Page 1256 - Markets News

Hindustan Oil Exploration sinks 19% as Q1 profit plunges 80% QoQ

Separately, the government has hiked windfall tax on crude petroleum to Rs 7,100 per tonne with effect from August 15, up from Rs 4,250 per tonne.

Garden Reach Shipbuilders rallies 33% in 2 days post June quarter results

The BSE has sought clarification from Garden Reach Shipbuilders & Engineers Ltd with reference to movement in volume

IRFC m-cap zooms past Shriram Finance, IDBI Bank; stock up 62% in 1 month

Currently, Indian Railway Finance with Rs 68,086 crore m-cap stood at 86th position in overall ranking, ahead of Shriram Finance (Rs 67,613 crore) and IDBI Bank (Rs 67,310 crore), the BSE data shows.

Cipla, Glenmark: Time to accumulate pharma stocks on robust bullish trend?

The current volatility in the benchmark indices offer the ideal opportunity to accumulate pharma stocks around their respective supports

Apar Industries hits record high on healthy outlook; up 200% from Jan low

For Q1FY24, Apar Industries had posted 61 per cent year-on-year jump in profit after tax at Rs 197 crore.

ITC rises 2% in a weak market as brokerages give thumbs up to Q1 results

The company clocked 16.2 per cent year-on-year (YoY) rise in consolidated net profit to Rs 5,104.9 crore in Q1FY24

Solid listing: SBFC Finance debuts at 44% premium over its issue price

Post listing, the stock hit a high of Rs 89.50, a gain of 57 per cent when compared with the issue price of Rs 57 per share.

Gangwal stake sale buzz: IndiGo dips 5% amid block deal of 18 mn shares

At 09:15 am; around 18.19 million equity shares representing 4.71 per cent of total equity of IndiGo have changed hands on the BSE, the exchange data shows.

Nifty Private Bank index looks weak on charts; check key buying levels

Technical charts indicate a potential support zone between 22,510 and 22,350 for the Nifty Pvt Bank index

Stocks to Watch today, Aug 16: IndiGo, ITC, SBFC, Infy, Voda Idea, M&M, Zee

Stocks to watch on August 16, 2023: Shares of IndiGo are likely to be in focus amid reports of a likely stake sale by the co-founders Gangwal family on Wednesday.

Gangwal family likely to sell IndiGo stake worth Rs 3,730 cr via block deal

Offer floor price of Rs 2,400 per share is 6% discount to last closing price

Fundraising through SME IPOs hits a new high in 2023, shows data

The SME segment is for smaller enterprises raising lower amounts, while the mainboard is for listing larger, more mature companies

Social Stock Exchange: Tax benefits among the industry's top demands

This issue is being taken up with Sebi and the Centre by the bourses

Entity offloads Ujjivan Financial Services shares for Rs 148 crore

The shares were sold at an average price of Rs 495.19 apiece, taking the aggregate transaction value to Rs 148.56 crore

E-commerce retailer Nykaa's stock declines the most in nine months

The brokerage downgraded the stock to ADD and revised its target price to Rs 165 from Rs 210

NCDEX, Skymet takes initial steps towards tradeable weather index

Both companies sign MoU to deepen understanding of weather impact on farm and other goods

Regulator Sebi proposes easier norms for voluntary delisting mechanism

Expert group recommends fixed-price, lower threshold as alternatives to reverse book building

Authum Investment sells JSW Energy shares for Rs 552 cr via open market

Authum Investment & Infrastructure on Monday offloaded shares of JSW Energy for Rs 552 crore through an open market transaction.

Sebi exempts two trusts from making open offer to Linc's shareholders

Once the transaction is complete, the acquirer trusts would collectively hold 9.96% stake in Linc

Sebi proposes alternate mechanism to delist shares from stock exchanges

In addition, SEBI suggested a framework for companies that have shares held by investment-holding companies