S&P BSE 100 LargeCap TMC Index News and Updates

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Life Insurance Corporation of India

26 May 2025

956.60

0.35%

LIC Increases Stake In Nestle To Over 5%

NDTV Profit

LIC purchased 1.49 lakh shares of Nestle, adding an additional 0.015% ownership to its stake in the company.

BOB Capital Markets Ltd. increased Buy price target of Life Insurance Corporation of India to 1092.0 on 28 May, 2025.

LIC Q4 Results: Date, Dividend Details, Earnings Call Schedule And More

NDTV Profit | 26 May 2025

UltraTech Cement Ltd.

26 May 2025

11159.00

1.14%

Cement demand to fuel consolidation; top 10 firms to add 140 MMTPA: Moody's

Business Standard

Growing cement demand will fuel consolidation in the cement sector, where large players are acquiring smaller regional players as they rush to increase production capacity to match the rising consumption, said Moody's Ratings. Over the past five years, the cement sector in India has witnessed significant industry consolidation and top 10 producers in the country have acquired around 140 MMTPA (million metric tonnes per annum) of domestic cement capacity, valued at around Rs 890 billion (USD 10.5 billion), from smaller regional players, it said. "Large companies with a pan-India presence such as UltraTech and Ambuja will continue to engage in M&A (merger and acquisition) to acquire smaller regional producers with weaker capacity utilisation and lower profitability," it said. Given the presence of a large number of smaller cement producers, numbering over 70, companies in South India are more exposed to industry consolidation compared with those domiciled in other parts of the...

UltraTech Cement Ltd. is trading below all available SMAs

IndusInd Bank Ltd.

26 May 2025

803.20

-1.37%

IndusInd Bank Fallout: Senior Bharat Financial Inclusion Executive Quits Profit Exclusive

NDTV Profit

IndusInd Bank Ltd. is trading above its 50 day SMA of 769.5

ICICI Bank Ltd.

26 May 2025

1454.80

1.66%

ICICI Bank ends PayLater on UPI: Here's what's changing for users now

Business Standard

ICICI Bank has discontinued its PayLater credit line on UPI for all users. Existing dues must be paid, but other banking services stay unaffected. Here's what you need to know.