GAGA Share Market News

[hfe_template id='11223'] [ad_1] BSE shares surged nearly 6%, hitting the day's high of Rs 4,730.30 on the NSE after the exchange announced that its board of directors would meet on March 30 to consider and approve a proposal to issue bonus shares. This could mark the stock exchange operator's second bonus issue in three years. BSE shares had fallen for three consecutive sessions leading up to Wednesday, with the stock closing at Rs 4,474.70 on that day. If approved, this would be BSE’s second bonus share issue since March 2022, when it allotted two bonus shares for every one share held by investors. In line with regulatory requirements, BSE stated that the trading window for dealing in its securities would remain closed from Wednesday, March 26, through Tuesday, April 1. The trading window will also remain shut from April 1 until 48 hours after the declaration of financial results, the company said in the filing. BSE shares have gained 91% over the past year and...

[hfe_template id='11223'] [ad_1] Shares of Mukesh Ambani-owned Reliance Industries (RIL) today fell by 2% to an intraday low of Rs 1,278.70 on the BSE after 11.9 lakh equity shares of the company changed hands in a block deal. The official parties of the transaction as well as the price at which the securities were traded are not currently known. Reliance Industries shares have been in a downtrend over the past few months, losing nearly $50 billion in market capitalization since their peak in July. The Mukesh Ambani-led company faces challenges from declining earnings and an economic slowdown. For the second quarter of the current fiscal, Mukesh Ambani-owned firm reported a 5% decline in its consolidated net profit to Rs 16,563 crore, against Rs 17,394 crore in the year-ago period. Revenue from operations increased by a marginal 0.2% year-on-year (YoY) to Rs 2.35 lakh crore in the reporting period. Reliance Industries recently issued bonus shares to its investors. RIL bo...