Share Market Daily
- Share.Market
- 3 min read
- 13 Feb 2025
13 February 2025
Highlights
The Sensex dropped 32.11 points, while the Nifty declined 13.85 points. Among sectors, Nifty Pharma gained the most, rising by 1.35%, while Nifty IT fell by 1.00%. In stocks, Finolex Cables surged 13.05%, whereas Natco Pharma plunged 20.00%, making it the biggest loser.
Headline Indices
| Sensex 76,138 🔻0.04% | Nifty 50 23,031 🔻 0.06% |
Sectors at a glance
What moved the market?
Top 5 News of the day
Mahindra & Mahindra Financial Services to raise up to ₹3,000 crore via rights issue to strengthen its Tier 1 capital and support AUM growth. The fundraising aims to maintain a strong capital adequacy ratio, enabling future expansion in secured asset financing.
Nexus Select Trust completes the ₹869.75 crore acquisition of Vega City Mall, making it Bengaluru’s largest retail platform. The high-quality Grade-A mall is 96% leased, with the deal fully funded through listed NCDs
Apollo Pipes, a promoter of Kisan Mouldings bought an additional 0.5% stake in the company at an average price of ₹43.86 per share.
Tata Power Renewable Energy Limited (TPREL) and ONGC have signed an MoU to explore opportunities in Battery Energy Storage Systems (BESS), supporting India’s renewable energy goals and grid stability.
IPO Corner
Quality Power Electrical Equipment IP
Quality Power Electrical Equipment Ltd is set to launch its IPO on February 14, 2025, with the subscription window open until February 18, 2025. The price band for the issue is fixed between ₹401 and ₹425 per share.
Upcoming Events
Results this week
| Stock | Date | Event Details |
| Samvardhana Motherson International | 14 Feb 2025 | Quarterly Results |
Corporate Actions
| Stock | Date | Event Type | Event Details |
| Apollo Hospitals Enterprise | 14 Feb 2025 | Dividend | ₹ 9 per share |
| REC | 14 Feb 2025 | Dividend | ₹ 4.3 per share |
