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Top News In Timken Singapore Today - Breaking & Trending Today

sensex today: Sensex recovers 526 pts from day's low to end 159 pts higher; What's behind U-turn

The BSE Sensex rose by 0.25% to reach 63,328, led by gains in tech and financial stocks, while caution ahead of US Federal Reserve Chair Jerome Powell s congressional testimony capped the gains. The Nifty index closed 0.33% higher at 18,816. Tata Motors, Power Grid, and HCL Tech were the main contributors to Sensex s gains. ....

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Timken India shares plunge 11% amid block deals; promoter Timken Singapore likely seller

According to BSE, 89.14 lakh shares worth Rs 2,780 crore exchanged hands as of 10.05 am while 32.26 shares amounting to Rs 1,027.61 crore were traded on the NSE. ....

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Timken India cracks 11% after almost 16% equity change hands on BSE, NSE

The counter had seen combined traded volume of around 12 million shares in the first hour of trading amid reports of parent company to offload stake. ....

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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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