Category: Stock

Sebi grants relief in minimum public shareholding compliance norms, waives penalties amid Middle East conflict

Market regulator Securities and Exchange Board of India (Sebi) has announced a one-time relaxation for listed companies struggling to meet Minimum Public Shareholding (MPS) norms, citing challenging market conditions driven by ongoing geopolitical tensions in the Middle East. Sebi’s relief comes following representations from industry bodies highlighting the difficulties in achieving compliance amid volatile markets. […]

Titagarh Rail shares rally 16% in two days. Here’s why Jefferies is bullish on this railway stock

The shares of Titagarh Rail Systems rallied around 16% in just two sessions after international brokerage Jefferies initiated coverage on the stock with a ‘Buy’ call, stating that strong rise in spending on passenger coaches, locomotives, and wagon, with a focus on safety, modernization, and Vande Bharat trainsets, will act as strong tailwinds. Jefferies in […]

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