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Qatar Holding LLC, an affiliate of the sovereign wealth fund Qatar Investment Authority, has sold 48.05 lakh shares of Adani Energy Solutions to Birla Mutual Fund for Rs 643 crore through open market transactions, according to data available on the BSE. Qatar Holding LLC offloaded 48,05,974 shares, representing a 0.40 per cent stake in Adani Energy Solutions, as per block deal data executed on Friday. The shares were disposed of at an average price of Rs 1,339 apiece, taking the deal value to Rs 643.52 crore. Meanwhile, Birla Mutual Fund acquired the same number of shares at the same price. Following the completion of the transaction, shares of Adani Energy Solutions on Friday rose 2.10 per cent to close at Rs 1,368 apiece on the BSE. Last month, Adani Energy Solutions posted a marginal rise of 1.3 per cent in its consolidated net profit at Rs 723 crore for the quarter ended March 2026, supported by a rise in revenues. The company had logged a net profit of Rs 714 crore in the ...
BSE on Monday launched futures and options (F&O) contracts on the BSE Focused IT Index, becoming the only stock exchange in the country to offer derivatives on an information technology sector benchmark. The BSE Focused IT Index comprises 14 leading Indian technology companies and is designed to provide investors with a focused benchmark for the country's information technology sector, the exchange said in a statement. The launch coincided with National Technology Day and is aimed at offering investors an additional tool to hedge, trade and manage risks linked to the IT sector, which remains sensitive to global economic trends, currency fluctuations and rapid technological changes. On the first day of trading, 172 members participated in the new product, generating a turnover of Rs 148 crore. According to BSE, the IT sector accounts for around 6 per cent of the total market capitalisation of companies listed on the exchange. The sector includes more than 250 listed firms and ...