Dharni Capital Services listed on BSE SME platform
Dharni Capital Services Ltd becomes the 414th company to get listed on the BSE SME platform, the exchange said in a release.31-01-2023
31-01-2023
35% of institutional shareholders oppose BSE MD's appointment
70 per cent of BSE's shareholders approved of the appointment26-01-2023
infrastructure investment trust IndiGrid Q3 profit up 27% to Rs 120 crore
India Grid Trust (IndiGrid) has posted 27 per cent rise in consolidated net profit at Rs 119.78 crore for December quarter 2022-23. The infrastructure investment trust logged a net profit of Rs 94.38 crore in the year-ago period, as per a BSE filing. Total income also increased to Rs 607.06 crore in the quarter from Rs 580.96 crore in the same period a year ago. Board of Directors of IndiGrid Investment Managers Limited (IIML), acting in the capacity of investment manager to IndiGrid, on Wednesday approved distribution of Rs 3.30 per unit comprising Rs 2.8042 per unit in the form of interest and Rs 0.4958 per unit in the form of principal payment for the quarter. The record date for this distribution will be January 31, 2023, and payment will be made on or before February 9, 2023. The board also approved a proposal for raising debt up to Rs 3,700 crore for refinancing opportunities through various sources including term loans, non-convertible debentures, among others. "We have ..26-01-2023
Stock market holidays 2023: NSE and BSE will remain closed on these 15 days
The secondary market will have two additional trading holidays this year as compared to 2022. The maximum number of stock market holidays fall in the month of April while February and July have no off days.25-01-2023
CG Power and Industrial Solutions Q3 profit falls 58% to Rs 228 crore
CG Power and Industrial Solutions on Tuesday said its consolidated net profit declined 58 per cent to Rs 227.86 crore in December quarter 2022-23. The company's net profit in the year-ago period was Rs 545.06 crore, according to a BSE filing. Total income rose to Rs 1,809.95 crore in the quarter from Rs 1,558.89 crore in the same period a year ago. Total expenses also increased to Rs 1,528.22 crore from Rs 1,385 crore in the same period of 2021-22. The company's board has also approved a proposal to expand the manufacturing capacity of power transformer and distribution transformer units of the company at its plants in Malanpur and Bhopal at an investment of Rs 126 crore. The proposed expansion would increase the capacity from 17,000 MVA to 25,000 MVA for power transformers and from 6,900 MVA to 9,900 MVA for distribution transformers. The current capacity utilization is around 65 per cent. The expansion project is expected to be implemented within a period of 15 months and will24-01-2023
IndiGrid to acquire Khargone Transmission at about Rs 1497.5 crore
The acquisition will be for a cash consideration of an enterprise value not exceeding Rs 1,497. 5 crore, according to a BSE filing.23-01-2023
If you have only one exchange, you have a problem: BSE chief Ramamurthy
New BSE chief bats for competition, at least a duopoly in equity market space20-01-2023
Eastern Logica Infoway gets listed on BSE SME platform
Eastern Logica Infoway Ltd becomes the 413th company to get listed on the BSE SME platform, the exchange said in a release18-01-2023
Indian stock market to shift to a shorter trading cycle T+1 settlement on Jan 27
On January 27, T+1 settlement is scheduled to launch on the NSE and BSE of India. The market will have more liquidity as the settlement cycle is shortened to T+1, and as a result, buyers and sellers will be able to receive shares and corporate actions like dividends and bonus shares in their accounts one day after the market closes.16-01-2023
27 smallcaps gain 10-34% as market bounces back; midcap index flat
During this week, BSE Large-Cap index added 0.6 percent, Mid-Cap index ended flat and Small-cap index rose 0.26 percent.14-01-2023