NSE to pay SEBI fine, ARCIL IPO, Shree Cement profits up 132%, & more — Daily Digest
Monday, 4 August 2025
Markets opened above Friday’s closing point.
Nifty 50 rose throughout the day. Main reasons for the rise were gains in major auto and metal sector stocks, along with strength in global markets.
All sectors’ stocks rose today except for the FMCG stocks. Metal stocks and realty stocks rose the most.
Global markets: Most Asian markets rose today. Most European markets rose (as of 6 pm IST). US markets fell on Friday.
News
NSE agreed to pay SEBI's Rs 40.35 crore fine to settle multiple violations concerning illegal sharing of confidential information of listed companies.
ARCIL filed for an IPO with SEBI consisting of an offer-for-sale of up to 10.5 crore equity shares. It is the first asset reconstruction company in India.
Stocks Updates
L&T: received an order (ranging from Rs 1,000 crore to Rs 2,500 crore) for a 116 MW solar plant with 241 MWh battery storage at Lakhisarai, Bihar.
Coal India: board fixed 21 Aug as the record date for a Rs 5.15 per share final dividend announced for FY 2024-25.
JSW Steel: will jointly invest Rs 5,845 crore with Japan-based ‘JFE Steel Corp’ for capacity expansion of high-grade electrical steel at Vijayanagar (Karnataka) and Nashik (Maharashtra) plants.
DLF: net profit rose 18% year-on-year to Rs 763 crore in the April-June quarter.
Shree Cement: net profit rose 132% year-on-year to Rs 644 crore in the April-June quarter.
Marico: net profit rose 9% year-on-year to Rs 504 crore in the April-June quarter.
Adani Enterprises: denied Bloomberg’s report of a partnership with Chinese firms BYD and Beijing Welion, calling it baseless and confirming no such discussions exist.
Maruti Suzuki: received a customs order demanding Rs 3.25 crore in duty and Rs 3.25 crore in penalty. The company plans to challenge the order.
Info Edge (Naukri): board approved a Rs 25 crore investment in its wholly owned subsidiary, SIHL, via convertible debentures to support tech investments.
Varun Beverages: converted a loan of around Rs 200 crore into equity shares to raise its stake in its South African subsidiary, Bevco, from 97.42% to 97.92%.
Indian Hotels: received a Rs 93.28 crore property tax penalty notice from Brihanmumbai Municipal Corporation (BMC) for Taj Lands End, Mumbai. The company will challenge the order.
ABB India: net profit fell 21% year-on-year to Rs 352 crore in the April-June quarter. Dividend declared: Rs 9.77 per share; record date: 8 Aug.
Word of the Day
Debt Consolidation
It means combining multiple loans into a single one to make repayment easier
So instead of paying off multiple loans with different interest rates, you just make one payment every month to a single lender.
This can make it easier to manage your loans and can reduce the interest you have to pay.
There are multiple ways to do this. One of them is to take a personal loan.
Example: a person has an education loan, home loan and credit card bills to pay. The person can take a new personal loan, use it to pay off all existing loans and make fixed payments to just one lender (ideally at a lower interest rate).
However, there are some drawbacks too.
There might be extra processing fees like pre-payment penalties.
And if you don’t plan properly, you might end up taking a loan again. It might also affect your credit score temporarily.
Not anyone can get a debt consolidation loan easily. You need a good credit score and proof of income, among other things. If your credit score is low, you might not get a good interest rate.
6 Day Course
Theme: order matching
Day 1: Monday
When you try to buy or sell a stock, you do not have to go looking for a person to trade with.
The stock market exchange does that for you.
They are the order match makers in between. This is done electronically by super fast computers.
In this weekʼs course, we will go deep into understanding how order matching works — in a simple manner first, and then more technically deep.
In a stock market, there are many people selling and buying at the same time.
The simplest way to think about the order match maker is to think about a person who will introduce you to someone you can trade with.
You want to buy 100 shares of XYZ Bank for Rs 380 each.
Someone else wants to sell 100 shares of XYZ Bank for Rs 380 each.
So he matches you both.
Featured Question
Q. “How to transfer funds from one mutual fund scheme to other scheme of the same AMC without breaking the ongoing SiP ?”
The moment you take out money from one mutual fund, it may attract taxes (depending on duration of investment and amount of profits).
There is no other way to transfer money from one mutual fund to another (even within the same AMC).
Switching = withdrawing and then re-investing.
Because of that reason, you cannot continue the same SIP when you change mutual funds.
You will have to cancel the existing SIP and then start a new SIP in the new mutual fund.
Did you like this edition?
Leave a feedback here!