MAN Industries (India) Ltd on Monday said it has secured new orders worth Rs 380 crore. The current order book of the company has reached Rs 1,400 crore, MAN Industries (India) said in a statement. The current order book is to be executed within the next six months, it added. Shares of the company surged by more than 9 per cent to hit a 52-week high of Rs 256.80 on BSE following the announcement. Around 1.24 lakh shares were traded on the exchange. On NSE, the stock surged 9.51 per cent to hit a year high of Rs 257.30 as more than 14 lakh shares changed hands on the exchange. Shares of the company were trading 6.98 per cent higher at Rs 250.75 on BSE and 6.38 per cent higher at Rs 249.95 on NSE in the pre-close session. MAN Industries (India) Chairman R C Mansukhani said that these new order wins will further solidify the company's role as a significant contributor to the nation's growth and development. MAN Industries (India) is one of the largest players in LSAW (longitudinal .
Shares of Mankind Pharma, SBFC Finance, and Fusion Micro Finance are likely to attract attention as the lock-in periods related to their initial public offerings (IPOs) come to an end
Over 50% of benchmark index components defy highs
Muhurat Trading session 2023: NSE announced that the stock market will be open for regular trading between 6:15 PM and 7:15 PM on November 12 on the occasion of Diwali
Shares of Blue Jet Healthcare finished over 14 per cent higher during their trading debut
Benchmark Nifty closed below the 19,000-mark once again as overseas funds continued to keep their foot on the selling pedal
The National Stock Exchange (NSE) on Wednesday reported a 13 per cent year-on-year growth in consolidated net profit at Rs 1,999 crore for three months ended September. The consolidated income from operations stood at Rs 3,652 crore for the second quarter under review, a surge of 24 per cent from the year-ago period, NSE said in a statement. Apart from trading, the total revenue was also supported by other revenue lines including listing, index services, data services, and co-location facility, the exchange said. The net profit margins for the July-September quarter of the current financial year 2023-24 (FY24) stood at 50 per cent. During the first half of FY24, NSE contributed Rs18,744 crore to the exchequer, which comprised STT (Securities Transaction Tax) of Rs 14,858 crore, stamp duty (Rs 1,156 crore), GST (Rs 975 crore), Income tax (Rs 1,252 crore) and Sebi (Rs 503 crore). On the trading volumes front, cash markets recorded an average daily traded volume (ADTVs) of Rs 77,757
The data-tracking firm analysed resolutions voted on during AGMs, EGMs, and court-convened meetings between April 1 and September 30, 2023
National Stock Exchange's managing director and chief executive officer Ashish Chauhan on Monday said 17 per cent of Indian households are invested in stocks, and urged investment bankers to get quality companies to the market. Speaking at an event organised by the Association of Investment Bankers of India here, Chauhan said people who are seemingly poor are investing in entrepreneurs because of the trust factor and the number of investors are growing. There are 8 crore unique investors from 5 crore households who are invested, which means 17 per cent of the overall households of the country are directly invested in the stock markets, Chauhan said, adding that initial public offerings (IPOs) by companies are the preferred route for entering the markets. "So let us pray and of course work hard to ensure that only good companies come to the markets," Chauhan said in his address to the investment bankers. He said if the country's largest bourse NSE was a country, it would be 20th ...
The commodities are paddy (non-basmati), wheat, chana, mustard seed and its derivatives, soybean and its derivatives, crude palm oil and moong
Will they weather the tempest of withdrawing Rs 25,305 crore since September, or is a perfect storm brewing for Indian equities?
Timing entry and exit in a single-factor fund is impossible
The National Stock Exchange (NSE) on Monday said it has launched 13 new commodity derivatives contracts, a move that will help investors efficiently manage their risk. With this launch, NSE offers 28 products in the commodity derivatives segment, the exchange said in a statement. The 13 new derivatives contracts that have been launched are 'option on futures' on gold 1kg futures, gold mini futures, silver mini futures, copper futures, zinc futures, gold guinea (8 grams) futures, aluminium futures, aluminium mini futures, lead futures, lead mini futures, nickel futures, zinc futures and zinc mini futures. "With the launch of 13 new products today, futures and options on all key products in energy, bullion, and base metals categories are available on the NSE platform. This will enable participants to efficiently manage their risk across commodities on the exchange platform, " Sriram Krishnan, Chief Business Development Officer, NSE said. Over the last few days, NSE has launched six n
Stock price largely unchanged over the past one year
It opened at Rs 162 compared to the previous day's close of Rs 224
Leading stock exchanges NSE and BSE on Monday kicked off World Investor Week 2023 to boost investor knowledge and promote responsible investing. World Investor Week 2023 (WIW) -- an initiative led by the Securities Exchange Board of India (Sebi) and the International Organization of Securities Commissions (IOSCO) -- is being celebrated from October 9 to October 15, the exchanges said in separate statements. The initiative is a global campaign that promotes investor education and protection. It provides an opportunity for stock exchanges, regulators, and other financial institutions to engage with investors, raise awareness about the importance of investor education, and highlight the various opportunities available in the financial markets. As part of this initiative, the bourses rang the closing bell on Monday to mark the beginning of World Investor Week 2023. "World Investor Week is an important occasion for us to reaffirm our dedication to investor protection and education," NSE
The country's two depository firms, Central Depository Services and the National Securities Depository, added about 3.1 million new accounts
As MCX manoeuvres the regulatory rigmarole over a new trading platform, its better-known rivals NSE and BSE, despite their relatively minuscule market share, are set to launch a major bid on Monday to enter the areas hitherto dominated by the country's largest commodity exchange. MCX (Multi Commodity Exchange of India Ltd) has been under the spotlight for a long time with regard to its transition to a new commodity trading platform from the one developed by its erstwhile promoter Financial Technologies India Ltd, now known as 63 Moons, that it has contracted to use till the year-end after repeated extensions. MCX announced last month that it will go live with the new platform developed by TCS from October 3, the implementation was put on hold soon after by the capital market regulator Sebi due to "technical issues" and in the wake of some pending legal matters. While the exchange has been holding mock trading sessions for the new software for quite a long time and will continue on .
The National Stock Exchange (NSE) on Friday said it will launch options on NYMEX WTI Crude Oil and Natural Gas futures contracts in its commodity derivatives segment from October 9. "The exchange has received approval from Sebi (Securities and Exchange Board of India) for launching options contracts on underlying WTI Crude Oil and Natural Gas Futures. The contracts would be available for trading from October 9," NSE said in a circular. On September 26, the exchange announced the launch date as October 16 and now it has been rescheduled to October 9. The addition of options on futures contracts will further boost NSE's product offering in the overall commodity segment. These contracts are designed to provide the market participants with a more efficient way to manage their commodity risk, the NSE had stated. Earlier, the exchange launched rupee denominated futures contracts on underlying NYMEX WTI crude oil and natural gas in its commodity derivatives segment. The NSE witnessed a ..
Despite experiencing sharp intraday fluctuations in recent sessions, the VIX index has consistently settled below 12