Mumbai: The Bombay High Court on Monday directed the Anti-Curruption Bureau (ACB) of the state police, not to take any action until further order in an order passed by the lower court to register a first information report (FIR) against the former regulatory chief Madhabi Puri Buch, three current whole-time members at the watchdog, and … Read more
Prioritising firms with solid balance sheets, steady revenue streams, and minimal geopolitical risks can provide stability and growth potential in a volatile market, Om Ghawalkar, Market Analyst at Share.Market said, as he reiterates that the uncertainty in Nifty would continue. This analyst spells-out strategy in previous week’s major movers viz. BSE, HUDCO, Home First Finance … Read more
360 ONE Mutual Fund (formerly known as IIFL Mutual Fund) introduced the 360 ONE Gold ETF on February 20, 2025. This open-ended exchange-traded fund (ETF) is designed to mirror returns linked to domestic gold prices while accounting for potential tracking errors. The NFO, which monitors gold prices within the country, will be accessible until February … Read more
Mumbai: NSE Clearing Ltd (NCL), the clearing house of the National Stock Exchange (NSE), has fallen short of meeting the capital markets regulator’s mandated liquidity requirements. It cited non-payment of dues by rival BSE as the primary reason for the deficit. In its December 2024 quarterly results, NSE Clearing, the exchange’s unit responsible for clearing … Read more
Kotak Institutional Equities initiated coverage with a ‘Sell’ rating and set a target price of Rs 2,550. Kotak expects Waaree to see a 12% compound annual growth rate (CAGR) for its module capacity, which is expected to reach 40 GW by 2035. Additionally, Kotak projects a 14% volume CAGR for Waaree’s modules until FY2035, driven … Read more
Shares of smallcap stock Gujarat Toolroom today zoomed 5% to hit their upper circuit at Rs 18.08 on the BSE today after the company on Wednesday announced that it will consider a 5:1 bonus share issue in its upcoming board meeting on January 5. “Pursuant to Regulation 29(1)(f) of the SEBI (Listing Obligations and Disclosure … Read more
Shares of Burger King-operator Restaurant Brands Asia (RBA) today rose 3% to their day’s high of Rs 84.56 on the BSE after the company announced that its board will meet on Friday to consider raising of funds via a preferential issue, qualified institutions placement (QIP) or other methods. “Pursuant to Regulation 29(1)(d) of the SEBI … Read more
Shares of state-run Mazagon Dock Shipbuilders climbed as much as 1.7% on Tuesday at Rs 4,623.85 on BSE after the company fixed December 27 as the record date for its proposed 1:2 stock split. “The Company has fixed Friday 27 December, 2024 as the Record Date for the purpose of determining the eligibility of shareholders … Read more
Shares of Brainbees Solution-operated FirstCry fell by 4.5% to their day’s low of Rs 597.80 on the BSE after the company informed that the GST department of Mumbai has initiated an investigation at the company’s head office and a warehouse in Pune. “We wish to inform you that the Assistant Commissioner of State Tax, Mumbai … Read more
Shares of state-owned GAIL (India) Ltd on Wednesday jumped around 6% to Rs 209.4 on BSE after reporting a 11% year-on-year (YoY) rise in September quarter net profit to Rs 2,672 crore. Its revenue from operations increased 3.5% YoY to Rs 32,931 crore in the July-September period. The profit growth was led by an increase … Read more