JSW Steel on Friday (10 March 2023) announced that its wholly owned subsidiary, JSW Steel Coated Products (JSWSCPL), has acquired 31% stake in Ayena Innovations.

JSW Steel arm acquires 31% stake in Ayena Innovations

Capital Market Automatic

Shares of ITCONS E-Solutions were trading at Rs 49.33 at 11:30 IST on the BSE, a discount of 3.27% compared with the issue price of Rs 51.

BSE SME ITCONS E-Solutions lists at discount

Orissa Minerals Development Company said that the expert appraisal committee of the Environment Ministry has recommended for grant of environmental clearance (EC) for Bagiaburu iron ore mines of the company.

MoEF's expert committee recommends grant of environmental clearance for OMDC Bagiaburu mine


The project will save on an average of 1540 MUs of CO2 emissions annually for Tata PowerDDL, a joint venture between Tata Power and Govt. of Delhi, that supplies electricity to a populace of over 7 million in North Delhi. 


Tata Power Renewable Energy signs PPA with Tata Power Delhi Distribution for 510 MW hybrid project

Shares of ResGen were trading at Rs 46.55 at 11:35 IST on the BSE, a discount of 0.96% compared with the issue price of Rs 47.

BSE SME ResGen slides on debut

Elgi Equipments jumped 2.77% to Rs 482 after the company said its wholly owned subsidiary, Elgi Compressors USA Inc, has entered into operating agreement to acquire 33.33% stake in CS Industrial Services.

Elgi Equipment gains after US arm to acquire stake in CS Industrial


The benchmark indices reversed gains and slipped into the negative terrain in mid-morning trade. The Nifty traded below the 17,400 level after hitting the day's high of 17,529.90 in early trade. Media stocks declined for the third consecutive trading session.


Nifty below 17,400 level, media stocks decline

Index of industrial production rises 5.2% on year in January 2023


HAL has already initiated steps for working closely with the customers to ensure that the fleet is fully operational. 

Hindustan Aeronautics update on operations of ALH Dhruv Helicopters

Spandana Sphoorty Financial on Saturday announced that its board approved the transfer of stressed loan portfolio to an asset reconstruction company (ARC) for Rs 133 crore.

Spandana Sphoorty board OKs to sell stressed loans for Rs 133 cr

Sona BLW Precision Forgings Ltd registered volume of 1232.47 lakh shares by 10:46 IST on BSE, a 2724.38 fold spurt over two-week average daily volume of 45238 shares

Volumes spurt at Sona BLW Precision Forgings Ltd counter

Sona BLW Precision Forgings declined 3.10% to Rs 422.50, dragged down by large volumes.

Sona BLW Precision Forgings falls on large volumes; extends losses for 4th day

One 97 Communications (Paytm) advanced 2.56% to Rs 608.30 after the company's lending business witnessed a 94% year on year (YoY) growth during the two months ended February 2023.

Paytm gains on good operating performance

Hindustan Aeronautics (HAL) rose 1.12% to Rs 2,881.80 after the company said it secured a contract worth Rs 667 crore from India's Ministry of Defence (MoD) for 6 Dornier-228 aircraft for Indian Air Force (IAF).

HAL gains on bagging contract from MoD

Metal stocks were trading in green, with the S&P BSE Metal index rising 69.34 points or 0.35% at 19659.29 at 09:46 IST.

Metal shares edge higher

Power stocks were trading with gains, with the S&P BSE Power index increasing 26.43 points or 0.74% at 3618.19 at 09:46 IST.

Power stocks rise

Utilties stocks were trading in the positive zone, with the S&P BSE Utilities index rising 23.11 points or 0.82% at 2854.66 at 09:46 IST.

Utilties shares gain

Finolex Industries commences commercial operations of PVC fittings at new facility in Pune


Kiddopia Inc is a 100% subsidiary of Paper Boat Apps (owned 51.5% by Nazara) & Mediawrkz Inc is a 100% subsidiary of Datawrkz Business Solutions (owned 33% by Nazara). 


Nazara's two step-down subsidiaries hold cash balance of USD 7.75 mn at Silicon Valley Bank

Marg reports consolidated net loss of Rs 5.75 crore in the December 2022 quarter

Blue Star Ltd has added 9.06% over last one month compared to 3.06% fall in S&P BSE Consumer Durables index and 1.96% drop in the SENSEX

Capital Market

Capital Market

Page 34 - Capital Market