Page 138 - Markets

Stock exchanges freeze more promoter demat accounts for non-compliance

The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12

Near-term concerns will weigh on Samvardhana Motherson's profit margins

Going ahead, brokerages expect pressure on margins due to demand pressures and increased costs

Shreeji Shipping Global IPO garners 6.59 times subscription on day 2

The initial public offer of Shreeji Shipping Global Ltd, a provider of shipping and logistics solutions for dry bulk cargo, garnered 6.59 times subscription on the second day of share sale on Wednesday. The three-day share sale received bids for 7,51,80,354 shares against 1,14,08,600 shares on offer, according to NSE data. Non-Institutional Investors quota fetched 11.22 times subscription, while the category for Retail Individual Investors (RIIs) got subscribed 6.99 times. Qualified Institutional Buyers (QIBs) part received 2.42 times subscription. The Rs 411-crore initial share sale of Shreeji Shipping Global Ltd received 2.13 times subscription on the first day of the share sale on Tuesday. Shreeji Shipping Global Ltd on Monday mobilised more than Rs 123 crore from anchor investors. The initial public offering (IPO), with a price band of Rs 240-252 per share, would be available for subscription till Thursday. Shreeji Shipping Global's IPO is entirely a fresh issue of 1.63 crore

Rupee weakens on US Treasury Secretary's tariff comments; ends at 87.07/$

Indian Rupee today: The domestic currency closed 12 lower at 87.07 against the dollar on Wednesday, according to Bloomberg

Stock Market Close Highlights: Sensex up 213 pts, Nifty atop 25,000; Infy jumps 4%, Nazara sheds 13%

Stock Market Highlights on Wednesday, August 20, 2025: IT stocks led by Infosys helped the benchmark indices record gains for the fifth straight day. The IT major surged 4 per cent.

Here's why this civil construction stock climbed 4% in trade on August 20

The northward movement in the company's share price came after the company announced to shareholders that it has secured new construction projects totaling a cumulative value of ₹174 crore

Innovatiview India, Park Medi World, 3 others get Sebi nod for IPO launch

Innovatiview India, Park Medi World, Runwal Enterprises, Jinkushal Industries and Advance Agrolife received Sebi's go-ahead to launch their maiden public issues

Vedanta shares fall 3% as Centre objects to demerger; NCLT defers hearing

The NCLT deferred the hearing on Vedanta's proposed demerger after serious objections raised by the central government

Centum Electronics shares hit record high on inking MoU with BEL

Centum Electronics shares hit a record high after it signed an MoU with BEL for strategic collaboration in defence electronics

Angel One AMC launches Gold ETF, Gold ETF Fund of Fund: Who should invest?

Angel One Gold ETF will be listed on NSE, offering liquidity and ease of trading, and will hold 99.5 per cent pure gold

Breakout stock: Ola Electric shares sprint 23% in 2 days on volume surge

Ola Electric shares have seen huge volume surge on the counter over the past two days amid bulk deals. Technical charts show a "strong buy signal" for the electric two-wheeler stock

Servotech Renewable stock jumps 7% on solar power order; check details here

Servotech Renewable's stock was trading 5.5 per cent higher at ₹131.5 per share compared to the previous session's close of ₹124.62 on the NSE

Globe Civil Projects shares gain 5% on ₹222 crore order win; details here

Globe Civil Projects shares rose 5 per cent on bagging a ₹222.2 crore order for the construction of a Cricket Stadium in Haryana

Nazara slides 7%, Delta recoups losses; should you sell on RMG crackdown?

Dream11, MPL, Rummy and Poker operators would be the other unlisted companies that will face direct impact from the draft legislation

Bumper debut! Regaal Resources lists at 39% premium, beats GMP forecasts

Regaal Resources' shares opened at ₹141 on the NSE, reflecting a premium of 38.2 per cent over the issue price of ₹102

Rupee rally pauses after best session in 6 weeks; opens weaker at 87.16/$

Indian Rupee today: The domestic currency opened 21 lower at 87.16 against the dollar on Wednesday, according to Bloomberg

Dividend stocks: HAL, RVNL, 12 others go ex-date on Aug 21; do you own any?

Here is the complete list of stocks that will trade ex-dividend on August 21, along with their key details

Mangal Electrical Industries garners ₹120 crore from anchor investors

Transformer components manufacturer Mangal Electrical Industries on Tuesday mobilised Rs 120 crore from anchor investors, just a day before its initial share-sale opening for public subscription. The institutional investors who participated in the anchor round included Abakkus Diversified Alpha Funds, LC Pharos Multi Strategy Fund VCC, Societe Generale, Finavenue Capital Trust, Swyom India Alpha Fund, Sundaram Alternative Investment Trust, Imap India Capital Investment Trust, Sunrise Investment Trust and Aarth AIF Growth Fund, according to a circular uploaded on BSE's website. As per the circular, the company has allotted 21.39 lakh equity shares to these institutional investors at Rs 561 apiece, taking the total fundraising to Rs 120 crore. The IPO -- entirely a fresh issue of shares worth Rs 400 crore -- will open for public subscription on August 20 and conclude on August 22. The price band has been fixed at Rs 533 to Rs 561 per share. Proceeds from the fresh issue will be used

Tax relief on inherited shares: Sebi floats proposal for smoother transfer

Sebi steps in to clear tax confusion over inherited shares, proposing a fix to stop nominees from being wrongly taxed before passing assets to heirs

Rupee surges to highest level in August; ends 40 paise higher at 86.95/$

Indian Rupee today: The domestic currency closed 40 paise or 0.45 per cent higher at 86.95 against the dollar on Tuesday