Latest news with #NationalStockExchangeofIndia
India Gazette
8 hours ago
- Business
- India Gazette
National Stock Exchange of India surpasses 22 crore investor accounts
New Delhi [India], June 5 (ANI): The National Stock Exchange of India (NSE) has achieved a total number of investor accounts, or Unique Client Codes (UCCs), exceeding 22 crore (220 million) in April 2025. This marks a rapid increase, coming just six months after crossing the 20-crore mark in October 2024. The number of unique registered investors separately reached 11.3 crore as of March 31, 2025, having surpassed 11 crore on January 20, 2025. It's important to note that an investor may hold multiple accounts with different brokers, leading to multiple client codes. State wise, Maharashtra leads the nation with the highest number of investor accounts at 3.8 crore, followed by Uttar Pradesh (2.4 crore), Gujarat (1.9 crore), and both Rajasthan and West Bengal with approximately 1.3 crore each. These top five states collectively account for nearly 49% of the total accounts, with the top ten states contributing roughly three-fourths of the overall count. 'India's investor base continues to expand rapidly, with over 2 crore new accounts added in just six months--a clear reflection of strong investor confidence in India's growth trajectory despite global economic headwinds,' said Sriram Krishnan, Chief Business Development Officer, NSE. Adding, 'this surge has been driven by accelerated digital transformation and the increasing adoption of mobile trading, which have made capital markets more accessible to investors across tier 2, 3, and 4 cities. The growth also highlights the success of focused initiatives to deepen retail participation, including widespread financial literacy programs and streamlined KYC processes.' The benchmark Nifty 50 Index has delivered a 22% annualized return over the past five years, while the Nifty 500 Index has seen a 25% annualized return, demonstrating significant wealth creation for investors. Additionally, NSE's Investor Protection Fund (IPF) saw a substantial increase of over 23% year-on-year, reaching Rs 2,459 crore as of March 31, 2025. (ANI)
Mint
4 days ago
- Business
- Mint
IRCON International share price rise amid market crash on this order book update
Stock Market today: IRCON International share prices gained in the morning trades on Monday amid market crash on this order book update. Check details IRCON International intimated the exchanges on 31 May 2025, Saturday, about Receipt of Letter of Acceptance (LOA) from East Central Railway of the Indian Railway. In its intimation to the National Stock Exchange of India and the BSE or the Bombay Stock Exchange, the IRCON International said that East Central Railway, Indian Railway has awarded the work to Ircon International Limited for Engineering, Procurement and Construction (EPC) for Construction of New BG Rail Bridge (2x32.086m Open Web Steel Girder + 33x122.0 m Open Web Steel Girder) with Sub-structure of Double line Track and Superstructure of Single line Track across River Ganga between Bikramshila and Katareah Stations on New Railway Line Project invited by East Central Railway.
Time of India
28-05-2025
- Business
- Time of India
NSE, WE HUB Foundation ink pact to promote financial literacy, awareness on taking women-led MSMEs public
Hyderabad: The National Stock Exchange of India ( ) on Wednesday said it has signed a memorandum of understanding with the Telangana-govt led WE HUB Foundation to promote financial literacy through investor awareness programmes and spread awareness among women-led micro, small and medium enterprises (MSME) for fund raising via the IPO mechanism using its NSE Emerge platform. Tired of too many ads? go ad free now The collaboration is also aimed at implementing the student skilling programme in the BFSI sector across Telangana to empower women and women-led enterprises. The MoU was exchanged between NSE's chief business development Sriram Krishnan and WE HUB Foundation CEO Sita Pallacholla in the presence of chief minister Revanth Reddy, industries & IT minister D Shridhar Babu, rural development and panchayati raj minister Danasari Anasuya Seethakka. As part of the agreement, NSE and WE HUB Foundation, which is a Section-8 non-profit company under the government of Telangana, will conduct awareness drive through seminars, camps, knowledge sessions, road shows, workshops to spread financial literacy and investor awareness.
Economic Times
27-05-2025
- Business
- Economic Times
NSE's valuation jumps 60% with IPO looming: Sources
Anticipation of an upcoming IPO has propelled the National Stock Exchange of India's valuation to $58 billion in private markets, fueled by aggressive buying from wealthy investors. This surge coincides with efforts to resolve a longstanding legal dispute hindering listing plans. The exchange is also strategizing to regain market share in equity derivatives, aiming to surpass its competitor, BSE Ltd. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Growing hopes for a listing of the world's biggest equity-derivatives bourse have pushed the valuation of the National Stock Exchange of India Ltd. to $58 billion in private markets, according to people involved in recent investors and institutions anticipating an initial public offering as early this year have been buying the unlisted shares aggressively, two of the people said, asking not to be identified as the deals are private. With demand far outstripping supply, the stock has changed hands for as much as 2,000 rupees ($23) recently. Its valuation had already doubled in just four months to as much as $36 billion in rally coincides with efforts by the exchange to settle a longstanding legal dispute with India's securities regulator that has held up its listing plans for nearly a decade. A potential IPO would place NSE's $58 billion valuation above that of Nasdaq Inc. and would narrow the gap with Deutsche Boerse AG's $62 billion market value, data compiled by Bloomberg NSE has almost 2.5 billion shares outstanding in private markets. Some 64% of that is held by public investors — including local and foreign institutions — and wealthy individuals, according to its website. An email to the exchange's representative went robust demand for shares of the exchange has strained the already limited stock supply. At least three market intermediaries had to return the money to prospective investors after failing to deliver shares because some sellers backed out ahead of the expected IPO, according to two people familiar with the the bourse has become more aggressive in equity derivatives. After consistently losing market share to listed peer BSE Ltd. , NSE's Chief Executive Officer Ashish Kumar Chauhan recently told analysts and investors that the decline has 'run its course.' To win back ground over BSE, NSE plans to apply to change the expiration day of its derivatives contracts to Tuesday from NSE, backed by large investors like Life Insurance Corp. of India and Canada Pension Plan Investment Board, first filed papers for an IPO in 2016. The regulator's investigation into allegations that some high-speed traders gained unfair access to its co-location servers not only derailed the listing, but also led to a six-month ban from capital markets.
Mint
27-05-2025
- Business
- Mint
Small-cap stock below ₹100 Hi-Tech Pipes jumps 6% despite weak bias in the Indian stock market. Here's why
Stock Market Today: Small-cap stock below ₹ 100 — Hi-Tech Pipes — gained more than 6% in the intraday trade on Tuesday despite weak bias in the Indian stock market. Hi-Tech Pipes's strong performance in the March 2025 quarter pushed the small-cap stock higher in trade today. During the quarter gone by, Hi-Tech Pipes saw its revenue grow 7.74% to ₹ 734 crore as compared to ₹ 681 crore reported in the year-ago quarter (in Q4FY24). The revenue growth as per Hi-Tech Pipes was driven by robust demand in infrastructure and construction sectors. Sales volume for the small-cap company increased by 8% year-on-year. Volumes reached 1,16,032 MT, up from 1,07,721 MT in Q4 FY24. The same, as per Hi-Tech Pipes, reflects an increased demand. Profitability rose by 59% to ₹ 17.63 crore during the January-March 2025 quarter, compared to ₹ 11.12 crore in January- March 2024 quarter. Earnings before interest, tax, depreciation and amortisation or (EBITDA) came at ₹ 34.93 crore as per Hi-Tech Pipes in Q4FY25, which was comparable to ₹ 35.34 crore reported by the small-cap stock in the same period last year. Small-cap stock below ₹ 100, Hi-Tech Pipes share price, opened at ₹ 95.70 on Tuesday on the National Stock Exchange of India (NSE). At the opening levels, the scrip was 1% higher than the previous day's closing price of ₹ 94.68. During the day, Hi-Tech Pipes share price gained further to hit an intraday high of ₹ 110.40, translating into 6% upside in the small-cap stock. Notably the gains by the stock were recorded on a day when the Indian stock market was weak. Nifty corrected around 1% during the intraday trade today.
