Page 19 - Nse

Investec initiates coverage on Belrise Ind, eyes 27% upside; do you own?

According to analysts at Investec, Belrise is well placed for growth as it expands it OEM ties, rolls out new products and improves ASP via premiumisation

Dev Accelerator makes flat D-street debut at ₹61; misses GMP estimates

On the BSE, Dev Accelerator stock opened at ₹61.3, marginally up from the issue price of ₹61. The listing price of Dev Accelerator was below the grey market estimates

CBI files supplementary chargesheet in NSE co-location scam case

The CBI has filed a supplementary chargesheet in connection with the NSE co-location case against a number of brokers, officials said on Tuesday. The agency had continued its probe against brokers who allegedly benefitted from the scam, while its findings against former NSE MD and CEO Chitra Ramkrishna and others were submitted in its chargesheet filed before a special CBI court in 2022. The supplementary chargesheet filed before a special court on Monday details the role of broker firms allegedly involved in the scam and their modus operandi. The CBI had registered an FIR against stock trader Sanjay Gupta and OPG Securities on May 28, 2018, under IPC sections related to criminal conspiracy, Information Technology Act, and provisions of Prevention of Corruption Act. Gupta was chargesheeted along with Ramkrishna and four others in 2022. It was followed by a number of supplementary chargesheets filed in the case. The FIR alleged that certain NSE officials facilitated OPG Securities

Sebi's expanded probe may tighten noose around US trading firm Jane Street

Sebi has broadened its probe into Jane Street beyond Bank Nifty to other indices, with early findings suggesting wider market manipulation than seen in the July order

Saatvik Green Energy IPO opens on Sept 19, sets price band at ₹442-465

Saatvik Green Energy aims to raise ₹900 crore through a combination of fresh issue of 15.1 million equity shares worth ₹700 crore and OFS of 4.3 million shares worth ₹200 crore

Urban Company IPO subscribed 103.6 times on final day of bidding

The Gurugram-based company plans to raise Rs 472 crore through selling new shares, and existing investors plan to sell stakes worth Rs 1,428 crore

NSE appoints Srinivas Injeti as its chairperson after year-long vacancy

The move is seen as a step forward in the exchange's long-pending plan to go public

Dev Accelerator IPO opens on Sept 10; key risks, strengths you must know

Dev Accelerator IPO will open for bidding on Wednesday, September 10, 2025 and close on Friday, September 12, 2025

Glass Wall Systems files DRHP for IPO, aims to raise ₹60-cr; check details

Glass Walls Systems (India), a Mumbai-based premium façade solutions and fenestration provider, has filed a DRHP with the Sebi for its maiden public issue

BSE, NSE impose fresh fines on Dish TV over lack of proper board strength

Direct-to-home operator Dish TV has been penalised again by leading bourses BSE and National Stock Exchange (NSE) over composition and lack of quorum on its board, according to a regulatory filing by the company. Dish TV, which has been embroiled in a tussle at the board level for the last few years among its promoters, was fined by the bourses in 2023 and 2024 for the same reason. It has received a latest notice on August 29 from the bourses, wherein a fine has been imposed on the company, for non-compliance of Regulations 17(1) and 19 (1)/(2) of the Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), for the quarter ended June 30. "The above-mentioned non-compliances in respect to reduction in the board strength was on account of non-approval of shareholders for the appointment of directors and that the same was beyond the control of the board or the company," Dish TV said. Moreover, the company has also been advised by the bourses to

Indian stock markets remain stable on strong fundamentals: NSE CEO Chauhan

Indian stock markets remain well-anchored on the strength of the country's fundamentals - a sustained high economic growth rate, robust savings pools, strong banking balance sheets, a reform-driven agenda, and a rapid wave of digitisation, NSE Managing Director and CEO Ashishkumar Chauhan said on Thursday. Acknowledging the ongoing turbulence in equities, he noted that domestic markets are positioned to absorb global volatility while continuing to offer long-term stability and opportunity to investors. His remarks come at a time when Indian benchmarks have been reeling under pressure, with renewed trade tensions and fresh US tariffs sparking a wave of selling. Reflecting the impact, the 30-share BSE Sensex tanked 705.97 points to close at 80,080.57 on Thursday, while the 50-share NSE Nifty dropped 211.15 points to 24,500.90. This follows Tuesday's sharp fall, when the Sensex lost 849.37 points and the Nifty declined 255.70 points. The additional 25 per cent tariff imposed by the US

Stock Market Holiday: Are NSE, BSE closed today for Ganesh Chaturthi 2025?

Stock Market Holiday: Indian equity markets will remain closed for trading today on account of Ganesh Chaturthi

Vikran Engineering garners 2.38 times subscription on Day 1 of IPO

The initial public offering of Vikran Engineering, an infrastructure EPC company, garnered 2.38 times subscription on the first day of bidding on Tuesday. The initial share sale received bids for 13,97,19,696 shares against 5,87,39,128 shares on offer, according to data available with the NSE. Non-institutional investors part attracted 5.15 times subscription, while the quota for retail individual investors got subscribed 2.32 times. Qualified institutional buyers part fetched 41 per cent subscription. Vikran Engineering on Monday mobilised Rs 231.6 crore from anchor investors. The Rs 772-crore initial public offering (IPO) will open for subscription on August 26 and will conclude on August 29. The price band has been set at Rs 92-97 per share. The IPO is a mix of fresh issue of shares of about Rs 721 crore and an offer-for-sale portion worth Rs 51 crore by the promoter. The Mumbai-based company intends to utilise proceeds from the fresh issue to the tune of Rs 541 crore for fund

JM Financial initiates coverage on ITC Hotels, sees 12% downside: Check why

JM Financial highlighted that ITC Hotels has delivered a 22 per cent CAGR in Ebitda over FY23-25, driven by strong RevPAR growth

AB Capital, Asahi India among top stock picks for today; Check target here

On the monthly chart, Aditya Birla Capital stock has registered a breakout after a prolonged seven-year consolidation phase, often signaling the onset of a strong directional move

Mangal Electrical IPO booked 10x; check allotment status, GMP, listing date

Mangal Electrical IPO allotment status: Investors can check their status on the official websites of the NSE, BSE and Bigshare Services

Gem Aromatics' ₹451 cr IPO subscribed 30.27 times at ₹309-325 price band

The initial public offer of speciality ingredients manufacturer Gem Aromatics Ltd got subscribed 30.27 times on the last day of share sale on Thursday. The IPO received bids for 29,61,15,202 shares against 97,82,363 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) part got subscribed 55.28 times, while the category for non-institutional investors received 45.06 times subscription. The quota for Retail Individual Investors (RIIs) fetched 10.31 times subscription. Gem Aromatics on Monday mobilised over Rs 135 crore from anchor investors. The price band has been fixed at Rs 309 to Rs 325 per share. The IPO is a mix of fresh issue of equity shares worth up to Rs 175 crore and an offer for sale (OFS) of up to 85 lakh shares valued at Rs 276.25 crore. Proceeds from the fresh issue will be used by Gem Aromatics for debt repayment and general corporate purposes. Gem Aromatics is a manufacturer of speciality ingredients, including essential oils, aroma chemicals, a

Vikram Solar's ₹2,079 cr IPO subscribed 54.63 times on strong demand

Solar module maker Vikram Solar's initial public offer garnered 54.63 times subscription on the last day of bidding on Thursday. The IPO received bids for 2,47,81,57,740 shares against 4,53,61,650 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched a huge 142.79 times subscription. Non Institutional Investors' part received 50.90 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 7.65 times. Vikram Solar on Monday mobilised Rs 621 crore from anchor investors. The Rs 2,079-crore initial public offering (IPO) has a price band of Rs 315 to Rs 332 per share. The IPO includes fresh issues of equities worth up to Rs 1,500 crore and an offer for sale (OFS) of over 1.74 crore shares, valued at around Rs 579.37 crore at the upper end of the price band, by its promoters. Of the fresh issuance, the company plans to use the proceeds for funding capital expenditure for investment in its wholly owned subsidiary,

Sebi extends deadline till December for Karvy investors to file claims

Markets regulator Sebi on Thursday extended the deadline till December for investors of defaulted broker Karvy Stock Broking Ltd (KSBL) to file their claims. KSBL was declared a defaulter by the National Stock Exchange (NSE) on November 23, 2020. Following this, investors were invited to submit claims against the broker, with the final date for submission set as June 2, 2025. Now, the regulator has "decided to extend the deadline till December 31, 2025". Investors have been suggested to take note of the deadline and are urged to file their claims before the deadline, if not lodged already, Sebi said in its statement. For assistance, investors can reach out to NSE by calling its toll-free number 1800 266 0050 or by e-mailing at defaultisc@nse.co.in, it added. In April 2023, Sebi barred KSBL and its CMD C Parthasarathy from the securities market for seven years and also imposed a penalty of Rs 21 crore on them for misappropriating clients' funds by misusing the Power of Attorney gi

Gem Aromatics IPO subscribed 2.9 times on second day of bidding

Speciality ingredients manufacturer Gem Aromatics's Rs 451-crore initial public offer garnered 2.90 times subscription on the second day of bidding on Wednesday. The three-day IPO received bids for 2,83,51,410 shares against 97,82,363 shares on offer, as per NSE data. Non-institutional investors category got subscribed 3.95 times, while the quota for Retail Individual Investors (RIIs) received 3.19 times subscription. Qualified Institutional Buyers (QIBs) part fetched 1.54 times subscription. Gem Aromatics on Monday mobilised over Rs 135 crore from anchor investors. The Rs 451-crore IPO will conclude on Thursday. The price band has been set at Rs 309 to Rs 325 per share. The IPO is a mix of fresh issue of equity shares worth up to Rs 175 crore and an offer for sale (OFS) of up to 85 lakh shares valued at Rs 276.25 crore. Proceeds from the fresh issue will be used by Gem Aromatics for debt repayment and general corporate purposes. Gem Aromatics is a manufacturer of speciality ...