Earlier, the stock market holiday schedule for November 2024 listed only two holidays. However, following the announcement of the Maharashtra Assembly Elections, the Bombay Stock Exchange and the National Stock Exchange declared November 20 as an additional holiday.
These sessions are being conducted based on specific discussions with markets regulator SEBI and their technical advisory committee with a view to assessing the preparedness of market infrastructure institutions.
Stock market update: The next market holiday of the stock exchange is on May 20 (Monday) for the Lok Sabha Elections 2024.
Stock market: Despite external factors and global market conditions, Indian equities demonstrate stability and resilience, providing investors with confidence in the market's long-term prospects.
The sudden downturn in the market sent shockwaves throughout the investor community, as concerns over various economic factors, including inflation and geopolitical tensions, fueled uncertainty and contributed to the sell-off.
The market will remain closed on January 22 in view of Ram Mandir's 'Pran Pratishtha' ceremony in Ayodhya. The consecration ceremony will be performed by PM Modi. Over 7,500 eminent guests have been invited to the grand event.
The Sensex, representing the Bombay Stock Exchange, demonstrated its bullish momentum by achieving an impressive rise of 303.25 points. This surge propelled the Sensex to attain a fresh peak, reaching an impressive level of 69,599.39.
The stock listed at Rs 50, up 56.25 per cent from the issue price on both the BSE and NSE. It further rallied 74 per cent to Rs 55.70 on both the benchmark indices.
Sensex Nifty today: Indian stock indices extended losses from the previous session and edged sharply lower today, tracking weak overnight US markets coupled with rising global crude oil prices amid the strengthening of the US dollar.
Shareholding pattern on exchange show that non-institutional investors own 49.54 per cent stake while promoters have 48.05 per cent stake.
QIP is a method wherein a firm issue shares to the public without going through regulatory compliance.
The Fast-Moving Consumer Goods (FMCG) sector has emerged as a favourite space for FIIs. Notaly, the FMCG sector is considered defensive because it tends to perform relatively well even during economic uncertainty.
The company has posted stellar numbers in the financial year 2022-23 as its revenue jumped more than 900 per cent to Rs 506 crore.
According to financial results available on BSE, the company's profit for the period after tax was Rs 10.07 crore.
The shares were listed on the NSE SME platform and are currently trading at a premium of more than 40 per cent from the IPO issue price of Rs 76.
According to a regulatory filing dated May 24, Nomura Singapore's stake now stands at 1.28 per cent or 1,28,25,854 shares.
The stock closed at Rs 155.61 apiece on the listing day. The company commanded a market cap of Rs 159.09 crore as on the listing day.
As per the exchange, the company's net profit in FY23 skyrocketed 584 per cent to Rs 9.52 crore. In FY22, the same stood at Rs 1.39 crore.
Going by data, the stock in a two-year period has skyrocketed 271 per cent. In a three-year period, it has rallies a massive 492 per cent.
The company's revenue from operation during the quarter under review stood at Rs 83 crore, the maker of finished and semi-finished forged crankshafts and forged components said in a regulatory filing.
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