Sedemac Mechatronics starts limited commercial production at new Pune facility

Shares of Sedemac Mechatronics Ltd ended at ₹3,435.85, up by ₹130.70, or 3.95%, on the BSE.

Shares of Sedemac Mechatronics Ltd ended at ₹3,435.85, up by ₹130.70, or 3.95%, on the BSE.

Shares of Aequs Ltd ended at ₹246.00, up by ₹3.15, or 1.30%, on the BSE.

JPMorgan initiated coverage of the sports data and technology stock with an overweight rating. It also put an $8 price target on shares, implying 38% upside from Thursday’s close.

Goldman Sachs has a buy rating on the wholesale stock. It lowered its price target on shares to $1,134 from $1,159, though the new forecast suggests 26% upside from Thursday’s close.

US stock futures gained as Treasury yields pulled back from multi-year highs, while easing oil prices offered some relief to investors worried about inflation and borrowing costs.

SEBI has barred Omaxe, its promoters and group entities from accessing the securities market for up to one year and imposed ₹1.92 crore in fines over an alleged scheme to artificially meet minimum public shareholding requirements.

Shares of Bharat Coking Coal Ltd ended at ₹32.07, down ₹0.05, or 0.16%, on the BSE, while shares of Steel Authority of India Ltd ended at ₹184.80, up ₹0.80, or 0.43%.

HDFC Bank New CEO Live Updates: HDFC Bank is expected to announce its next MD and CEO soon, with Kaizad Bharucha and Anup Bagchi among the two names submitted to the RBI for approval. Follow CNBC-TV18 for the latest updates…

Shares of Signatureglobal (India) Ltd ended at ₹788.55, up by ₹1.65, or 0.21%, on the BSE.

Anjali Labtech plans to use most of the fresh IPO proceeds to expand lab-grown diamond production, build a new corporate facility and reduce debt.