Page 3 - National Stock Exchange

Kalpataru Projects Board to meet on June 10 to mull fund raise; stock up 6%

The surge came after the company announced that its board will meet on June 10 to approve raising of funds by way of issuance of Non Convertible Debentures (NCDs) on private placement basis

KEC International share price rallies 7% on Rs 1,000-crore order win

The surge came on the back of an order win worth Rs 1,002 crore

Sebi committee to review ownership structure of clearing corporations

Panel chaired by former RBI deputy governor to suggest alternatives to ensure capital needs of clearing corporations

NSE Indices launches India's first EV index to facilitate ecosystem

NSE Indices Ltd, a subsidiary of the National Stock Exchange, on Thursday launched the EV and new-age automotive index to track the performance of companies which form a part of the EV ecosystem. This would be the country's first ever electric vehicle (EV) index. "The launch of the Nifty EV and new-age automotive index will facilitate creation of products which will create opportunity for asset managers to invest in the electric vehicle and new-age automotive market thereby providing an investment vehicle to investors," NSE Indices said in a statement. The government has always been at the forefront of framing policies related to EV adoption so that EVs with the latest technology can be manufactured in the country and attract investments by global EV manufacturers, thereby giving a boost to the Make in India initiative. The base date for the new thematic index is April 2, 2018, and the base value is 1,000. The index will be reconstituted semi-annually and rebalanced on a quarterly

Beware of stock investment-related calls from these two numbers, warns NSE

The NSE warned the investors against sharing their login credentials with any person claiming to be a member of any registered entity of the exchange

Promoter of Inox Wind divests 4.6% stake for Rs 904 cr via open market

Inox Wind Energy, one of the promoters of Inox Wind Ltd, on Tuesday divested a 4.6 per cent stake in the company for Rs 904 crore through open market transactions. Inox Wind is India's leading wind energy solutions provider. It is a subsidiary of Inox Wind Energy Ltd (IWEL). According to the bulk deal data available on the National Stock Exchange (NSE) and the BSE, Inox Wind Energy sold a total of 6 crore shares on the bourses, amounting to a 4.6 per cent stake in Noida-based Inox Wind Ltd. Shares of Inox Wind tumbled 10 per cent each to close at Rs 147.65 and 147.75 per piece on the BSE and NSE, respectively. IWEL offloaded 5.50 crore shares of Inox Wind on the NSE and the promoter entity sold 50 lakh shares of the company on the BSE. The shares were disposed of in the range of Rs 150.58-152.52 apiece, taking the transaction value to Rs 904.45 crore. After the stake sale, shareholding of Inox Wind Energy declined to 33.83 per cent from 38.43 per cent in Inox Wind. Also, the comb

NMDC falls 2% on weak Q4 performance; Rs 7.25 dividend announced in FY24

The state-owned company's profit plunged 37.8 per cent to Rs 1,412.7 crore in the March quarter of financial year 2024 (Q4FY24), from Rs 2,271.5 crore in Q4FY23

NSE lowers tick size to 1 paisa: Over 1,300 stocks to be impacted

Analysts believe a lower tick size can bolster price discovery and market efficiency, rendering trading more appealing for both retail investors and traders.

Bosch soars 5% on strong Q4 results; up 45% in last 6 months

Bosch's net profit rose 41.5 per cent on a year-on-year (Y-o-Y) basis to Rs 564 crore, from Rs 399 crore in the same quarter a year ago (Q4FY23)

Jefferies to Nuvama: These brokerage have raised NTPC target price post Q4

ICICI Securities stressed upon NTPC's position in the increasing total addressable market for power capex, benefiting from both conventional and renewables sectors

Infy, Sumitomo Chemical, MTAR Tech; top picks from Anand Rathi for May 27

Over the past few months, Infosys' stock has been consolidating within a narrow trading range, approximately between Rs 1,400 and Rs 1,450

From Goldman Sachs to CLSA, brokerages upbeat on this stock; details here

At 9:17 AM, ITC shares were trading nearly 0.50 per cent lower at Rs 439.45 per share. In comparison, S&P BSE Sensex was down 0.14 per cent at 75,309.65 levels

PSP Projects slips 4% after Q4 profit plunges 66%; check details here

PSP Projects stock fell as much as 4.27 per cent to hit an intraday low of Rs 656.20 per share

Bayer CropScience stock declines 6% on Friday post Q4; Check details here

Bayer CropScience's revenue slipped 19.5 per cent on a year-on-year (Y-o-Y) basis to Rs 792 crore as opposed to Rs 983 crore in the same quarter a year ago

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year

The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates

PG Electroplast soars 11%, hits record high on solid Q4, 1:10 stock split

PGEL forecasts revenues of Rs 3,400 crore, a growth of 23.8 per cent over FY24 consolidated revenues, despite the transfer of the TV business to Goodworth Electronics

Paytm drops 3% after Q4 loss broadens; check trading strategy here

The decline followed the company's announcement of its Q4 results, which fell short of market expectations. Paytm's loss widened to Rs 549.6 crore in Q4FY24

Kaynes Tech zooms 14% on robust Q4; stock more-than-doubles in one year

Notably, the stock has zoomed almost 339 per cent from its listing price of Rs 578, and 121 per cent in the last one year

NSE, BSE special mkt session on Saturday, May 18: Check timing, price bands

NSE, BSE Special session: Here's why stock markets are open on Saturday, May 18

Stocks to keep on your radar on May 17: IIFL Securities, Prince Pipes, KIMS

Across Asia, trading sentiment dipped as retail sales data fell short of street expectations, with a modest 2.3 per cent increase in April compared to the previous year