#nse

Settlement Holiday on 26 August 2026: Stock Market Trading and Settlement Timings The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain open for trading on Wednesday, 26 August 2026. However, the day has been designated as a settlement holiday due to the observance of Id-E-Milad, a religious holiday in the Islamic calendar. As a result, the settlement of eligible trades will be postponed to the next business day, Thursday, 27 August 2026. For investors, this means that trading activities will proceed as usual on 26 August. However, the processing of share credits, sale proceeds, and other settlement-related transactions will be delayed. These activities will instead occur on the following settlement business day, 27 August 2026, when the T+1 settlement cycle will resume. A settlement holiday refers to a day when the stock exchanges remain operational for trading, but the market’s clearing and settlement infrastructure is suspended. This includes clearing corporations, depositories (National Securities Depository Limited and Central Securities Depository Limited), clearing banks, and other institutions responsible for transferring securities and funds between buyers and sellers. During such a holiday, these entities are closed, and therefore, the settlement process does not take place on the designated holiday. On 26 August 2026, the only change will be the deferral of settlement-related activities to the next business day. Trading hours and order execution will remain unchanged, with equity, equity derivatives, and currency derivatives markets operating during their regular hours. Orders will be processed as usual, and intraday trades will continue without interruption. Positions opened during the day will be closed within the same session, unaffected by the settlement holiday.#bse #nse #idemilad #t_plus_1 #national_securities_depository_limited

Milky Mist Dairy Food's Market Debut Surges Nearly 30% Shares of packaged food company Milky Mist Dairy Food Ltd surged nearly 30% on their market debut, closing at Rs 181.45 on the BSE and Rs 181.50 on the NSE, significantly higher than the initial issue price of Rs 140. The stock opened at Rs 165, reflecting a 17.85% increase from the issue price, and ended the trading session with a premium of 29.60% on the BSE and 29.64% on the NSE. The company’s market valuation reached Rs 13,968.81 crore following the listing. The Rs 1,553-crore initial public offering (IPO) had a price band of Rs 133-140 per share, with a fresh issue of up to Rs 1,428 crore and an offer-for-sale (OFS) component of up to Rs 125 crore. This IPO marks the largest fundraising initiative by an Indian dairy company to date, surpassing previous offerings in the sector. Listed competitors in the dairy space include Parag Milk Foods Ltd, Hatsun Agro Product Ltd, and Dodla Dairy Ltd. Proceeds from the fresh issue will be allocated to several strategic initiatives. A significant portion will be used to repay or prepay existing borrowings, while other funds will support the expansion and modernization of the company’s manufacturing facility in Perundurai, Tamil Nadu. The company also plans to strengthen its cold-chain infrastructure, a critical component for maintaining product quality and reducing waste. Additional investments will focus on setting up new production units for whey protein concentrate, yogurt, and cream cheese. The company also intends to install ice cream freezers and chocolate coolers to diversify its product portfolio. A portion of the funds will be reserved for general corporate purposes, including research and development, marketing, and operational efficiency.#bse #nse #milky_mist_dairy_food_ltd #parag_milk_foods_ltd #hatsun_agro_product_ltd

Vodafone Idea shares surge 11% in three sessions as telecom tariff hike speculation intensifies Vodafone Idea shares climbed nearly 11 percent over three consecutive trading sessions, fueled by speculation about potential industry-wide tariff hikes following Bharti Airtel’s recent prepaid plan rationalization. The stock closed at Rs 14.11 on the NSE, up 4.44 percent, extending gains from prior sessions. The broader BSE Telecommunication index also rose nearly 1 percent, reflecting sector-wide optimism. Analysts and investors are closely watching whether Airtel’s pricing adjustments could trigger a broader industry shift. Airtel’s decision to withdraw four prepaid plans—Rs 299, Rs 579, Rs 619, and Rs 649—on August 12 has sparked discussions about its strategy to boost average revenue per user (ARPU). For users of the Rs 299 plan, the nearest alternative is now the Rs 349 pack, effectively raising prices by 16 percent. While Airtel has not announced a broad-based tariff increase, analysts view its portfolio restructuring as a way to enhance monetization without raising prices across all plans. This move has raised questions about whether it could set the stage for a sector-wide pricing reset. The implications for Vodafone Idea are significant, as the company continues to focus on improving revenue, profitability, and cash flow. Vishnu Kant Upadhyay of Master Capital Services noted that a tariff hike could further boost Vodafone Idea’s ARPU and revenue. The company now faces a strategic choice: it could follow Airtel’s lead by rationalizing its own lower-priced plans to increase ARPU, or it could retain cheaper options to attract price-sensitive customers, particularly those using Vodafone Idea as a secondary SIM.#nse #bharti_airtel #vodafone_idea #bse_telecom_index #ambit_institutional_equities

Swiggy Ltd. Share Price Surges 3.58% Amid Sector-Wide Valuation Disparity Swiggy Ltd. (SWIGGY) shares closed at Rs 282.15 on 20 August 2026, marking a 3.58% increase from the previous close of Rs 272.40. The stock’s rise to Rs 282.15, with an intraday high of Rs 285.35 and a low of Rs 274.00, positioned it among the top gainers in the Indian stock market. The surge, driven by active trading volume of 70,21,803 shares—66,69,888 on the NSE and 3,51,915 on the BSE—highlighted the stock’s significance in the Retailing sector. Swiggy Ltd.’s market capitalisation of Rs 75,604.99 crore stood out as it dwarfed its retailing peers, which ranged from Rs 1.60 crore to Rs 3,077.85 crore. The company’s valuation metrics further underscored this divergence. While the sector’s benchmark P/E ratio spanned from 0.96x to 1,461.93x, Swiggy’s absence from specific valuation data meant its size and scale became the primary focus. The stock’s market cap, over 80 times larger than the next-largest peer, placed it in a distinct category within the Retailing sector. The sector’s valuation and profitability dispersion revealed stark contrasts. The median P/E ratio for retailing companies was 18.69x, while the average soared to 68.74x, indicating a mix of undervalued and high-multiple firms. Similarly, profitability metrics like ROE and ROCE varied widely, with medians at 1.43% and 6.61%, respectively, but averages significantly higher. This diversity suggested that Swiggy’s performance could be influenced by factors beyond its immediate peers. Swiggy’s position in the sector also highlighted its unique market dynamics. While the benchmark P/B ratio stood at 1.72x, the company’s P/B data was not provided, complicating direct comparisons.#bse #nse #market_capitalisation #swiggy_ltd #retailing_sector

Dhoot Transmission and Molbio Diagnostics IPOs See Strong Debut with Premium Listings Shares of Dhoot Transmission and Molbio Diagnostics made a notable debut on the stock exchanges, with both companies listing at prices significantly higher than their initial public offering (IPO) prices. Dhoot Transmission's shares opened at Rs 1,200 on the BSE, marking a 37.77 per cent premium over the IPO price of Rs 871 per share. On the National Stock Exchange (NSE), the stock debuted at Rs 1193.80, a 37.06 per cent increase from the issue price. Molbio Diagnostics shares listed at Rs 980 on both the BSE and NSE, reflecting a 21.44 per cent premium over the IPO price of Rs 807. Both stocks are now available for trading, with the BSE confirming their listing under the 'B' Group of Securities. The IPOs received strong investor demand, with Dhoot Transmission's shares attracting 74.21 times subscription on the final day of the share sale. Molbio Diagnostics, meanwhile, saw a subscription rate of 70.26 times. Ahead of the listing, grey market premiums (GMP) indicated further upside potential. Molbio Diagnostics' unlisted shares were trading at a GMP of Rs 120, suggesting an expected listing price of around Rs 927, which would represent a 14.87 per cent premium over the IPO price. For Dhoot Transmission, the GMP stood at Rs 258, implying a projected listing price of Rs 1129, a 29.62 per cent premium over the issue price. The IPOs also reflected robust fundraising efforts. Molbio Diagnostics, a Goa-based point-of-care diagnostics company, raised Rs 281.5 crore from anchor investors before its public offering. The company is backed by major investors such as Temasek and Motilal Oswal Private Equity. Dhoot Transmission's Rs 3,067-crore IPO attracted bids for 1.#bse #nse #goa #dhoot_transmission #molbio_diagnostics

Technocraft Ventures IPO Day 2: Grey Market Premium Surges as Subscription Activity Grows The initial public offering (IPO) of Technocraft Ventures Ltd entered its second day of trading in the Indian primary market, with the grey market premium (GMP) for its shares jumping to Rs.21 on August 10, up from Rs.10 on the previous day. The company, which aims to raise Rs.252 crore through its public issue, has set a price band of Rs.200 to Rs.212 per equity share. The offering includes both fresh shares and an Offer for Sale (OFS), with Rs.202 crore allocated for fresh equity and Rs.50 crore reserved for the OFS route. The IPO is open until August 11, 2026, and is expected to list on the BSE and NSE exchanges by August 14, 2026. Analysts have provided mixed but generally positive assessments of the IPO. Anand Rathi noted that at the upper price band, the company’s valuation stands at a price-to-earnings (P/E) ratio of 19.4x, based on its FY26 annualized earnings per share (EPS) of Rs.14.39. This implies a post-issue market capitalization of approximately Rs.8,397 million. The firm highlighted Technocraft Ventures’ diversified order book, expanding geographical presence, and integrated EPC (engineering, procurement, and construction) capabilities as factors supporting long-term growth. However, Rathi cautioned that the proposed valuation appears fairly priced relative to listed peers. Sushil Financial Services also recommended subscription, citing the company’s strong revenue and profit growth, efficient working-capital deployment for order-book expansion, low debt reliance, and competitive valuation compared to industry counterparts. The firm emphasized the potential for sustained performance given these fundamentals.#bse #nse #anand_rathi #technocraft_ventures_ltd #sushil_financial_services

NSE Extends F&O Market Closing Time to 3:40 PM Starting August 3 The National Stock Exchange (NSE) has announced an extension of the normal market closing time for the equity derivatives segment (F&O) by 10 minutes, effective from August 3. The F&O segment will now close at 3:40 PM instead of the previous 3:30 PM. This adjustment aims to align the derivatives market with the new closing auction session (CAS) introduced in the cash segment. The change is part of a broader effort to harmonize the operations of the cash and derivatives markets. The CAS, which began rolling out earlier, involves a short trading period at the end of the day where market participants submit buy or sell orders to determine a fair closing price for securities. This mechanism is designed to ensure continuity and smooth transitions between the cash and derivatives markets during the end-of-day trading process. Under the revised schedule, the closing auction session will run from 3:15 PM to 3:35 PM, divided into three phases. From 3:15 PM to 3:20 PM, the transition from the continuous trading session (CTS) to CAS occurs, with reference prices calculated based on trades from 3:00 PM to 3:15 PM. From 3:20 PM to 3:25 PM, both market and limit orders can be placed. From 3:25 PM to 3:30 PM, only limit orders are allowed, with no modifications or cancellations of market orders. The order entry session may randomly close between 3:28 PM and 3:30 PM. The CAS also introduces new rules for price bands and pre-trade risk controls, which will apply to the equity derivatives segment. These measures aim to enhance market integrity and ensure seamless transitions during the end-of-day process. Additionally, the operational changes include notifications from NSE about adjustments to the operating price range for stock futures contracts.#nse #sebi #futures_options #closing_auction_session #cash_segment

बदल गया शेयर बाजार का समय, 3 अगस्त से अब इस समय होगा बंद भारतीय प्रतिभूति एवं विनिमय बोर्ड (SEBI) और नेशनल स्टॉक एक्सचेंज (NSE) ने घोषणा की है कि 3 अगस्त 2026 से शेयर बाजार में बड़े बदलाव लागू होंगे। इन बदलावों में F&O शेयरों के लिए क्लोजिंग ऑक्शन सेशन (Closing Auction Session-CAS) शुरू होगा और डेरिवेटिव्स ट्रेडिंग का समय 10 मिनट बढ़ा दिया गया है। इस बदलाव का मकसद शेयरों के क्लोजिंग प्राइस को अधिक पारदर्शी और सटीक बनाना है। नए नियमों के तहत, शेयर बाजार के सभी सेगमेंट एक ही समय पर बंद नहीं होंगे। नॉन-F&O शेयरों की ट्रेडिंग शाम 3:30 बजे तक जारी रहेगी, जबकि F&O सेगमेंट के कैश मार्केट में शामिल शेयरों की सामान्य ट्रेडिंग 3:15 बजे तक होगी। इन शेयरों के लिए 3:15 बजे से 3:35 बजे तक क्लोजिंग ऑक्शन सेशन चलेगा। स्टॉक और इंडेक्स F&O में ट्रेडिंग अब शाम 3:40 बजे तक होगी, जिसके बाद पोस्ट-क्लोज सेशन 3:50 बजे से 4:00 बजे तक रहेगा। क्लोजिंग ऑक्शन सेशन के दौरान, खरीद और बिक्री के सभी ऑर्डर एक साथ इकट्ठा किए जाएंगे और एक तय संतुलित कीमत पर उनका मिलान होगा। यही कीमत उस शेयर का आधिकारिक क्लोजिंग प्राइस होगी। SEBI का मानना है कि इससे शेयर का अंतिम भाव बाजार की वास्तविक मांग और आपूर्ति को बेहतर तरीके से दिखाएगा। क्लोजिंग ऑक्शन सेशन को चरणों में पूरा किया जाएगा। 3:15 बजे से 3:20 बजे तक सामान्य ट्रेडिंग से CAS में बदलाव और रेफरेंस प्राइस तय होगा। 3:20 बजे से 3:25 बजे तक निवेशक मार्केट और लिमिट ऑर्डर डाल सकेंगे। 3:25 बजे से 3:30 बजे तक केवल लिमिट ऑर्डर स्वीकार होंगे, जबकि मार्केट ऑर्डर में बदलाव या रद्द करने की अनुमति नहीं होगी। 3:28 बजे से 3:30 बजे के बीच ऑर्डर एंट्री बंद कर दी जाएगी। इसके बाद 3:30 बजे से 3:35 बजे तक ऑर्डर मैच होंगे और क्लोजिंग प्राइस तय किया जाएगा। NSE ने डेरिवेटिव्स ट्रेडिंग का समय बढ़ाकर शाम 3:40 बजे कर दिया है। इससे ट्रेडर्स को अपनी खुली हुई पोजिशन की हेजिंग करने, कैश मार्केट ऑक्शन के बाद ट्रेड में बदलाव करने, इंट्राडे पोजिशन बंद करने और एक्सपायरी वाले दिन बाजार में होने वाले उतार-चढ़ाव को बेहतर तरीके से संभालने के ल...#nse #sebi #closing_auction_session #derivatives_trading #zerox

Waaree Energies Share Price Drops Over 6% Despite Q1 Earnings Growth; Here’s What Investors Should Know Waaree Energies shares fell more than 6% on Thursday, July 30, as investors focused on the company’s margin contraction following its Q1 earnings report. Despite a healthy growth in earnings, the decline was driven by concerns over rising input costs and a narrowing EBITDA margin in the April to June quarter of the financial year 2026-27. The stock opened at ₹2,561, a drop of 6.4% from the previous close of ₹2,736.20, before trading at ₹2,577.60 in the morning session. The company filed its Q1 earnings report after market hours on July 29, revealing a 63.5% surge in input materials costs, which rose to ₹4,843.93 crore in the June quarter compared to ₹2,962.43 crore a year earlier. This increase in costs weighed heavily on the company’s margins, leading to a 438 basis point contraction in EBITDA margins to 18.15% from 22.53% in the same period the previous year. However, operational EBITDA improved by 44% to ₹1,440 crore, up from ₹997 crore in the corresponding quarter of the prior financial year. Despite the margin pressures, Waaree Energies reported a 14% rise in consolidated net profit to ₹850 crore in the first quarter of FY27, compared to ₹745 crore in the same period a year earlier. Revenue from operations surged 79% to ₹7,932 crore, driven by strong performance in its core segments. The Solar Panel Manufacturing segment saw a 91% YoY increase in revenue to ₹7,399.82 crore, while the EPC contracts business grew 55% to ₹913.99 crore. In contrast, the renewable power generation segment declined 11% to ₹9.86 crore, reflecting weaker performance in this area. The stock’s decline followed a broader trend of underperformance since its NSE listing on October 28, 2024.#nse #renewable_energy_sector #waaree_energies #financial_year_2026_27 #q1_earnings_report

NSE's IPO Positions It as Competitive Threat to BSE and MCX Shares of the Bombay Stock Exchange (BSE) and the Multi Commodity Exchange (MCX) fell by up to 5% following a report by investment bank Jefferies, which highlighted the National Stock Exchange (NSE)’s competitive advantages ahead of its planned initial public offering (IPO). The analysis suggested that NSE’s market dominance, diversified revenue streams, and strong financial performance position it as a formidable rival to BSE and MCX, potentially reshaping the dynamics of India’s financial markets. Jefferies emphasized that NSE holds a market share of over 90% in most segments, including equities, derivatives, commodities, currencies, bonds, and clearing services. Its clearing arm controls 88% of the cash market and 91% of futures and options (F&O) clearing, while technology and data services contribute 13% of its total revenues. The bank noted that NSE’s expansion into commodities and its broad product portfolio provide it with greater resilience and growth potential compared to BSE and MCX. This diversification, combined with its leadership in key segments, is expected to bolster NSE’s ability to compete effectively in the evolving market landscape. The derivatives market has emerged as a significant driver of NSE’s revenue growth. India’s equity options market has grown at a compound annual growth rate (CAGR) of 56% between fiscal years 2020 and 2026, far outpacing the 19% growth in cash market turnover. Currently, options premiums account for an average of 70% of daily cash turnover, making derivatives approximately 70% of the exchange’s operating revenues. While India trades more option contracts than the United States, the volume of premium transactions remains only one-fifth as large, leaving room for further expansion.#bse #nse #mcx #jefferies #sebi

NSE vs BSE: Which exchange leads on revenue, profit and growth ahead of NSE IPO? The National Stock Exchange of India (NSE) has taken a significant step toward its public offering by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The proposed IPO is structured as a complete offer-for-sale (OFS) of up to 14.89 crore equity shares, with existing shareholders selling their stakes. The shares will be listed on the Bombay Stock Exchange (BSE), mirroring BSE's own listing on NSE. Key selling shareholders include State Bank of India, Canada Pension Plan Investment Board, and several insurance and financial institutions. This move underscores NSE's strategic positioning as it prepares for its market debut. NSE and BSE collectively dominate India's organised stock and derivatives trading markets, operating as a duopoly. Despite a year-on-year decline in revenue, NSE's FY26 financials highlight its superior performance compared to BSE. NSE reported revenue of ₹16,601 crore, over 3.5 times higher than BSE's ₹4,833 crore, while its net profit (PAT) stood at ₹10,302 crore, more than four times BSE's ₹2,487 crore. This disparity reflects NSE's larger scale and market share, particularly in cash market trading, where its average daily volume reached ₹1.05 lakh crore compared to BSE's ₹7,950 crore. NSE also maintains a stronger position in the derivatives segment. The revenue streams for both exchanges are diversified, with transaction charges forming the largest portion. NSE earned ₹13,057 crore from transaction charges and ₹352 crore from listing services, while BSE generated ₹3,795 crore from transaction charges and ₹519 crore from listing services. These segments constitute the bulk of their total revenue.#bse #nse #state_bank_of_india #sebi #canada_pension_plan_investment_board

NSE IPO: A Dominant Exchange's Journey to Public Markets The National Stock Exchange (NSE) has taken a significant step toward its long-awaited initial public offering (IPO) by filing its Draft Red Herring Prospectus (DRHP), marking a pivotal moment for one of India’s most influential financial institutions. The move has generated widespread attention, given NSE’s central role in the country’s financial ecosystem and its historical dominance in trading volumes. However, the path to listing has been fraught with regulatory scrutiny, legal challenges, and evolving market dynamics, all of which shape the narrative around this high-profile IPO. NSE’s position as the backbone of India’s financial markets is underscored by its unparalleled control over trading activity. In fiscal year 2026 (FY26), the exchange captured 92.99% of India’s cash market turnover, 99.79% of equity futures trading, and 74.71% of equity options premium turnover. These figures highlight its dominance across key segments, particularly derivatives, where it has become the default platform for traders, institutions, and market makers. This dominance is amplified by network effects: as liquidity attracts more participants, the exchange’s infrastructure becomes increasingly indispensable, creating a self-reinforcing cycle that strengthens its market position. The financial health of NSE is equally impressive. In FY26, the exchange generated over ₹16,600 crore in revenue, with nearly ₹13,057 crore coming from transaction charges. These fees, collected from billions of trades processed annually, form the lifeblood of NSE’s business model. Its normalized operating EBITDA margin stood at 76.23%, and its profit for the year reached ₹10,302 crore.#nse #bank_of_baroda #state_bank_of_india #sebi #stock_holding_corporation_of_india

Bajaj Finance Allots ₹4,505 Crore NCDs; Shares Rise 4.84% Bajaj Finance allotted secured redeemable non-convertible debentures (NCDs) worth ₹4,505.15 crore through a private placement, as disclosed in a regulatory filing under SEBI (LODR) Regulations, 2015. The company stated that the Debenture Allotment Committee approved the allotment of 4,50,000 NCDs with a face value of ₹1 lakh each during a meeting held on June 12, 2026. The issuance comprised two series of debentures listed on the wholesale debt market segment of BSE Ltd. Under Option I, the company allotted 2,00,000 NCDs aggregating ₹2,000 crore with a coupon rate of 7.93% per annum. These debentures mature on June 12, 2029, after a tenure of 1,096 days. Under Option II, Bajaj Finance allotted 2,50,000 NCDs aggregating ₹2,504.25 crore with a coupon rate of 8.00% per annum, maturing on June 12, 2030, after a tenure of 1,795 days. The instruments are secured by a first pari-passu charge on receivables and related monies, subject to stipulated security cover requirements. Bajaj Finance’s share price surged 4.84% following the announcement. As of 2:52 PM IST on June 12, 2026, shares were trading at ₹912.65 on the National Stock Exchange (NSE), up from the previous close of ₹870.55. The stock movement reflected investor evaluation of the company’s fundraising activity and liquidity position amid expansion in lending businesses. Bajaj Finance Ltd operates as a non-banking financial company (NBFC) with lending operations in consumer finance, SME lending, commercial lending, rural finance, and wealth management. The company regularly accesses debt capital markets through NCDs and other instruments to support funding requirements and business growth.#nse #national_stock_exchange #bajaj_finance #sebi #bse_ltd

Mock Trading Sessions Continue on NSE and BSE on Saturday NSE and BSE will conduct mock trading sessions on Saturday, June 13, 2026, despite the day typically being a holiday for investors. The activity is part of system testing to ensure the technical infrastructure of the stock exchanges remains robust. Unlike regular trading, no real money transactions will occur during this session. The mock trading will cover multiple segments, including equities, electronic gold receipts, currency derivatives, and commodity derivatives. The primary objective is to evaluate the strength of the market’s technical framework and identify potential system issues before actual trading resumes. This exercise is designed to prevent disruptions and ensure seamless operations for investors. NSE announced the mock trading schedule on Friday, June 12, 2026, specifying that the session will take place on the primary and BCP sites. A re-login session will also be conducted on Monday, June 15, 2026, to address any login-related problems. The timing of the mock trading aligns with the standard market hours, allowing participants to test their platforms without financial risk. Investors are advised that the session is purely technical and does not impact real market activities. The exchanges aim to simulate real trading conditions, enabling brokers, traders, and market participants to practice order placements and system interactions. This practice helps identify and resolve technical glitches, ensuring that the platforms operate efficiently during actual trading days. Mock trading is a routine exercise for stock exchanges to maintain reliability and address potential risks. With millions of trades processed every second, technical failures could disrupt operations and affect investors.#bse #nse #stock_exchanges #mock_trading_sessions #technical_infrastructure

Hexagon Nutrition IPO Launches Today: GMP Indicates Strong Investor Interest Hexagon Nutrition, a Mumbai-based health and wellness company, is set to debut on the stock market today with an initial public offering (IPO) aimed at raising nearly Rs 140 crore from the primary market. The IPO, which opens on June 5, features a price band of Rs 42 to Rs 45 per equity share. The company’s unlisted shares have been trading at Rs 57 in the private market, suggesting a potential listing gain of over 25% for investors. The grey market premium (GMP) for the IPO is currently Rs 12, indicating a projected 26.67% premium over the upper end of the price band. This suggests strong investor appetite, though it is important to note that GMP is speculative and not an official indicator. The GMP data is sourced from InvestorGain, a financial analytics platform. The IPO is structured as a book build issue totaling Rs 138.87 crore, which includes an offer-for-sale (OFS) component of 3.09 crore shares. Retail investors must bid for a single lot of 333 shares, requiring an investment of Rs 14,985. Small Non-Institutional Investors are eligible to bid for 14 lots, amounting to Rs 2,09,790, while Big Non-Institutional Investors can participate by bidding for a minimum of 67 lots, which requires Rs 10,03,995. Cumulative Capital Ltd. is the book-running lead manager, and Kfin Technologies Ltd. serves as the registrar for the issue. The subscription period for the IPO runs from June 5 to June 9. Share allotment results are expected to be finalized on June 10, with successful bidders receiving shares in their demat accounts by June 11. Refunds for unsuccessful applicants will also be processed on the same day. Hexagon Nutrition’s shares are scheduled to list on the BSE and NSE on June 12.#bse #nse #hexagon_nutrition #investor_gain #cumulative_capital

IFCI Shares Surge 22% in Two Days, Hit 52-Week High Amid NSE IPO Hype Shares of state-owned IFCI Ltd surged 14.24% in Wednesday’s trading session, hitting a new 52-week high of Rs 81.90. This marks a total gain of 21.78% over just two trading days. The sharp rise has drawn attention from market participants, who linked the stock’s performance to its indirect exposure to the National Stock Exchange of India (NSE). IFCI holds a stake in NSE through its majority ownership of Stock Holding Corporation of India Ltd (SHCIL). The rally gained momentum amid renewed optimism surrounding the NSE’s long-awaited initial public offering (IPO), expected to launch later this month. Analysts noted that the exchange’s public listing is nearing its final stages, which has bolstered investor sentiment. Ravi Singh, Chief Research Officer at Master Capital Services, highlighted that IFCI’s investments tied to NSE have contributed to the stock’s recent traction. Kranthi Bathini of WealthMills Securities echoed this, stating that IFCI’s share price movement appears closely tied to developments around the NSE IPO. Technical analysts have identified key levels in the stock’s trajectory. Osho Krishan of Angel One observed that IFCI broke out of the Rs 65-70 resistance zone, propelling the stock toward the Rs 88-90 range. He warned that while the indicators are stretched, the stock’s momentum suggests further upside potential. Kunal Kamble of Bonanza noted a decisive bullish breakout above a long-term ascending triangle pattern, supported by strong trading volumes. He projected the stock could rise toward Rs 88-95 in the medium term, with Rs 72 now serving as a critical support level. Jigar S Patel of Anand Rathi outlined a short-term trading range of Rs 72 to Rs 82, suggesting that a move above Rs 80 could trigger additional gains.#nse #ifci_ltd #shcil #ravi_singh #kranthi_bathini

CMR Green Technologies IPO Opens Today with Strong Gray Market Premium The IPO of CMR Green Technologies Limited, a leading non-ferrous metal recycling company in India, opened for subscription today. The offering has attracted significant interest, with the gray market premium (GMP) rising sharply since the price band was announced. Investors can apply for shares until May 5, 2026. Price Band and Subscription Details The IPO has a price band of ₹182 to ₹192 per share, with a minimum lot size of 78 shares. The company aims to raise ₹630.88 crore by issuing 32,858,323 equity shares. The issue was initially open to anchor investors starting on April 20, 2026, and now retail and other investors can apply. Company Overview Based in Faridabad, Haryana, CMR Green Technologies specializes in recycling non-ferrous metals such as aluminum, copper, zinc, stainless steel, and magnesium. The company processes scrap metal from domestic and international sources using eco-friendly and scientific methods. Its primary clients include major industrial players like Honda Cars India, Bajaj Auto, Hero MotoCorp, Royal Enfield, Maruti Suzuki, and Jindal Stainless. Financial Performance As of December 31, 2025, CMR Green reported a net profit of ₹162.39 crore, with revenue reaching ₹6,291 crore. For the fiscal year ending March 31, 2025, the company earned a net profit of ₹155.04 crore, with revenue at ₹6,696.66 crore. The company’s current market capitalization is estimated at ₹4,205 crore. Lead Managers and Listing Plans The book-running lead managers for the IPO are Equirus Capital, ICICI Securities, and Motilal Oswal Investment Advisors. Kfin Technologies Ltd is the registrar to the issue. The shares are expected to be listed on both the BSE and NSE by June 10, 2026, assuming all conditions are met.#faridabad #haryana #bse #nse #cmr_green_technologies

NSE Pre-IPO Window Closes Soon; Analysts Warn Against Rush to Buy Unlisted Shares The National Stock Exchange (NSE) is nearing the final stages of its highly anticipated initial public offering (IPO), with the draft red herring prospectus (DRHP) expected to be filed by the second week of June. This development has reignited interest in NSE’s unlisted shares, which have been actively traded in the private market. However, analysts caution that investors should not treat the approaching IPO as a guaranteed opportunity for quick profits, emphasizing the risks of overpaying for shares at current valuations. NSE’s unlisted shares currently trade in the range of Rs 1,950-2,050 per share, implying a valuation of approximately Rs 5 lakh crore. This valuation already reflects significant optimism about the company’s potential listing. Paresh Bhagat, CIO of Veer Growth Fund, noted that while NSE remains one of India’s strongest financial franchises, investors should avoid buying unlisted shares solely because the DRHP filing is imminent. He highlighted that the exchange’s FY26 profit after tax of Rs 10,300 crore already supports a valuation of 48-50 times earnings, suggesting much of its strength is already priced into the market. Analysts warn that the IPO pricing could be lower than current unlisted valuations, potentially leaving investors with limited upside or even temporary losses. Bhagat explained that many companies deliberately price their IPOs below prevailing unlisted market prices to leave room for public market investors. If this occurs, buying NSE shares at current prices could result in a gap between the IPO price and the unlisted valuation, reducing potential returns.#nse #parash_bhagat #veer_growth_fund #arpit_jain #arihant_capital_markets

IRM Energy and Piramal Pharma Surge Despite Market Downturn Global market declines and falling crude oil prices led to a significant drop in stock indices on Thursday, with the Sensex falling below 78,000 and the Nifty 50 slipping below 24,200. However, IRM Energy and Piramal Pharma shares defied the broader market weakness, posting sharp gains that attracted investor attention. IRM Energy’s shares rose over 15%, while Piramal Pharma’s shares surged more than 7%, marking a stark contrast to the overall market slump. The market downturn was driven by a surge in crude oil prices above $100 per barrel and weakness in Asian markets, which pressured investor sentiment. Despite these challenges, IRM Energy and Piramal Pharma emerged as standout performers. IRM Energy, a small-cap energy company, saw its shares trade at a record volume of over 3 crore on the NSE, reflecting heightened investor interest. Piramal Pharma’s shares also recorded a high trading volume of 3.10 crore, the highest since March 2025, ahead of its upcoming quarterly and annual results on April 28. IRM Energy, which operates as a city gas distribution (CGD) company, has seen its valuation shift from “expensive” in January 2026 to “fair” by April 2026. Its P/E ratio ranged between 19.30 and 21.60, with analysts rating it a “BUY” and setting a 12-month target price of ₹402.00. The company holds a monopoly in its geographic area for compressed natural gas (CNG) and piped natural gas (PNG) supply and is largely tax-free. However, its return on equity (ROE) remains low at 4-7%, and a zero PEG ratio raises concerns about growth potential. Piramal Pharma, a key player in the pharmaceutical sector, has attracted strong analyst confidence, with a “Strong Buy” rating and a 12-month target price range of ₹200-₹228, indicating potential for over 30% gains.#sensex #nifty_50 #nse #irm_energy #piramal_pharma

INFY.NS Stock Drops 1.2% Ahead of Q4 Earnings on April 16 Infosys Limited (INFY.NS) saw its stock decline 1.21% in pre-market trading on the NSE, falling to ₹1,276.8 from yesterday’s close of ₹1,292.5. The drop comes as investors brace for the company’s Q4 FY26 earnings report on April 16, a key event for the India-based IT services sector. With a market cap of ₹5.18 trillion and a trading volume of 10.36 million shares, INFY.NS remains a major player in the technology industry. Analysts and investors are closely monitoring the upcoming results, which could influence broader sentiment in the sector. Technical analysis of INFY.NS shows the stock opened at ₹1,272, with a day range between ₹1,265.7 and ₹1,289. The 1.21% decline reflects cautious investor behavior ahead of earnings, as the stock trades below both the 50-day moving average of ₹1,330.77 and the 200-day average of ₹1,489.30. Year-to-date, the stock has fallen 20.96%, though it remains above its 52-week low of ₹1,215.1. The RSI reading of 43.22 suggests the stock is neither overbought nor oversold, leaving room for potential directional movement once earnings are released. Meyka AI assigns INFY.NS a B+ grade and a Buy recommendation, citing factors such as its S&P 500 benchmark comparison, sector performance, and financial growth. The stock trades at a PE ratio of 17.82, significantly below the technology sector average of 38.57. With an EPS of 71.63 and a price-to-sales ratio of 2.81, INFY.NS appears reasonably valued. The dividend yield of 3.52% offers income alongside potential capital gains. However, the AI-grade is not a guarantee, and the analysis is not financial advice. Infosys demonstrates strong financial fundamentals, including a current ratio of 1.81, indicating healthy short-term liquidity.#nse #infosys_limited #meyka_ai #q4_fy26_earnings #information_technology_services