Central Depository Services Ltd. has fined ₹1.3 crore for settling the charges of violations related to directions given by Sebi. “The amount of ₹1,30,04,550 as recommended by HPAC has been approved by Panel of Whole-time Members vide their approval dated.,” Sebi said in an order on August 27. The charges pertain to show-cause notice dated […]
CDSL Settles Sebi Allegations by Paying Rs 1.3 Crore Read More »
Datamatics Global Services’ stock hit the 20 percent upper circuit on August 27 after the company announced a strategic partnership with Microsoft. This collaboration will focus on building AI copilot solutions aimed at enhancing process automation and accelerating business transformation. It was trading at Rs 673.2 on the NSE at 13:04 pm, up 20 percent
Datamatics Shares Surge 20% on Microsoft Partnership to Develop AI Copilots Read More »
On August 27, a significant transaction involving shares worth Rs 1,376.40 crore of Tata Technologies occurred on the stock exchanges. The block deal saw 1.30 crore shares, representing a 3.3 percent stake in the company, trade at a floor price of Rs 1,027 per share. Following this large transaction, Tata Technologies’ shares experienced a brief
Tata Technologies Sees Rs 1,376.40 Crore Deal with 3.3% Stake Change Hands Read More »
Bondada Engineering’s share price surged to a 52-week high of Rs 3,684.45 in early trading on August 26, following the announcement of a significant project win worth Rs 575.74 crore. By 09:25 AM, the stock was up by Rs 175.45, or 5.00 percent, on the Bombay Stock Exchange (BSE). This power project is of 170.40
Bondada Engineering Shares Soar to 52-Week High After Securing Rs 575 Crore Project Read More »
Lemon Tree Hotels’ share price saw an uptick in early trading on August 27, following the company’s announcement of a new license agreement for a hotel in Civil Lines, Ayodhya. At 09:27 AM, the stock was trading at Rs 134.00, up Rs 1.10, or 0.83 percent, on the Bombay Stock Exchange (BSE). The upcoming property
Lemon Tree Hotels Signs License Agreement for Ayodhya Property; Shares Rise Read More »
Thane-based Gala Precision Engineering, a manufacturer of precision components, is set to launch its initial public offering (IPO) on September 2, 2024. The company will announce the price band for the issue on August 27. The IPO would include a fresh issue of up to 25,58,416 equity shares by the company and an offer-for-sale of
Gala Precision Engineering IPO Set to Launch on September 2 Read More »
The Securities and Exchange Board of India (Sebi) has issued show-cause notices to Vijay Shekhar Sharma, the founder of One 97 Communications Ltd (Paytm’s parent company), and several board members who were part of the company during its initial public offering (IPO) in November 2021. The notices are related to allegations of misrepresentation of facts
Ashoka Buildcon’s share price surged over 3% in early trading on August 26, 2024, after the company was awarded a project worth ₹478 crore by the Mumbai Metropolitan Region Development Authority (MMRDA). On the Bombay Stock Exchange (BSE), the stock was trading at ₹ 239.85 at 09:21 AM, with an increase of ₹ 7.45 or
Ashoka Buildcon Shares Rise 3% After Securing ₹478 Crore Project from MMRDA Read More »
KEC International’s share price climbed 5% in early trading on August 26, 2024, following the company’s announcement of winning new orders worth ₹1,079 crore in its Transmission & Distribution (T&D) and cables businesses. By 09:17 AM, the company’s stock was trading at ₹885.70 on the Bombay Stock Exchange (BSE), reflecting a gain of ₹45.70 or
KEC International Shares Surge 5% After Securing Orders Worth ₹1,079 Crore Read More »
On August 26, 2024, shares in AU Small Finance Bank changed hands to the tune of ₹804 crore on the exchanges. There were approximately 1.30 crore shares, comprising some 1.7% of the bank’s stake, which were transacted at the floor price of ₹630 per share. Strong investor interest was witnessed for this deal, as AU
AU Small Finance Bank Shares Worth ₹804 Crore Traded in Block Deal Read More »
