The stock dipped 5% to Rs 931 on NSE after the company announced that its board approved the buyback of shares at a price not exceeding of Rs 1,100 from the open market
RRM is not essentially a type of order but a mode into which a member is put into when he violates his collateral limit
The exchange said that it will provide in due course details regarding actions for non-compliance
BSE will suspend trading in the securities of seven companies from October 18 for non- compliances of certain norms for two consecutive quarters. The seven companies are Bio Green Papers, Gujarat Carbon & Industries, Malwa Cotton Spinning Mills, Suryachakra Power Corporation, Unimers India, VKS Projects and Visu International, a notice issued by the exchange said today. "Trading in securities of the companies will be suspended from October 18, 2017 on account of non-compliance with regulation 55A of the Sebi (Depositories and Participants) Regulations, 1996 for two consecutive quarters - March and June 2017," it added. "In case, any of the aforesaid companies comply (to the satisfaction of the exchange) with the provisions of the regulation of the Sebi (depositories and participants) regulations on or before October 12, 2017, trading in securities of the said companies will not be suspended," the notice said. The exchange also ordered freezing of the entire promoter
Leading stock exchange BSE will shift stocks of 10 firms to the restricted trading category from September 25 for not complying with listing rules. The scrips will be transferred to 'Z' group, according to a BSE notice dated September 15. The stocks to be moved are Asahi Infrastructure & Projects, Bansisons Tea Industries, Delma Infrastructure, Dune Mercantile, Educomp Solutions, Filtron Engineers, Gammon India, Noble Explochem, Rei Agro and Relson India. "Scrips will be transferred to Z group with effect from September 25, 2017, due to non-compliances for two consecutive quarters i.E. March 2017 and June 2017 for the Regulation 33 of Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015," BSE said. Regulation 33 pertains to submission of financial results. "The trades in these scrips executed in Z group will be settled on trade for trade basis," the exchange added. The Z group includes companies that have failed to comply with Sebi's listing ...
Indian Navy has deployed five flood rescue teams and two diving teams to render assistance
Stocks of 117 companies that have remained suspended for more than 10 years would be 'delisted'
At the end of last month, value of shares pledged with NBFCs was Rs 62,835 cr
Social media messages are making fun of how Central Depository Services pipped BSE
BSE & EGX will build expertise in product development & boost international connectivity
Bid to take place between 3:30 pm and 5:30 pm, after the close of market hours on Wed
Over 800 companies were named under the GSM framework in March
Three years before, when Narendra Modi stormed to victory in the general election, the benchmark Sensex and the broader stock market were throbbing in anticipation. His high-octane campaign and pro-business manifesto caught the imagination of the business community in general, the cheer led by rosy reports from foreign brokerages. This column had written around the same time that year that Modi had formidable economic benchmarks set by his predecessor, Manmohan Singh, to beat. Including stock prices which rose five to six times during a 10-year tenure. Local brokerages joined the party after May 15, 2014, when the beginning of the Modi era was officially confirmed, with the election results. One memorable one was by Karvy Stock Broking's portfolio management services arm. In early June that year, it issued a report predicting 100,000 on the Sensex by 2020. The report reasoned out its prediction, wild by even by the euphoric standards of that time, by saying such a number would ...
Total market valuation of all companies listed on BSE touched a lifetime peak of over Rs 125 lakh crore today helped by strong gains in broader market. The BSE 30-share Sensex surged 287 points to end at a three-week high of 29,943.24, after shuttling between 29,961.82 and 29,780.84. Following rise in stocks, the market capitalisation (m-cap) of BSE-listed companies soared to Rs 1,25,53,561 crore. The m-cap of BSE companies had surged over Rs 124 lakh crore yesterday. Investor wealth also rose by Rs 1.11 lakh crore today. The 50-share Nifty rallied 88.65 points, or 0.96 per cent, to reach its new lifetime closing high of 9,306.60, surpassing the previous record close of 9,265.15 on April 5. From the 30-share Sensex pack, 24 scrips ended higher. Major gainers were M&M, Axis Bank, Bharti Airtel and Hero Moto. Among BSE sectoral and industry indices, telecom rose by 2.62 per cent, FMCG (1.67 per cent) and realty (1.26 per cent). The BSE midcap index rose by 1.06 per cent t
BSE is waiting for the final approval of markets regulator Sebi to commence operations
This move that is expected to attract a larger number of big deals
Pharma, banking and rural demand-based industries among laggards
BSE Sensex dropped 44.52 points, a day after it surged 496.40 points following BJP's win in UP polls
BSE has also raised charges for companies with listed capital within the slab of Rs 400-500 crore
Intends to give speedy, timely, accurate information on firms to investors as well as news agencies