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intense summer heat, Discom officials said. According to the State Load Dispatch Centre (SLDC) Delhi real-time data, the peak demand of the city broke all previous records. It reached 7717 MW at 3.33 pm, they said. Delhi's previous all-time high peak power demand was recorded at 7,695 MW on June 29, 2022, officials said.

Tube Investments of India Ltd. traded 2.4 per cent lower in Tuesday's session at 02:09PM (IST). The stock opened at Rs 3780.0 and has touched an intraday high and low of Rs 3780.0 and Rs 3695.55, respectively, during the session so far. The stock quoted a 52-week high of Rs 4159.5 and a 52-week low of 2647.1. About 4,853 shares changed hands on the counter so far.

Open interest indicates that bulls are likely to dominate the following counters. In Tuesday’s trading session, the following five stocks witnessed a build of fresh long positions. Lets first understand how this conclusion is reached that whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

Mahesh Rajaraman as Chief Risk Officer (CRO) of the company with effect from August 1, 2024. In a regulatory filing, Mahindra Finance said Mallika Mittal has tendered her resignation and ceased to be the CRO of the company with effect from May 17. Mittal would be exploring opportunities externally as per her resignation letter. Her resignation would be effective from close of business hours on November 16, 2024, when she would cease to be employee of the company, it added. The Non-banking Finance Company (NBFC) said in the interim period that Gaurav Verma, Head Underwriting & Product Policy, would exclusively oversee the risk management function and would be responsible for the responsibilities under the role of CRO until Rajaraman joins as the CRO.

ICICI Prudential Life Insurance Company Ltd. traded at Rs 577.1 on BSE at 01:18PM (IST) on Tuesday, down 2.02 per cent from previous close. The stock quoted a 52-week low price of Rs 421.45 and a high of Rs 640.8.

Indian Hotels Company Ltd. fell 0.29 per cent to Rs 568.95 at 01:33PM hours (IST) on Tuesday. Earlier in the day, the stock saw a start to the session. As per data available on BSE, total traded quantity on the counter stood at 72,771 shares with a turnover of Rs 4.12 crore till 01:33PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 64.51, while the price-to-book value ratio stood at 8.9.

Payal, an Indian woman from Punjab, celebrated her 16th wedding anniversary by purchasing a raffle ticket with money gifted by her husband, Harnek Singh. This decision led to a $1 million win in the Dubai Duty-Free (DDF) Millennium Millionaire series 461. The Lucky Ticket Payal bought the winning ticket, number 3337, online on May 3. She shared, «The money I used to buy the winning ticket came from my husband, who gifted me Dh1,000 on our wedding anniversary. I picked the ticket with the most number 3s in it.»

Supreme Court on Tuesday adjourned the hearing of former Jharkhand Chief Minister Hemant Soren's bail plea, refusing to grant bail. A bench of Justices Sanjiv Khanna and Dipankar Datta said it will hear the plea on May 22 after hearing the case for an hour. Senior advocate Kapil Sibal, representing Soren cited the case of Delhi chief minister Arvind Kejriwal and asked the court to release the JMM leader him to campaign for the Lok Sabha elections. The Enforcement Directorate (ED) had opposed Soren’s bail plea on May 20. In its affidavit, the ED argued that evidence establishes Soren's involvement in the illegal acquisition and possession of properties. The ED argued that campaigning for election was neither a fundamental, constitutional, nor a legal right.

finance ministry is likely to raise the CPSE dividend estimates by Rs 5,000 crore to around Rs 53,000 crore for the current fiscal in the full budget to be presented in July. In the interim budget 2024-25, the government had pegged dividend estimates from non-financial central public sector enterprises (CPSEs) at Rs 48,000 crore for the current fiscal. «The estimates may go up by about Rs 5,000 crore in the final budget to be presented in July,» an official told PTI. The interim budget estimates were based on the estimates in December 2023, and January 2024, and the estimates in the full budget will be higher as we have a better picture of the dividend now, the official added.

Ashok Leyland Ltd. traded 0.33 per cent down in Tuesday's trade at 12:17PM (IST). Around 425,208 shares changed hands on the counter. The counter opened at Rs 211.25 and touched an intraday high and low of Rs 211.9 and Rs 209.2, respectively, in the session so far. The stock of Ashok Leyland Ltd. quoted a 52-week high of Rs 211.9 and a 52-week low of Rs 144.2.

Investigation Agency (NIA) on Tuesday carried out multi-state raids in connection with its probe in Bengaluru's Ramshwaram Cafe blast case, officials said. Several customers and hotel staff members were injured, some of them grievously, in the blast that caused extensive damage to the cafe in the IT city on March 1. «Multi-states raids were underway in different locations,» a senior NIA official said, without sharing further details. The probe agency, that took over the case on March 3, had on April 12 arrested two key accused, including the mastermind Adbul Matheen Ahmed Taahaa, in the matter.

Tata Elxsi Ltd. dropped 0.81 per cent to Rs 7251.4 at 12:27PM (IST) in Tuesday's trade. The scrip hit a high of Rs 7347.3 and low of Rs 7245.45 so far during the session. The stock had closed at Rs 7311.1 in the previous session. The counter had a total traded volume of 12:27PM shares so far with a turnover of Rs 1.64 crore on BSE. The stock traded at a price-to-earnings multiple of 57.46 and a price-to-book ratio of 19.34.

Gensol Engineering on Tuesday announced the appointment of Shilpa Urhekar as Chief Executive Officer (CEO), Solar EPC (India). Urhekar will succeed Ali Imran Naqvi, who has been nominated to oversee the growth of Gensol Engineering Ltd and its subsidiaries, the company said in a BSE filing. Before joining Gensol, Urhekar served as the Country Head (India) at Sterling and Wilson Renewable Energy Ltd (SWREL), where her tenure saw successful bidding and execution of 6 Gigawatt (GW) renewable energy projects. She managed the multi-gigawatt Solar EPC projects across India.

digital banking, fraudsters continuously devise new tactics to deceive them. Instances of banking-related scams have been increasing, prompting numerous banks, such as the State Bank of India (SBI), to caution their customers about these fraudulent activities. They also provide guidance on taking precautions against the growing number of emerging scams. For example, SBI recently issued a warning about a scam involving the distribution of an Android Application Package (APK) to users under the guise of redeeming SBI reward points and the precautions to take. Let us look at some of the frauds that big banks in India have been warning customers about and how one can stay safe. Also read: «Rs 15,000 credited to a/c XXXXX9082»: This 'bank message' could be a scam; how to identify, save money

JSW Cement, a part of $24.25-billion JSW Group, on Tuesday said it plans to invest around Rs 3,000 crore to set up a cement manufacturing facility in Rajasthan’s Nagaur district. The new facility will be funded by a mix of debt and equity, the company said. The investment in the new facility will have a clinkerization unit of up to 3.30 MTPA (million tonnes per annum) and a grinding unit of up to 2.50 MTPA, a statement from JSW Cement said, It added that the new plant will have an 18 MW waste heat recovery-based power generation system.

PI Industries Ltd. traded 0.21 per cent up in Tuesday's trade at 12:07PM (IST). Around 2,688 shares changed hands on the counter. The scrip opened at Rs 3589.05 and touched an intraday high and low of Rs 3595.0 and Rs 3547.1, respectively, in the session so far. The stock of PI Industries Ltd. quoted a 52-week high of Rs 4032.0 and a 52-week low of Rs 3060.0.

DLF Ltd. traded 0.48 per cent up at Rs 855.35 at 11:57AM (IST) on Tuesday, even as BSE benchmark Sensex gained 13.35 points to 74019.29. The scrip had settled at Rs 851.25 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 967.0 and Rs 453.5, respectively.

Biocon Biologics on Tuesday said it has received approval from the US health regulator for its biosimilar product to treat different types of ophthalmology conditions. The US Food and Drug Administration (USFDA) has approved the company's first-to-file application for Yesafili, a vascular endothelial growth factor inhibitor used to treat several different types of ophthalmology conditions, the company said in a statement. Biocon Biologics is a part of Biocon Ltd. Yesafili is intended for the treatment of neovascular age-related macular degeneration, visual impairment due to macular oedema secondary to retinal vein occlusion, visual impairment due to diabetic macular oedema and visual impairment due to myopic choroidal neovascularisation.

Animal healthcare solutions firm Ajooni Biotech on Tuesday opened its rights issue with an aim to raise Rs 43.81 crore from existing shareholders. Ajooni Biotech will offer 8,76,13,721 fully paid-up equity shares of the face value of Rs 2 each at a price of Rs 5 per equity share aggregating to Rs 43.81 crore, the company said in a statement. The issue will close on May 31.

Avenue Supermarts Ltd. traded 0.99 per cent higher in Tuesday's session at 11:11AM (IST). The stock opened at Rs 4655.05 and has touched an intraday high and low of Rs 4732.9 and Rs 4613.15, respectively, during the session so far. The stock quoted a 52-week high of Rs 4892.2 and a 52-week low of 3375.25. About 2,646 shares changed hands on the counter so far.

Honasa Consumer Ltd.(up 5.12%), Future Consumer Ltd.(up 4.77%), JHS Svendgaard Laboratories Ltd.(up 0.81%), Adani Wilmar Ltd.(up 0.79%), Varun Beverages Ltd.(up 0.19%) and Britannia Industries Ltd.(up 0.02%) were among the top gainers.