Board of India (SEBI) barred Jane Street from buying and selling […]

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 issue of Crizac was subscribed 59.82 times as all category of investors shown keen interest. The initial public offering of Crizac, […]

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 Street from accessing the nation’s securities market, after an investigation into alleged market manipulation. The Securities and Exchange Board of India […]

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. The visit concluded with an engaging interaction with the CFO, Sandeep Modi, offering valuable insights into the company’s strategy and outlook.  […]

Domestic markets are likely to see profit-taking and remain in consolidation mode. Analysts expect another lacklustre day ahead of Q1 results from India Inc that will kick in from next week. Gift Nifty at 25,585 signals, that the market may open in the negative zone.  The market remains in a wait-and-watch mode, with key events […]

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 confidential draft red herring prospectus (CDRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). […]

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 to begin from next week, experts said traders will keep their positions light. Meanwhile, global cues will set the direction, they […]

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 Credit: SAHIBA CHAWDHARY Target: ₹1,000 CMP: ₹930 One97 Communications (Paytm) business metrics continue to see a gradual recovery, led by healthy […]

| Photo Credit: iStockphoto Apollo Hospitals, Gabriel India, and Warren Tea announce merger and demerger. The board of Apollo Hospitals Enterprise has approved a separate listing of its omnichannel pharmacy and digital health businesses within 18-21 months as part of a reorganisation exercise to unlock value. The board of directors of Apollo Hospitals and Apollo […]

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 media platforms Meta has made it mandatory for advertisers running securities and investment advertisements (ads) on its platforms in India (including […]

Torrent Pharmaceuticals on Sunday announced the acquisition of a controlling stake in JB Chemicals & Pharmaceuticals from KKR for ₹19,480 crore, translating into an equity valuation of ₹25,689 crore. The acquisition will be followed by a merger of JB Chemicals with Torrent Pharmaceuticals, a joint statement said. The Ahmedabad-based flagship company of the Torrent Group stated that the […]

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 BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing erosion […]

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 between September 2024 and March 4, 2025, was severe — the Nifty 100 plunged 17 per cent, while Nifty Midcap 150 […]

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 of fresh issue of equity shares of up to ₹160 crore and an offer for sale of over 1.19 crore shares […]

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 for large-cap stocks in the semi-annual AMFI classification list is expected to fall 8 per cent to ₹91,600 crore from ₹1 […]

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. The ₹860-crore IPO will open for public on July 2 and conclude on July 4. Investors can bid for a minimum […]

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 of 4.92 crore shares, resulting in a subscription of 1.76 times.  Sambhv Steel Tubes specified that 50% of the total offer […]

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 crore in Q4-FY25 as against ₹413.93 crore in Q4FY24, depicting a de growth of 14.8 per cent. Revenue drop was precipitated […]

The initial public offering of Kalpataru will close for subscription today. As against 2.28 crore shares on offer, the issue received bids for 79.61 lakh shares, subscribing 0.35 times overall. Kalpataru Limited, one of the prominent real estate developers in the Mumbai Metropolitan Region of Maharashtra (MMR) and present across all its micro-markets, launched its initial […]

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 Andhra Cements, which it had acquired through NCLT in 2023. Under SGC, Andhra Cements’ capacity enhancement, refurbishment, and cost reduction […]

The initial public offering of Kalpataru saw a muted response on Day 1. As against 2.28 crore shares on offer, the issue received bids for 20.36 lakh shares. Kalpataru Limited, one of the prominent real estate developers in the Mumbai Metropolitan Region of Maharashtra (MMR) and present across all its micro-markets, launched its initial public offering […]

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 Credit: SHAILESH ANDRADE Off-market share transfers in private limited companies will now require prior written consent from the company, as per […]

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 open today for the public. Shares will be listed no the BSE and the NSE. The issue is entirely a fresh issue […]

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 Aditya Birla Lifestyle Brands Ltd (ABLBL), demerged from Aditya Birla Fashion and Retail, were listed on the bourses on Monday and […]

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 benchmark indices, Sensex and Nifty, are likely to see West Asia heat, at least in the opening session, as analysts weigh […]

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 Exchange. Upon completion of the said sale, ICML would cease to be a subsidiary, the announcement adds. The annual report 2024 […]

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 of this hurdle over the last month, we expect it to surpass this level soon. Supporting this, the price action shows […]

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 of the company in its meeting on Saturday also considered and approved the draft notice of postal ballot in respect of […]

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 market transactions. Besides, Axis Mutual Fund (MF), Aditya Birla Sun Life MF, Invesco MF, Norway’s Government Pension Fund Global, German multinational […]

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 first listing in the next two quarters said Ashishkumar Chauhan, Managing Director, National Stock Exchange (NSE) during his visit to Ahmedabad […]

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 Kalanithi Maran, alleging that the latter, along with seven others, was involved in unlawful share transfers concerning Sun TV Network Ltd […]

Target: ₹1,080 CMP: ₹882.35 We initiate coverage on Chalet Hotels with a BUY rating based on strong growth prospects on account of Strong presence in key metro markets with limited supply, robust expansion pipeline, presence in commercial real estate provides much needed diversification, Healthy B/S which allows company to pursue incremental growth opportunities, Addition of […]

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. The products are marketed under brand names Januvia, Janumet and Janumet XR, the companies said in a joint statement. Sitagliptin is […]

Target: ₹402 CMP: ₹314.95 We recently met with management of Juniper Hotels, which outlined an aggressive, long-term hotel development plans. The plan is to nearly double room count by FY30-FY31 while maintaining luxury and upper-upscale as core operating segments. FY26 will be a year of recovery for Juniper, which will be driven by occupancy scale-up […]

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 64.5 billion. (Positive) RailTel: Company gets letter of intent from Zoram Electronics Development Corporation for a project worth Rs 43.99 crore. […]

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 term, management believes this should ideally enable higher customer engagement, enrich depth of relationship, improve cross-selling, lower cost of acquisition and […]

Domestic markets are expected to open on a flat note on Tuesday after a strong rebound yesterday. Analysts expect the consolidation phase to continue and caution investors to stay alert on the global and domestic macro events. Profit-taking will check market progress, they added. Gift Nifty at 25010 against Nifty futures value of 24,996 signals […]

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 crore) in India Business Excellence Fund VG managed MO Alternates. IFC’s investment in the fund will be along with an additional […]

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 and has already signed 2 contracts for agro CDMO, one of which is worth $300 million and will start contributing to […]

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 with the plan said on Friday. The Surat-based company has already roped in top investment banks to manage the public offering. […]

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 Ltd. were the only gainers in Friday’s session, as broader markets came under pressure from renewed geopolitical tensions. On the flip […]

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 firmed up as escalating tensions between Iran and Israel kept investors jittery. Israel’s overnight attacks on Iran, targeting its nuclear facilities, […]

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 and NPLs. The management was quite confident about achieving the guided disbursements of ₹40,000 crore in the current year and reaching […]

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 issues of ₹890 crore and an offer-for-sale of 81 lakh shares worth ₹497.34 crore by its promoter Vivek Gupta, will close […]

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 gearing up to launch its initial public offering (IPO) worth around ₹3,400 crore as early as July, according to people familiar […]

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 (inclusive of all taxes and duties). The order will be executed in tranches by May 31, 2026. HG Infra Engineering has […]

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 grow PAT with focus on improving diamond sales. The company targets EBITDA margin of 6.8-7.2 per cent and a PAT margin […]

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 is the first of its kind in India’s microfinance sector, comprising Japanese Yen (JPY) and United States Dollar (USD) currencies, predominantly […]

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 will open on June 13. The IPO, a mix of fresh issue of ₹890 crore and an offer-for-sale of 81 lakh […]

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 the consolidation phase to continue due to strong macro factors. Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services Ltd, said […]

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 range-bound during the day’s session, broader market indices reflected the overall optimism among market participants. The Nifty50 ended at a eight-month […]

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 crore shares and the floor price has been fixed as f ₹64.75 HDFC Bank has denied Lilavati Trust’s allegation that the bank’s […]

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 matter. | Photo Credit: ANUSHREE FADNAVIS Shares of IndusInd Bank on Friday climbed 2.50 per cent after Reserve Bank of India […]

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. However, there are important supports ahead, which can arrest the downtrend. The ₹73-77 is the nearest base followed by ₹68 and […]

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 on Friday, as the RBI’s rate-setting panel announced a change in monetary policy stance from “accommodative” to “neutral”. Yield of the […]

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 cent stake in Bajaj Finserv for ₹5,506 crore from promoter entities. Besides, JP Morgan India, Citigroup Global, Societe Generale, SBI Life, […]

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 — the highest number in any financial year so far. If one includes index and ETF funds based on sectoral themes like […]

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. 07:24 | June 6, 2025 Stock market live updates today: TESLA SHARES FALL 15.6% IN WORST DAY SINCE SEPTEMBER 2020 07:23 | June 6, […]

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 requiring exchanges to choose between Tuesday or Thursday for contract expiries by June 15, according to sources. “We do not plan […]