VA Tech Wabag shares gain 3% after Chennai water treatment plant order worth over ₹1,000 crore
As per the contract, VA Tech Wabag will refurbish and upgrade the existing facility to restore its full treatment capacity of 45 MLD within 18 months.
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Gandhar Oil flags 20% oil price surge, forex risks; says UAE plant ops may be hit
The company said its UAE plant, a 50.1% subsidiary, is maintaining optimum inventory levels, and domestic sales are ongoing. However, if the war continues, raw material supply could be affected, potentially impacting UAE operations. Shares of Gandhar Oil Refinery India…
Indian Overseas Bank cuts 1-month MCLR by 10 bps to 8.20%, effective March 15
Indian Overseas Bank cut the one-month MCLR by 10 basis points to 8.20%, effective March 15, 2026. Q3 net profit rose 56.2% to ₹1,365 crore. Shares rose 0.86% to ₹33.85.
Trade Setup for March 13: Nifty struggles below 23,800 as every recovery gets sold into
The Nifty opened with a gap-down of about 190 points but staged a sharp recovery during the early to mid part of the session. However, the rebound proved short-lived as the index failed to hold on to higher levels and…
Exclusive | NSE guns a valuation of ₹5 lakh crore, sources say
Sources told CNBC-TV18 that NSE is targeting a valuation above ₹5 lakh crore for its long-awaited IPO, planning to dilute 4–5% via OFS. More details inside.
Balaji Amines’ plants closed as West Asia war hits ammonia supply
The speciality chemicals maker said some of its plants have become non-operational due to disruptions in the supply of ammonia, a key raw material, with certain key suppliers invoking the force majeure clause. Shares of Balaji Amines Ltd ended at…
Manorama Industries board approves ₹500-cr fundraise via QIP
Manorama Industries Ltd plans to raise ₹500 crore via securities issuance, including equity shares and convertible securities. Shares of Manorama Industries Ltd ended lower on Thursday, March 12, by 0.64% at 1,328.60 on the NSE.
DCM Shriram okays ₹217-cr investment in Gujarat’s Bharuch renewable power project
The investment will enable the company to obtain around 48 MW of additional renewable power supply for the Bharuch plant, including about 30 MW of round-the-clock power at a 75% capacity utilisation factor. Shares of DCM Shriram Ltd ended at…
Max Financial Services board clears ₹2,000 crore QIP to fund Axis Max Life growth
Shares of Max Financial Services Ltd ended at ₹1,698.00, down by ₹27.25, or 1.58%, on the BSE.
One-third of listed stocks down over 50% from peak as market rout intensifies
Stocks fell on March 12 due to West Asia crisis concerns, eroding over ₹40 lakh crore in investor wealth. Adani Enterprises, DLF, and TCS saw significant drops.