Siemens India shares now trade ex-energy business; check potential listing date

Monday is the record date for the demerger. Shareholders will get one share of Siemens Energy India for every Siemens India share they own (1:1 ratio).

Monday is the record date for the demerger. Shareholders will get one share of Siemens Energy India for every Siemens India share they own (1:1 ratio).

At the time of writing this report, shares of Piramal Enterprises, the parent company, were trading over 4% lower at ₹920.05 apiece on the BSE.

Back on June 4 last year, the Nifty fell 6%, declining to its current 52-week low of 21,281, before embarking on a stellar rally over the next three months to hit record high levels of 26,277. Since then, the index…

On the charts, the stock has slipped below all of its key moving averages, being the 50, 100 and 200-Day Moving Average, after this recent fall.

Gold’s unexpected decline comes at a time when it should, in theory, be rising.

The Nifty Metal index crashed over 8% during the opening session on April 7. All 15 constituents of the index are trading in the red, with stocks like Tata Steel, Lloyds Metals, NALCO, among others declining up to 18%.

The government planned to sell up to 4.83% stake in Mazagon Dock Shipbuilders through this Offer For Sale. The government had announced that they will be using the green shoe option for this stake sale, as the non-retail portion was…

Macrotech Developers Share Price | The company, in its fourth quarter business update, said it witnessed a 14% growth in its pre-sales compared to the previous year. It said it achieved its best-ever quarterly pre-sales of ₹4,810 crore in the…

On Monday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.

Tata Group’s cash cow, Tata Consultancy Services (TCS) is down over 5% on Monday ahead of its fourth quarter results, which will be reported later this week.