Page 18 - Bse

REC raises Rs 5,000 crore through bond issuance with strong response

State-owned REC Ltd on Monday said it has raised Rs 5,000 crore through issuance of bonds. The offering included Rs 3,000 crore through five-year bonds at a coupon of 6.87 per cent and Rs 2,000 crore through 10-year bonds at a coupon of 6.86 per cent, a company statement said. According to the statement, the bond issuance witnessed an overwhelming response from market participants, reflecting strong investor confidence in the company's robust financial position and growth prospects. The bonds have been assigned a "AAA" rating by prominent credit rating agencies CARE Ratings, ICRA, and India Rating & Research Pvt Ltd (IRRPL) signifying the highest degree of safety regarding timely servicing of financial obligations. The bonds will be listed on both the BSE and the National Stock Exchange (NSE), enhancing their liquidity and offering investors easy tradability.

BSE oil and gas index up 3%; check what put all these stocks on fire today

The BSE Oil & Gas index touched intraday high of 26,551.71, up 3.12 per cent from previous session's close of 25,746.71. HPCL, BPCL, IOC were among the top gainers in trade on April 29, data shows

Dr Lal PathLabs Q4 profit rises 81% on volume growth, geographic expansion

The company's revenue from operations also rose to Rs 603 crore in Q4FY25, a 10.5 per cent Y-o-Y growth from Rs 545 crore reported in Q4FY24

Fast and furious: In a first, bourses cross 10 billion trades in FY25

Record numbers on both exchanges

Hindustan Zinc Q4FY25 results: Net profit jumps 47% to ₹3,003 crore

Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported a 47.3 increase in consolidated net profit at Rs 3,003 crore in the quarter ended March 2025 on the back of higher income. The company had posted a net profit of Rs 2,038 crore in the year-ago period. Income of the company during the latest January-March quarter increased to Rs 9,314 crore from Rs 7,822 crore in the year-ago period, HZL said in a filing to BSE. In a statement the company said that it was its "best-ever fourth quarter profit after tax of Rs 3,003 crore, up 47 per cent Y-o-Y". "As the world's largest integrated zinc producer, we aim to meet rising domestic demand while maintaining our position as one of the lowest-cost producers globally and most resilient producers in the industry," company's Chief Executive Officer Arun Misra said. HZL's Chief Financial Officer Sandeep Modi said despite the global uncertainties, including recent market volatility from the ongoing trade war, the company's fundamentals .

BSE-listed Black Box wins ₹1,550 crore in orders in March quarter of FY25

The company cited robust demand across sectors and geographies, driven by ongoing IT modernisation and digital transformation initiatives

Edelweiss MF launches BSE Internet Economy Index Fund; check key details

Edelweiss BSE Internet Economy Index Fund will open for subscription on April 25, 2025, and close on May 9, 2025

Spandana Sphoorty CEO Saxena resigns; CFO Damani named interim chief

The stock of the company closed six per cent lower at Rs 305.2 per share on BSE

Lord's Mark eyes ₹950 crore revenue as reverse merger nears BSE listing

Lord's Mark, which operates across diagnostics, medtech and renewable energy, is placing strong bets on its remote patient monitoring (RPM) technology to drive global expansion

Comeback trail: India retraces path to $5 trillion market capitalisation

Over the past one week, India has emerged as the top-performing major market globally

ICICI Bank ends flat after hitting 52-week high on Q4 earnings boost

Shares of ICICI Bank ended on a flat note on Monday after climbing over 2 per cent intra-day as the firm reported a 15.7 per cent jump in March quarter consolidated net profit at Rs 13,502 crore. The company's stock went up by 2.15 per cent to Rs 1,437 -- its 52-week high level -- during the day on the BSE. It finally ended at Rs 1,409.40, up 0.20 per cent. On the NSE, shares of the firm rallied 2.08 per cent to reach the 52-week high of Rs 1,436 in intra-day trade. The stock later ended at Rs 1,408.10, up 0.10 per cent. The 30-share BSE Sensex jumped 855.30 points or 1.09 per cent to settle above the 79,000 mark at 79,408.50. The NSE Nifty climbed 273.90 points or 1.15 per cent to close at 24,125.55. The company's earnings were announced on Saturday. On a standalone basis, the second largest private sector lender's net profit for the January-March quarter came at Rs 12,630 crore, up 18 per cent, against Rs 10,708 crore in the year-ago period. The core net interest income moved u

Q4 results today: Tata Invest, Mahindra logistics, among 16 to post results

Q4 FY25 company results today, April 21: Aditya Birla Money and Himadri Speciality Chemical will be releasing their earnings report for the January-March quarter

Street signs: Nifty eyes 24,000, AI to vet IPO documents, and more

Hyundai Motor India and Waaree Energies are among the stocks likely to come into focus this week as their lock-up periods expire

Q4 results today: Just Dial and Network18 among 12 post results on Apr 18

Q4 FY25 company results today, April 18: Orosil Smiths, Mastek, Punctual Trading and nine other companies will release their earnings report for the Jan-March quarter

NIIT acquires Coimbatore-based deep skilling training provider iamneo

Under the agreement, NIIT will acquire the remaining 30 per cent shareholding in phases from iamneo's promoters in subsequent tranches over the next five years

LIC Housing Finance names Lokesh Mundhra as new Chief Financial Officer

LIC Housing Finance has appointed Lokesh Mundhra as Chief Financial Officer (CFO) effective Thursday. In a regulatory filing, LIC Housing Finance said Sudipto Sil, who was serving as CFO, has been transferred and redesignated as Marketing Head of Western Region at Mumbai with effect from April 17, 2025. "The Board of Directors ... has approved appointment of Lokesh Mundhra, as a Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the company with effect from April 17, 2025," LIC Housing said. Mundhra , a Chartered Accountant, has served under various roles at LIC of India for last 32 years. He has worked in various departments including finance & accounts, personnel, legal, estates, with last six years in the investment department. "He has been instrumental in successfully concluding the transaction of bringing up the IPO and listing of the equity shares of LIC of India," LIC Housing Finance said. Shares of LIC Housing Finance closed at Rs 604.45 apiece, up 1.74 ..

150 years of BSE: When the nation witnessed a rally before independence

The concluding part of the Booms and Busts series looks at the share market rally ahead of Independence, and its eventual decline

150 years of BSE: 1929 tariff-led boom ends with global market crash

The second of a three-part series on booms and busts looks at a period when protectionism prepared the soil for a bull market in the 1920s, which was eventually ended by the Great Depression

150 years of BSE: When 100 banks failed and took stockbrokers with them

As the country's oldest stock exchange, the BSE, completes 150 years, Business Standard looks at lesser-known events from the pages of India's stock-market history

Trump reciprocal tariff wipes $6.6 trillion from US markets in two days

Trade war escalates as China announces retaliatory measures against the US, while other economies seek dialogue with the White House