Apax Partners sells 4.3% stake in Shriram Finance, 4 global funds pick stake
The private equity firm sold 1,59,93,734 shares on the BSE at Rs 1,300 apiece, aggregating to Rs 2,079 crore, bulk deals data showed13-01-2023
13-01-2023
Sah Polymers shares settle over 37% higher in debut trade: Report
Shares of Sah Polymers on Thursday ended with a premium of over 37 per cent on the stock exchanges against the issue price of Rs 65. The stock made its debut at Rs 85, reflecting a jump of 30.76 per cent from the issue price on the BSE. Later, it rallied 37.30 per cent to settle at Rs 89.25 apiece. On the NSE, the shares began the trade at Rs 85 and finally ended at Rs 89.25 each. In volume terms, 4.16 lakh shares of the firm were traded on the BSE and 41.82 lakh shares on the NSE during the day. The Udaipur-based company provides tailored bulk packaging solutions to business-to-business producers in a variety of industries, including agro pesticides, basic drugs, cement, chemicals, fertilisers, food products, textiles, ceramics, and steel. Meanwhile, in the broader market, the 30-share BSE benchmark ended 147.47 points or 0.25 per cent lower at 59,958.03. The initial public offer of Sah Polymers was subscribed 17.46 times last week. The initial share-sale had a price range for12-01-2023
Market continues to fall for third straight day ahead of earnings, US data
The BSE Midcap index fell 0.24 percent while the Smallcap index slipped 0.02 percent.12-01-2023
'Vanishing act' by more than two dozen listed cos; BSE reaches out to firms
Companies had been non-compliant with listing requirements11-01-2023
BSE signs MoU with Goa govt to promote development of SMEs
Leading stock exchange BSE on Friday said it has joined hands with the government of Goa for the development of SMEs (Small Medium Enterprises) in the state. With the association of Goa government, the exchange will look at creating awareness amongst SMEs in the state on the benefits of listing on the exchange. BSE will also guide them on the efficient ways of raising capital through equity infusion. In this regard, BSE has signed a Memorandum of Understanding (MoU) with the government of Goa, the exchange said in a statement. Besides, the exchange will also provide training and capacity-building support to District Industries Centre officials and facilitates SMEs with respect to registration/listing on the platform. "This association with the government of Goa will play a significant role in opening a plethora of opportunities for small-medium enterprises," Sundararaman Ramamurthy, Managing Director and Chief Executive Officer of BSE, said. BSE is the largest SME Exchange in Indi06-01-2023
3-days selloff in Indian equities erode over 4.90 lakh cr of investors' wealth
This week, the market cap was highest on January 3rd of BSE listed firms to over 284.65 lakh crore before taking the downturn from January 4th. That being said, in last 3 trading sessions, the market cap has plunged by over 4,90,293.28 crore.06-01-2023
Lotus Chocolate shares hit upper circuit as Reliance makes open offer to buy stake
Lotus Chocolate shares surged to hit upper circuit level of 5% to 156 apiece on the BSE06-01-2023
Sundararaman Ramamurthy takes charge as managing director, CEO of BSE
Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer of leading stock exchange BSE. In a regulatory filing last year, BSE said that markets regulator Sebi has approved the appointment of Ramamurthy as its Managing Director & Chief Executive Officer. "Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer of BSE," the exchange said in a release on Wednesday. The appointment is subject to acceptance of the offer made to Ramamurthy and fulfillment of terms and conditions, it added. The appointment comes after BSE's erstwhile MD & CEO Ashishkumar Chauhan resigned from the bourse in July 2022 and moved to NSE. Ramamurthy has previously served as the senior member of the National Stock Exchange (NSE) since its inception. However, after serving this role, he took up the position of MD and Chief Operating Officer at the Indian arm of Bank of America. He has also worked at the Industrial Development Bank of...05-01-2023
Jefferies sees double-digit upside in this banking stock, recommends buying
On BSE, the shares IndusInd Bank are trading 1.45 per cent down at 1222.75 apiece.04-01-2023
Gainers Losers: 10 stocks that moved the most on January 4
All the sectoral indices ended in red. BSE midcap and smallcap indices were down nearly 1 percent each.04-01-2023