Latest news with #DiwakaraiahNJ
Business Standard
3 days ago
- Business
- Business Standard
Sensex spurts 144 pts; oil & gas shares in demand
The key equity indices continued to trade with minor gains in morning trade. The Nifty traded above the 24,900 level. Oil & gas shares extended gains for the two trading session. At 10:30 ST, the barometer index, the S&P BSE Sensex, added 143.77 points or 0.17% to 81,414.24. The Nifty 50 index rose 36.90 points or 0.15% to 24,914.30. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.26% and the S&P BSE Small-Cap index rose 0.52%. The market breadth was strong. On the BSE, 2,250 shares rose and 1,363 shares fell. A total of 194 shares were unchanged. New Listing: Shares of BlueStone Jewellery and Lifestyle were currently trading at Rs 528.05 at 10:25 IST on the BSE, representing a premium of 2.14% compared with the issue price of Rs 517. The scrip was listed at Rs 508, exhibiting a discount of 1.74% to the issue price. So far, the stock has hit a high of Rs 533.40 and a low of Rs 508.60. On the BSE, over 3.18 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Oil & Gas index rose 0.91% to 11,118.25. The index added 1.09% in the previous two trading session. Reliance Industries (up 2.06%), Petronet LNG (up 1.57%), Adani Total Gas (up 0.65%), Bharat Petroleum Corporation (up 0.56%), Oil India (up 0.54%), Aegis Logistics (up 0.41%), Hindustan Petroleum Corporation (up 0.4%), GAIL (India) (up 0.13%), Castrol India (up 0.04%) added. On the other hand, Mahanagar Gas (down 0.81%), Indian Oil Corporation (down 0.68%) and Oil & Natural Gas Corpn (down 0.53%) edged lower. Stocks in Spotlight: VA Tech Wabag (WABAG) shed 0.23%. The company announced that it has bagged a repeat order worth approximately 5.12 million Bahraini Dinars (around Rs 118 crore) from the Ministry of Works, Municipalities Affairs and Urban Planning (MoW) in the Kingdom of Bahrain. DCX Systems rose 0.14%. The company announced that Diwakaraiah N J has tendered his resignation from the position of executive director and chief financial officer (CFO) of the company, effective from 31 August 2025, for personal reasons. Enviro Infra Engineers added 1.15% after the company said that it has acquired additional shares of its wholly owned subsidiary, EIE Renewables, for a total consideration of Rs 25 crore.
Business Standard
3 days ago
- Business
- Business Standard
DCX Systems CFO Diwakaraiah N J resigns
DCX Systems announced that Diwakaraiah N J has tendered his resignation from the position of executive director and chief financial officer (CFO) of the company, effective from 31 August 2025, for personal reasons. DCX Systems is a leading Indian defense manufacturing player for the manufacturing and supply of electronic systems, cable & wire harness assemblies, and printed circuit board assemblies. The company's consolidated net profit fell 37.2% to Rs 20.70 crore on a 26.3% fall in revenue from operations to Rs 549.96 crore in Q4 FY25 over Q4 FY24. DCX Systems shed 0.14% to Rs 246.35 on the BSE.
Business Upturn
4 days ago
- Business
- Business Upturn
DCX Systems Executive Director and CFO Diwakaraiah N J resigns
DCX Systems Limited today announced key changes in its top management. Diwakaraiah N J, Executive Director and Chief Financial Officer (CFO), has tendered his resignation, effective from the close of business hours on August 31, 2025. The Board of Directors has formally taken note of his resignation and will appoint a new CFO in due course, informing the stock exchanges accordingly. In a simultaneous development, the Board approved the appointment of Gopinath Vedaprakash (DIN: 11241863) as an Additional Whole-Time Director, effective September 1, 2025, subject to shareholder approval. Vedaprakash brings over 37 years of extensive experience across business development, manufacturing operations, and technical leadership in multinational and multicultural electronics industries catering to Defence, Aerospace, Space, Industrial, and Transportation sectors. Prior to joining DCX Systems, Vedaprakash held senior leadership roles at Tata Advanced Systems Limited, Bharat Electronics Limited, Seagate Technology International, and Centum Electronics. He has specialized expertise in Microelectronics, Electronics Systems, Subsystems, and Electronic Manufacturing Services (EMS) serving missiles, radars, satellites, launch vehicles, metro systems, and other high-technology segments. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
