Stock Market LIVE: Nifty, Sensex Off Low As Axis Bank, Bajaj Finance Shares Support

Abans Financial received warning letter from the Securities Exchange Board of India for alleged non-compliance with listing regulations, the company said.

Sandur Manganese allotted 32.4 crore bonus equity shares in the ratio of 2:1, the company said in the exchange filing.

Multinational brokerage firm CLSA raised share price targets for SJVN Ltd., Tata Power Co., and JSW Energy Ltd., even as they imply potential downside from the current market price.

Analysts expect subdued returns in India's regulated power utilities stocks due to climate change-related demand weakness, but not a structural decline. "It's an opportunity to buy select utilities and catalysts," they said in a note.

India, the world's third largest power market, will likely see a demand uptick in the second half of the current fiscal. Electricity demand has been tepid in April-August due to higher-than-normal monsoon rains.

• Acme Solar Holdings is yet to receive formal letter of award from Rewa Ultra Mega Solar, the company said in the exchange filing.

• The company clarified on reports stating Madhya Pradesh Government securing record low price for solar project.

• Acme Solar Holding had earlier informed of participating in bidding conducted by RUMSL for solar project, the company said.

Canara Bank's arm Canara Robeco AMC filed updated DRHP with the Securities Exchange Board of India, the company said in the exchange filing.