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Stock Market Live Updates: Sensex, Nifty open weak amidst lack of positive cues

Stock Market Live Updates: Sensex, Nifty open weak amidst lack of positive cues
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Timken Singapore: Singapore parent to sell up to 8 4% in Timken India

According to the term sheet issued by BofA Sec, Timken Singapore has fixed the floor price at 3,000 a share, a 14% discount to Mondays closing price.

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timken india share price: Timken India shares tumble 11% after promoters offloads stake

Timken Singapore, the parent of Timken India, sold up to 8.4% stake, or 63 lakh shares, in its India-listed firm for INR 1,890 crore through an open market transaction, fixing the floor price at INR 3,000 a share, a 14% discount to Monday s closing price of INR 3,485.5. Timken Singapore owned 67.8% in Timken India as of shareholding data for the quarter ending March 2023. Timken India s revenue from operations increased by 20% YoY to INR 802.5 crore in Q4 FY23.

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Share Market update: Sensex falls 111 pts, Nifty ends at 15,750; RIL top loser

Share Market update: Sensex falls 111 points at 52,908 and Nifty closes 28 points lower at 15,752. Sensex ended 8 points lower at 53,018 and Nifty lost 19 points to 15,780 in volatile trade on Thursday.

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Bajaj Auto stock falls 3% after BofA Sec cuts target price

Shares of Bajaj Auto fell nearly 3 per cent today after Bank of America Securities (BofA Sec) downgraded the stock to 'underperform' from a 'buy' call. The international brokerage and financial services body cut its target price to Rs 3,450 from Rs 4,200.

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