News for Sat Industries Limited (SATINDLTD.BO)

The quarterly earnings season commenced in the second week of April and remains ongoing, with more than 260 companies slated to announce their fourth-quarter earnings throughout this week.

Societe Generale bought 7 lakh shares, 0.62 percent stake at Rs 93.1 per share in Sat Industries.

BSE's Sensex advanced 490.97 points, or 0.69 per cent, to settle at 71,847.57. NSE's Nifty50 surged 141.25 points, or 0.66 per cent, to end the day at 21,658.60 for the day.

Real Estate major Sobha was shy of its upper circuit limit of 20 per cent. The realty firm gained over 19.9 per cent to Rs 1338.95 during the session.

On Tuesday, November 14, the domestic equity markets will remain shut for trading on account of Diwali Balipratipada.

Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas expects this pullback to continue till 19778 – 19800 where resistance in the form of the 50% Fibonacci retracement level and the 20-day moving average is placed.

Among sectors, BSE Realty index added 2 percent, BSE Information Technology index rose 1.8 percent, BSE Capital Goods index gained 1 percent, while BSE Power Index shed 2.5 percent, BSE Metal index fell 2.3 percent and BSE Telecom index fell 2 percent.

Aeroflex Industries is a market leader in metallic flexible flow solutions, offering a comprehensive range of products including corrugated stainless steel hoses and interlock flexible metal hoses.

The Ashish Kacholia-backed company raised Rs 351 crore from its initial public offering, as it sold its shares in the Rs 102-108 price band from August 22 to August 24.

The IPO of Aeroflex Industries saw a robust response, driven by healthy demand across categories. The issue was subscribed 97 times overall at close. The qualified institutional buyer category was the most subscribed at 194.7 times, followed by the non-institutional investors' portion with 126.10 times bids. The reservation shareholders' portion was subscribed 28.51 times, whereas the retail part was subscribed 34.35 times.

Persistent Systems had announced a final dividend of Rs 12 per share and a special dividend of Rs 10 per share. The dividends will be paid on August 17.

As many as 1,866 shares advanced, 1,620 declined, and 116 shares remained unchanged on June 14

Buzzing stocks of IOC, Bharti Airtel, LIC Housing, Bank of Baroda, Jindal Steel & Power, Chemplast Sanmar, Eiko Life, CreditAccess, Granules India, Paris Defence, HDFC, SAT Industries, Jupiter Wagons, Rajoo Engineers, HDFC, Vedanta

Akzo Nobel India shares would turn ex-dividend today. Akzo Nobel India had announced an interim dividend of Rs 25 per share. Today is also the record date for the same. The dividend will be paid on March 10.

Sah Polymers | Shares of the company were trading at a 10-15% premium over the issue price in the grey market, analysts have said

Sah Polymers IPO | The IPO is a fresh issue of 1.02 crore equity shares. There is no OFS component to the issue. Sah Polymers’ profit for FY23 grew by 244 percent to Rs 4.4 crore, while revenue climbed 46.2 percent to Rs 80.5 crore, compared to the previous year. Exports accounted for over than 55 percent of the topline.

In the Nifty50 index, 50 stocks closed in the green, while 0 stocks ended in the red.

In the Nifty pack, 32 stocks closed in the green, while 18 stocks ended in the red.

In the Nifty 50 index, 32 stocks ended in the green, while 18 stocks closed in the red in today's trade.