The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Stock Market Highlights on Monday, August 19, 2024: The BSE Sensex ended at 80,425, down 12 points or 0.02 per cent. Similarly, the NSE Nifty50 ended at 24,573, up 31.5 points or 0.13 per cent
Shares of Knowledge Marine and Engineering Works (KMEW) surged up to 7.59 per cent at Rs 1258.95 per share on the BSE in intraday deals
The offer for sale consists of up to 18 lakh equity shares by Dhraksayani Sangamesh Nirani, and up to 18 lakh equity shares by Sangamesh Rudrappa Nirani
The surge in the stock price followed Techno Electric's announcement of a strategic partnership with IndiGrid.
Tamilnad Mercantile Bank (TMB) shares surged up to 4.35 per cent at 470.80 a piece on the BSE during intraday trading on Monday
The rally in the stock price followed news that the company had announced the pre-launch of its new high-speed electric scooter, CHETNA
Shares of railway companies saw a surge of up to 7 per cent on the BSE during intraday trading on Monday following the Union Cabinet's approval of metro projects exceeding Rs 30,000 crore.
The rise in the share price came after the company announced that its unit, Glenmark Therapeutics Inc, USA (Glenmark) has launched Olopatadine Hydrochloride Ophthalmic Solution USP, 0.1 per cent.
Priced in the range of Rs 152-160 per share with a lot size of 90 shares, the public issue received great demand from investors, with the IPO being subscribed 107.39 times by final day of subscription
With these recent orders, the company's total order book, including all special purpose vehicles (SPVs) and the GIC Platform, exceeds Rs 24,383 crore (net of taxes).
Shares of CESC soared up to 4.55 per cent at Rs 176.65 per share on the BSE in Monday's intraday trade
The record date for determining the shareholders who are eligible for the equity dividend is August 30, 2024.
Shares of DCX Systems locked in 5 per cent upper circuit at Rs 319.75 per share on the BSE in Monday's intraday trade
The company said due to stringent government regulations under the Battery Waste Management Rules (BWMR) and Extended Producers Responsibility (EPR), the availability of domestic scrap is increasing
The surge in ACE stock price came after the company announced that it has bagged an order from the Ministry of Defence (MoD).
The stock price dipped after the company's promoter, Vedanta decided to further offload a 0.29 per cent stake in the company through its ongoing offer for sale (OFS)
The facility was inspected between August 12 and 16, 2024, the company said.
Zomato expects adjusted EBITDA margin of food delivery and quick commerce business to increase to 4-5 per cent over the medium term.
The increase in stock price follows GMR Airports' release of its passenger traffic data for July 2024.
The company's board announced a share buyback of up to 1.5 million shares at price of Rs 750 per share via tender offer.