Raymond proposed to demerge its realty business in July 2024. According to the company, the move would unlock the value for shareholders and harness growth potential in the Indian real estate market
At 9:27 AM, Tata Power shares were trading 0.08 per cent lower at ₹396.70. In comparison, BSE Sensex was trading 0.28 per cent lower at 81,100.55 level.
Traders should maintain a stock-specific approach and use this consolidation phase to accumulate fundamentally strong names
The ex-date for a demerger is the date on which shares of the parent company start trading without the right to receive shares of the demerged (spun-off) company
Sensex Today | Stock Market Close Highlights: Among the sectoral indices, Nifty Metal, realty, oil & gas, IT, energy and media were the top gainers, rising up to 2.46 per cent
Nifty Metal index edged higher in trade and Tata Steel was the top gainer. Check all details here
In the past one year, HAL shares have gained 13 per cent as against Sensex's rise of 11 per cent
HBL Engineering's stock rose as much as 8.2 per cent during the day to ₹549.8 per share, the highest level since February 10 this year
Shares of the agrochemicals firm Coromandel traded muted, even as it was included in the MSCI Global Standard Index
KPI Green Energy's stock rose as much as 7.7 per cent during the day to ₹447.1 per share, taking the three-day rally to over 28 per cent
At 10:30 AM, Bharti Hexacom shares were off record highs, and were trading merely 0.9 per cent higher at ₹1,721. In comparison, BSE Sensex was trading 0.64 per cent at 81,669.84 level.
Tata Motors' consolidated net profit tanked 51.2 per cent year-on-year (Y-o-Y) to ₹8,556 crore in the March quarter of financial year 2025 (Q4FY25), from ₹17,528 crore in Q4FY24.
Dalmia Bharat share price: In the past one year, Dalmia Bharat shares have gained 9.2 per cent as against Sensex's rise of 11 per cent.
There will be no deletions taking place from the Global Standard Index
At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.
Sensex Today | Stock Market Close Highlights: Among the sectoral indices, Nifty Auto, financial services, FMCG, and IT were the major laggards falling by over 1 per cent each
Zaggle Prepaid's stock rose as much as 8.22 per cent during the day to ₹396.7 per share
PB Fintech Q4 results preview: Management commentary around growth, margins, and inclusion of PB connect in new initiative business and new health care venture will be keenly watched
Among the non-PSU Nifty 50 companies, promoter holdings currently stand at 34.4 per cent, the lowest since June 2017
According to the exchange filing, the offer for sale is 6.77 per cent or 89,79,173 equity shares having a face value of ₹10 each