Amidst the pressure of most Asian markets, the gift Nifty is indicating profits in the domestic market today. A trading day earlier, the Nifty’s weekly expiry Sensex (Sensex) fell by 57.87 points or 0.07% at 82,102.10 and the Nifty 50 (Nifty 50) closed at 25,169.50 with 32.85 points or 0.13%. Now, if we talk about different shares today, along with the listing of a share, some stocks can see sharp fluctuations due to their special corporate activities. Details about these shares are being given here.
Viewable shares: Keep an eye on these shares
In the June quarter, the consolidated profit of Sudarshan Chemical Industries increased by 87% to ₹ 55 crore and revenue increased by 296% to ₹ 2,506.9 crore.
Swigy
Swiggy’s board has approved the company’s 10 equity shares and 1,63,990 series D in Ropan Transportation Services (Rapido) to sell for ₹ 1,968 crore. It will be sold to the Process Group’s MIH Investments One Biwi in the Netherlands. Swiggy’s public shareholder MIH Holdings BV holds a 23.31% stake in the company by June 2025. In addition, the board has approved the sale of 35,958 series D CCPS of the company in Rapido to the Setu AIF Trust of Westbridge Capital for ₹ 431.5 crore. The board has approved the company’s Quick Commerce Business, Swiggy Instamart as a slump cell under the Instamart brand.
Exo Nobel India
According to CNBC-TV18 sources, the promoter of Exo Noble India can sell up to 5% stake in the company through Imperial Chemical Industries Block Deal. The deal can be ₹ 742.7 crore and its floor price has been fixed ₹ 3,261.8.
Bajaj Electricals
The Board of Bajaj Electricals has approved the acquisition of ‘Morof Richards’ brand and its intellectual property rights in India, Nepal, Bhutan, Bangladesh, Maldives and Sri Lanka for ₹ 146 crore from Glen Dimplex Group’s Glenn Electric in Ireland’s Glenn Dimplex Group.
Listing
Today VMS TMT will be listed in BSE and NSE. At the same time, Sampat Aluminum will be listed in BSE SME.
F&O restriction
HFCL, RBL Bank and Honor Capital will not be able to take new F&O position today.