JSW Energy's board of directors approved appointment of Sharad Mahendra as MD, CEO, and key managerial person of the company with effect from today.
Prashant Jain, present CEO, will continue to serve in his current position till Jan 1, 2024 to ensure smooth transition.
Source: Exchange Filing
India's benchmark stock indices extended gains through midday on Friday led by advances in ITC Ltd., Larsen & Toubro Ltd. and ICICI Bank Ltd.
As of 12.27 p.m. the S&P BSE Sensex rose 510 points or 0.76% to 67,500.19, while the NSE Nifty 50 gained 141 points or 0.7% to 20,274.05.
So far during the day, Nifty hit an all-time high of 20,285.15, while the Sensex rose to 67,557.14.
Flair Writing Locked In Lower Circuit After Debut At 65% Premium
Transindia Real Estate Ltd. appointed Mahesh Shetty as CFO effective from today.
Source: Exchange Filing
Seamec Ltd in pact to buy sea vessel 'Sea Pearl' for $7 million.
Source: Exchange Filing
12.7 lakh shares changed hands in a large trade
0.01% equity changed hands at Rs 57.2 apiece
Buyers and sellers not known immediately
Source: Bloomberg
Zydus Lifesciences Ltd received U.S. FDA final approval for Ivabradine tablets
Source: Exchange Filing
Raymond Independent Directors Hire Berjis Desai As Legal Counsel Amid Singhania Row
10 lakh shares changed hands in a large trade
0.2% equity changed hands at Rs 201.15 apiece
Buyers and sellers not known immediately
Source: Bloomberg
Tata Consumer appointed Ashish Goenka as CFO with effect from Dec 18
Source: Exchange Filing
The scrip rose as much as 9.74% to Rs 382.75 apiece, the highest level since its listing on the exchanges on Mar, 11, 2008. It was trading 8.83% higher at Rs 379.50 apiece, as of 11:00 a.m. This compares to a 0.67% advance in the NSE Nifty 50 Index.
It has risen 224.89% on a year-to-date basis. Total traded volume so far in the day stood at 3.6 times its 30-day average. The relative strength index was at 80.96, which implied the stock is overbought.
Out of 6 analysts tracking the company, 5 maintain a 'buy' rating, 1 recommends a 'hold,' according to Bloomberg data. The average 12-month consensus price target implies an downside of 6.0%.
Thomas Cook (India) Ltd at 23.51x of its 30 day average after promoter exercises greenshoe option in OFS
Delta Corp Ltd at 6.08x of its 30 day average on Peninsula Group investment
Rossari Biotech Ltd at 5.86x of its 30 day average
Datamatics Global Services Ltd at 5.84x of its 30 day average
Tv18 Broadcast Ltd at 4.76x of its 30 day average
Shares of the company rose as much as 9.5% before paring gains to trade 8.6% higher at 10:56 a.m. This compares to a 0.6% advance in the NSE Nifty 50.
The stock has risen 221.29% on a year-to-date basis. Total traded volume so far in the day stood at 3.1 times its 30-day average. The relative strength index was at 85.91, hinting that the stock may be overweight.
All seven analysts tracking the company maintain a 'buy' rating, according to Bloomberg data. The average 12-month consensus price target implies a downside of 12%.
0.01% equity changed hands at Rs 2389.5 apiece
Buyers and sellers not known immediately
Source: Bloomberg
10.2 lakh shares changed hands in a large trade
0.01% equity changed hands at Rs 56.30 apiece
Buyers and sellers not known immediately
Source: Bloomberg
Bharti Telecom acquires 1.35% stake in Bharti Airtel from ICI for Rs 8,302 crore in a pre-market large trade
Alert: ICI stands for Indian Continent Investment
Source: Bloomberg
Lists at Rs 501 per share on NSE vs issue price of Rs 304 per share
Lists at a premium of 64.8% on NSE
Lists at Rs 503 per share on BSE vs issue price of Rs 304 per share
Lists at a premium of 65.46% on BSE
Source: Exchanges
The scrip rose as much as 2.79% to Rs 3,195.80 apiece, the highest level since its listing on the exchanges on Jul 7, 1997. It was trading 2.35% higher at Rs 3,182.20 apiece, as of 09:52 a.m. This compares to a 0.53% advance in the NSE Nifty 50 Index.
It has risen 53.03% on a year-to-date basis. Total traded volume so far in the day stood at 3.2 times its 30-day average. The relative strength index was at 71.51, which implied shares of Larsen & Toubro Ltd. is overbought.
Out of 37 analysts tracking the company, 33 maintain a 'buy' rating, 1 recommends a 'hold,' and 2 suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 4.0%.
Bajaj Auto's total sales grew 31% to 4,03,003 in November
Two-wheelers sales grew 33% to 3,49, 048 in November
Source: Exchange filing
The broader markets outperformed the S&P BSE MidCap Index was up 0.68%, whereas S&P BSE SmallCap Index was 0.78% higher. Seventeen out of 20 sectors compiled by BSE advanced, while three sectors declined. S&P BSE Realty and S&P Capital Goods rose the most.
The market breadth was skewed in the favour of buyers. About 2,173 stocks rose, 611 declined, and 98 remained unchanged on the BSE.
23.5 lakh shares or 0.5% equity changed hands in a pre-market large trade
Buyers and sellers not known immediately
Source: Bloomberg
At pre-open, the S&P BSE Sensex Index was up 192.71 points, or 0.29%, at 67,181.15 while the NSE Nifty 50 was 60.95 points or 0.30% higher at 20, 194.10
The yield on the 10-year bond opened flat at 7.29% on Friday.
Source: Bloomberg
The local currency strengthened 12 paise to open at 83.27 against the U.S dollar on Friday.
Rupee closed at all time weakest level of 83.39 against the U.S. dollar on Thursday.
Source: Bloomberg
8.12 crore shares of Bharti Airtel or 1.44% equity changed hands in a pre-market large trade
Buyers and sellers not known immediately
Source: Bloomberg
Asia Stocks Down After Wall Street’s Bumper Month: Markets Wrap
ITD Cementation Bags Rs 1,001 Crore Contract In Andhra Pradesh
Tata Motors Rules Out Future Value Unlocking After Tata Technologies Listing
Flair Writing Industries: The offer was subscribed 46.68 times on its final day. The bids were led by institutional investors (115.60 times), non-institutional investors (33.37 times) and (retail investors: 13.01 times). The IPO price is Rs 304 per share.
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