On the National Stock Exchange (NSE), Godavari Biorefineries shares listed at a discount of 12.5 per cent at Rs 308, against the IPO issue price of Rs 352
Paras Defence hits the roof after bagging supply order from Defence Ministry entity (30-10-2024)
Paras Defence and Space Technologies was locked 5% upper circuit at Rs 1008.35 after the company announced that it has received an order from Opto Electronics Factory valued at approximately Rs 42.05 crore.
Indian Energy Exchange (IEX) (30-10-2024)
I have tried to read more on what management says, and trying to figure meaning.
1.
IMO, This doesnt make a case for non-coupling.
IMO, This doesnt make a case for non-coupling.
once i read this i get more questions …how theoratically it is undesirable ?..why would regulators bring up such stupid idea of coupling at all if its undesirable ?
I think i would follow up on this statement and try to study how IEX can do that, if they can do, it’d be interesting.
If i again go back to experiences with regulators, last time few organizations went to GERC with lobbyst/big recommendations etc on certain banking issues. Regulators didnt budge “these are too small amounts and you can manage”
So, i would like IEX to be successful here but i doubt if regulators would ever consider individual companies.
To me, coupling is the norm untill CERC formally abandons it, sooner or later in some sort or another it will be implemented till then. I think Mr.Market knows it . Why take risk without clarity ? I would rather wait on next results and their other verticals growth.
Marico stock price 5.1 per cent as Sensex (30-10-2024)
As of 30-Sep-2024, promoters held 59.2 per cent stake in the company, while FIIs held 24.87 per cent and domestic institutional investors had 4.92 per cent.
Industrials stocks edge higher (30-10-2024)
Industrials stocks were trading in green, with the BSE Industrials index increasing 93.56 points or 0.64% at 14629.26 at 09:47 IST.
Capital Goods stocks edge higher (30-10-2024)
Capital Goods stocks were trading in green, with the BSE Capital Goods index increasing 368.33 points or 0.55% at 67640.13 at 09:47 IST.
Basic materials shares rise (30-10-2024)
Basic materials stocks were trading with gains, with the BSE Commodities index rising 39.96 points or 0.53% at 7522.35 at 09:47 IST.
Share market update: Most active stocks of the day in terms of total traded value (30-10-2024)
The NSE Nifty index was trading 58.25 points down at 24408.6
Maruti sales in FY25 will be in line with industry average; rural sales a saving grace this year: RC Bhargava (30-10-2024)
Maruti Suzuki’s RC Bhargava expects festival season sales levels to drop after Diwali. Market growth is predicted to remain between 3-4% for the year. Rural demand is positive, while urban sales lag. Hybrid vehicles are supported to reduce emissions. Maruti sales are expected to align with industry averages for FY25, not outperform them.
Why have Force Motors shares vroomed 18% in trade today? (30-10-2024)
Force Motors registered a consolidated net profit of Rs 134 crore as compared to Rs 92.4 crore a year ago