Business

30

Mar

By The Press Editor

0 Comments

Business

IT stock in focus after getting credit rating boost on strong AI-driven growth, check details

Mumbai: AI-based digital transformation and technology consulting company Kellton Tech Solutions Ltd has received an upgrade to its credit rating from ICRA Ltd. In its latest exchange filing, the company said that its bank facilities have been upgraded to A- (Stable) from the earlier BBB+ rating. ICRA also noted that more than 80 per cent of the company's revenue comes from long-term customers, contributing to stable, predictable earnings. The upgrade reflects the company’s strong financial performance, balanced debt position, and consistent growth trajectory.  Share price today Amid this, the stock opened the trading session in the red at Rs 14.20,…

Read More

30

Mar

By The Press Editor

0 Comments

Business

Jewellery stock on investors’ radar on signing MoU with National Skill Development Corporation

Mumbai: Shares of Delhi-based PC Jeweller are in focus as the company has informed exchanges that it has signed a  Memorandum of Understanding (MoU) with the National Skill Development Corporation (NSDC), a subsidiary of the Ministry of Skill Development and Entrepreneurship, Government of India. As part of this MoU, the company has been selected as an industry/franchise partner for the gems and jewellery sector to develop and onboard up to 2 lakh micro-entrepreneurs in the country over a period of 5 years. Amid this, the stock opened at Rs 7.95 against the previous close of Rs 7.98 on the BSE.…

Read More

30

Mar

By The Press Editor

0 Comments

Business

NBFC stock starts session in green as board approves allotment of 6.63 crore convertible warrants

Mumbai: NBFC stock Golden Legend Leasing & Finance Ltd opens in green even as benchmark indices Sensex and Nifty tumbled in early trade on Monday as the ongoing war in West Asia continues to rattle markets globally, driving crude oil prices higher. The stock is in focus as the company, in its latest exchange statement, stated that its Board of Directors has approved the allotment of 6.63 crore convertible warrants to non-promoter (public) category investors following the receipt of a total of Rs 21.49 crore, 25 per cent of the total amount of warrants. Convertible into equity shares in a 1:1…

Read More

30

Mar

By The Press Editor

0 Comments

Business

CMPDI IPO Listing On NSE, BSE: Muted debut, shares list at around 7% discount

Mumbai: Shares of Central Mine Planning and Design Institute (CMPDIL) listed on Monday with a nearly 7 per cent discount to the issue price of Rs 172. The company's stock started trading at Rs 160, down 6.98 per cent from the issue price on the National Stock Exchange (NSE). At the BSE, it declined 5.35 per cent to Rs 162.80 in opening deals. However, the stock rebounded to touch the high of Rs 168.40. Last seen, the stock was trading at Rs 166.50, and the market cap of the company stood at Rs 11,927.37 crore. Earlier, the initial public offering…

Read More

30

Mar

By The Press Editor

0 Comments

Business

IRB Infra Share Price: Stock trades in green after adjusting for bonus issue – Full details here

Mumbai: Shares of IRB Infrastructure, India's leading and largest toll road infrastructure developer in the highways segment, gained on Monday even as equity benchmark indices Sensex and Nifty tumbled in early trade as oil prices surged amid the ongoing war in West Asia. The shares jumped after trading adjusted for the bonus issue. The board of directors of the company has approved a 1:1 bonus issue, entitling shareholders to one bonus share for every share held as of the record date. The board of directors of the company fixed March 30, 2026, as the ex-date for this corporate action and…

Read More

30

Mar

By The Press Editor

0 Comments

Business

Market Opening Bell: Sensex tumbles 1,018 points, Nifty below 22,600 following slump in global markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the trading session gap-down on Monday, March 30, 2026, amid worries about soaring oil prices.  While the 30-share BSE Sensex tumbled 1,018 points or 1.38 per cent to start the session at 72,565.22, the Nifty fell 269.95 points to open at 22,549.65. In the last trading session, the Sensex closed at 73,583.22 and the Nifty 50 at 22,819.60. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index shed 289.91 points, or 1.90 per cent, in the early trading session, the BSE Smallcap…

Read More

27

Mar

By The Press Editor

0 Comments

Business

Market Opening Bell: Sensex shed 389 points, Nifty holds 23,100 amid weak global cues

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened lower on Friday, March 27, 2026, in tandem with global markets. While the 30-share BSE Sensex shed 389.66 points or 0.51 per cent to start the session at 74,883.79, the Nifty fell 132.9 points to open at 23,173.55. In the last trading session, the Sensex closed at 75,273.45 and the Nifty 50 at 23,306.45. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index shed 244.18 points, or 1.57 per cent, in the early trading session, the BSE Smallcap Select Index was…

Read More

27

Mar

By The Press Editor

0 Comments

Business

Benchmark indices dive over 2% amid geopolitical uncertainties, rising crude prices

Mumbai: After two days of strong gains, the stock market saw a steady, broad-based decline throughout the session on Friday. The market opened in red and selling pressure increased gradually, ultimately closing with significant losses. The Sensex fell nearly 1,690.23 points or 2.25 per cent to close at 73,583.22, while the Nifty dropped 486.85 points to 22,819.60. Nearly all sectors closed in the red on Friday. PSU banks and realty, in particular, saw declines of more than 3 per cent. Auto, private banks, capital goods, and consumer durables also fell by around 2 per cent. Mid-cap and small-cap stocks also…

Read More

27

Mar

By The Press Editor

0 Comments

Business

Delhi-Dehradun expressway expected to open for public in early April, preparations in full swing

New Delhi: The much-awaited Dehradun-Delhi Expressway is expected to be inaugurated soon. According to sources, Prime Minister Narendra Modi may visit Dehradun in the first week of April to inaugurate the expressway. Reports suggest that the National Highways Authority of India (NHAI) has indicated that four packages of the Delhi-Dehradun Expressway are fully ready for inauguration. This section extends from Khekra near the Eastern Peripheral Expressway (EPE) to the Saharanpur Bypass. The Chief Secretary of Uttarakhand also recently reviewed the project. According to an official, the inauguration ceremony will be held at the Forest Research Institute, Dehradun, and preparations are…

Read More

27

Mar

By The Press Editor

0 Comments

Business

SBI Life-backed NBFC stock in focus amid decline in benchmark indices, check full details

Mumbai: Shares of SBI Life-backed NBFC Paisalo Digital Ltd are in focus amid a downfall in the benchmark indices Sensex and Nifty on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Crude oil prices staying above the USD 100 per barrel mark and unabated foreign fund outflows have also made investors risk-averse. The 30-share BSE Sensex tanked 926.92 points to 74,346.53 in early trade, while the 50-share NSE Nifty dropped 280.95 points to 23,025.50. Amid this fall, there is a good buy opportunity…

Read More