Sanathan Textiles shares made a healthy stock market debut to list with a premium of around 32 percent on the NSE on December 27.Yarn manufacturer Sanathan Textiles stock was listed at Rs 422.3 per share on the NSE over the IPO price of Rs 321, a premium of 31.56 percent. The company's market valuation post-listing of shares stood at Rs 3,373.63 crore.On the BSE, the shares of the company were lis...

Gaming platform company Nazara Technologies has acquired another 10.26% stake in Absolute Sports - a subsidiary - for Rs 72.73 crore, raising its stake in the company to 81.94%, an exchange filing said on December 26.Nazara has a share purchase agreement (SPA), dated September 18, 2024, with subsidiary Absolute Sports and founding shareholders Porush Jain and Srinivas Cuddapah for the acquisition ...

Shares of VA Tech Wabag were higher by more than 4% on December 27 after the company announced an order in Zambia for a wastewater treatment project worth Euro 78 million, or around Rs 700 crore.The order came from Lusaka Water Supply and Sanitation Company and marked VA Tech's entry into Zambia. As part of the order, VA Tech will execute the Engineering, Procurement,and Construction (EPC) of two ...

Shares of Gensol Engineering Ltd. witnessed a sharp rise today, currently trading at Rs 756.00, up by 6.52 percent, on the back of a significant contract win. As per an exchange filing, the company has secured an EPC contract from NTPC Renewable Energy worth approximately Rs 897.47 crore (including GST).This contract entails the development of 225 MW Grid Connected Solar PV Projects at GSECL Solar...

Benchmark indices Nifty and Sensex started the session on a strong footing, driven by gains in banking and auto stocks, while healthcare stocks lagged in negative territory. The small-cap index, which outperformed the frontline indices, pared all gains to trade flat. However, trading volumes were muted, reflecting the year-end holiday lull as investors closed their books for the year.Market expert...