Hazel Infra, Swan Defence's promoter, is looking to sell up to 26.39 lakh equity shares, representing a 5.01 per cent stake, through the two-day OFS
Motilal Oswal anticipates implementation of commission caps may disrupt bancassurance economics, posing near-term risks to new business growth and distribution expansion.
Urban company shares are in focus after about 35 million shares, or a 2.5 per cent stake, changed hands on NSE, according to Bloomberg
The buying came after the company entered into a development agreement for lands situate at Aram Nagar, Versova, Andheri West, Mumbai
The company informed the exchanges that Waaree Solar Americas Inc (WSA), its wholly owned subsidiary, has completed the acquisition of 5,368,551 Series B preferred shares of United Solar Holding Inc
Redington share price today: Redington shares are under pressure after the company said that its step-down subsidiary, Redington Gulf FZE, is operating in a restricted manner in the Gulf region
Individually, GMDC shares gained 3.6 per cent on BSE, logging a day's high at ₹551.5 per share on BSE, and NMDC shares rose 1.6 per cent to touch an intra-day high at ₹78.81 per share
The acquisition covers trademarks, domain names, social media accounts, and associated goodwill of the Morphy Richards brand across India, Nepal, Sri Lanka, Bangladesh, the Maldives, and Bhutan
Following the announcement, the company's share price surged as much as 18.06 per cent to hit an intraday high of ₹80.98 per share on the NSE
Individually, Andhra Cements shares hit 10 per cent upper circuit at ₹56 per share on BSE and Sagar Cements shares rose 1.9 per cent to touch intra-day high at ₹175 per share
Tensions in West Asia is expected to support sustained demand for defence equipment such as missiles, air-defence systems, surveillance technologies, and electronic warfare solutions, believes MOFSL
The selling on the counter came after Alkyl Amines informed that the West Asia conflict has led to disruptions in logistics networks, and international crude oil and petrochemicals supply chains.
Power Mech Projects said it has secured an operations and maintenance contract worth ₹709.56 crore from Adani Infrastructure Management Services
The brokerage remains structurally positive on Hindalco, considering favourable LME, its strategic expansion aligned with a robust domestic outlook, and a strong balance sheet
Analysts see the sharp correction in stock prices and dislocation in parts of the market as an opportunity for investors to review their portfolios and make appropriate changes.
Till 12:57 PM on Monday, a combined 19.96 million shares representing 1.23 per cent of Bandhan Bank's total equity changed hands on the NSE (19.15 million shares) and BSE (0.81 million shares).
Axis Securities has set a target price of ₹290 per share, implying a potential upside of 10 per cent from Friday, March 13, closing price of ₹263 on the NSE
The northward movement in the state-owned company's share price is aided by heavy trading volumes
Fino Payments Bank shares slumped 19.5 per cent in trade on the BSE, touching an all-time low at ₹136 per share and hovering near its 20 per cent lower circuit
Adani Power stock was trading at ₹151.35, up by 3.3 per cent from the previous session's close of ₹146.57