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A total of 9,499 shares changed hands on the counter till 02:00PM (IST)

As of 30-Jun-2024, promoters held 46.7 per cent stake in the company, while FIIs held 19.32 per cent and domestic institutional investors had 16.23 per cent.

See, the process is that shortlisted bidders who have been considered fit and proper from the RBI, they will be sort of doing the due diligence process under the non-disclosure undertaking, that means a deeper analysis on the banks and other things following which after the documentation and the draft terms and conditions are agreed upon, then only the financial biddings will be sought from the shortlisted bidders.

The stock quoted a 52-week high of Rs 690.95 and a 52-week low of Rs 486.75.

​​ I think Department of Financial Services is quite looking into a lot of issues and their value creation and how their performance can be improved in the other three general insurance companies. As regards GIC, it is fairly strong at the moment and continue to move forward.

Bharti Airtel is poised for strong growth in revenue and EBITDA from FY24 to FY27, aided by anticipated tariff hikes and decreased capex. The company generated $2.3 billion in free cash flow over the last year and aims to reduce its debt. Mobile revenue and ARPU rose, with further gains expected from recent price hikes.

The Union Budget FY25 prioritized defence improvements and listed 346 items for indigenisation. ICICI Securities recommended investing in Solar Industries, Azad Engineering, Zen Technologies, Astra Microwave, and Dynamatic Technologies. The budget saw substantial increases in aircraft and aero engine allocations while maintaining stable funding for other defence areas.

TVS Motor Q1 Results: Standalone revenue from operations for the quarter rose by 16% YoY to Rs 8,376 crore as against Rs 7,218 crore in the year-ago quarter. In the first quarter of FY25, the company achieved its highest-ever operating EBITDA of Rs 960 crore, marking a significant 26% increase compared to the Rs 764 crore recorded in Q1 of FY 2023-24.

The stock quoted a 52-week high price of Rs 470.5 and a 52-week low of Rs 262.1.

By 11:57 am, the offering had received bids for 2,499,360 shares, which is about 5% of the total 4,963,9004 shares available. Retail investors filled 23% of their allocated quota, while non-institutional investors filled 3%. Qualified institutional buyers did not participate in the bidding at this time.