Shares of Vedanta Ltd rose over 5% on Thursday after the metal and mining firm said its board would consider fourth interim dividend for FY25 on Tuesday, October 8. Vedanta stock rose 5.24% to Rs 504.75 in the afternoon session against the previous close of Rs 479.60 on BSE. Market cap of the firm climbed to Rs 1.96 lakh crore. A total of 14.38 lakh shares of the firm changed hands amounting to a turnover of Rs 70.82 crore on BSE.
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IEX tumbles on market coupling buzz
Market coupling is a model where buy bids and sell bids from all power exchanges in the country will be aggregated and matched to discover a uniform MCP.
Reliance Infrastructure share price rises up to 7.5%, inching close to 1-year high on substantial reduction in debt
Stock Market Today: Reliance Infrastructure share (NSE: RELINFRA) price gained up to 7.5% in morning trades on Thursday and was very close to 1-year (52-week) high. The Reliance Infrastructure share price has been buzzing with news flows as it has reduced standalone external debt from ₹3,831 Crore to ₹475 Crore.
Bajaj Housing Makes Stellar Debut
As Bajaj Housing Finance made a stellar debut on the domestic bourses, some investors could be rueing the missed chance due to technical hiccups. Nearly 14 lakh applications or 16% of total bids in the company’s Initial Public Offering (IPO) – the largest issue in 2024 – were disqualified, according to allotment documents released on Monday. This is the second-highest number of rejections in absolute terms since the Life Insurance Corporation (LIC) IPO in May 2022.
Tata Power share are up by 0.33%, Nifty up by 0.1%
Tata Power shares are trading at price ₹443.3, 0.33% up from the previous closing price. Sensex is trading at ₹82967.01, up by 0.09%. The stock has hit a high of ₹451.6 and a low of ₹441.2 during the day.
Western Carriers India IPO receives tepid response on day 1 of bidding, retail portion fully booked; Latest GMP here
Western Carriers India IPO received a tepid response from investors on the first day of subscription at 79 per cent, with only the retail portion booked fully.
Bajaj Housing Finance shares listing bonanza: Shares debut at 114% premium over IPO price; beat GMP
Bajaj Housing Finance shares listing bonanza: The Rs 6,560-crore initial public offer (IPO) of Bajaj Housing Finance received an overwhelming response, with subscriptions totaling Rs 3.23 lakh crore. The listing implies a profit of Rs 17,120 per lot for investors.