Bse Listed Companies

Corporation tax paid by listed companies at 4-year low in Q2 FY25

Tax payment by listed companies was down 7 per cent year-on-year (Y-o-Y) in Q2FY25, their worst showing in the last four years and the first decline in corporate tax in seven quarters

Sebi study uncovers alarming trends in royalty payments at listed companies

In one out of four times, listed entities paid royalties exceeding 20% of their net profits to related parties. And 185 instances of royalty payments were by companies that made losses

Financial regulators back ISA 600 for auditors of listed companies

Auditors of PSBs, their branches, and PSUs will not be covered by ISA 600

Star Housing Finance reports 70% revenue growth in April-June quarter

Semi-urban and rural-focused home finance company Star Housing Finance Ltd (Star HFL) has reported a 70 per cent jump in its revenue for the April-June quarter on strong growth in interest income and commission fee. Total revenue rose by 70 per cent to Rs 20.96 crore for the April-June quarter of 2024-25 compared to Rs 12.29 crore in the year-ago period, the BSE-listed company said in a release. Interest income rose to Rs 18.08 crore in the first quarter of FY25 against Rs 11.20 crore in April-June 2023-24. Assets under management soared by 73.55 per cent to Rs 471.41 crore in the June quarter over the year-ago period. Disbursements were at Rs 61.23 crore in the quarter under review. Profit after tax rose by 94 per cent to Rs 3.02 crore in the quarter against Rs 1.55 crore in the year-ago period.

India Inc's top line struggled, but net profit rose 24.9% in FY24

High margins drive earnings; revenue growth at 4.8% slowest in 3 years

Top 100 firms must verify market rumours within 24 hrs starting today

The top 100 listed companies by market capitalization will have to confirm or deny any market rumour reported in the mainstream media from this Saturday. The rule will be applicable for top 250 companies from December 1. Under the Sebi's rule, these companies will have to 'confirm, deny, or clarify any reported event or information in the mainstream media that is not general in nature and that indicates that rumours of an impending specific material event' are circulating amongst the investing public within 24 hours from the reporting of the information. Sebi through its newly introduced rumour verification framework has excluded the price volatility in arriving at average market price for the purpose of corporate actions in a bid to make it fair for all investors at large. "The move would dissuade leaking of information that would affect the valuation in the given corporation action. This initiative of Sebi would help strengthen the rumour verification framework. It would help in

Soaring markets: India on verge of reclaiming fourth spot once again

The market capitalisation of small-and-midcap companies accounts for over a third of the total value of the Indian stock market

Mcap of BSE-listed firms hit Rs 400 trn milestone after rally in equities

The market capitalisation of BSE-listed companies reached an all-time high of Rs 401.10 lakh crore on Monday morning, following a record rally in equities, wherein the 30-share BSE Sensex scaled its lifetime peak. This is for the first time ever that the market capitalisation of BSE-listed companies has gone past the coveted Rs 400 lakh crore mark. The 30-share BSE benchmark jumped 425.62 points to reach a new record high of 74,673.84 in early trade. Thanks to the rally in equities, the market capitalisation (mcap) of BSE-listed companies reached an all-time high of Rs 4,01,16,018.89 crore (USD 4.81 trillion). The market capitalisation of BSE-listed firms had hit the Rs 300-lakh-crore mark in July last year. From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards. In Asian markets, Seoul and Tokyo were trading

Public sector undertakings to dominate list of Amfi upgrades, shows data

Mazagon Dock and SJVN are seen upgraded from 'smallcaps' to 'midcaps'

BSE issues fresh guidelines for SMEs looking to migrate to main board

BSE has put in place fresh guidelines for small and medium enterprises looking to migrate from its SME platform to the main board, whereby the applicant will be required to have a net worth of at least Rs 15 crore for the preceding two financial years. Under the guidelines, the applicant firm needs to be listed on the SME platform for at least three years. Besides, they need to have 250 public shareholders before shifting to the main board. In addition, the SME should have a positive operating profit for at least any two out of three financial years and have a positive profit after tax (PAT) in the immediate financial year of making the migration application to the bourse. "The applicant should have a net worth of at least Rs 15 crore for two preceding full financial years, " BSE said in a circular. Further, the paid-up equity capital of the applicant should be more than Rs 10 crore and the market capitalization should be at least Rs 25 crore. Among other parameters, the applican

India Inc capital expenditure growth enters slow lane in first half of FY24

This follows the sharp deceleration in revenue growth

Senco Gold makes strong debut; lists at 36% premium over issue price

Shares of Senco Gold listed at Rs 431, a 36 per cent premium over its issue price of Rs 317 on the BSE.

Sebi notifies disclosure rules; asks cos to confirm or deny market rumour

To streamline the disclosure requirements, Sebi has notified rules asking the top 100 listed companies by market capitalisation to confirm, deny or clarify any market rumour reported in the mainstream media from October 1. Further, for the top 250 listed entities, the rule will kick in from April 1, 2024, the Securities and Exchange Board of India (Sebi) said in a notification. These companies will have to "confirm, deny or clarify any reported event or information in the mainstream media which is not general in nature and which indicates that rumours of an impending specific material event" are circulating amongst the investing public, within 24 hours from the reporting of the information. To strengthen the corporate governance at listed entities, Sebi came out with a framework to address the issue of certain shareholders enjoying special rights perpetually. Any special right granted to the shareholders of a listed entity will be subject to the approval of the shareholders in a ..

Listed companies garner Rs 63,300-crore from equity, debt in April

Within the equity segment, funds mostly came from preferential allotment of equity shares with companies raising Rs 4,835 crore through the route

Q2 earnings: Corporate profits decline, a first in nine quarters

The combined net profit of 2,725 listed companies across all sectors was down 6.3 per cent year-on-year (YoY) in Q2 -the first contraction after eight consecutive quarters of YoY growth

Debt MFs face lower risk, may put up a better show in Samvat 2079

Analysts advice investors to stay away from longer-duration funds yet, or consider a staggered plan

Jawahar Goel quits as Dish TV director, will step down at Sept 26 AGM

Yes Bank, which holds 25% in Dish TV, has been pushing for a board revamp, including removal of Goel, Narang and others

Investors' wealth dips Rs 76,196 cr amid sell-off in stock markets

Investors' wealth eroded by Rs 76,196.54 crore on Wednesday, with the market witnessing a sell-off amid rising concerns over possible aggressive interest rate hikes to tame high inflation. The market capitalisation of BSE-listed companies -- which is also an indicator of wealth of investors -- tumbled Rs 76,196.54 crore to Rs 2,85,94,997.40 crore amid the 30-share Sensex falling 224.11 points or 0.37 per cent to 60,346.97 points. On Tuesday, when the markets had gained for the fourth straight session, the market valuation stood at Rs 2,86,71,193.94 crore. The 30-share index rebounded more than 1,200 points from the early lows before settling at 60,346.97 points, a loss of 224.11 points or 0.37 per cent compared to Tuesday's closing level. The broader NSE Nifty closed lower 66.30 points or 0.37 per cent at 18,003.75 points. The Sensex had plunged 1,150 points to a low of 59,417.12 points, while the Nifty declined to a low of 17,771.15 points in early trade on Wednesday, following d

M-cap of BSE-listed firms at all-time high of nearly Rs 283 trillion

The market capitalisation of BSE-listed firms reached an all-time high of Rs 282.66 lakh crore on Thursday, helped by a rebound in equities. The 30-share BSE Sensex climbed 659.31 points or 1.12 per cent to settle at 59,688.22 after falling in the previous two trading days. The bounce back in equities, helped the market capitalisation of BSE-listed firms jump to Rs 2,82,66,696.92 crore. Investor wealth also climbed Rs 1.79 lakh crore on Thursday. "A solid rebound was the order of the day at Dalal Street as stocks simply zoomed in today's session. The credit for the rally can be given to overnight positive Wall Street cues and also to the fact that crude oil prices continued to tumble. Crude oil prices are trading at their lowest levels after February," Prashanth Tapse - Research Analyst, Senior VP (Research), Mehta Equities Ltd. Tech Mahindra, Axis Bank, ICICI Bank, Mahindra & Mahindra, Bharti Airtel, State Bank of India, UltraTech Cement, Bajaj Finserv, IndusInd Bank and Asian ...

Equity investors richer by over Rs 7.41 trn in four trading sessions

On Wednesday, Sensex reclaimed the 60,000-level after a gap of over four months