Reliance Communication Ventures on Monday got listed at the Bombay Stock Exchange opening strongly at Rs 290 a share.
'It is far too early to celebrate the numbers.' 'They are still fairly weak compared to the pre-pandemic level.'
Reliance Energy Ventures Ltd shares listed on the bourses on Friday and traded at Rs 48.90.
The offer comprises of 5.12 million primary ADSs, 1.75 million secondary ADS and up to an additional 1.03 million primary ADSs under the over-allotment option given to the underwriters, it said.
The scrip of Bajaj Auto opened at Rs 945, which was also ts intra-day high, while shares of Bajaj Finserv opened at Rs 700 and rallied further to touch a high of Rs 999 in the early morning trade on the Bombay Stock Exchange.Last year Bajaj group was demerged into three separate entities -- Bajaj Auto Ltd, Bajaj Finsev and Bajaj Holdings and Investment Ltd.
The merger of ZEE Entertainment and Sony has reached an advanced stage of completion, and the issues faced by promoters with Sebi should not become a problem for the company, debarred ZEEL MD Punit Goenka has said in a letter to employees, according to sources. Goenka, who along with his father Subhas Chandra, was denied any interim relief against a Sebi order that barred them from holding the position of director or key managerial post in any listed company, in the letter ZEE Entertainment Enterprises Ltd (ZEEL) staff asserted that the merger of Culver Max (earlier known as Sony Pictures Networks India) is at a very important juncture. With the Securities Appellate Tribunal (SAT) restricting him from holding a directorial or key managerial position in a listed company, Goenka told the employees that the ZEEL board has constituted an interim committee of senior executives to ensure smooth operations and day-to-day functioning.
Trading for the scrip of Jet Airways (India), which will be listed on National Stock Exchange on Monday, would be in the normal market segment.
Beauty and healthcare products manufacturer Emami Ltd's public offering has received bids for shares 4.62 times the issue size, bidding for which began on Friday.
India's two largest bourses, the National Stock Exchange and the Bombay Stock Exchange, said on Monday that they are on course to shift to a T+2 rolling settlement cycle from Tuesday
The stock market nearly made up for the 1,744 points it tanked on Wednesday after the government and regulator SEBI reassured investors there was no move to ban Participatory Notes (PNs) but only curb funds inflow.
Within minutes of listing, the scrip of the country's biggest transmission utility touched a high of Rs 100 and as many as 28.86 lakh shares changed hands at the BSE. At the National Stock Exchange, the scrip got listed at Rs 89.80, touched a high of Rs 99.90 and over 8.36 crore shares were traded.
Sathavahana Ispat plant resumes operations.
The shares will be bought in the open market on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) over a period of time.
Some state-run banks made 10,000-13,000 per cent gains on their holdings in the Multi Commodity Exchange (MCX) after the latter commodity bourse made an impressive listing on Friday.
India's HCL Comnet, a subsidiary of HCL Technologies, has got a network management order worth Rs 31 crore (Rs 310 million) from state-run National Insurance Company, the Bombay Stock Exchange said on Friday.\n\n\n\n
In a BSE filing, the company said it has filed certified copies of the Andhra Pradesh High Court order paving way for the merger with Registrar of Companies, Andhra Pradesh, Hyderabad.
Until early last year, it looked like India's stock market would continue its gravity-defying rise forever.
The country, last year, stood at the 27th spot for effective regulation and supervision of securities exchanges.
Capital goods, realty and power stocks led from the front while losses in oil & gas heavyweights offset the gains.
The world's fastest growing CNG firm Indraprastha Gas Ltd's shares soared 130 per cent on their trading debut at the Bombay Stock Exchange on Friday.
The government on Tuesday said the market capitalisation as well as cash turnover on the Bombay Stock Exchange doubled between April to November 28 this year at Rs 10,65,853 crore and Rs 45,029 crore, respectively.
Industrial Development Bank of India chairman M Damodaran has resigned from the board following his appointment as the Securities and Exchange Board of India chief.
Indraprastha Gas Ltd, the sole supplier of compressed natural gas in Delhi, on Friday declared open the sale of its 4 crore equity shares under an initial public offer.
Oil and gas exploration major Cairn India Ltd on Tuesday got listed at Rs 140 on the Bombay Stock Exchange with a discount of 12.5 per cent over its issue price of Rs 160.
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