Vedanta share price rose 2.3 per cent in trade on Thursday, May 27, 2025, logging an intraday high at ₹457 per share on BSE. The stock advanced after the National Company Law Appellate Tribunal (NCLAT) granted an interim stay on an order passed by the National Company Law Tribunal (NCLT) rejecting Vedanta’s five-way demerger. At 12:58 PM, Vedanta shares were up 1.15 per cent at ₹451.8 per share on the BSE. In comparison, the BSE Sensex
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The Securities and Exchange Board of India (Sebi) on Monday announced it will limit the expiries of all equity derivatives contracts to two days per week, either Tuesdays or Thursdays starting next month. This move is aimed at curbing hyper-activity on expiry days and reducing concentration risk in the market. In March, Sebi had proposed these changes following instances of frequent switches by exchanges on expiry days. The regulator believes that spacing out expiry days
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Rakesh Gangwal is likely to divest about 3.4 per cent stake in IndiGo for ₹6,831 crore via block deals. This is part of his long-term plan to gradually reduce his stake in India’s largest airline, which he cofounded with Rahul Bhatia in August 2006. Sources said the floor price for the transaction had been set at ₹5,175 per share, nearly 4.6 per cent below the last closing price of ₹5,424. Currently, Gangwal and his related
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N Chandrasekaran, chairman of Tata Consumer Products, has said in the company’s annual report for FY25 that India remains one of the bright spots of economic growth amid a volatile global environment. He said India’s long-term growth is underpinned by strong demographic and economic fundamentals and the ongoing structural reforms. “India’s near-term macro outlook remains strong with stable growth expectation in 2025, falling inflation, and ongoing monetary easing. India’s direct exposure to the US is
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Shares of JK Cement rallied over 10 per cent to hit a life high on Monday, after the company posted a 64 per cent jump in its net profit during the fourth quarter of the previous financial year (Q4FY25). The cement manufacturer, JK Cement’s stock rose as much as 10.5 per cent during the day to hit a life high of ₹632.8 per share. The stock pared gains to trade 5.5 per cent higher at ₹5,391 apiece,
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