Indian Market

KEC International Shares in Focus After Securing Rs 1,040 Crore International Orders

KEC International Shares in Focus After Securing Rs 1,040 Crore International Orders

/ Indian Market /

KEC International shares are expected to remain in focus on December 2, 2024, after the company announced securing orders worth Rs 1,040 crore in the transmission and distribution (T&D) sector from international markets. These orders include the supply of towers, hardware, and poles in the Americas and 220 kV transmission lines in the CIS region. […]

KEC International Shares in Focus After Securing Rs 1,040 Crore International Orders Read More »

Cochin Shipyard in Spotlight After Signing Rs 1,000 Crore Defence Contract

Cochin Shipyard in Spotlight After Signing Rs 1,000 Crore Defence Contract

/ Indian Market /

Cochin Shipyard shares are expected to remain in focus on December 2, 2024, following the company’s announcement of a Rs 1,000 crore contract with the Ministry of Defence. The contract is for a short refit and dry docking of a large Indian Naval Vessel, with the project expected to take about five months. Recently, Cochin

Cochin Shipyard in Spotlight After Signing Rs 1,000 Crore Defence Contract Read More »

Cipla Stake Sale: 1.72% Equity Changes Hands in Block Deals on November 29

Cipla Stake Sale: 1.72% Equity Changes Hands in Block Deals on November 29

/ Indian Market /

A total of 1.39 crore shares of Cipla Ltd, representing 1.72 percent of the company’s equity, were sold through block deals on November 29. According to earlier reports by CNBC TV18, the company’s promoters are believed to be the sellers in this transaction. The estimated value of the block trades was pegged at Rs 2,000

Cipla Stake Sale: 1.72% Equity Changes Hands in Block Deals on November 29 Read More »

NSE Revises Expiry Day for Index Derivatives Contracts from January 1, 2025

NSE Revises Expiry Day for Index Derivatives Contracts from January 1, 2025

/ Indian Market /

The National Stock Exchange (NSE) has announced a revision in the expiry day for certain index derivatives contracts, effective January 1, 2025. This change will modify the expiry schedule for some key indices, impacting participants in the derivatives market. The expiry schedule for NIFTY contracts, including monthly, weekly, quarterly, and half-yearly contracts, will remain unchanged.

NSE Revises Expiry Day for Index Derivatives Contracts from January 1, 2025 Read More »

Mithun Sacheti Buys Stake in Arihant Foundations; Block Deals in Focus

Mithun Sacheti Buys Stake in Arihant Foundations; Block Deals in Focus

/ Indian Market /

CaratLane founder Mithun Padam Sacheti and Siddhartha Sacheti bought 1.74 lakh shares each, or a 1.75% stake each in Arihant Foundations & Housing Ltd. Shares were fetched at ₹685 a piece against a block deal on Tuesday. Monet Securities Private Ltd offloaded 3.48 lakh shares in the aforesaid transaction for two equal tranches. Arihant Foundations’

Mithun Sacheti Buys Stake in Arihant Foundations; Block Deals in Focus Read More »

Patel Retail Raises ₹15 Crore in Pre-IPO Placement at ₹300 Per Share

Patel Retail Raises ₹15 Crore in Pre-IPO Placement at ₹300 Per Share

/ Indian Market /

Supermarket chain Patel Retail has raised ₹15 crore through a pre-IPO placement by allotting 5 lakh shares at ₹300 per share. This fundraising, completed on November 27, involved participation from 44 investors and occurred before filing the red herring prospectus with the Registrar of Companies. Post allotment, Patel Retail has reduced the fresh issue size

Patel Retail Raises ₹15 Crore in Pre-IPO Placement at ₹300 Per Share Read More »

SEBI Wins Gold for Public Communication at India International Trade Fair

SEBI Wins Gold for Public Communication at India International Trade Fair

/ Indian Market /

The Securities and Exchange Board of India (SEBI) earned the prestigious gold medal for public communication and outreach excellence at the 43rd India International Trade Fair (IITF) 2024. The award was presented by Pradeep Singh Kharola, Chairman and Managing Director of ITPO, on November 27 at Bharat Mandapam, Pragati Maidan, New Delhi. Sebi had put

SEBI Wins Gold for Public Communication at India International Trade Fair Read More »

SEBI to Tighten KPI Disclosure Norms for IPO-Bound Companies

SEBI to Tighten KPI Disclosure Norms for IPO-Bound Companies

/ Indian Market /

The Securities and Exchange Board of India (SEBI) is planning to strengthen the framework for Key Performance Indicators (KPIs) introduced two years ago for IPO-bound companies. This move aims to enhance transparency, particularly for digital companies and start-ups that lack a proven profitability track record. The KPI framework was initially introduced in 2022 following a

SEBI to Tighten KPI Disclosure Norms for IPO-Bound Companies Read More »

PC Jeweller Gains After Setting Record Date for 1:10 Stock Split

PC Jeweller Gains After Setting Record Date for 1:10 Stock Split

/ Indian Market /

PC Jeweller’s shares rose by 4.08 percent in early trade on November 29, reaching Rs 162.60 on the NSE, following the announcement of a record date for a 1:10 stock split. The company has fixed December 16 as the record date for this sub-division of shares. In an exchange filing, PC Jeweller stated that each

PC Jeweller Gains After Setting Record Date for 1:10 Stock Split Read More »

KEI Industries Raises Rs 2,000 Crore Through QIP; Kotak Mutual Fund Leads Investment

KEI Industries Raises Rs 2,000 Crore Through QIP; Kotak Mutual Fund Leads Investment

/ Indian Market /

KEI Industries has successfully raised Rs 2,000 crore via a qualified institutional placement (QIP) of equity shares. The QIP, which opened on November 25 and closed on November 28, priced the shares at Rs 3,800 each, offering a 2.1 percent discount to the floor price of Rs 3,880.54. The issuance involved 52.6 lakh equity shares,

KEI Industries Raises Rs 2,000 Crore Through QIP; Kotak Mutual Fund Leads Investment Read More »

Scroll to Top