The BSE SME platform has crossed the milestone of 600 listed companies, marking a steady expansion in India’s small and medium enterprise segment. Since its launch, the platform has helped companies raise Rs 10,652 crore, with their combined market capitalisation touching Rs 1,84,574 crore. Over the years, the platform has demonstrated consistent growth — not … Read more
Lalithaa Jewellery Mart, a Chennai-headquartered jewellery retailer offering gold, silver, and diamond jewellery designed for southern Indian markets, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 1,700 crore through an initial public offering (IPO). The proposed Rs 1,700 crore IPO comprises a fresh … Read more
Banking and financial services major Goldman Sachs on Wednesday bought shares of leading stock exchange BSE for Rs 401 crore through an open market transaction. According to the bulk deal data available on National Stock Exchange (NSE), US-based Goldman Sachs through its arm Goldman Sachs (Singapore) purchased 7.28 lakh shares of BSE Ltd. The shares … Read more
Suzlon Energy has been issued an advisory cum warning letter from both the National Stock Exchange (NSE) and BSE Ltd, regarding non-compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements. These warnings are issued in respect to the company’s handling of disclosures related to the resignation of Independent Director, … Read more
Brokerage firm Jefferies initiated a buy on the BSE Ltd while Nomura has a neutral rating on Eicher Motors. Also, Elara Capital recommended a buy on L&T and HDFC Securities Institutional Research has a buy on Sai Silks (Kalamandir). We have collated a list of recommendations from top brokerage firms from ETNow and other sources: … Read more
It was a muted session for domestic equities on Monday, as benchmark indices settled with marginal losses. The Nifty 50 and Sensex ended with 0.2% cuts each, at 19694 points and 65655.15 points, respectively. Although indices remained in a narrow band, several stocks in the midcap and smallcap segments were in action. After hitting a … Read more