Stocks

New Delhi, Jan 16, 2026 — Best Agrolife Limited shares appeared sharply lower on trading screens on Thursday as the stock turned ex-bonus and ex-split following two corporate actions effective the same day. The apparent steep fall in the share price is entirely technical, driven by the combined impact of a 1:2 bonus issue and a face value split from ₹10 to ₹1 per share. There is no change in the company’s underlying valuation or shareholder wealth. What Triggered the Sharp Price Adjustment Best Agrolife implemented two corporate actions simultaneously:Bonus issue in the ratio of 1:2Shareholders receive one bonus share for every two shares held Total shares become 1.5 timesStock split from face value ₹10 to ₹1Each share is split...

Mumbai, January 15, 2026: Trading activity across India’s equity markets remains suspended today as domestic stock exchanges observe a scheduled holiday on account of the Municipal Corporation elections in Maharashtra.Both the Bombay Stock Exchange and the National Stock Exchange are closed for trading in the capital market segment on Thursday, January 15. The closure applies to equities, equity derivatives, currency derivatives and other related market segments.The trading holiday has been declared in view of the civic polls being conducted across key municipal corporations in Maharashtra, including Mumbai, Pune and other urban centers, where election day is observed as a market holiday.Markets Ended Lower on Wednesday Ahead of...

Mumbai, January 14, 2026 Quadrant Future Tek Limited (NSE: QUADFUTURE | BSE: 544336) shares rallied sharply on Wednesday after the company secured a large domestic railway safety order, lifting investor sentiment and driving strong intraday volumes.The stock ended the session up 9.71% at ₹334.30, after touching an intraday high of ₹344.30, compared with a previous close of ₹304.70. The rally followed confirmation of a major contract win from Chittaranjan Locomotive Works, a key production unit under Indian Railways.₹287.83 crore order for KAVACH locomotive equipment Quadrant Future Tek has received and accepted an offer from Chittaranjan Locomotive Works (CLW) for the supply, installation, testing and commissioning of 353 onboard...

Mumbai, January 14, 2026 – Allcargo Logistics Limited (BSE: 532749) saw its equity base expand on Wednesday as 51,49,96,373 new equity shares of face value Rs 2 each were admitted for trading on the exchange, following the implementation of a composite restructuring exercise involving group entities. The newly listed shares rank pari passu with the existing equity shares of the company and were allotted on November 12, 2025. The listing became effective from January 14, 2026, enabling market participants to trade the expanded equity capital. Details of Newly Listed SharesParticularsDetailsCompanyAllcargo Logistics LimitedScrip Code532749Newly Listed Shares51,49,96,373 equity sharesFace ValueRs 2 per share...

Mumbai, January 14, 2026: Shares of Coal India Limited traded firmly higher in early trade on Wednesday, coinciding with the IPO allotment of its subsidiary, Bharat Coking Coal Limited, which is being finalised today.Coal India stock was trading at ₹440.15, up ₹11.25 or 2.62 percent, as of 9:55 AM IST. The stock opened at ₹428.00, touched an intraday high of ₹442.00, and remained above its previous close of ₹428.90, reflecting positive sentiment in the early session.Coal India Share Price Snapshot (as of 9:55 AM IST)Last Traded Price: ₹440.15 Day’s Gain: ₹11.25 (2.62%) Previous Close: ₹428.90 Open: ₹428.00 Intraday High: ₹442.00 Intraday Low: ₹427.40 VWAP: ₹439.05Bharat Coking Coal IPO Allotment Today The Bharat Coking Coal IPO...

Hyderabad, January 14, 2026: Sagar Cements Limited has completed a partial divestment in its subsidiary, Andhra Cements Limited, by selling 71,48,978 equity shares, representing 7.76 percent of the company’s total issued and paid-up equity share capital. The transaction was carried out over two trading sessions on January 9 and January 12, 2026, through a dedicated market window. The sale included participation from both non-retail and retail investors and was aimed at broadening public shareholding in Andhra Cements. Impact on Promoter Holding Prior to the transaction, Sagar Cements held an aggregate 90.00 percent stake in Andhra Cements, including shares under encumbrance. Following the sale, the promoter’s total holding has reduced...

Rupee Recovers from Lows as Dollar and Crude Ease The Indian rupee rebounded from lower levels and strengthened by 11 paise to trade at 90.12 against the US dollar in early trade on Wednesday. The recovery came amid softer crude oil prices and a marginal pullback in the US dollar in overseas markets.At the interbank foreign exchange, the rupee opened at 90.26 and gained momentum to touch an intraday high of 89.94 before settling at 90.12 against the greenback. The domestic currency had ended the previous session 6 paise lower at 90.23 against the US dollar.Market Participants Remain Cautious Ahead of Key Global Cues Despite the early gains in the rupee, market participants remained cautious as they monitored ongoing geopolitical...

Victory Electric Vehicles International made a weak stock market debut on Tuesday, January 14, with its shares listing at ₹34.45 on the NSE SME platform, marking a decline of 15.98 percent from the IPO issue price of ₹41.The stock opened at ₹34.45 during the special pre open session and stayed at the same level in early trade, indicating muted demand at the time of listing. The discounted debut was in line with expectations, as the IPO had carried a zero grey market premium ahead of listing.Listing Day Performance At the time of listing, the stock showed limited price discovery, with the opening price also emerging as the day’s high and low in initial trade. The volume weighted average price stood at ₹34.45, reflecting restrained...

Mumbai, Jan 14, 2026 — Kotak Mahindra Bank Limited shares appeared sharply lower on price charts on Tuesday as the stock began trading on an ex-split basis following the sub-division of equity shares from a face value of ₹5 to ₹1 per share.As a result of the adjustment, the share price on trading platforms was seen around ₹400–430, compared with the pre-split price of around ₹2,130 recorded on January 13, 2026. The move reflects an apparent decline of about 80%, which is purely technical and does not indicate any loss in shareholder value.What Triggered the Price Adjustment The face value split from ₹5 to ₹1, effective January 14, 2026, increases the number of outstanding shares fivefold. When the number of shares rises by 5 times...

Stock Performance on Tuesday Shares of HCL Technologies ended marginally lower on Tuesday after the IT services firm reported a decline in consolidated net profit for the October to December quarter of FY26.On the BSE, the stock closed at Rs 1,665, down 0.19 per cent. During the trading session, the scrip slipped as much as 2.49 per cent to an intraday low of Rs 1,626.40.At the NSE, HCL Tech shares settled at Rs 1,665, registering a decline of 0.15 per cent. The stock touched an intraday low of Rs 1,626, marking a similar 2.49 per cent fall during the day.Q3 FY26 Financial Performance HCL Tech reported an 11.2 per cent year on year decline in consolidated net profit to Rs 4,076 crore for the October to December quarter of FY26. In...

Mumbai, January 13, 2026: Larsen & Toubro Limited has moved to consolidate its offshore marine construction operations by acquiring the remaining 40 percent stake in its joint venture arm, L&T Sapura Shipping Private Limited, from its partner Sapura Nautical Power Pte Ltd. With this transaction, the subsidiary will become a wholly owned arm of the engineering and construction major. Transaction Overview The acquisition involves the purchase of 6.35 crore equity shares of L&T Sapura Shipping at a price of ₹19.26 per share, translating into a total equity consideration of approximately ₹1,224 crore. Alongside the equity acquisition, the subsidiary will also fully repay an outstanding shareholder loan of USD 16.93 million to the exiting...

Mumbai, January 13, 2026: Balu Forge Industries Limited on Tuesday said that an income tax search conducted at certain offices and manufacturing units has concluded, with no incriminating documents found during the operation.The company stated that the search, which commenced on January 7 and concluded on January 13, was carried out smoothly, with full cooperation extended by the company, its promoters, and key managerial personnel. All documents, clarifications, and details sought during the process were duly provided.Balu Forge clarified that its business operations and production activities continued as usual throughout the period and were not disrupted in any manner. The company further noted that there has been no material...

Mumbai, January 13, 2026 (IST): A busy corporate calendar is set for Tuesday as 22 listed companies across sectors convene board meetings to deliberate on December quarter (Q3 FY26) financial results, fund-raising proposals, dividend considerations, and other strategic matters. Heavyweights such as Tata Elxsi Limited, ICICI Lombard General Insurance Company Limited, ICICI Prudential Life Insurance Company Limited, Just Dial Limited, and Bank of Maharashtra anchor the day’s agenda. The meetings are expected to shape near-term market cues as investors track earnings momentum, capital actions, and balance-sheet updates. Companies Announcing Q3 FY26 Financial Results A majority of the meetings focus on approving unaudited or audited results...

Mumbai, Monday, January 12, 2026: Vedanta Limited shares traded higher in early deals on Monday after a key milestone was achieved in the group’s long-awaited corporate restructuring exercise. The stock was trading at ₹617.70, up ₹7.80 or 1.28 percent, reflecting steady investor confidence as the company moves closer to executing its demerger roadmap. Market Snapshot (as of 09:21 AM IST)ParticularsDetailsCurrent Price₹617.70Previous Close₹609.90Day’s High / Low₹625.10 / ₹617.45Opening Price₹619.00VWAP₹620.7452-Week High / Low₹629.90 / ₹362.20Market Capitalisation₹2.42 lakh croreFree-Float Market Cap₹1.04 lakh croreTurnover₹8.16 croreTraded Quantity1.32 lakh sharesVedanta remains part of the BSE 100...

Mumbai, January 12, 2026 (IST): Shares of ACC Ltd declined to a 52-week low of ₹1,701 during early trade on Monday, extending the stock’s downward trend over recent months as it trades near the lower end of its annual range. At around 9:16 am IST, the stock was trading at ₹1,701.40, down ₹2.10 or 0.12 percent from the previous close of ₹1,703.50. The session opened at the day’s low, indicating cautious sentiment at current levels. Price and Trading Snapshot (as of 9:16 am IST)ParticularsDetailsCurrent Price₹1,701.40Day’s Low₹1,701.00Day’s High₹1,713.50Previous Close₹1,703.5052-Week Low₹1,701.0052-Week High₹2,123.30VWAP₹1,705.62Turnover₹13.40 lakhThe stock has now corrected sharply from its 52-week high of...

Mumbai, January 12, 2026: Shares of Tejas Networks Limited (BSE: 540595 | NSE: TEJASNET) came under sharp selling pressure in Monday’s pre-open session, with the stock indicated to open at ₹395.70, down ₹21 or 5.04% from its previous close of ₹416.70. The weakness follows the company’s disclosure of its unaudited financial results for the quarter and nine months ended December 31, 2025, which showed a steep year-on-year contraction in revenue and continued losses. Pre-Open Snapshot and Market Context In pre-open trade, Tejas Networks touched its 52-week low of ₹395.70, underscoring the market’s cautious response to the latest earnings. The stock is now significantly off its 52-week high of ₹1,150, reflecting sustained concerns around...

Mumbai, January 12, 2026: SKM Egg Products Export (India) Ltd ended Monday’s session lower after beginning trade on an ex-split basis, following the sub-division of its equity shares from a face value of ₹10 to ₹5 per share. The stock closed at ₹159.90, down ₹12.25 or 7.12 percent from the adjusted reference price, after witnessing sustained selling pressure through the session. The decline reflects post-split market dynamics rather than any change in the company’s fundamentals. Stock Split Adjustment Explained The face value split became effective on January 12, 2026, under which each equity share of face value ₹10 was subdivided into two equity shares of face value ₹5 each. This constitutes a 1:2 stock split. Based on the previous...

Hyderabad, January 11, 2026: MedPlus Health Services Limited informed stock exchanges on Sunday that one of its subsidiary-operated pharmacy outlets in Karnataka has received a temporary suspension of its drug licence, impacting operations for a brief period.The development relates to Optival Health Solutions Private Limited, a wholly owned subsidiary of MedPlus Health Services, which operates a pharmacy store located on S Rammurthy Road in Virajpet, Karnataka. The suspension order was received on January 10, 2026, and mandates a two-day halt in operations at the concerned outlet.Details of the Action The order was issued by the Assistant Director, Drugs Control Administration, Madikeri Circle, and applies specifically to the...

New Delhi, January 9, 2026: Ola Electric Mobility Limited (NSE: OLAELEC) witnessed selling pressure in Friday’s trade after Japanese investment major SoftBank pared its stake in the electric two-wheeler manufacturer through its investment arm, SVF II Ostrich (DE) LLC. SVF II Ostrich (DE) LLC has sold 9.46 crore equity shares of Ola Electric in a series of transactions carried out between September 3, 2025 and January 5, 2026. The cumulative sale resulted in a reduction of 2.15 percent in its shareholding in the company. Following these transactions, the SoftBank-backed entity’s stake in Ola Electric has declined to 13.53 percent from 15.68 percent earlier. Second Round of Stake Reduction in FY26 This marks the second phase of stake...

Mumbai, January 9, 2026: Amansa Group entities have pared their holding in Jana Small Finance Bank Limited through a sale of equity shares in the secondary market, as per the latest shareholding disclosure dated January 8, 2026. The transaction involved the sale of 4,01,000 equity shares, representing 0.38 percent of the bank’s total voting capital. The shares were sold on January 8, 2026, resulting in a marginal reduction in the group’s overall stake. Shareholding Before and After the TransactionParticularsNumber of SharesPercentage HoldingHolding before sale44,20,0824.20%Shares sold4,01,0000.38%Holding after sale40,19,0823.82%Post the transaction, the Amansa Group’s cumulative holding in Jana Small Finance Bank stands...