Latest news with #BelriseIndustries
Mint
16 hours ago
- Business
- Mint
Stock market this week: Top gainers and losers you can't afford to ignore
India's Gross Domestic Product (GDP) registered a robust growth of 7.4% in the January–March quarter of the financial year 2024–25, surpassing market expectations and marking the highest quarterly growth in the past year. This strong performance reflects the continued momentum in economic activity, driven by resilient domestic demand, increased government spending, and a steady revival in key sectors such as manufacturing, construction, and services. The manufacturing sector, in particular, witnessed notable growth, supported by improved industrial output and rising capacity utilization. The services sector also maintained its upward trajectory, with increased activity in finance, real estate, and professional services. Additionally, infrastructure development and higher capital expenditure by the government contributed positively to the growth figures. Agriculture, although subject to seasonal variations, remained stable and supported rural consumption. 2. Belrise Industries made a strong debut in the market, getting listed at a premium of 11.11% over its issue price of ₹ 90, reflecting investor confidence and positive market sentiment. Similarly, Borana Weaves was listed at a premium of 12.5% over its issue price of ₹ 216, indicating robust demand and favorable reception. In addition to these listings, several recent Initial Public Offerings (IPOs) witnessed healthy oversubscription levels. The IPO of Aegis Vopak Terminals was oversubscribed by 2.20 times, while Schloss Bangalore saw even stronger interest, being oversubscribed by 4.72 times. These figures suggest strong participation from investors across categories. Notably, the IPO of Prostarm Info garnered exceptional attention with an oversubscription of 96.68 times, marking a significant milestone in terms of demand and investor enthusiasm. Similarly, the IPO of Scoda Tubes Info attracted substantial interest, being oversubscribed by 57.37 times. These oversubscription numbers highlight the high level of interest in the primary market and the growing participation from retail and institutional investors. The successful listings and strong subscription figures reflect an active IPO market and demonstrate investor optimism toward emerging companies across various sectors. The momentum seen in these offerings underscores the ongoing vibrancy in India's capital markets. 3. Several asset management companies have recently launched New Fund Offers (NFOs), adding a diverse range of investment options to the mutual fund landscape. Motilal Oswal AMC introduced the Motilal Oswal Services Growth Direct Plan, aiming to tap into the potential of India's expanding services sector. ICICI AMC launched the ICICI Prudential Nifty200 Quality 30 Index Growth Direct Plan, offering investors an opportunity to invest in a quality-focused index composed of 30 high-ranking companies from the Nifty 200 universe. Nippon India AMC rolled out the Nippon India BSE Sensex Next 30 Index Growth Direct Plan, which aims to capture the performance of the next line of large-cap companies beyond the Sensex 30. Union AMC has launched the Union Income Plus Arbitrage Active FoF Growth Direct Plan, a fund of funds designed to deliver steady returns through arbitrage opportunities, with active allocation strategies. Unifi AMC introduced the Unifi Flexi Cap Growth Direct Plan, a flexible investment approach that spans across large-cap, mid-cap, and small-cap segments to leverage opportunities across market capitalizations. These NFOs reflect a dynamic and evolving market environment where AMCs continue to introduce innovative products to cater to varied investor preferences, focusing on sectoral growth, quality indices, and flexible asset allocation strategies. Index Returns Best Performers Worst Performers Bought and Sold Most Watchlisted Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.
Economic Times
3 days ago
- Business
- Economic Times
Stock market update: Nifty Pharma index falls 0.61%
NEW DELHI: The Nifty Pharma index closed on a negative note on Wednesday. ADVERTISEMENT Shares of Ipca Laboratories Ltd.(up 2.42 per cent), Laurus Labs Ltd.(up 1.45 per cent), Mankind Pharma Ltd.(up 1.19 per cent) and Zydus Lifesciences Ltd.(up 0.82 per cent) ended the day as top gainers in the pack. On the other hand, Aurobindo Pharma Ltd.(down 3.65 per cent), Natco Pharma Ltd.(down 1.87 per cent), Lupin Ltd.(down 1.46 per cent), J B Chemicals & Pharmaceuticals Ltd.(down 1.25 per cent) and Granules India Ltd.(down 1.22 per cent) finished as the top losers of the day. The Nifty Pharma index closed 0.61 per cent down at 21393.3. Benchmark NSE Nifty50 index ended down 73.75 points at 24752.45, while the BSE Sensex stood down 239.31 points at 81312.32. Among the 50 stocks in the Nifty index, 14 ended in the green, while 36 closed in the red. ADVERTISEMENT Shares of Vodafone Idea, ITC, IFCI, Belrise Industries and Suzlon Energy were among the most traded shares on the NSE. Shares of Apollo Micro Systems, Belrise Industries, GSK Pharma, Force Motors and Astra Microwave hit their fresh 52-week highs in today's trade, while Capital India Fin, Orchid Pharma, Borana Weaves, NIIT Learning System and California Soft(PP)hit their fresh 52-week lows. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
3 days ago
- Business
- Time of India
Stock market update: Nifty Realty index falls 0.15%
NEW DELHI: The Nifty Realty index closed on a negative note on Wednesday. Shares of Sobha Ltd.(up 2.96 per cent), Macrotech Developers Ltd.(up 1.0 per cent), Brigade Enterprises Ltd.(up 0.88 per cent) and Prestige Estates Projects Ltd.(up 0.51 per cent) ended the day as top gainers in the pack. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Top Trader Hemant's Strategy Finally Explained in this Free Session ! TradeWise Learn More Undo On the other hand, Phoenix Mills Ltd.(down 1.47 per cent), Oberoi Realty Ltd.(down 1.45 per cent), Anant Raj Ltd.(down 0.84 per cent), Godrej Properties Ltd.(down 0.61 per cent) and DLF Ltd.(down 0.27 per cent) finished as the top losers of the day. The Nifty Realty index closed 0.15 per cent down at 944.9. Benchmark NSE Nifty50 index ended down 73.75 points at 24752.45, while the BSE Sensex stood down 239.31 points at 81312.32. Live Events Among the 50 stocks in the Nifty index, 14 ended in the green, while 36 closed in the red. Shares of Vodafone Idea, ITC, IFCI, Belrise Industries and Suzlon Energy were among the most traded shares on the NSE. Shares of Apollo Micro Systems, Belrise Industries, GSK Pharma, Force Motors and Astra Microwave hit their fresh 52-week highs in today's trade, while Capital India Fin, Orchid Pharma, Borana Weaves, NIIT Learning System and California Soft(PP)hit their fresh 52-week lows.
Time of India
3 days ago
- Business
- Time of India
Stock market update: Nifty Pharma index falls 0.61%
NEW DELHI: The Nifty Pharma index closed on a negative note on Wednesday. Shares of Ipca Laboratories Ltd.(up 2.42 per cent), Laurus Labs Ltd.(up 1.45 per cent), Mankind Pharma Ltd.(up 1.19 per cent) and Zydus Lifesciences Ltd.(up 0.82 per cent) ended the day as top gainers in the pack. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo On the other hand, Aurobindo Pharma Ltd.(down 3.65 per cent), Natco Pharma Ltd.(down 1.87 per cent), Lupin Ltd.(down 1.46 per cent), J B Chemicals & Pharmaceuticals Ltd.(down 1.25 per cent) and Granules India Ltd.(down 1.22 per cent) finished as the top losers of the day. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. The Nifty Pharma index closed 0.61 per cent down at 21393.3. Benchmark NSE Nifty50 index ended down 73.75 points at 24752.45, while the BSE Sensex stood down 239.31 points at 81312.32. Live Events Among the 50 stocks in the Nifty index, 14 ended in the green, while 36 closed in the red. Shares of Vodafone Idea, ITC, IFCI, Belrise Industries and Suzlon Energy were among the most traded shares on the NSE. Shares of Apollo Micro Systems, Belrise Industries, GSK Pharma, Force Motors and Astra Microwave hit their fresh 52-week highs in today's trade, while Capital India Fin, Orchid Pharma, Borana Weaves, NIIT Learning System and California Soft(PP)hit their fresh 52-week lows.
Economic Times
3 days ago
- Business
- Economic Times
Stock market update: Nifty Realty index falls 0.15%
NEW DELHI: The Nifty Realty index closed on a negative note on Wednesday. ADVERTISEMENT Shares of Sobha Ltd.(up 2.96 per cent), Macrotech Developers Ltd.(up 1.0 per cent), Brigade Enterprises Ltd.(up 0.88 per cent) and Prestige Estates Projects Ltd.(up 0.51 per cent) ended the day as top gainers in the pack. On the other hand, Phoenix Mills Ltd.(down 1.47 per cent), Oberoi Realty Ltd.(down 1.45 per cent), Anant Raj Ltd.(down 0.84 per cent), Godrej Properties Ltd.(down 0.61 per cent) and DLF Ltd.(down 0.27 per cent) finished as the top losers of the day. The Nifty Realty index closed 0.15 per cent down at 944.9. Benchmark NSE Nifty50 index ended down 73.75 points at 24752.45, while the BSE Sensex stood down 239.31 points at 81312.32. Among the 50 stocks in the Nifty index, 14 ended in the green, while 36 closed in the red. ADVERTISEMENT Shares of Vodafone Idea, ITC, IFCI, Belrise Industries and Suzlon Energy were among the most traded shares on the NSE. Shares of Apollo Micro Systems, Belrise Industries, GSK Pharma, Force Motors and Astra Microwave hit their fresh 52-week highs in today's trade, while Capital India Fin, Orchid Pharma, Borana Weaves, NIIT Learning System and California Soft(PP)hit their fresh 52-week lows. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
