Gunender Kapur was appointed MD and CEO for a period of three years, with effect from June 27, 2024. His existing term of three years is due to expire on June 26, 2027.
The Scheme of Arrangement proposes a share exchange ratio of 25 IHCL shares for every 117 Oriental Hotels shares, with completion targeted in the second half of FY2028.
Lalithaa Jewellery share price: Lalithaa Jewellery IPO shares were quoting at ₹276 in the grey market, signalling a listing pop of 37.31 per cent.
Horizon Industrial Parks' share price opened at ₹60.25 on the National Stock Exchange (NSE), a premium of 0.42 per cent above the issue price.
Symbiotec Pharmalab IPO is a mix of a fresh issue of ₹15 lakh and an offer for sale of ₹1.63 crore. The price band for the offer is set issue price band at ₹938 to ₹988 per share.
Choice Broking's Sachin Gupta has recommended three stocks, Prestige Estates, PB Fintech and Carborundum Universal, based on their positive technical setups.
Analysts attributed the rise in MCX shares to its leadership position in the commodity segment. Notably, MCX has maintained over 98 per cent market share by value in commodity derivatives.
LME copper spot price is currently trading near its all-time high of $14,594/t, reached on 17 Aug 2026. At the current level of $14,113/t, spot copper price is up 46.3 per cent Y-o-Y on the LME.
Analysts attributed the weakness to capital market regulator Sebi's latest study, which showed a decline in active derivatives traders in FY26 following tightened regulations.
Dwarikesh Sugar Industries was the top laggard, falling 7.2 per cent, followed by Dalmia Bharat, which fell 6.4 per cent intra-day and Balrampur Chini Mills, which fell over 5 per cent on Friday.
Tube Investments of India has acquired 20,64,713 shares of face value of ₹1 each of Shanthi Gears Ltd for about ₹77.49 crore. With this, Tube Investments' stake in SGL has increased to 73.16 per cent
The company's ₹825 crore IPO is a mix of fresh issue and offer for sale. The fresh issue component is made up of 0.79 crore equity shares, and the OFS is up to 620 crore shares
Stocks to watch today: Tata Motors, Tata Power, Mankind Pharma, SBI, RailTel, KIMS, DEE Development Engineers, L&T Finance, KIMS, sugar stock, among others, will be in focus today.
In intraday deals, Sensex surged 699.86 points or 0.90 per cent to 77,609.54. Its NSE counterpart, Nifty 50, rose 187 points or 0.77 per cent to 24,265.15, led by gains in banking and IT stocks.
Titagarh Rail Systems is an Indian railway wagon and coach manufacturer, with an annual manufacturing capacity of 12,000 wagons and 300 coaches.
Muthoot Finance was up 4.7 per cent intraday to ₹2,997.80, while Manappuram Finance rose 3.2 per cent to ₹351. IIFL Finance rose 3 per cent to ₹649 apiece, CSB Bank moved the most, gaining 5 per cent.
Ambit Capital has initiated coverage on Dhoot Transmission with a 'Buy' rating and a target price of ₹1,598, implying an upside of around 14 per cent from the previous close of ₹1,404.
Tata Silver ETF, Nippon Silver ETF, HDFC Silver ETF, SBI Silver ETF, Axis Silver ETF, DSP Silver ETF, Groww Silver ETF all gained over 4 per cent each
The board of Goodluck India has approved August 21 as the record date for determining the eligibility of the shareholders entitled to the issuance and allotment of bonus equity shares of the company.
Jefferies initiated coverage on Turtlemint Fintech Solutions with a 'Buy' rating and a target price of ₹190. The target implies a 37 per cent upside from the stock's previous close of ₹138.92.