GAGA Share Market News

[hfe_template id='11223'] [ad_1] Ace investor Madhusudan Kela added three new smallcap stocks in his portfolio in the quarter ended March 31, 2025 viz. Windsor Machines, SG Finserve and Prataap Snacks while raising stakes in Kopran. Kela, who has a portfolio worth over Rs 3,500 crore according to data available on Trendlyne, holds 17 stocks as per the latest shareholding data compiled by it. Windsor Machines The injection moulding machine manufacturer has a market capitalisation of Rs 2,388 crore on the BSE. Kela bought 7.71% stake in the company. The stock is down 17% in 2025 so far but has had a stellar journey over the past one year, delivering multibagger returns of 248%. SG Finserve SG Finserve is a tech-enabled non-banking finance company (NBFC). The stock has fallen over 1% this year while declining 7% on the 1-year basis. He bought a 1.70% stake in the company. Live Events Prataap Snacks Kela bought 4.61% stake in the Prataap Snacks counter. The market capitalisa...

[hfe_template id='11223'] [ad_1] Shares of the food delivery giant Zomato today fell by 5.4% to their low of Rs 256 on BSE after the company's board announced a meeting on October 22 to consider the plans to raise funds by issuance of equity shares by way of qualified institutions placement (QIP). The company announced QIP after market hours and Zomato's shares closed at Rs 270.30 on the NSE, falling by Rs 3.95 or 1.44% over the Wednesday price. The food and grocery delivery company had reported a Rs 253 crore net profit for the April-June quarter, compared with Rs 2 crore a year earlier, even as operating revenue rose 74% to Rs 4,206 crore. The better-than-expected performance—analysts had estimated the profit to come in at Rs 215-235 crore—resulted in the Gurgaon-based company’s share price spiking towards the tail end of Thursday’s trading session, catapulting its market capitalisation to al .. The first-quarter revenue growth was primarily delivered by rising...

[hfe_template id='11223'] [ad_1] Mumbai: Indian equities stretched losses to the sixth straight session on Monday. Overseas investors accelerated sales of stocks and spirited buying support from domestic institutions failed to stem the slide. The sell-off in mid-cap and small-cap stocks was sharper on Monday as individual investors-among their biggest holders-grew nervous about prospects in the wake of the market's losing spree, the longest in a year. The NSE Nifty fell 0.87% or 218.85 points to close at 24,795.75. The BSE Sensex declined 0.78% or 638.45 points to close at 81,050. Both indices have slid nearly 5.3% in the past six days. The last time the Sensex and Nifty fell for six days in a row was in October 2023. Agencies DIIs Pump in ₹13,245 crore The six-day losing streak has eroded India's market capitalisation by ₹40 lakh crore to ₹452 lakh crore.Foreign portfolio investors (FPIs) dumped shares worth ₹8,293 crore on Monday, taking their total sales th...

[hfe_template id='11223'] [ad_1] Mumbai: Adani Enterprises is likely to raise up to $2 billion through a qualified institutional placement (QIP) by the middle of next week, sources aware of the development said. Meanwhile, the Adani Group along with Wilmar will also launch the sale of around a 13% stake in Adani Wilmar by the end of this month or early in November, to cut down the promoter stake in the company to comply with listing regulations, sources said. Adani Enterprises - the flagship company of the Adani Group - has already garnered a soft book of nearly $2 billion for the QIP from large US, European, Middle Eastern and Indian investors. The issue will be split into a base offer of $1.25 billion, with an additional green shoe option for $750 million. Jefferies, ICICI Securities and SBI Capital have been appointed for this issue. The Adani Group did not respond to email queries. In May this year, the company's board had approved raising of up to ₹16,600 crore ...

[hfe_template id='11223'] [ad_1] Multinationals are rushing to exploit a runaway rally in the Indian stock markets, with more than a dozen firms paring holdings in their local businesses in the past year, while half a dozen others, including Hyundai and LG, are planning public listings. GE T&D India is the latest to join a growing list of global companies like Wabco, ITC, Styrenix Performance Materials, Federal-Mogul Goetze, Timken India, Motherson Sumi, GMM Pfaudler, Thomas Cook, and Whirlpool taking advantage of premium valuations in India, which significantly exceed those of their global counterparts. US-based GE Vernova, formed from the merger and spin-off of General Electric's energy businesses, has decided to sell up to 11.7% of its stake in its Indian-listed subsidiary, GE T&D India, through an offer for sale on Thursday and Friday. The company has set a floor price of ₹1,400 per share, with the deal expected to fetch the promoter around ₹4,200 crore. ...

[hfe_template id='11223'] [ad_1] Vodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE's various indices. Vodafone's current free-float market capitalisation stands at Rs 36,534 crore and the stock today ended at Rs 15.83, down by Rs 0.37 or 2.28% over the Thursday closing price. Vodafone's exit from Nifty 500 is along with 26 other stocks that have been excluded from the index. Among other stocks which have been removed from the indes are Vaibhav Global, Aether Industries, Allcargo Logistics, Anupam Rasayan, Borosil Renewables, CSB Bank, DCM Shriram, JK Paper, KRBL, MTAR Technologies and Restaurant Brands Asia. Tata Group's lifestyle company Trent (TRENT) and state-run Bharat Electronics (BEL) are the latest inclusion into the Nifty 50 index while LTI Mindtree (LTIM) and Divi's Laboratories have made an exit. The Index Maintenance Sub-Committee (Equity) of NSE Indices on Friday made the changes...

[hfe_template id='11223'] [ad_1] Capital markets regulator Sebi is evaluating various accounting standards and also exploring the feasibility of extending its mandatory sustainability reporting norms to more listed companies than the current 1,000 “when the time is right”, people aware of the matter said. Given the growing importance of sustainability worldwide, the regulator wants Indian firms to prepare for such “non-financial accounting” standards that are going to dominate the world of financing and influence the way funds are raised, one of them said. Institute of Chartered Accountants of India (ICAI) president Ranjeet Kumar Agarwal told ET that the institute has submitted to the ministry of corporate affairs (MCA) and Sebi a “comparative analysis” of various non-financial reporting standards—the Business Responsibility and Sustainability Report (BRSR) standards mandated by Sebi for the top 1,000 companies, the global S1 and S2 standards of the IFRS Board and the 16...