Page 27 - Bse

Two individuals settle insider trading case with Sebi paying Rs 74 lakh

Two individuals, including a former employee of Deloitte India, on Monday settled with capital markets regulator Sebi a case pertaining to the alleged violation of insider trading rules by paying Rs 74 lakh towards settlement fee. Nimai Parekh and Rahil Dalal (applicants) had proposed to settle the matter by neither "admitting nor denying the findings of fact and conclusions of law", Sebi said. "In exercise of the powers...and in terms of the settlement regulations, it is hereby ordered that any proceedings that may be initiated for the violations are settled in respect of the applicants," Sebi's whole-time member Kamlesh C Varshney said in the settlement order. Sebi conducted an investigation in the scrips of HDFC Ltd and HDFC Bank Ltd, so as to ascertain whether any suspected entities on the basis of information relating to amalgamation/merger, had traded in the scrips, and thereby violated PIT (Prohibition of Insider Trading) rules. The investigation period was taken from Novemb

DAM Capital IPO sees 81.88 times subscription on closing day of bidding

The initial public offer of investment bank DAM Capital Advisors Ltd was subscribed 81.88 times on the closing day of bidding on Monday. The initial share sale received bids for 1,70,35,38,349 shares against 2,08,04,632 shares on offer, according to NSE data. Qualified institutional buyers (QIBs) part received a whopping 166.33 times subscription, while the quota for non-institutional investors attracted 98.47 times bid. Retail individual investors (RIIs) portion fetched 26.80 times the subscription. The initial share sale of DAM Capital Advisors Ltd was fully subscribed hours after opening for bidding on Thursday. DAM Capital Advisors on Wednesday said it has raised Rs 251 crore from anchor investors. The initial share sale has a price band of Rs 269-283 per share. The IPO is solely an offer for sale (OFS) of 2.97 crore equity shares worth Rs 840.25 crore by a promoter and investors at the upper end of the price band. Since the entire issue is an OFS, all the proceeds from the

Concord Enviro IPO subscribed 10.67 times on final day of bidding

The Initial Public Offering (IPO) of Concord Enviro Systems Ltd received 10.67 times subscription on the final day of bidding on Monday. The Rs 500-crore IPO received bids for 5,35,33,347 shares, as against 50,15,356 shares on offer, as per NSE data. The Qualified Institutional Buyers (QIBs) part received 17.32 times subscription, while the quota for non-institutional investors got subscribed 14.20 times. The category for Retail Individual Investors (RIIs) fetched 5.56 times subscription. Concord Enviro Systems had raised Rs 150 crore from anchor investors. The IPO has a price range of Rs 665-701 per share. The IPO comprises a fresh issuance of equity shares worth Rs 175 crore and an Offer-for-Sale (OFS) of 46.41 lakh equity shares valued at Rs 325.33 crore, at the upper-end of the price band, by promoters and an investor. This aggregates the issue size to Rs 500.33 crore. The proceeds from the fresh issue will be invested in Concord Enviro FZE (CEF) for setting up a new assembl

Stock Market Today: GIFT Nifty gains, Sensex rejig, Unimech IPO opens

Stock Market Today: Unimech Aerospace and Manufacturing IPO will open in the mainboard IPO category on December 23 till December 26, 2024

Sensex falls over 1000 points. What led to the market crash?

The Indian stock market tanked on December 17. Benchmark indices Sensex and Nifty slumped by over 1%. Watch the video to know what led to the market crash.

Market Outlook Today, Dec 17: Trading strategies for Nifty 50, Nifty Bank

Stock market today, Nifty today: Should a breakout above 24,775 materialise in Nifty50 index, the next resistance levels to watch will be 25,125 and 25,625, Nifty chart shows

Rajesh Bhosale of Angel One picks 2 stocks to buy for upside on Dec 16

Stocks to Buy for upside: We can see a Cup and Handle breakout in Bharti Airtel share price, further strengthening the bullish outlook

BSE, Angel One: Newly added F&O stks caught investors' fancy; how to trade?

BSE, Angel One, CDSL, PB Fintech and Delhivery have rallied up to 19 per cent in the last four trading sessions backed by a notable rise in open interest; here's what the technical charts suggest.

Mobikwik IPO opens today: GMP zooms 49%; should you park your money?

Mobikwik IPO GMP today: Mobikwik shares were trading at Rs 415 apiece, reflecting a grey market premium (GMP) of Rs 136 or 48.75 per cent per share

How to trade Nifty Pharma, Energy indices today, Dec 11? Check levels here

Stock market today: What are the key support, resistance levels for the Nifty Pharma, and Energy indices? What should be the trading strategy? Here is your trading guide for stock market today

Vedanta faces Rs 1.71 crore penalty in FY18 GST dispute over cenvat credit

Vedanta plans to challenge GST orders as it disputes penalties over transitional credit from FY18

India's market capitalisation-to-GDP ratio third-highest despite correction

The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year. It is the highest on record after December 2007 and September

Swiggy shares hit record high as Bolt makes waves across India

Swiggy shares soared 9.4% today, 3 December, on the BSE, hitting a record high of Rs 542.1 per share. Watch the video to know why.

Cipla promoters may sell 1.72% stake worth Rs 2,000 crore via block deal

The floor price for the Cipla share sale has been set at Rs 1,442 per share, reflecting a 6 per cent discount to the current market price

Sensex, Bankex, and Sensex 50 expiry days to change from 1 January 2025

The weekly contracts of Sensex will expiry on Tuesday of every week instead of Fridays, the BSE said

Oceanic Foods pays Rs 12.22L to settle disclosure lapses case with Sebi

Oceanic Foods Ltd (OFL), a BSE-listed entity, is engaged in the business of production and sale of dehydrated spices and vegetables

Grid Equipments to divest 8.38% stake in GE Vernova T&D through OFS

Grid Equipments, the promoter of GE Vernova T&D India, on Monday said it will divest up to 8.38 per cent of its holding in the company through an offer for sale (OFS) mechanism. The proposed OFS will open on Tuesday and conclude on Wednesday. The sale will involve a base offer of 1.4 crore equity shares (5.47 per cent of paid-up equity) with an option to oversubscribe by an additional 74.51 lakh shares (a 2.91 per cent stake), collectively amounting to 2.14 crore shares, amounting to an 8.38 per cent with a face value of Rs 2 each. The seller has fixed a floor price of Rs 1,550 per share. The transaction will be executed through a separate trading window on the BSE and the NSE, the company said in a regulatory filing exchanges. On November 26, non-retail investors will have the opportunity to bid during trading hours, with the option to carry forward unallocated bids to the second day. Retail investors and eligible non-retail bidders can participate on November 27, with 10 per ...

OTET Result 2024 released: Here's how to download BSE Odisha results

Board of Secondary Education, Odisha (BSE Odisha) has announced the OTET Result 2024 on 22 November 2024. Here's how to check and download

Asia Index launches BSE Select IPO to measure newly listed stocks

Asia Index Private Ltd, a subsidiary of BSE, on Monday announced the launch of a new index - BSE Select IPO - to measure the performance of newly listed stocks on the bourse either through a public issue or spin-off/demerger process. Stocks are included in the index based on three primary criteria -- full market capitalisation, liquidity and minimum listing history of three months, Asia Index said in a statement. This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of new companies across all the major sectors in India. Also, it can be used for benchmarking portfolio management service (PMS) strategies, mutual fund schemes and fund portfolios. "2024 has been a spectacular year for new listings with India emerging among the top 3 markets globally both in terms of monies raised and companies listed. The strong showing of new listings is expected to continue as companies look at unlocking values and planning for thei

Q2 results today: Hero MotoCorp, HAL, Glenmark among 1,181 to post earnings

Q2 results today, November 14: Lemon Tree Hotels, Bharat Forge, Grasim Industries, Muthoot Finance, and Medanta to post Q2FY25 earnings on Thursday