Suzlon shares fell by nearly 5 percent on October 3 after the company received advisory warnings from the NSE and BSE for non-compliance with SEBI regulations. The stock hit an intraday low of Rs 76.06 on the NSE, marking a decline of 4.61 percent. Suzlon has been on a six-day losing streak, dropping 8.71 percent […]
Suzlon Shares Dip Nearly 5% After NSE and BSE Issue Compliance Warning Read More »
Shares of real estate firms such as DLF, Sobha, Godrej Properties, and Lodha fell by up to 6 percent on October 3, driven by overall market weakness and a slump in the Mumbai property market. The drop follows a 15 percent year-on-year decline in Mumbai housing unit registrations in September, impacted by the inauspicious Shraadh
Realty Stocks Drop as DLF, Sobha Fall Amid Market Weakness and Mumbai Property Slump Read More »
The Bombay Stock Exchange (BSE) will retain weekly derivative contracts linked to the Sensex index after the Securities and Exchange Board of India (SEBI) introduced stricter rules for equity derivatives, according to sources. SEBI’s new regulations, effective from November 20, will limit exchanges to offer only one weekly options contract. This is in response to
BSE to Retain Weekly Sensex Options Amid New SEBI Rules for Derivatives Read More »
India’s Goods and Services Tax (GST) collections for September 2024 reached Rs 1.73 lakh crore, reflecting a year-on-year growth of 6.5 percent, according to official data. This is up from Rs 1.63 lakh crore collected in the same month last year. Net GST revenue post refunds increased 4% to Rs 1.53 lakh crore while domestic
India’s September GST Collection Grows 6.5% YoY to Rs 1.73 Lakh Crore Read More »
Shares of Ashoka Buildcon climbed over 2 percent on October 3 after the company received a letter of award for a project valued at Rs 474.10 crore from the Mumbai Metropolitan Region Development Authority (MMRDA). The project involves designing and constructing an elevated road from Kalyan to Pune Link Road, including railway line crossings and
Ashoka Buildcon Rises Over 2% on Securing EPC Contracts Worth Rs 1,738 Crore Read More »
India’s IPO market is witnessing a remarkable surge this year, with September marking the highest activity yet. The month saw 12 mainboard IPOs, collectively raising over Rs 11,000 crore, and 39 small and medium enterprises (SMEs) adding another Rs 1,542 crore. This makes it the most active month for SME IPOs in the last decade.
IPO Boom Continues in 2024 with Over Rs 12,000 Crore Raised in September Read More »
Maruti Suzuki India reported a 2% year-on-year increase in total sales for September, reaching 1,84,727 units, as per a company statement. This compares to 1,81,343 units sold in the same month last year. While domestic passenger vehicle sales dropped by 4%, amounting to 1,44,962 units, the mini-segment cars like Alto and S-Presso witnessed a slight
Maruti Suzuki’s September Sales See Modest 2% Growth, Reach 1,84,727 Units Read More »
Garuda Construction and Engineering, a subsidiary of PKH Ventures, will open its IPO for subscription on October 8, 2024. The company is yet to announce the price band, which will be revealed later this week. The IPO comprises 2.78 crore equity shares, including a fresh issue of 1.83 crore shares and an offer-for-sale of 95
Garuda Construction and Engineering to Launch IPO on Dalal Street from October 8 Read More »
Kolkata-based Rahee Infratech Limited, a leading railway civil engineering and construction firm, has filed its draft red herring prospectus (DRHP) with SEBI for a Rs 420 crore IPO. The offering will also involve promoter divestment of up to 2.7 million equity shares. The company may pursue an additional Rs 84 crore via a pre-IPO placement.
Rahee Infratech Submits DRHP for Rs 420 Crore IPO to SEBI Read More »
Shares of NCC Ltd gained more than 2 percent on October 1 after the company announced it had secured orders worth Rs 2,327 crore in September 2024. In a regulatory filing, NCC stated that the orders span multiple sectors, with Rs 1,417 crore for its transportation division, Rs 520 crore for electrical projects, and Rs
NCC Shares Rise Over 2% After Securing Rs 2,327 Crore in Orders for September Read More »
