Mazagon Dock shares dive 13% as govt to exercises oversubscription option to sell additional 1.18% stake

Mazagon Dock shares dive 13% as govt to exercises oversubscription option to sell additional 1.18% stake

Mazagon Dock Shipbuilders shares nosedived 13% to an intraday low of Rs 2,207.30 on the BSE on Monday after the government announced it would exercise the oversubscription option to sell an additional 1.18% stake in the company through its ongoing offer for sale (OFS). This increases the total offer size to 4.01%, according to an … Read more

BSE shares zoom 13% to fresh high on increase in transaction charges for derivatives

BSE shares zoom 13% to fresh high on increase in transaction charges for derivatives

Shares of BSE on Monday rallied up to 13% to a fresh 52-week high of Rs 1,789.90 on NSE after the stock exchange announced an increase in transaction charges in the equity derivatives segment. In a notice last Friday, BSE said with effect from November 1, the transaction charges structure for the equity derivatives segment … Read more