Page 2 - National Stock Exchange Of India Nse

Warburg, Temasek & JP Morgan sell 13.7% stake in CarTrade for Rs 535 cr

Warburg Pincus, Temasek Holdings and JP Morgan Investment on Monday divested a total of 13 per cent stake in CarTrade Tech for Rs 535 crore through open market transactions. Highdell Investment, an arm of US-based Warburg Pincus, sold the shares of CarTrade Tech while Singapore's sovereign wealth fund Temasek Holdings' affiliate MacRitchie Investments offloaded shares of the company on the BSE. CMDB II, a private equity fund run by JP Morgan Investment Management also sold the shares of CarTrade Tech through a bulk deal on the National Stock Exchange (NSE). A total of 64.57 lakh shares or 13.77 per cent stake were pared by Warburg Pincus, Temasek and JP Morgan. According to the bulk deal data available on the BSE, Highdell Investment sold 40.65 lakh shares, amounting to an 8.66 per cent stake in CarTrade Tech. MacRitchie Investments sold 20.32 lakh shares or 4.33 per cent stake in Mumbai-based CarTrade Tech. The shares were sold in the price range of Rs 828-828.58 apiece by the tw

Tube Investments hits 52-week high on inking Rs 160-crore pact with GEF

The surge in stock price came after TII, along with Tl Clean Mobility Private Limited (TICMPL), entered into a Rs 160-crore pact with South Asia Growth Invest III LLC and South Asia EBT Trust III

Castrol India stock price rises over 4% on appointment of Kedar Lele as MD

The uptick in share price came after the company board appointed Kedar Lele as additional director and managing director for 5 years, with effect from November 1

BL Kashyap stock price soars 4% on securing two order worth Rs 1,021 crore

The company secured a major order for civil and composite steel structural works from DLF City Centre Ltd, valued at approximately Rs 924.11 crore

Repco Home shares drop over 2% on CFO resignation; up 28% in 3 months

The fall came after the company announced that K Lakshmi tendered her resignation as chief financial officer (CFO)

KEC International share price rallies 7% on Rs 1,000-crore order win

The surge came on the back of an order win worth Rs 1,002 crore

Stock Market Highlights, May 30: Sensex drops 617 pts, gives up 74K; Nifty below 22,500

Stock Market Highlights on May 30: In the broader markets, the BSE MidCap, and SmallCap indices fell over 1 per cent each

NMDC falls 2% on weak Q4 performance; Rs 7.25 dividend announced in FY24

The state-owned company's profit plunged 37.8 per cent to Rs 1,412.7 crore in the March quarter of financial year 2024 (Q4FY24), from Rs 2,271.5 crore in Q4FY23

Buy & Sell: Top three picks by Anand Rathi for May 28; check target prices

Olectra Greentech stock is now comfortably maintaining its position above this trendline, indicating a strong upward movement.

Infy, Sumitomo Chemical, MTAR Tech; top picks from Anand Rathi for May 27

Over the past few months, Infosys' stock has been consolidating within a narrow trading range, approximately between Rs 1,400 and Rs 1,450

From Goldman Sachs to CLSA, brokerages upbeat on this stock; details here

At 9:17 AM, ITC shares were trading nearly 0.50 per cent lower at Rs 439.45 per share. In comparison, S&P BSE Sensex was down 0.14 per cent at 75,309.65 levels

PSP Projects slips 4% after Q4 profit plunges 66%; check details here

PSP Projects stock fell as much as 4.27 per cent to hit an intraday low of Rs 656.20 per share

Bayer CropScience stock declines 6% on Friday post Q4; Check details here

Bayer CropScience's revenue slipped 19.5 per cent on a year-on-year (Y-o-Y) basis to Rs 792 crore as opposed to Rs 983 crore in the same quarter a year ago

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year

The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates

PG Electroplast soars 11%, hits record high on solid Q4, 1:10 stock split

PGEL forecasts revenues of Rs 3,400 crore, a growth of 23.8 per cent over FY24 consolidated revenues, despite the transfer of the TV business to Goodworth Electronics

Zomato, Paytm: What should investors do with new-age stocks? Analysts weigh

Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent

NSE, BSE special mkt session on Saturday, May 18: Check timing, price bands

NSE, BSE Special session: Here's why stock markets are open on Saturday, May 18

Stocks to keep on your radar on May 17: IIFL Securities, Prince Pipes, KIMS

Across Asia, trading sentiment dipped as retail sales data fell short of street expectations, with a modest 2.3 per cent increase in April compared to the previous year

Strides Pharma rises 3% after US FDA approves Hypocalcemia drug

The rise came after the company announced that the United States Food and Drug Administration (US FDA) has approved its Sevelamer carbonate tablets 800 mg

F&O strategy: HDFC Securities recommends Bear Spread on Bank Nifty

Nandish Shah of HDFC Securities recommends to Buy Bank Nifty 47,500 Put at Rs 546 and simultaneously sell 47,000 put at Rs 360 for May 22 Expiry