News for McLeod Russel India Limited (MCLEODRUSS.NS)

The Global Tea Market Size was Valued at USD 49.53 Billion in 2023 and the Worldwide Tea Market Size is Expected to Reach USD 98.29 Billion by 2033,...

Stocks to watch on June 16, 2023: IKIO Lighting to debut today; BHEL, Delta Corp, Indiabulls Housing Fin, IEX, India Cements, L&T Housing Fin, Manappuram Fin, Tata Chem and Zee in F&O ban period.

"As a part of review of the surveillance action, the price band are revised in the various scrips. The revised price band will be effective from June 7, 2023," the exchange said.

In a subdued market environment, more than 70 stocks on the NSE delivered double-digit returns in last two weeks since closing of September 13 that are largely from categories of either small-caps or below

According to sources, in the letter, the company offers to infuse upfront equity worth Rs 300 crore and a debt of Rs 945 crore to resolve Mcleod Russel’s outstanding debt. The tea maker currently has a debt of over Rs 1,700 crore.

A round-up of the biggest articles from newspapers

The mandatory open offer under the takeover regulations of SEBI was made as the Burmans acquired an additional 5.26 per cent stake of Eveready from th..

Eveready had been under the control of the BM Khaitan group for two decades. The company came under the Khaitan fold in 1993 when it acquired Union Carbide India (renamed Eveready Industries India).

The mandatory open offer under the takeover regulations of SEBI was made as the Burmans acquired an additional 5.26 per cent stake of Eveready from the open market taking its total shareholding to 25.11 per cent.

Among the major movers on the National Stock Exchange (NSE), agri-biotechnology firm Equippp Social Impact Technologies has emerged as the top gainer in the list.

Nifty futures were trading 51 points or 0.32 per cent up at 15,821 on Singaporean Exchange, suggesting a positive opening for BSE Sensex and Nifty 50 on Wednesday

Trends on SGX Nifty indicate a positive opening for the index in India with a 40 points gain.

Check out the companies making the biggest headlines before the opening bell.

Rajesh Palviya of Axis Securities feels any sustainable move above 15,800 levels may cause momentum towards 15,900-15,950 levels.

Check out the companies making the biggest headlines before the bell.