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Uma Exports clocks robust debut, lists at 18% premium against issue price

Uma Exports clocks robust debut, lists at 18% premium against issue price

Shares of Uma Exports made a robust debut on the bourses on Thursday, listing at Rs 80 apiece on the BSE -- a 17.6 per cent premium against its issue price of Rs 68. On the National Stock Exchange (NSE) the company debuted at Rs 76 per share.

So after the listing, the shares extended their rally and hit a high of Rs 83 on the BSE, as against a 0.6 per cent dip in the BSE Sensex at 10:10 AM.

Centre to table bill on prohibiting financing of WMD in Rajya Sabha

Centre to table bill on prohibiting financing of WMD in Rajya Sabha

The Centre is likely to table 'The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022' in the Rajya Sabha on Thursday.

The Bill was passed by the Lok Sabha on Wednesday.

MTNL zooms 9% as govt defers merger with BSNL; stock up 26% so far in April

MTNL zooms 9% as govt defers merger with BSNL; stock up 26% so far in April

MTNL shares zoomed 9 per cent to Rs 26.8 per share on the BSE on Thursday after the government deferred the merger of state-run telecom firms BSNL and MTNL due to financial reasons.

At 10:20 AM, shares of the state-run telco was up 8 per cent at Rs 28.2 apiece on the BSE as against a 0.6 per cent fall in the benchmark Sensex index. About 4.9 million shares had changed hands on the NSE and BSE till the time of writing of this report. With today's gains, the shares have climbed 26 per cent so far in April as against a 1.4 per cent gain in the Sensex index.

NTPC, PowerGrid hit life-time highs; soar up to 17% in the last five days

NTPC, PowerGrid hit life-time highs; soar up to 17% in the last five days

Shares of state-run power companies have been on a roll off late on the back of rising electricity consumption in the country owing to early onset of summer coupled with heat waves.

In the last five trading sessions, NTPC has soared 17 per cent. The stock hit a record high of Rs 158 on Thrusday, and was up 2.6 per cent at Rs 157 on volume of around 90 lakh shares on the NSE as of 10.21 AM, while the NSE Nifty was down 0.5 per cent at 17,711.

Reliance sets up free EV charging infra for employees in Mumbai campus

Reliance sets up free EV charging infra for employees in Mumbai campus

In a first, billionaire Mukesh Ambani's Reliance Industries Ltd has set up electric vehicle (EV) charging infrastructure at its Mumbai campus to allow employees to charge their EVs free of cost.

The company's HR on Wednesday sent mailers to employees informing about the Jio-bp pulse EV charging zone at its Navi Mumbai campus, Reliance Corporate Park (RCP).

Future-Amazon case: Supreme Court lifts stay on SIAC arbitration

Future-Amazon case: Supreme Court lifts stay on SIAC arbitration

The Supreme Court (SC) on Wednesday lifted the stay on arbitral proceedings before Singapore International Arbitration Centre (SIAC) between Future Group and Amazon. The Bench also said that Future Retail’s plea for termination of proceedings before SIAC will also be heard on priority.

The SC said in its order that the interim application will be transmitted to the Delhi High Court as agreed by both parties and as proceedings have already begun there.

Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon

Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon

Zee Entertainment shares slipped 3.4 per cent to a low of Rs 281.10 in the intra-day trades on the NSE on Thursday amid heavy volume. Till 9:30 AM, 124.5 million shares had changed hands on the NSE and BSE.

According to reports, Invesco Developing Markets, the largest shareholder of Zee Entertainment Enterprises, was looking to sell 7.8 per cent stake worth Rs 2,200 crore in the entertainment major via block deals on Thursday.

Maruti Suzuki to hike prices this month; recalls nearly 20,000 Eeco vans

Maruti Suzuki to hike prices this month; recalls nearly 20,000 Eeco vans

The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range this month amid rise in input costs.

Over the past year, the cost of the company’s vehicles continued to be adversely impac­ted due to increase in various input costs, the auto major said in a regulatory filing.

Gold trading at Rs 52,140 per 10 gm today; silver selling at Rs 66,300 a kg

Gold trading at Rs 52,140 per 10 gm today; silver selling at Rs 66,300 a kg

The price of 10 gram of 24-carat gold remained unchanged on Wednesday at Rs 52,140, while silver per kg became cheaper by Rs 300 to trade at Rs 66,300.

Ten gram of 22-carat gold is trading at Rs 47,800. The price of 10 gram of 24-carat gold in Delhi and Mumbai stood at Rs 52,140. Ten gram of 22-carat gold in Mumbai and Delhi is trading at Rs 47,800.

India logs 1,086 new COVID-19 cases, active cases decline to 11,871

India logs 1,086 new COVID-19 cases, active cases decline to 11,871

With 1,086 new coronavirus infections reported in a single day, India's total tally of COVID-19 cases rose to 4,30,30,925 while the active cases dipped to 11,871, according to the Union Health Ministry data updated on Wednesday.

The death toll climbed to 5,21,487 with 71 fresh fatalities, the data updated at 8 am stated.

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