Page 966 - Markets News

Market regulator Sebi search-and-seizure operations jump 2x in FY24

Locations outside metros also see action in FY24

How expensive are the Indian stock markets? A quick check on PE multiples

The run up in the markets in the past few months has made valuations expensive, analysts said, who now expect the rally to take a breather for the next few months as corporate earnings catch up.

Higher valuations driven by 'bumper' growth expectations: Raamdeo Agrawal

Multiples will come down if the companies fail to deliver on earnings growth, he said

Cong seeks more clarity from ICICI Bank, Madhabi Buch on retiral payouts

Congress leader Pawan Khera also asked why ICICI Bank covered the tax deducted at source for Puri Buch's employee stock ownership plan (Esop)

Congress seeks ICICI Bank's clarification on Sebi chief's retiral benefits

Congress spokesperson Pawan Khera on Tuesday issued a statement questioning ICICI Bank's explanation over retirement benefits allegedly received by Sebi Chief Madhabi Puri Buch

Stock Market Highlights, Sept 03: Nifty closes nearly flat, Sensex in red; broader markets gain

Stock Market Highlights: The NSE Nifty 50 index has rallied 4.7 per cent or 1,140 points in the last 14 straight trading sessions.

Raymond up 9% on confirming demerger and listing of lifestyle, realty biz

Raymond will demerge into three entities--Raymond, Raymond Lifestyle and Raymond Realty

ECOS Mobility IPO GMP surges 40%; experts eye double digit listing gains

ECOS (India) Mobility & Hospitality shares are slated to make their debut on the bourses tomorrow, Wednesday, September 4, 2024. Check listing price prediction here

Kitex Garments hits over 7-yr high on strong outlook; zooms 90% in 1 month

The management said the company's capacity utilization is currently at its peak and the factory order position is fully booked up to June 2025.

Hindustan Composites to acquire stake in Swiggy; stock gains 8.6%

Hindustan Composites has signed a share purchase agreement to acquire 1,50,000 shares of Swiggy, worth Rs 5.17 crore

Mankind up 3% after reports say co looking to raise Rs 9k cr for BSV deal

Mankind Pharma is likely to raise Rs 9,000 crore through NCDs to acquire Bharat Serums and Vaccines

RK Forgings up 6%, hits new high on investment in aluminium forging project

The board has given an approval for an investment of Rs 57.5 crore to set up the facility, which will primarily cater to electric vehicle (EV) market.

Jhunjhunwala portfolio: This brokerage's stock has zoomed 53% in 3 weeks

Shares of Geojit Financial Services hit a record high of Rs 154.60, after surging 14 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes.

Welspun Ent board to meet on Sept 5 to mull fundraising plans; stock up 4%

The share of Welspun Enterprises soared after the company announced that its Board is scheduled to meet on September 5 to consider and approve the proposal of raising of funds.

Signature Global shares slip 6.5% after multiple block deals

Signature Global had reported a consolidated net profit of Rs 579.7 crore in Q1FY25, while it had incurred a loss of Rs 7.5 crore in the corresponding quarter, last year.

ICICI Bank, Zee in focus amid allegations on Sebi chief Buch; outlook here

ICICI Bank stock has gained 31% in the last 9 months, while Zee has crashed 50% thus far in 2024. Both stocks could see a role reversal going ahead provided these levels are taken out, suggest charts.

Gensol Engg and Matrix Gas consortium win Rs 164-crore bid; stock rises 3%

The project is scheduled for completion within 18 months, the company said.

Shipbuilding stocks in focus: GRSE, MDL, Cochin Shipyard gain up to 7%

The Defence Acquisition Council (DAC) is likely to discuss proposals of mega projects worth around Rs 1.2 trillion for approval in a meeting scheduled for today.

Last Chance! Baazar Style IPO ends today: should you bid? Check GMP & more

The three-day subscription window to bid for the Baazar Style Retail IPO, which opened on Friday, August 30, 2024, is set to conclude today

Medplus Health up 3% on stay against suspension order of Vikhroli store

The surge in Medplus Health shares came after the company announced that it has received a stay order against the suspension order of a store in Vikhroli, Maharashtra.