News for Swan Energy Limited (SWANENERGY.BO)

Kotak Institutional Equities reported that IndusInd Bank, JSW Steel, Apollo Hospitals, and Asian Paints have over 5% pledged promoter holdings. The total pledged holdings in BSE-500 companies stood at ₹1.63 trillion in December 2024, showing a slight decline from the previous quarter.

Promoter pledged holdings in BSE-500 firms slipped to 0.84% in Dec 2024, according to a report by Kotak Institutional Equities revealed.

The Q3FY25 results for mid and small cap companies saw more downgrades compared to large caps against the previous quarter, as majority of the companies were facing either top line and margin pressures.

Indian markets closed nearly flat as IT gains offset consumer stock declines. Persistent FII outflows, weak earnings, and global trade worries kept sentiment cautious, while small and midcap stocks lagged due to valuation concerns.

Bandhan Bank, UCO Bank, Natco Pharma, Ircon International Ltd, IRCTC, ACC, BEML, Titagarh Rail Systems and Tanla Platforms were among BSE MidSmallcap 400 companies hitting their 52-week lows today.

Out of the 938 stocks in the BSE Smallcap index analysed by ETMarkets, 909 stocks ended the week in the red with the highest fall of 41% witnessed in NGL Fine-Chem.

Stocks including TCS, Hindalco, UltraTech, Bank of Baroda, United Breweries, Piramal Enterprises, Paytm, RBL Bank and more will be in the spotlight on Friday, February 14.

Balu Forge Q3 Results: Balu Forge posted a 134% YoY jump in Q3FY25 net profit at ₹59 crore, with revenue surging 74% to ₹256 crore. EBITDA margins expanded to 26.47%, driven by operational efficiencies and high-margin products. The company also announced strategic diversification plans.

Indian markets closed higher Monday, led by gains in Kotak Mahindra Bank and Wipro after strong earnings, while Zomato's weak results weighed. Sensex gained 454 points, and Nifty rose 141 points.

India's benchmark indices fell sharply, with Sensex down 1.59% and Nifty 1.62%, driven by broad-based selling and cautious investor sentiment over Human Metapneumovirus (HMPV) cases and global economic uncertainties, including the Fed's hawkish stance and strong dollar.

Stocks including Bharti Airtel, IRFC, Varun Beverages, RITES, Biocon, NHPC, PB Fintech, Swan Energy, Wockhardt and more will be in the spotlight on Friday, January 03.

Last year, Swan Energy Ltd acquired the company with the goal of becoming a leading private player in the manufacturing of naval defence and oil and gas vessels.

India Business News: MUMBAI: Billionaire Nikhil Merchant-owned Swan Energy has joined hands with AG&P Terminals & Logistics of US-based Nebula Energy to form a liquefied n.

Swan Energy and Singapore's AG&P Terminals & Logistics have partnered to form two joint ventures focused on LNG supply in India and beyond. One JV will handle LNG supply, with Swan Energy holding 51% stake. The other, majority-owned by AG&P LNG, will operate Swan Energy's LNG terminal using an FSRU. The deal is subject to due diligence.

Indian markets closed lower on Wednesday, dragged by banks and ahead of the US Fed rate decision. The market is cautious about potential policy changes in the US and India's high valuation. The rupee's weakness and a widening trade deficit are also concerns.

The Indian market reversed early losses to end in green on Friday. The IT stocks gained on a near-certain U.S. rate cut anticipation while consumer stocks staged a recovery after declining 1% as domestic inflation data showed that rural and urban food inflation remained elevated.

Smallcap stocks in India surged to record highs, driven by renewed investor confidence after the BJP's election win and expectations of earnings growth. The BSE Smallcap index jumped 11%, adding nearly Rs 8 lakh crore to market capitalization. While experts acknowledge the rally, they caution investors about potential risks and emphasize the importance of fundamental analysis.

Indian markets closed flat on Wednesday, with IT and consumer stocks gaining. Investors are awaiting US and Indian inflation data for cues on interest rate hikes. The US dollar strengthened and bond yields rose marginally.

The NSE Nifty index closed 31.75 points up at 24641.8