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Also, the company plans to raise Rs 80 crore through a pre-IPO placement round. If such placement is undertaken, the fresh issue size will be reduced.

Stocks that were in focus include names like CE Info Systems (Map My India) which was up more than 7% to hit a fresh record high, Finolex Cables also rallied more than 7% and MCX closed with gains of more than 8% to hit a fresh 52-week high on Thursday.

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Religare Broking has shared four stocks from the midcap space, which according to the brokerage still look promising.

How are returns on mutual funds calculated?

Updated at : 2023-09-28 17:30:01

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Indian frontline indices fell sharply on Thursday led by declines in FMCG, IT and auto stocks.

The central bank intervened in the non-deliverable forward and spot markets at the start of the India session, and was active during the session but was not aggressively selling U.S. dollars, according to three traders.

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Accenture expects revenue in the range of $15.85 billion to $16.45 billion in the first quarter. Analysts polled by LSEG forecast revenue of $16.43 billion.

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The rupee surged almost 6% in September, a remarkable feat as most currencies including the Thai baht and South Korean won tumbled against the dollar on speculation US interest-rates will stay elevated for longer. The currency rose 0.1% to 287.95 per dollar on Thursday, after sliding to a record-low of about 307 this month. Pakistan’s currency market is closed for a public holiday on Friday.

Bajaj Holdings shares fall 1.65% as Nifty drops

Updated at : 2023-09-28 16:25:01

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A total of 2,567 shares changed hands on the counter till time (IST).

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