As per provisional closing data, the barometer index, the S&P BSE Sensex slipped 454.69 points or 0.62% to 72,488.99. The Nifty 50 index lost 152.05 points or 0.69% to 21,995.85.
Posts in category Business Standard
HDFC Life gains after Q4 PAT climbs 15% YoY to Rs 412 cr (18-04-2024)
HDFC Life Insurance Company rose 1.30% to Rs 612.30 after the company’s standalone net profit jumped 14.77% to Rs 411.66 crore on 5.46% rise in net premium income to Rs 20,488.11 crore in Q4 FY24 over Q4 FY23.
Vodafone Idea FPO subscribed 0.18 times (18-04-2024)
The offer received bids for 222.96 crore shares as against 1,260 crore shares on offer.
Mastek named a supplier on UK’s MoD’s DIPS framework (18-04-2024)
Crown Commercial Service (CCS) assisted MOD in the production of the DIPS framework and became the framework authority upon go-live with MOD responsible for all customer engagement. The DIPS framework
is due to run for four years.
Sterlite Technologies Ltd leads losers in ‘A’ group (18-04-2024)
Indraprastha Gas Ltd, Max Healthcare Institute Ltd, Aegis Logistics Ltd and Cartrade Tech Ltd are among the other losers in the BSE’s ‘A’ group today, 18 April 2024.
Krystal Integrated Services Ltd leads losers in ‘B’ group (18-04-2024)
Polo Queen Industrial and Fintech Ltd, Sadbhav Engineering Ltd, Coffee Day Enterprises Ltd and Starlineps Enterprises Ltd are among the other losers in the BSE’s ‘B’ group today, 18 April 2024.
ICICI Securities downgrades Ashok Leyland to ‘Sell’, sees 20% downside (18-04-2024)
Shares of Ashok Leyland fell 2.3 per cent to Rs 172 per share on the BSE in Thursday’s intraday after ICICI Securities downgraded the stock to ‘Sell’ from’ Hold’
Power Mech Projects wins orders of Rs 232 cr (18-04-2024)
A) Order worth of Rs. 122.89 crores from BHEL in various packages as follows:
JNK’s Rs 650 cr IPO to open on Apr 23, sets price band at Rs 395-415/share (18-04-2024)
Heating equipment maker JNK India Ltd on Thursday said it has fixed a price band of Rs 395-415 per share for its Rs 650-crore initial public offering (IPO).
The initial share-sale will be open for public subscription during April 23-25 and the bidding for anchor investors will open for a day on April 22, the company said in a statement.
The IPO is a combination of fresh issue of equity shares worth up to Rs 300 crore and an Offer-for-Sale (OFS) of up to 84.21 lakh equity shares by promoters and an existing shareholder.
Those offloading shares in the OFS are promoters — Goutam Rampelli, Dipak Kacharulal Bharuka, JNK Heaters Co Ltd and Mascot Capital and Marketing Pvt Ltd — and a shareholder Milind Joshi.
At the upper end of the price band, the IPO price has been pegged at Rs 650 crore.
Proceeds from the fresh issue will be used for funding working capital requirements and general corporate purposes.
Half of the issue size has been reserved for qualified institutional buyers, 3
Nifty slides below 22,100; FMCG stocks slide (18-04-2024)
At 14:32 IST, the barometer index, the S&P BSE Sensex, was down 186.19 points or 0.26% to 72,757.49. The Nifty 50 index lost 52.05 points or 0.24% to 22,095.85.