Page 464 - Si Reporter/undefined

Sensex, Nifty snap 4-day losing run; Bajaj Fin gains 4.5%, IT stocks weigh

Closing Bell on September 25, 2023: The broader markets ended with steady gains with the BSE MidCap index advancing 0.46 per cent, and the BSE SmallCap 0.12 per cent

Strides Pharma soars 8% on USFDA nod for drug to treat heart diseases

Meanwhile, Strides said the board is scheduled to meet on September 25, to consider the combine CDMO interests of the group to become one of India's top specialty pharmaceuticals CDMOs

Apollo Micro surges 10% on inking multiple agreements with DRDO

The company also announced that it recently was declared as the lowest bidder in multiple projects from the DRDO and another government sector company.

Sensex falls for 4th day, drops 221pts; Nifty nears 19,650; PSBs defy trend

Closing Bell on Friday, September 22: The Nifty PSU Bank jumped the most, rising 3.5 per cent

Hudco hits over 5-yr high; stock zooms 95% since April on positive outlook

The future outlook in terms of Government's sectoral focus and related developments have positive implications for Hudco's medium-term and long-term strategies

JP Morgan boost: PNB Gilts zooms 20%, hits 52-week high on heavy volumes

A combined 27.85 million shares, representing nearly 60 per cent of free-float equity of PNB Gilts, have so far changed hands on the NSE and BSE

Bajaj Healthcare zooms 53% in four weeks on healthy FY24 guidance

EBITDA margins would be in the range of 16 -20 per cent for the FY24, mainly driven by growth in the formulation biz and with the introduction of reverse engineering APIs launched in the last fiscal.

Berger Paints gains 4% on turning ex-bonus; stock hits 52-week high

Berger Paints had fixed September 23, 2023 as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for the 1:5 bonus issue.

Glenmark Pharma slips 5% on inking deal to sell 75% stake GLS to Nirma

The company announced that it will sell 75 per cent stake in Glenmark Life Sciences (GLS) to Nirma for Rs 5,652 crore at Rs 615 per share.

Sensex down 571 pts, Nifty below 19,750 on hawkish Fed, Indo-Canada tension

Closing Bell on Thursday, September 21: The broad-based selling was led by public sector banks with the Nifty PSU Bank index sliding 2.3 per cent

KSB soars 12%, hits new high on strong biz outlook, healthy order intake

Government's focus on irrigation projects, drinking water supply, sanitation projects, and urban housing is expected to drive the demand for pumps in the water segment

Nava surges 13%, hits record high in weak market on heavy volumes

In past four months, the stock price of Nava has appreciated by 84 per cent after the company recorded a remarkable financial performance for June quarter (Q1FY24).

EMS makes strong debut in weak mkt, lists at 34% premium over issue price

The stock listed at Rs 282.05, a 34 per cent premium over its issue price of Rs 221 per share on the National Stock Exchange

SJVN slips 10% as government begins partial stake sale via OFS

The government will sell 96.67 million shares, or 2.46 per cent stake, in the company with an option to sell additional 2.46 per cent stake under offer for sale (OFS) route on Thursday and Friday.

Sensex bleeds 796 pts, Nifty holds 19,900 as HDFC Bank slides 4%, RIL 2%

Closing Bell on Wednesday, September 20: HDFC Bank shares were the biggest dragger on the benchmarks as they dropped nearly 4 per cent, while JSW Steel, and Reliance Industries fell over 2 per cent

IFCI zooms 28% in 2 days, hits over 5-year high on huge volumes

Till 02:29 PM: a combined 172 million equity shares representing nearly 7 per cent of total equity of IFCI had changed hands on the NSE and BSE.

Surya Roshni gains 4% in weak market on fixing record date for stock split

The company has fixed October 6, 2023 as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for subdivision of equity share in a ratio of 2:1.

Reliance Industries slides 3% to two-month low; volumes surge on block deal

Till 11:03 AM; around 23 million equity shares, representing 0.35 per cent of total equity of RIL, had changed hands on the NSE, the exchange data shows

Blue Star surges 15%, hits record high on launch of Rs 1,000 cr QIP issue

The company proposed to raise around Rs 1,000 crore at a floor price of Rs 784.55 per equity share.

R R Kabel lists at 14% premium over issue price in a weak market

The stock listed at Rs 1,180, a 14 per cent premium over its issue price of Rs 1,035 per share on the National Stock Exchange.