Indian Market

SEBI Increases Index F&O Position Limits for Trading Members by 15x to Rs 7,500 Crore

SEBI Increases Index F&O Position Limits for Trading Members by 15x to Rs 7,500 Crore

/ Indian Market /

The Securities and Exchange Board of India (SEBI) has raised the position limits for trading members (TMs) in index futures and options (F&O) contracts to Rs 7,500 crore or 15% of the total open interest (OI) in the market, whichever is higher. This is a significant increase from the previous limit of Rs 500 crore. […]

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Premier Polyfilm Soars 58% in Five Sessions, Hits Upper Circuit for Second Day

Premier Polyfilm Soars 58% in Five Sessions, Hits Upper Circuit for Second Day

/ Indian Market /

Shares of Premier Polyfilm, a microcap company specializing in specialty films and sheets, surged 20% to hit the upper circuit for the second consecutive day on October 15, marking a record high. The stock has seen a scorching rally, climbing nearly 58% over the past five trading sessions, driven by strong quarterly earnings and business

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HDFC Life Q2FY25 Net Profit Increases 15% on-Year

HDFC Life Q2FY25 Net Profit Increases 15% on-Year

/ Indian Market /

HDFC Life Insurance reported a net profit of Rs 433 crore for the second quarter of FY25, up 15% year-on-year, beating market expectations, largely due to strong premium collections and investment income. This marks an improvement over the Rs 377 crore profit recorded in the same quarter of the previous fiscal year. The insurer’s net

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Sunteck Realty Surges 7% on Strong Q2 Update, Achieves Rs 520 Crore in Pre-Sales

Sunteck Realty Surges 7% on Strong Q2 Update, Achieves Rs 520 Crore in Pre-Sales

/ Indian Market /

Shares of Sunteck Realty jumped over 7% on October 15 following a robust Q2FY25 update, reporting Rs 520 crore in pre-sales, a 33% increase year-on-year driven by ongoing demand in the Mumbai Metropolitan Region (MMR). The company’s collections for the quarter also rose 25% YoY to Rs 270 crore. The developer has announced seven new

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TD Power Systems Shares Rise Nearly 6% After Securing Rs 142 Crore in Orders

TD Power Systems Shares Rise Nearly 6% After Securing Rs 142 Crore in Orders

/ Indian Market /

Shares of TD Power Systems climbed nearly 6% on October 15 after the company announced securing two major international gas engine generator orders worth Rs 142 crore. These orders, placed by Original Equipment Manufacturers, indicate strong demand for gas engine generators used in grid stabilization, base load power, and data centers. The Bengaluru-based company said,

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Waaree Energies IPO to Open on Oct 21, Close on Oct 23; Market Debut Set for Oct 28

Waaree Energies IPO to Open on Oct 21, Close on Oct 23; Market Debut Set for Oct 28

/ Indian Market /

Waaree Energies Ltd is set to launch its initial public offering (IPO) from October 21 to October 23, with anchor bidding beginning on October 18. The IPO includes a fresh issue worth Rs 3,600 crore and an offer for sale (OFS) of up to 4.8 million shares by existing shareholders, including Waaree Sustainable Finance and

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Premier Energies Shares Surge 10% After Subsidiary Secures Orders Worth Rs 765 Crore

Premier Energies Shares Surge 10% After Subsidiary Secures Orders Worth Rs 765 Crore

/ Indian Market /

Shares of Premier Energies climbed by up to 10% on October 14, following the announcement that its subsidiaries, Premier Energies International Private Ltd and Premier Energies Photovoltaic Private Ltd, had secured orders worth a total of Rs 765 crore. This includes Rs 632 crore for solar modules and Rs 133 crore for solar cells, with

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Bajaj Housing Finance Shares Drop 6% as One-Month Lock-In for Anchor Investors Ends

Bajaj Housing Finance Shares Drop 6% as One-Month Lock-In for Anchor Investors Ends

/ Indian Market /

Shares of Bajaj Housing Finance fell over 6% on October 14 as the one-month lock-in period for anchor investors expired. The stock hit an intraday low of Rs 141.58 on the NSE, down 6.16%, with a market valuation of Rs 1,18,259.68 crore. With the lock-in ending, around 12.6 crore shares, or 2% of the company’s

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Ashoka Buildcon Shares Surge 5% on Securing Rs 2,310 Crore Projects

Ashoka Buildcon Shares Surge 5% on Securing Rs 2,310 Crore Projects

/ Indian Market /

Shares of Ashoka Buildcon rose 5% in early trading on October 14, following the company’s announcement of winning projects worth Rs 2,309.99 crore. The stock was trading at Rs 265.65 on the BSE at 09:34 am, up by Rs 13.85. The company received a Letter of Acceptance (LoA) from Maharashtra State Road Development Corporation Ltd.

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Wipro Shares Climb 3% Ahead of Board Meeting on Bonus Issue and Q2 Results

Wipro Shares Climb 3% Ahead of Board Meeting on Bonus Issue and Q2 Results

/ Indian Market /

Shares of Wipro rose by 3% on October 14, as investors showed strong interest ahead of the company’s board meeting scheduled for October 17. The board will discuss a potential bonus share issuance, marking what could be Wipro’s fourth such bonus action, following similar moves in 2019, 2017, and 2010. In its last bonus issue,

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