Page 31 - Bse

At Rs 3 trillion, corporate guarantees highest in 4 years but far from peak

Despite this steep rise, total outstanding corporate guarantees are still 28 per cent lower than the record high of Rs 4.23 trillion at the end of FY14

Adani Green Energy announces incorporation of two step down subsidiaries

Adani Green Energy on Friday announced the incorporation of two step down subsidiaries Adani Renewable Energy Fifty Six Ltd and Adani Renewable Energy Fifty Seven Ltd. "Adani Renewable Energy Holding Nine Ltd, a wholly-owned subsidiary of the company, has incorporated two wholly-owned subsidiaries, namely, Adani Renewable Energy Fifty Six Ltd (ARE56L) and Adani Renewable Energy Fifty Seven Ltd (ARE57L) on December 14, 2023," a BSE filing stated. Both step down subsidiaries have authorised as well as paid-up share capital of Rs 1 lakh each. The main objective of the new subsidiaries is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy, as per the filing. Adani Renewable Energy Holding Nine Ltd, a wholly owned subsidiary of the company, holds 100 per cent share capital of ARE56L and ARE57L. The new subsidiaries were registered with the Registrar of Companies,

Market cap of BSE-listed firms jumps to record high of Rs 354.41 trillion

The market capitalisation of BSE-listed companies surged to an all-time high of Rs 354.41 lakh crore in early trade on Thursday, with investors becoming richer by Rs 3.22 lakh crore, as the benchmark Sensex hit its all-time high level driven by a rally in global equities. Global markets rallied after the US Federal Reserve kept its key interest rate unchanged and signalled that they expect to make three quarter-point cuts to their benchmark interest rate next year. The 30-share BSE Sensex jumped 955.4 points to hit its all-time peak of 70,540 during the early trade. The market capitalisation (mcap) of BSE-listed firms hit a record high of Rs 3,54,41,617.18 crore during the early trade. Investors' wealth climbed by Rs 3,22,385.27 crore from Rs 3,51,19,231.91 crore on Wednesday. Among the Sensex firms, Infosys, HCL Technologies, Bajaj Finance, Tech Mahindra, Wipro and IndusInd Bank were the major gainers. Power Grid, Asian Paints, Nestle and Hindustan Unilever were among the ...

Tata group companies, Larsen & Toubro top mcap gainers in market boom

The construction and engineering major Larsen & Toubro (L&T), however, tops in terms of percentage gains as the company added an additional Rs 2.4 trillion, or 49.1 per cent

Manu Ahuja, MD &CEO of Jubilant Agri and Consumer Products, passes away

Ahuja was appointed as MD and CEO in May 2018. Manu Ahuja was an alumnus of XLRI Jamshedpur and Thapar Institute of Engineering, Patiala

BSE-listed firms' market valuation touch record high of Rs 337.67 trillion

The combined market capitalisation of BSE-listed companies hit an all-time high of Rs 337.67 lakh crore (USD 4 trillion) on Friday amid a rally in equities, mainly on account of favourable macroeconomic data and continuous foreign fund inflows. Rising for the fourth straight day, the 30-share BSE Sensex jumped 492.75 points or 0.74 per cent to settle at 67,481.19 points. During the day, it rallied 575.89 points or 0.85 per cent to 67,564.33 points. In four days, the benchmark index has surged 1,511.15 points or 2.29 per cent. Amid the optimistic trend in equities, the market capitalisation of BSE-listed firms soared to Rs 337.67 lakh crore, translating to USD 4 trillion at the exchange rate of 83.30. In four days of the market rally, investors' wealth have gone up by Rs 8.95 lakh crore. The combined market valuation of all listed companies on the BSE reached the USD 4 trillion-milestone for the first time ever on Wednesday. The 30-share benchmark hit its all-time peak of 67,927.2

Tata Technologies IPO listing tomorrow: Here's what the experts expect

Tata Technologies IPO subscription: It was subscribed 69.43 times as of the final day of subscription on November 24, driven by high participation from institutional buyers

Market cap of BSE-listed firms hits record high of Rs 331 trillion

The combined market capitalisation of BSE-listed firms hit an all-time high of Rs 331 lakh crore on Tuesday and is just shy of entering the landmark USD 4-trillion club. At the end of trade, the market capitalisation of BSE-listed companies reached Rs 3,31,05,425.71 crore, which translates to USD 3.97 trillion at the current exchange rate of 83.34, thanks to a fag-end recovery in the equity market after a highly volatile trade. On May 24, 2021, the market capitalisation of all listed companies on the BSE touched the USD 3-trillion mark. The 30-share BSE benchmark Sensex hit its all-time peak of 67,927.23 on September 15, this year. While the BSE benchmark Sensex has rallied 5,333.46 points, or 8.76 per cent, so far this year, the market capitalisation (mcap) of all listed firms at its platform has jumped Rs 48.67 lakh crore. The 30-share BSE Sensex climbed 204.16 points or 0.31 per cent to settle at 66,174.20 on Tuesday. "After last week's range-bound trend, markets registered ga

Fag-end buying lifts Sensex 204 pts, Nifty near 19,900; Adani stocks zoom

Closing Bell on November 28, 2023: Adani Enterprises (up 9 per cent), Adani Ports (5.5 per cent), BPCL, Tata Motors, Coal India, ONGC, Bajaj twins were the top gainers

Jefferies initiates coverage on BSE with a 'buy' call, 24% upside

Shares of the BSE on Friday closed at Rs 2,180, after having jumped 4 times in the past six months

Stock market holiday: BSE, NSE closed today due to Guru Nanak Jayanti

Stock market holiday today: Including November 27, the Indian stock market has remained closed for 13 weekdays so far in 2023

NSE, BSE impose Rs 5,42,800 fine each on Power Grid Corp for non-compliance

Leading exchanges BSE and NSE have imposed a fine of Rs 5,42,800 each on state-owned Power Grid Corporation for not having the required number of independent directors, including one woman. The NSE and BSE have imposed a fine of Rs 5,42,800 for non-compliance, Power Grid Corporation said in a regulatory filing said. It informed that the company has received notices from NSE and BSE on November 21, 2023, regarding non-compliance with the provision of Regulation 17(1) of the Sebi (LODR) for not having a requisite number of independent directors (including one woman independent director) on the Board during the quarter ended September 30, 2023. The company said that in response to the notices, it has requested NSE and BSE to grant a waiver of the fine with regard to non-compliance of Regulation 17(1) of the Sebi (LODR), Regulations, 2015. Powergrid, being a government company within the meaning of Section 2(45) of the Companies Act, 2013, the power to appoint functional/Official ...

BSE, CDSL, KFin Tech: Rally in exchange-related stks may halt, say analysts

BSE, CAMS, CDSL, KFin Tech: With market buoyancy to keep up the pace, the long-term view remains robust, but there is likely not much upside in the medium-term after the recent gains, analysts said

Markets end with modest gains, Sensex up 92.47 points in volatile trade

In a choppy session, the 30-share BSE Sensex climbed 92.47 points or 0.14 per cent to settle at 66,023.24. During the day, it fell to a low of 65,664.85 and touched a high of 66,063.43

BSE, NSE slap Rs 11.22 lakh fines on Adani Green Energy for non-compliance

Leading exchanges BSE and the NSE have imposed fines totalling Rs 11.22 lakh on Adani Green Energy for non-compliance with certain listing regulations. The two exchanges imposed fines of Rs 5.61 lakh each on the company. "BSE Ltd and the National Stock Exchange of India Ltd have, vide their letter dated November 21, 2023 (received by us at 6.30 pm ant 8.30 pm, respectively), imposed a fine of Rs 5,61,680 each on the company," the company said in a regulatory filing. As per the filing, the company wishes to also clarify that the company has already appointed two more independent directors effective September 7 and changed the composition of committees thereafter and after which, the company is in full compliance of Regulation 17(1) and 19(1) of the Sebi Listing Regulations effective from September 7, 2023. Regulation 17(1) of the Sebi Listing Regulations provides for requirements pertaining to the composition of the Board, including failure to appoint a woman director. Regulation 1

Equity investors become richer by Rs 3.29 trn as markets rally over 1%

Investors' wealth surged Rs 3.29 lakh crore on Wednesday, driven by a robust rally in the equity markets. The 30-share BSE Sensex jumped 742.06 points or 1.14 per cent to settle at 65,675.93. During the day, it zoomed 813.78 points or 1.25 per cent to 65,747.65. The market capitalisation of BSE-listed firms rallied Rs 3,29,520.27 crore to reach Rs 3,25,40,108.97 crore. "The market's strong gap-up jump in response to positive global cues on account of the softer than anticipated US and UK inflation data highlights the optimism for an end to the interest rate cycle, as evidenced by the ease in bond yields. "This is likely to draw FII flows into emerging markets, which is good for India considering the current better earnings season and the festive demand pick-up. The drop in the CPI for India also improved the mood," said Vinod Nair, Head of Research at Geojit Financial Services. Among the Sensex firms, Tech Mahindra, Tata Motors, Infosys, Wipro, Tata Steel, Tata Consultancy Service

BSE shares soar 8%, hit record high on 4x jump in Q2 profit

The board of directors of BSE has approved the fund infusion of Rs 22.36 crores in India India INX and Rs 33.88 crore in India International Exchange (IFSC)

BSE Q2 net profit jumps to Rs 118 crore, revenue at record Rs 367 crore

Leading stock exchange BSE has reported a four-fold jump in net profit at Rs 118.4 crore for the quarter ended in September 2023. In comparison, the exchange had posted a net profit of Rs 29.4 crore in the year-ago period, BSE said in a statement. The bourse's revenue rose 53 per cent to a record Rs 367 crore in the July-September quarter of the current financial year (FY24), from Rs 240 crore in the year-ago period. "We shall continue to invest in development of human resources, new products, technology infrastructure, etc, and thus pursue long-term growth shareholders and deliver on our mission of Vibrant BSE 2025," the exchange's MD & CEO, Sundararaman Ramamurthy, said. The exchange's average daily turnover in the equity segment increased to Rs 5,922 crore in the quarter under review, from Rs 4,740 crore in three months ended September 2022. Also, the board of directors of BSE in their meeting on Friday have approved the fund infusion of Rs 22.36 crores in India International .

Black Box reports Rs 32 crore profit after tax in July-September quarter

Sustained momentum in new project bookings to the tune of $80 million during the quarter leads to a robust order backlog, said a company statement

Sensex down a tad on unabated foreign fund outflows, weak global trends

Benchmark Sensex declined by 143 points on Thursday amid continuous foreign fund outflows and mixed trends from global markets. In a volatile trade, the 30-share BSE Sensex declined 143.41 points or 0.22 per cent to settle at 64,832.20. During the day, it fell 206.85 points or 0.31 per cent to 64,768.76. The Nifty dipped 48.20 points or 0.25 per cent to 19,395.30. Among the Sensex firms, Hindustan Unilever, Tech Mahindra, Infosys, Reliance Industries, Bajaj Finance, Tata Consultancy Services, Titan and UltraTech Cement were the major laggards. Mahindra & Mahindra, Power Grid, IndusInd Bank, Tata Motors, Larsen & Toubro and Maruti were among the gainers. In Asian markets, Seoul, Tokyo and Shanghai settled in the positive territory while Hong Kong ended lower. European markets were trading mostly in the green. The US markets ended on a mixed note on Wednesday. "Reflecting the mixed global sentiments, the Indian market is mired in a range-bound trend with the Nifty index not able