Man Industries (India) said that the company’s New ERW Plant at Anjar, Gujarat, has recently been certified by API to manufacture electric resistance welded (ERW) pipes.
Posts in category Business Standard
Capri Global Capital Ltd leads gainers in ‘A’ group (05-03-2024)
Kirloskar Brothers Ltd, Balaji Amines Ltd, Tata Chemicals Ltd and Mangalore Refinery And Petrochemicals Ltd are among the other gainers in the BSE’s ‘A’ group today, 05 March 2024.
NSE SME Purv Flexipack pops on market debut (05-03-2024)
Shares of Purv Flexipack were quoting at Rs 247 on the NSE, a premium of 247.89% compared with the issue price of Rs 71.
Mukka Proteins IPO ends with stellar subscription (05-03-2024)
The offer received bids for 767.16 crore shares as against 5.60 crore shares on offer.
Benchmarks turn rangebound; IT shares slide (05-03-2024)
The frontline indices continued to trade with modest losses in mid-morning trade. The Nifty hovered below the 22,300 level. IT shares declined for the second consecutive trading session.
IIFL Finance tanks after RBI restricts gold loan operations (05-03-2024)
IIFL Finance hit a lower limit of 20% to Rs 478.50 after RBI barred the company from sanctioning, disbursing new gold loans, citing “material supervisory concerns”.
Ather Energy picks HSBC, JPMorgan, Nomura, Indian banks to arrange its IPO (05-03-2024)
Tarun Mehta and Swapnil Jain founded Ather in 2013 after graduating from the Indian Institute of Technology Madras
IEX achieves 15.4% growth in traded electricity volumes (05-03-2024)
Indian Energy Exchange achieved 9,462 MU overall volume, in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ’24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time Market) during the month increased by 47% on YoY basis.
Speculative Net Longs In Euro Dips Slightly (05-03-2024)
Large currency speculators net long positions in the Euro futures market edged slightly lower, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 62854 contracts in the data reported through February 27, 2024. This was a weekly fall of 5162 net contracts with net long position staying around its lowest level in nearly 16 months.
Macrotech Developers gains on launching QIP; floor price at Rs 1,129.48/share (05-03-2024)
Macrotech Developers added 1.92% to Rs 1203.95 after the company’s board has approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 1,129.48 per share.