FIIs cut stake in 12 smallcap stocks over 2 quarters; shares fall up to 50% in CY26
FIIs cut stake in 12 smallcap stocks over 2 quarters; shares fall up to 50% in CY26
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India said to plan easier rules to boost micro-cap listings
India’s markets regulator is planning sweeping changes in rules that could bolster tiny-company listings and increase investor participation, according to people familiar with the matter. The Securities and Exchange Board of India plans to allow companies with a market value of as much as Rs 4,000 crore ($420 million) to use the so-called small and…
Neuland Laboratories shares jump over 6% after 975% YoY surge in Q1 profit
Shares of Neuland Laboratories rose over 6% to Rs 21,200 on the BSE on Thursday after the company reported a sharp jump in its June quarter earnings. Its profit after tax surged 975% year-on-year to Rs 147.4 crore in Q1 FY27, compared with Rs 13.7 crore a year ago. The company released its Q1 results…
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devices
Shares of Sterlite Technologies and HFCL rallied 5% each on Wednesday following reports that the US administration is considering a ban on Chinese data centre equipment imports. Sterlite Technologies touched a day’s high of Rs 636, while HFCL climbed to Rs 212. According to a Reuters report, the Trump administration is drafting a ban on…
NSE IPO set to deliver massive gains to state-run insurance firms
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RailTel Corporation shares rally 5% after bagging Rs 166.8 crore EPFO order
Shares of RailTel Corporation of India gained nearly 5% in Wednesday’s trading session after the company announced it had received a work order from the Employees’ Provident Fund Organisation (EPFO). The stock rose 4.96% to Rs 290.85 following the announcement. The order involves an extension of RailTel’s Infrastructure-as-a-Service (IaaS) engagement with EPFO. According to the…
