Tuesday, October 06
New Delhi, About 18.05 crore shares of Wipro, amounting to a 1.72 per cent stake, were exchanged among promoter group entities through open market transactions on Wednesday, according to the exchange data. Following the share sale, Wipro shares appreciated by 1.61 per cent to close at Rs 258.95 apiece on the BSE. The stock settled 1.62 per cent higher at Rs 259 per piece on the National Stock Exchange (NSE). According to the block deal data on the NSE, promoter entity Azim Premji Trust sold a total of 18.05 crore equity shares or 1.72 per cent stake in Bengaluru-based Wipro. The transaction valued at around Rs 4,674.77 crore, was executed at an average price of Rs 258.99 per share. Meanwhile, Prazim Traders and Zash Trader (part of Wipro's promoter group) bought these shares at the same pr
Oriental Carbon & Chemicals shares climbed as much as 8.8% on Wednesday to Rs 329.05 on BSE, after Bank of America (BofA) acquired 53,428 shares in the company via a block deal on Monday. The shares were purchased at Rs 289.53 apiece, taking the total deal value to approximately Rs 1.5 crore.The company, which manufactures insoluble sulphur—including customised and value-added grades—has a market capitalisation of Rs 302 crore on the NSE.Also Read: Swiggy, Radico Khaitan among 7 stocks on which brokerages initiated coverage, see up to 34% upsideThe stock is low on volatility and has traded with a 1-year beta of 0.9.The company reported a consolidated net profit of Rs 90 lakh in the quarter ended March 31, 2025, versus Rs 14 crore in the year-ago period. Revenue also fell sharply to
Ace investor Vijay Kedia on Wednesday bought 1 lakh shares in Advait Energy Transitions at a price of Rs 1,725 per share. He bought a stake worth Rs 17.25 crore through Kedia Securities Private Limited.Kedia's portfolio is among the most followed ace investors on the D-Street. He began investing in the stock market at the age of 19 and started Kedia Securities in 1992, when he was 33. The smallcap company with a market capitalisation of Rs 1,800 crore on the BSE, is based out of Ahmedabad and offers products and end-to-end solutions for power transmission, substation, and telecommunication infrastructure. The company diversified into renewable energy in 2023. Founded in 2009, Advait Energy Transitions Limited specializes in stringing tools, ACS wire manufacturing, OPGW operations, ERS, tur
Mirae Asset MF, BlackRock, and Goldman Sachs, among others, on Wednesday bought nearly a 1 per cent stake in financial services company Aditya Birla Capital for Rs 568 crore through open market transactions.Motilal Oswal Mutual Fund (MF), Edelweiss MF, HSBC MF, New York State Teachers Retirement System, Dublin-based Mediolanum International Funds, and investment management firm Eaton Vance were among the buyers of Aditya Birla Capital's shares, as per the block deal data available on the BSE.Eaton Vance is part of the Morgan Stanley Investment Management (MSIM). MSIM is the asset management division of US-based Morgan Stanley.These entities purchased 2.34 crore equity shares or 0.9 per cent stake in Mumbai-based Aditya Birla Capital at an average price of Rs 242.65 apiece, taking the aggre
A severe heatwave has gripped Pakistan's Punjab province, with temperatures soaring up to 50 degrees Celsius in some districts, the Pakistan Meteorological Department (PMD) said on Wednesday. The heatwave is expected to continue for the next 48 to 72 hours. Bhakkar, Noorpur Thal, Gujra-nwala, Hafizabad, Layyah and Mandi Bahauddin experienced extreme temperatures ranging between 48 deg C and 49 deg C on Tuesday and Wednesday. In Lahore, the mercury touched 45°C on Wednesday. The extreme conditions are part of an ongoing heatwave which is likely to persist until June 13, with temperatures remaining 5 to 7 degrees Celsius above normal across the region, officials said. The Punjab government has issued warnings to residents to stay hydrated, avoid outdoor activities during peak heat hours, an
