News

Shares of Gulf Oil Lubricants India Ltd ended at ₹1,069.55, up by ₹45.60, or 4.45% on the BSE.

The project — to set up two high voltage direct current terminal stations — which was awarded by Power Grid Corporation of India, will facilitate the evacuation of renewable energy from Khavda in Gujarat to Nagpur in Maharashtra. Shares of Bharat Heavy Electricals Ltd ended at ₹241.45, up by ₹7.05, or 3.01%, on the BSE.

Shares of Zomato ended at ₹272.90 on the BSE, up 3.3% on Monday on the back of two triggers — the company’s inclusion in the 30-stock BSE Sensex and an approval for its ₹8,500 crore Qualified Institutional Placement (QIP).

The company added that it is actively engaging with tax authorities to expedite the release of the refund. Shares of New India Assurance Company Ltd ended at ₹180.25, up by ₹5.20, or 2.97%, on the BSE.

The award, granted under tariff-based competitive bidding, will be executed on a build, own, operate, and transfer (BOOT) basis. Shares of Power Grid Corporation of India Ltd ended at ₹342.85, up by ₹5.85, or 1.74%, on the BSE.

The offering could raise up to $500 million and is seen as a key test for global demand for Indian high-yield credit in the wake of the Adani controversy. The notes will feature call options, adding flexibility for Vedanta.

The demerger decision follows Unilever’s move to separate its global ice cream business and subsequent evaluations by an independent committee of HUL directors, which ended in the announcement of the separation in October, 2024. Shares of Hindustan Unilever Ltd ended at ₹2,483.15, up by ₹37.75, or 1.54%, on the BSE.

After 38 consecutive sessions of selling, Foreign Institutional Investors (FIIs) turned net buyers, purchasing ₹9,947.55 crore in equities today.

Zomato’s stock surged 4% on Monday after news of its inclusion in the BSE Sensex, replacing JSW Steel from 23 December. The company has seen a remarkable rally over the past year.

Nisal succeeds Pierre Bruno, who is stepping down. Omkar will continue to be based in London. Shares of Wipro Ltd ended at ₹582.75, up by ₹11.35, or 1.99%, on the BSE.