Page 22 - Bse Nse

Torrent Pharma share pops 4% on ₹25,689-cr JB Chem deal; analysts cautious

Torrent Pharmaceuticals has signed a definitive agreement to acquire a controlling stake in JB Chemicals and Pharmaceuticals (JBCP) at a fully diluted equity valuation of ₹25,689 crore.

Hind Rectifiers share zooms 10% on multiple orders from Indian Railways

The uptick in Hind Rectifiers share price came after the company secured multiple orders from the Indian Railways

Investors' wealth surges by ₹12.26 trillion in 4 days of market rally

Equity investors became richer by Rs 12.26 lakh crore as stock markets surged for the fourth day in a row on Friday amid de-escalation in geopolitical tensions and softening crude oil prices in international markets. On Friday, the BSE benchmark Sensex climbed 303.03 points or 0.36 per cent to reclaim the 84,000 level and settled at 84,058.90. During the day, the Sensex jumped 333.48 points or 0.39 per cent to 84,089.35. In the past four days, the benchmark has jumped 2,162.11 points or 2.64 per cent. Tracking optimism in equities, the market capitalisation of BSE-listed firms soared by Rs 12,26,717.72 crore to Rs 4,60,09,217.58 crore (USD 5.38 trillion) in four trading days. "Benchmark indices Nifty and Sensex closed on a firm footing in the green on Friday, capping off the week with robust gains. The rally was underpinned by de-escalation in geopolitical tensions post the Israel-Iran ceasefire and growing optimism surrounding a prospective US-India trade pact, which acted as key

Sebi bans two from markets for 3 yrs; impounds illegal gains of ₹4.83 cr

Markets regulator Sebi has barred two individuals from the securities markets for three years and impounded illegal gains of over Rs 4.83 crore made by them for orchestrating a fraudulent scheme using out of the money (OTM) stock options to misappropriate funds from investors. Apart from the securities market ban, the regulator also slapped a penalty of Rs 25 lakh each on Shivprasad Pattiya and Alkesh Narware and directed them them to pay the fine within 45 days, Sebi said in the order passed on Friday. Further, Sebi directed Pattiya and Narware to disgorge unlawful gains worth Rs 4.83 crore with an interest of 12 per cent per annum jointly and severally from February 2022. In the final order, Sebi found that the front entities had opened the trading accounts under the instructions of the operator group (Shivprasad Pattiya and Alkesh Narware) and these trading accounts and bank accounts were under the control of the operator group. Sebi observed that the caller group had identified

Israel-Iran war, oil prices likely to be key factors for markets this week

The domestic stock market will continue to monitor the Israel-Iran conflict and its impact on global supplies besides prices of crude oil this week, analysts said. Global trends and trading activity of foreign investors would also drive investors' sentiment during the week. The Indian stock market concluded the last week on a robust note, shrugging off mid-week volatility triggered by escalating tensions in the Middle East and a spike in crude oil prices, an expert said. "This week, global cues will remain the dominant force, with a focus on geopolitical tensions between Iran and Israel, US economic data, and commentary from the Federal Reserve officials. "Domestically, investors will closely monitor monsoon progress, volatility related to monthly expiry, crude oil price movements, and FII activity for further cues," Ajit Mishra,? SVP, Research, Religare Broking Ltd, said. On Friday, the BSE Sensex surged 1,046.30 points, or 1.29 per cent, to settle at 82,408.17. The 50-share NSE

Global trading giants expand in India, driving talent rush, upgrades

The influx of global trading firms has opened up opportunities for India's two main exchanges, which are both upgrading their tech infrastructure

Stock Market close highlights: Sensex, Nifty settle higher; IT, OMC stocks rally; Bank, FMCG drag

Sensex Today | Stock Market close, Wednesday, June 11, 2025: HCL Tech, Infosys, Tech Mahindra, Bajaj Finserv and Reliance Industries were the top Sensex gainers

Pimpri Chinchwad is Maharashtra's 1st to list Green Municipal Bonds on BSE

The bell-ringing ceremony held at the BSE in Mumbai witnessed an enthusiastic turnout, with Maharashtra Chief Minister Devendra Fadnavis terming PCMC's achievement as a proud moment for state

NSE, BSE in high-stakes fight over changing derivatives expiry day

National Stock Exchange of India Ltd. is trying to change the expiration for listed derivative contracts from Thursday to Tuesday - a day traditionally dominated by its smaller bourse BSE Ltd

Nuvama Wealth Management Q4 results: Net profit rises 41% to Rs 255 crore

Nuvama Wealth Management on Thursday reported a 41 per cent growth in net profit to Rs 255 crore for the fourth quarter ended March 2025. The wealth management firm earned a profit after tax of Rs 181 crore in the March quarter of 2023-24. Its total income rose to Rs 1,125 crore during the March quarter from Rs 929 crore in the corresponding quarter of FY24. For the full 2024-25 fiscal, Nuvama Wealth reported a 58 per cent growth in net profit to Rs 985 crore. In FY24, it had a profit of Rs 625 crore. Nuvama Group MD & CEO Ashish Kehair said in the Wealth Management business, the company saw strong momentum in net flows. "We continued to invest substantially for growth, we added sales capacity and expanded our geographical reach, including offshore. We further strengthened our digital infrastructure, including integration of AI tools to serve our clients better," Kehair said. The company's board has announced an interim dividend of Rs 69 per equity share of the face value of Rs 1

Wockhardt Q4 results: Drug maker's net loss shrinks to Rs 45 crore

Drug firm Wockhardt on Thursday reported a consolidated net loss of Rs 45 crore in the fourth quarter ended March 31, 2025. The drug maker had reported a net loss of Rs 177 crore in the January-March quarter of FY24. Revenue from operations rose to Rs 743 crore in the fourth quarter as compared to Rs 700 crore in the year-ago period, Wockhardt said in a regulatory filing. For FY25, the company said its net loss stood at Rs 57 crore as compared to Rs 472 crore in the year-ago period. Revenue increased to Rs 3,012 crore as compared to Rs 2,798 crore in 2023-24 fiscal. Shares of the company closed at Rs 1,347.75 apiece, 0.63 per cent higher from previous close, on the BSE.

Stock market close highlights: Sensex sheds 239 pts, Nifty at 24,752; FMCG drags; PSBs outperform

Stock market highlights on Wednesday, May 28, 2025: the Nifty Midcap100 ended lower by marginally 0.02 per cent, while the Nifty Smallcap100, on the other hand, ended with a gain of 0.33 per cent

Fall in ITC shares drag Nifty FMCG index 2%; Nestle, Emami down 2% each

ITC shares dropped 4.13 per cent to ₹413 (adjusted for dividend) in Wednesday's intraday trade on the NSE following a large block deal.

Triveni Engineering climbs 10% on May 28; here's what sparked the rally

Triveni Engineering share price rose on the back of a healthy March quarter of financial year 2025 (Q4FY25) results.

₹102-crore order lifts HBL Engineering share price 3%; key details inside

HBL Engineering share price rose after the company announced that it has secured an order worth ₹101.55 crore from IRCON International.

KEC International: Analysts up target price but stay cautious post Q4 show

KEC reported a consolidated revenue of ₹6,870 crore in Q4FY25, up 11.5 per cent year-on-year (Y-o-Y), but marginally below Street estimates.

Shriram Properties share skyrockets 18% on robust Q4 results; details here

Shriram Properties shares were buzzing in trade on the back of a strong March quarter of financial year 2025 (Q4FY25) performance.

MOFSL projects 22% upside for this liquor stock; up 2% in weak market today

The uptick in Radico Khaitan shares came after domestic brokerage Motilal Oswal Financial Services Limited (MOFSL) initiated coverage on the stock with a 'Buy' rating.

Why are India Pesticides shares in demand on May 27? Check key reasons here

India Pesticides share price rose on the back of stellar March quarter of financial year 2025 (Q4FY25) results.

Here's why Sumitomo Chemical India share price was under pressure today

Sumitomo Chemical India shares were under pressure due to weak March quarter of financial year 2025 (Q4FY25) results.