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HFCL restructures defence business through ₹264 crore investments, acquisitions and transfers
Shares of HFCL Ltd ended at ₹199.85, up by ₹9.45, or 4.96%, on the BSE.
HFCL, Acme Solar Holdings among 6 stocks that hit 52-week high; rally up to 64% in a month
HFCL, Acme Solar Holdings and four other BSE 500 stocks hit fresh 52-week highs on Tuesday, with HFCL leading the rally after surging 64% in the past month amid strong buying momentum.
Meesho partners with BSE to drive IPO readiness for MSMEs, digital sellers
E-commerce platform Meesho has partnered with the BSE to launch a new initiative aimed at helping micro, small and medium enterprises (MSMEs) and digital businesses transition into publicly-listed companies. The initiative, named 'Project Shikhar', was formalised through a Memorandum of Understanding (MoU) and aims to facilitate the listing of high-performing independent e-commerce sellers on the BSE SME platform, addressing their need for growth capital. BSE Managing Director and CEO Sundararaman Ramamurthy said the exchange pioneered the SME platform to give dynamic, job-creating businesses a direct route to capital markets. "Over the years, the BSE SME platform has enabled hundreds of MSMEs to list, raise growth capital and strengthen governance standards. This partnership with Meesho extends that ecosystem to digital-first entrepreneurs, helping e-commerce sellers become public companies," Ramamurthy said. A substantial segment of India's retail commerce operates in the informa
NHPC OFS: Govt announces 6% stake sale via offer for sale route, floor price fixed at ₹71
The OFS will be undertaken through ICICI Securities, Goldman Sachs (India) Securities and SBICAP Securities. Shares of NHPC Ltd ended at ₹77.19, down by ₹1.63, or 2.07%, on the BSE.
AMFI stock re-categorisation: BSE, Vodafone Idea, Jindal Steel, BHEL among potential large-cap entrants - Mint
AMFI stock re-categorisation: BSE, Vodafone Idea, Jindal Steel, BHEL among potential large-cap entrantsMint
Mcap of 7 top valued firms erodes by ₹1.54 trn, Reliance takes biggest hit
The combined market valuation of seven of the top 10 valued firms eroded by Rs 1.54 lakh crore last week, with Reliance Industries taking the biggest hit. In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent. From the top 10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever faced erosion in their valuations, while State Bank of India, Larsen & Toubro and Life Insurance Corporation of India (LIC) were the gainers. The market valuation of Reliance Industries dropped by Rs 46,078.3 crore to Rs 17,87,039.40 crore. HDFC Bank's valuation eroded by Rs 33,333.06 crore to Rs 11,46,641.84 crore. The valuation of Bharti Airtel tumbled Rs 25,408.96 crore to Rs 11,14,886.53 crore and that of TCS dived Rs 22,920.58 crore to Rs 8,15,480.75 crore. The market capitalisation (mcap) of Hindustan Unilever ...
Enviro Infra subsidiary bags ₹207-crore hybrid renewable EPC contract
The contract has been awarded to Enviro's step-down subsidiary Suyog Urja Ltd. Shares of Enviro Infra Engineers Ltd ended at ₹206.50, down by ₹0.95, or 0.46%, on the BSE today, May 27.
Top Gainers & Losers on May 25: HFCL, Adani Power, Eicher Motors, OLA, Tata Motors, HPCL among top gainers
Indian markets ended May 25 with strong gains, as Nifty 50 rose 1.4% and BSE Sensex climbed 1.42%, driven by falling oil prices and optimism for a US-Iran peace deal. Broader indices also showed positive trends amidst improved risk sentiment.
Adani Ent, Bajaj Auto, Voda Idea, 16 more BSE 500 stocks hit 52-week highs
Hindalco, KEI Industries, Polycab, Apollo Hospital, Anand Rathi Wealth, GE Vernova T&D, Manappuram Finance, Navin Flurochemicals, Torrent Pharma and J B Chemicals hit fresh life-time highs on Monday.
Mcap of 6 most valued firms surges by ₹74,111 cr, Reliance biggest winner
The combined market valuation of 6 of the top-10 most valued firms surged by Rs 74,111.57 crore last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark climbed 177.36 points, or 0.23 per cent. "Markets ended the week with marginal gains amid a highly volatile and range-bound trading environment. Benchmark indices witnessed sharp intraday swings throughout the week, driven by persistent rupee weakness, mixed global cues, sectoral rotation, and continued uncertainty around inflation and interest rates," Ajit Mishra SVP, Research, Religare Broking Ltd, said. From the top-10 pack, Reliance Industries, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, and Life Insurance Corporation of India (LIC) were the gainers, while HDFC Bank, Bharti Airtel, State Bank of India and Hindustan Unilever faced erosion from their valuation. Reliance Industries added Rs 24,696.89 crore, taking its market valuation to Rs 18,33,117.70 ...
Sterlite Technologies' arm wins $1.11 billion optical connectivity contract from hyperscale partner
Shares of Sterlite Technologies Ltd ended at ₹441.40, up by ₹21.00, or 5.00%, on the BSE.
BSE, SAIL to HFCL: Midcap, smallcap stocks jump up to 112% YTD despite US-Iran war; will their outperformance continue? - Mint
BSE, SAIL to HFCL: Midcap, smallcap stocks jump up to 112% YTD despite US-Iran war; will their outperformance continue?Mint