Midcap index hits all-time high, smallcap index at fresh 52-week high in early trade
BSE Midcap index hits fresh all-time high and BSE Smallcap index hits its fresh 52-week high, boosted by strong macroeconomic numbers and positive global cues. The benchmark index BSE Sensex also witnessed gains, rising nearly 300 points in early trade.
BSE, NSE remove Adani Enterprises from short-term ASM framework
As per the circulars issued by the BSE and the National Stock Exchange (NSE), both the bourses will exclude the securities of Adani Enterprises from the short-term ASM framework effective from June 2.
Patanjali Foods promoters to dilute 6% share to meet minimum shareholding norms
Currently, the public shareholding in PFL stands at 19.18 per cent, which needs to be increased to a minimum of 25 per cent. Shares of PFL, which has a market cap of nearly Rs 38,000 crore, settled at Rs 1,047.85 per scrip on BSE.
BSE, NSE put NDTV under short-term ASM framework
The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio.
Power Finance Corp net profit rises 44% to Rs 6,128 crore in March quarter
The consolidated net profit of the company was Rs 4,295.90 crore in the quarter ended on March 31, 2022, according to a BSE filing. Indian Bank empanelled as Clearing and Settlement Bank with ICCL
The public sector bank can now facilitate banking services to members of BSE for clearing and settlement operations
Inox Green Energy Services loss narrows to Rs 1.61 cr in March quarter
Inox Green Energy Services on Friday said its consolidated net loss narrowed to Rs 1.61 crore in the March 2023 quarter. The company had reported a consolidated net loss of Rs 1.96 crore in the quarter ended March 2022, a BSE filing showed. Its total income rose to Rs 73.33 crore in the March quarter from Rs 60.51 crore a year ago. The company's loss also narrowed in fiscal 2022-23 to Rs 20.36 crore from Rs 93.14 crore in 2021-22. The total income in the fiscal rose to Rs 294.17 crore from Rs 190.24 crore in 2021-22. The board also approved the increase in the authorised share capital of the company from the existing Rs 500 crore to Rs 600 crore by the creation of additional 10 crore equity shares of Rs 10 each and the consequent amendment to the Share Capital Clause of the Memorandum of Association of the Company.
BSE, NSE put securities of Adani Enterprises under short-term ASM framework
Leading bourses BSE and NSE will put the securities of Adani Enterprises under the short-term ASM framework from Thursday. The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earning ratio. Adani Enterprises Ltd is shortlisted in short-term Additional Surveillance Measure (ASM) framework Stage-I effective from May 25, the National Stock Exchange (NSE) and the BSE said in two separate circulars on Wednesday. Under the short-term ASM, the exchanges said, "applicable rate of margin shall be 50 per cent or existing margin whichever is higher, subject to maximum rate of margin capped at 100 per cent, with effect from May 26, 2023 on all open positions as on May 25, 2023 and new positions created from May 26, 2023." In March, NSE and BSE removed Adani Enterprises from the short-term ASM framework. On Wednesday, Adani Enterprises stock tumbled 5.90 per cent on the BSE. I Golden Crossovers: These 4 stocks signal further bullishness
In the BSE list of stocks, four stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on May 23.
Taking Stock: Market ends with minor gains amid last-hour selling; metals outshine
The BSE midcap and the smallcap indices ended with marginal gains.