Harsha Engineers International Ltd leads losers in 'B' group
Starteck Finance Ltd, Pil Italica Lifestyle Ltd, Apollo Micro Systems Ltd and Creative Eye Ltd are among the other losers in the BSE's 'B' group today, 11 June 2025.
Starteck Finance Ltd, Pil Italica Lifestyle Ltd, Apollo Micro Systems Ltd and Creative Eye Ltd are among the other losers in the BSE's 'B' group today, 11 June 2025.
Harsha Engineers International Ltd tumbled 8.45% to Rs 394.8 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 30.71 lakh shares were traded on the counter so far as against the average daily volumes of 68806 shares in the past one month.
Starteck Finance Ltd crashed 8.32% to Rs 292. The stock was the second biggest loser in 'B' group.On the BSE, 3395 shares were traded on the counter so far as against the average daily volumes of 4333 shares in the past one month.
Pil Italica Lifestyle Ltd lost 5.31% to Rs 18.2. The stock was the third biggest loser in 'B' group.On the BSE, 1.24 lakh shares were traded on the counter so far as against the average daily volumes of 1.02 lakh shares in the past one month.
Apollo Micro Systems Ltd slipped 5.12% to Rs 189.8. The stock was the fourth biggest loser in 'B' group.On the BSE, 4.26 lakh shares were traded on the counter so far as against the average daily volumes of 15.32 lakh shares in the past one month.
Creative Eye Ltd corrected 5.07% to Rs 10.68. The stock was the fifth biggest loser in 'B' group.On the BSE, 3.88 lakh shares were traded on the counter so far as against the average daily volumes of 28222 shares in the past one month.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
30 minutes ago
- Economic Times
Oswal Pumps raises Rs 416 crore from anchor investors ahead of IPO
Oswal Pumps has raised Rs 416.20 crore from anchor investors, marking a strong start ahead of its initial public offering (IPO) which opens for public subscription on Friday. The company informed the exchanges that it allotted 67,78,533 equity shares at Rs 614 per share to anchor investors on Thursday. ADVERTISEMENT The anchor book saw participation from a mix of global and domestic institutional investors. Notable names include Societe Generale, BNP Paribas, Smallcap World Fund Inc, ICICI Prudential, Aditya Birla Sun Life, Kotak Mahindra Mutual Fund, Quant Mutual Fund, Amundi Funds, 360 One, Motilal Oswal Mutual Fund, Bandhan Small Cap Fund, Edelweiss Mutual Fund, Troo Capital, Nuvama Mutual Fund, Sundaram Mutual Fund, Edelweiss Life Insurance, and Mahindra Manulife. Of the total anchor allotment, 29.62 lakh equity shares — around 43.7% of the anchor book — were allocated to 11 domestic mutual funds across 15 schemes, reflecting healthy domestic interest. Oswal Pumps' IPO, scheduled to run from June 13 to June 17, comprises a fresh issue of shares worth Rs 890 crore and an offer for sale of 81 lakh equity shares by promoter Vivek Gupta. At the upper end of the price band — Rs 584 to Rs 614 per share — the issue size is expected to fetch Rs 1,387.34 can place bids in lots of 24 equity shares and in multiples thereafter. The IPO is being made via the book-building process with up to 50% reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 35% for retail investors. IIFL Capital, Axis Capital, CLSA India, JM Financial, and Nuvama Wealth Management are the book-running lead managers to the issue, while MUFG Intime India is the registrar. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
30 minutes ago
- Time of India
Oswal Pumps raises Rs 416 crore from anchor investors ahead of IPO
Oswal Pumps has raised Rs 416.20 crore from anchor investors, marking a strong start ahead of its initial public offering (IPO) which opens for public subscription on Friday. The company informed the exchanges that it allotted 67,78,533 equity shares at Rs 614 per share to anchor investors on Thursday. The anchor book saw participation from a mix of global and domestic institutional investors. Notable names include Societe Generale, BNP Paribas , Smallcap World Fund Inc, ICICI Prudential , Aditya Birla Sun Life, Kotak Mahindra Mutual Fund, Quant Mutual Fund, Amundi Funds, 360 One, Motilal Oswal Mutual Fund, Bandhan Small Cap Fund, Edelweiss Mutual Fund, Troo Capital, Nuvama Mutual Fund, Sundaram Mutual Fund, Edelweiss Life Insurance, and Mahindra Manulife. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo Of the total anchor allotment, 29.62 lakh equity shares — around 43.7% of the anchor book — were allocated to 11 domestic mutual funds across 15 schemes, reflecting healthy domestic interest. Oswal Pumps' IPO, scheduled to run from June 13 to June 17, comprises a fresh issue of shares worth Rs 890 crore and an offer for sale of 81 lakh equity shares by promoter Vivek Gupta. At the upper end of the price band — Rs 584 to Rs 614 per share — the issue size is expected to fetch Rs 1,387.34 crore. Investors can place bids in lots of 24 equity shares and in multiples thereafter. The IPO is being made via the book-building process with up to 50% reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 35% for retail investors. Live Events IIFL Capital, Axis Capital , CLSA India, JM Financial , and Nuvama Wealth Management are the book-running lead managers to the issue, while MUFG Intime India is the registrar.
Time of India
31 minutes ago
- Time of India
Niti Aayog : Central incentives only for zero emission vehicles
Taxpayers money will go towards incentivising only clean mobility solutions, with zero tailpipe emissions such as battery electric vehicles, Sudhendu Sinha, Programme Director (Electric Mobility, Transport & Infrastructure) at Niti Aayog told ET, adding hybrid vehicles will not be 'penalised' as they are more fuel efficient and emit lesser emissions than conventional petrol and diesel cars. 'Vehicles which are polluting don't New's to be supported. Less polluting vehicles (like hybrids) are welcome, they should not be penalised. But when it comes to the incentive, using taxpayers money to push forward (clean mobility), that should be going to vehicles which do not create pollution, so that is what electric vehicles are', Sinha said in an interview Thursday. Sinha said the government's targets to attain net zero emission are 'very aspirational'. Programmes are underway to not only encourage customer adoption of electric vehicles but also to build the country as manufacturing hub for clean vehicles. 'As far as dependence (on China) for lithium/critical materials is concerned, we are working on how alternate chemistry can evolve. Today, 16 out of 23 IITs are working on sustainable mobility, alternate chemistries, battery management systems, on the entire stream of telematics/ electronics. Our aspiration is not only to be an EV user, but an EV manufacturing hub', he informed. Sinha said if India wants to become a manufacturing hub for electric vehicles, it has to stay you ahead on the curve of innovation. He said, 'In addition to that, you must have control over supply chain, which is critical. You can't be always dependent on others. So you have to gradually learn the tricks of the entire manufacturing. And we should be able to do it this.' Live Events He cited the example of Norway, which decided to switch to electric in 1995. For an economy whose growth came in from gasoline, majority of their current new car sales today comes from electric, Sinha said. The Indian government too has been putting in place supportive policies to support the shift to clean vehicles in India. Sinha said, 'As far as GST rationalization is concerned in support of electric vehicles, six to eight times we have been able to reduce it (levies), not only for the vehicle, but also multiple components. Similarly, to sort out the financing issue, the year before last, in the budget, the dense charging infrastructure was brought in the list of harmonized infrastructure.' This has resulted in capital that is being ring-fenced by banks for investments in charging networks. The government has also launched the Rs 25,938 crore Production Linked Incentive (PLI) Scheme for auto and parts makers to address costs disabilities in manufacturing locally advanced auto parts, he said. This, along with the Rs 10,900 crore PM e-Drive, will help support customer demand across categories of electric vehicles. Going ahead, he said while certain segments of the automotive industry 'can definitely do without state support, but to think that there should be no support, that is a wrong proposition'. 'Support is needed, but we have to channelize it. Those are the things that would come once we are able to wrap up that entire scheme. We have to analyse how we did, where, how we should go forward, etc', he said.
