Page 828 - Markets News

Govt to sell up to 5% stake worth Rs 2,026 crore in Cochin Shipyard

The floor price for the sale is 1,540 rupees, an 8% discount to the stock's Tuesday close, the filing showed. At this price, the stake is valued at Rs 2,026 crore ($241.2 million)

IndiGo secures market regulator Sebi nod to launch venture capital fund

The fund will also look to invest in consumer startups that have a touchpoint in the passenger journey, such as travel, lifestyle, hospitality, and transportation

Sebi raises overall position limits for trading members in F&O segment

The position limits will be applicable for index futures and index options separately as it is the current practice, Sebi said

MCX launches cotton seed wash oil futures, offers cash-settled contracts

Each contract will have a trading unit of 5 tonne with a base value quoted in Rupee per 10 kg at Ex-Tank Kadi, Gujarat, MCX said in a statement

Market Close Highlights, Oct 15: Sensex sheds 153 pts; RIL falls 2%; Smallcap stocks outperform

Stock Market Today: Bears took the reins on the D-Street as 21 out of 30 constituent stocks of BSE Sensex ended in red, dragged by Bajaj Finance, Reliance Industries, and Tata Steel

Paras Defence secures arms licence from Govt; share price jumps 5%

The company has been granted a licence under the Arms Act, 1959, by the Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry, Government of India

Ashish Kacholia Portfolio: Garware group stock zooms 153% in 5 months

Shares of Garware Hi-Tech Films hit a new high of Rs 4,211.05, rallied nearly 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise weak market on expectation of strong earnings.

Hyundai Motor India IPO off to slow start: 0.11x subscription, GMP falls 1%

Notably, Hyundai Motor India's IPO marks the first time in two decades that a carmaker has gone public in India, following Maruti Suzuki's listing in 2003

Transformers & Rectifiers hits 5% upper circuit in weak market; check why

Various funds bought stakes in Transformers & Rectifiers after promoter Jitendra Mamtora sold 2.7 million shares

RPP Infra up 5% as it bags Rs 217-cr road improvement work order in Jalgaon

RPP Infra's road improvement project in Jalgaon, Maharashtra, has to be completed within two years. With this order, the company's order book stands at Rs 3,523.24 crore as of October 15, 2024

Kiri Industries board approves warrants worth Rs 492-cr; shares gain 4%

Earlier, on October 14, Kiri Industries had said in a regulatory filing that the Company has received In-Principle approval from both the Stock Exchanges i.e., BSE and NSE

Microcap stock soars 20% on 1:5 stock split news; up 60% in 4 days

Premier Polyfilm Ltd stock split news: Premier Polyfilm shares were locked in the upper circuit for a second straight day on the BSE today

Voda Idea, Dabur, YES Bank trade in oversold zone on NSE; key levels here

The 14-day RSI of Voda Idea, Bank of India, Dabur, YES Bank and DMart stands below 30, indicating oversold condition on the daily chart. In case of a pullback, these stocks can bounce back up to 24%.

Gopal Snacks shares fall over 4% on weak margin, higher expenses

The drop in the share price came after the company's expenses jumped 13.1 per cent year-on-year (Y-o-Y) to Rs 3,649.9 crore in Q2FY25, from Rs 3,227.88 crore in Q2FY24

HPCL, BPCL, IOC soar up to 5% in trade as oil prices slip to 2-week low

A fall in oil prices is beneficial to OMCs as their costs for acquiring crude oil for refining drop

Hyundai Motor India IPO opens: GMP shows slight uptick; Should you apply?

Hyundai Motor India IPO opens for public subscription from October 15, 2024, to October 17, 2024. Check here for key details: Price Band, Lot Size, GMP, Allotment Date, Listing Date, and more

Here's why Bajaj Auto shares fell over 3% on Oct 15; check details here

Shares of Bajaj Auto fell as much 3.51 per cent at Rs 11,475 per share on the BSE in Tuesday's intraday trade

HDFC AMC hits record high, rallies 11% in 6 days; m-cap nears Rs 1 trillion

At 12:04 PM, HDFC AMC shares were trading 1.8 per cent higher at Rs 4,562. HDFC AMC market cap (m-cap) stood at Rs 97,452 crore

Ramkrishna Forgings up 3%; hits life high as UBS initiates with 'Buy' call

UBS reckons that the consensus has not fully factored in growth drivers such as higher penetration in EV and aluminium forging, rising contributions from acquisitions and new business in earth moving

Nestle Q2 preview: Profit may rise up to 8% YoY, revenue 5-7%, say analysts

Nestle India Q2 results preview: Investors will monitor the demand outlook on rural against urban, competitive intensity and raw material trends for Nestle India