Business

10

Jun

By The Press Editor

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Business

Upper circuit alert: FMCG stock surges 20% as company unveils Rs 700 crore expansion, check share price | Markets

Mumbai: Shares of diversified FMCG company Elitecon International hit the upper circuit on Wednesday, June 10, 2026, as the company has shared a Rs 700 crore expansion plan. Under this expansion plan, the company has outlined an indicative capital outlay of Rs 700 crore. With this, the company plans to build a distribution network targeting 5,000 partners and presence across 5,00,000+ retail outlets and 15+ international markets over time. The company also aims to develop a portfolio featuring 10 consumer brands and over 150 stock keeping units (SKUs). According to the company, the production will be spearheaded by its existing manufacturing…

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10

Jun

By The Press Editor

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Business

Smallcap stock in focus after promoter buys 1.5 lakh shares from open market, check details here | Markets

Mumbai: Shares of smallcap company GRM Overseas started today's trading session in green but ended in the red amid profit booking at higher levels. The counter opened the trading session at Rs 100, up from the previous close of Rs 98.50 on the BSE. Amid a spurt in trading volume, the counter gained to touch the high of Rs 102.75, a gain of Rs 4.25 or 4.31 per cent from the previous close. However, it witnessed profit booking at higher levels and fell to touch the low of Rs 89.20, the stock's fresh 52-week low. The 52-week high of the…

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10

Jun

By The Press Editor

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Business

Hexagon Nutrition IPO Allotment Status: Step-by-step guide to check status online and latest GMP | Income-tax

Mumbai: The initial public offering of Hexagon Nutrition Ltd received a good response from investors and got subscribed 53.68 times on the third and last day of bidding on Tuesday. According to data available on the National Stock Exchange (NSE), the Rs 139-crore IPO attracted bids for 1,15,96,08,897 shares against 2,16,02,008 shares on offer. The category for non-institutional investors fetched 161.49 times subscription. The retail quota was booked 26.85 times, while the portion reserved for the Qualified Institutional Buyers (QIBs) was subscribed 19.77 times. Shares of the company are tentatively scheduled to be listed on the stock exchanges on June…

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10

Jun

By The Press Editor

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Business

Sensex, Nifty erase early gains to settle flat in volatile trade, broader markets tumble over 1% | Markets

Mumbai: Benchmark indices Sensex and Nifty pared most of their gains and ended the June 10 session almost flat as investors turned cautious amid mounting geopolitical headwinds. The 30-share BSE Sensex closed slightly higher, up 64.42 points or 0.09 per cent at 73,983.18. During the day, it hit a high of 74,613.01 and a low of 73,897.57, gyrating 715.14 points. The 50-share NSE Nifty fell 27.15 points or 0.12 per cent to settle at 23,214.95. Broader markets underperformed, with the BSE Midcap Select Index falling 235.21 points or 1.35 per cent and the BSE Smallcap Select Index declining around 114.47 points…

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10

Jun

By The Press Editor

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Business

Jewellery stock below Rs 50 gains as company announces Qualified Institutions Placement: Check floor price | Markets

Mumbai: Shares of Jaipur-based retail jeweller Motisons Jewellers gained on Wednesday after the company announced a Qualified Institutions Placement (QIP). According to the information shared, the company has set the QIP floor price at Rs 11.58 per equity share with a face value of Re 1 each. The floor price has been following prior approval from its board and a subsequent shareholder postal ballot. The company stated it may offer a discount of not more than 5 per cent on the calculated floor price to institutional bidders. Further, the trading window for dealing in the securities of the company will…

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10

Jun

By The Press Editor

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Business

Gold falls nearly Rs 3k per 10 grams on MCX, silver sinks over 2% | Check city-wise rates | Markets

Mumbai: Rates of precious metals in futures opened a gap down on Wednesday, June 10, 2026, amid renewed tensions between the United States and Iran. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 2,517 or 1.65 per cent at Rs 1,49,926 per 10 grams against the previous close of Rs 1,52,443. It fell further to an intraday low of Rs 1,49,500, down Rs 2,943 or 1.93 per cent. However, it saw some buying at these levels and rose to an intraday high of Rs 1,50,853. Last seen, it was trading at…

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10

Jun

By The Press Editor

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Business

HDFC Bank home, car, personal loan EMIs may rise even as RBI keeps repo rate unchanged – Here’s why | Personal-finance

New Delhi: If you have taken a home loan, car loan, or personal loan from HDFC Bank, there is an important update for you. While the Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25 per cent for the second consecutive policy review, the country's biggest private bank has increased its marginal cost of funds-based lending rate (MCLR) by 10 basis points. These new rates have become fully effective from June 8, 2026. This move by the bank will not only make taking a new loan more expensive but will also increase the monthly EMI burden…

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10

Jun

By The Press Editor

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Business

Dividend Bonanza: From Trent to Voltas, these Tata Group stocks to trade ex-date soon, check amount | Markets

Mumbai: Amid market volatility, investors are always on the lookout for stocks that can help them earn some additional income from their investment. If you are also looking for such stocks, there is a good opportunity as four stocks of Tata Group companies are set to trade ex-dividend soon. To be eligible for these dividend payouts, investors must hold these stocks before the ex-date. Investors buying these stocks on or after the ex-date will not receive the dividend amount. It must be noted that ex-date is the date on which a stock starts trading without the benefit of a corporate…

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10

Jun

By The Press Editor

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Business

Market Opening Bell: Sensex opens in green, Nifty flat amid weak global cues, Reliance gains 1.20% | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the trading session mixed on June 10, 2026, amid weak global cues following tensions in the Middle East. While the 30-share BSE Sensex gained 69.51 points or 0.09 per cent to start the session at 73,988.27, the Nifty dropped 8.15 points to open at 23,233.95. In the last trading session, the Sensex closed at 73,918.76 and the Nifty 50 at 23,242.10. However, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index was up 8.29 points, the BSE Smallcap Select Index gained 16.27…

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10

Jun

By The Press Editor

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Business

CMR Green IPO Listing LIVE: Stock to make debut on bourses today, check latest GMP | Markets

Mumbai: Shares of CMR Green Technologies Ltd, a non-ferrous metal recycler, are set to debut on bourses today, i.e. on June 10, 2026. The initial public offer (IPO) received a whopping 127 times subscription during the three-day subscription window despite volatility in the stock market due to ongoing tensions in the Middle East and unstable crude oil prices. The issue witnessed strong participation from qualified institutional buyers and non-institutional investors. As per data available on the National Stock Exchange (NSE), the Rs 631-crore IPO received bids for 2,92,75,44,594 shares against 2,30,43,930 shares on offer. While qualified institutional buyers (QIBs) received…

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