Page 189 - Markets

Som Distilleries, Apollo Hospitals among top stocks to buy today, May 26

Stocks to Buy Today, May 26, 2025: Apollo Hospitals stock has now broken out of a continuation symmetrical pattern, signaling a potential resumption of the uptrend

Bond market sees more OMO buys after RBI's surplus transfer falls short

Expectations of durable liquidity support via OMO rise after RBI's Rs 2.69-trn dividend transfer disappoints markets and currency leakage trends persist

Secondary market rally triggers IPO market revival hopes, say analysts

60+ IPOs worth ₹1.02 trn ready to harness steady market currents

IPO-bound NSDL posts 5% rise in net profit to Rs 83 cr in Mar quarter

IPO-bound National Securities Depository Ltd (NSDL) on Sunday reported a 4.77 per cent rise in consolidated net profit to Rs 83.3 crore for the three months ended March 2025. The company had posted a net profit of Rs 79.50 crore in the same quarter of the preceding fiscal. Its total income rose 9.94 per cent to Rs 394 crore in the quarter under review from Rs 358 crore in the January-March quarter of 2023-24, NSDL said in a statement. For the full fiscal year, the depository's net profit surged 24.57 per cent to Rs 343 crore and total income rose 12.41 per cent to Rs 1,535 crore over FY24. The depository's board of directors has recommended a final dividend of Rs 2 per equity share for the financial year FY 2024-25, subject to the approval of the shareholders. NSDL facilitates the holding and transfer of securities in dematerialised form. Its demat account holders were in more than 99 per cent of pin codes in India and 186 countries across the world, with over 63,000 service centr

Belrise Industries IPO subscribed 41.3 times on last day of offer

The initial public offer of automotive components maker Belrise Industries got subscribed 41.30 times on the closing day of bidding on Friday, helped by encouraging participation from institutional buyers. The Rs 2,150-crore initial share sale received bids for 7,31,30,36,542 shares against 17,70,58,824 shares on offer, according to data available with the NSE. The category for Qualified Institutional Buyers (QIBs) received 108.35 times subscription while the quota for non-institutional investors got subscribed 38.33 times. The portion for Retail Individual Investors (RIIs) fetched 4.27 times subscription. Belrise Industries on Tuesday garnered Rs 645 crore from anchor investors. The IPO is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP). The issue has a price band of Rs 85-90 per share. Going by the prospectus, the company intends to utilise proceeds worth Rs 1,618 crore for the payment of debt.

Datanomics: One in four listed CPSEs falls short of Sebi's MPS norm

Of 79 listed CPSUs and financial institutions, 21 have not met SEBI's public shareholding requirement, with nearly half of them from the financial sector

Scoda Tubes sets sets price band at Rs 130-140/share for its Rs 220 cr IPO

Stainless-steel tubes and pipes manufacturer Scoda Tubes on Friday fixed a price band of Rs 130-140 per share for its Rs 220-crore initial public offering (IPO). The IPO will open for public subscription on May 28 and conclude on May 30. The one-day bidding for anchor investors will open on May 27, the Gujarat-based company said in a statement. Scoda Tubes' IPO is entirely a fresh issue of equity shares, aggregating up to Rs 220 crore with no offer for sale (OFS) component. Proceeds of the issue will be used to expand the production capacity of seamless and welded tubes and pipes, working capital requirements and general corporate purposes. The company is valued at around Rs 840 crore at the upper end of the price band, the brokerages said. Half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors. The company is a stainless-steel tubes and pipes manufacturer, caterin

Tata group earnings mirror India Inc show as FY25 profit dips marginally

The combined consolidated adjusted net profit of listed Tata group fell 0.1 per cent Year-on-Year to Rs 90,547 crore in FY25 from Rs 90,630 crore in the previous financial year

ITC's gains depend on margin recovery and revival in FMCG segment

ITC's Q4FY25 net profit rose 0.8 per cent on strong cigarette volumes but pressure in FMCG and paperboards hit margins, with rural demand holding the key

Defence stock rally spells relief for dedicated mutual fund schemes

A sharp rebound in defence stocks has helped sector-focused mutual fund schemes recover steep losses, offering relief to investors who entered after the 2024 peak

Weak guidance, higher costs to weigh on Sun Pharma's FY26 outlook

Sun Pharma's FY26 revenue guidance disappoints Street expectations as higher specialty product costs in the US prompt brokerages to cut earnings estimates

Sebi directs entities to make digital KYC accessible for disabled users

The market regulator has issued a revised set of frequently asked questions (FAQs) that provide detailed guidance for intermediaries to open accounts for individuals with disabilities

Sensex jumps 769 pts, Nifty above 24,850; bulls charge with FMCG, IT stocks

The Sensex settled at 81,721.63, up 769.09 points or 0.95 per cent, while the Nifty50 closed at 24,853.15, gaining 243.45 points or 0.99 per cent.

Nikita Papers IPO opens on May 27: Check price band, GMP, key dates, more

Nikita Papers has set the price band for its IPO in the range of ₹94 to ₹104 per equity share

Bondada Engineering shares soar 10% on ₹9,000 crore solar project win

Shares of Bondada Engineering surged 10 per cent to hit an upper circuit, after it landed an order worth ₹9,000 crore from Andhra Pradesh

How much upside can ITC stock see post Q4 results? Find out here

Technically, ITC share price has been consolidating around its 200-DMA for more than a month; the weekly chart suggests that upside on the stock seems capped around ₹461 for now.

MTAR Tech shares surge after strong Q4 earnings; profit up multifold

MTAR Tech's stock rose as much as 4.83 per cent after it reported a multifold increase in its Q4 net profit

ITC Hotels shares rally 11% in 3 days, hits new high on healthy outlook

ITC Hotels share price: A favorable demographic profile, steady domestic demand and rising consumption levels augur well for the hospitality industry in India

Why is Emkay Global constructive on Indian equities? Check why, top picks

With most of the events taking a back seat, the markets have been trading sideways, looking for a direction; Here's what Emkay recommend

Unified Data-Tech IPO day 2 update; subscription at 2x, GMP rises to 37%

Unified Data-Tech IPO subscription status Day 2: The demand was led by retail investors, who bid for over 3.83 times the reserved quota