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Stock Market Today, Stock Market Live News Update | The HinduBusinessLine

GMDC shares surge 18% to 52-week high on heavy trading volumes HDBFS shares jump 12% post Q4 results, brokerages see steady growth Sensex, Nifty open higher on US-Iran peace deal hopes, lower oil Indian stocks heading for promising opening on Thursday 12 Stocks to watch: Tejas Networks, Rubicon, GHV Infra, Brigade, John Cockeril, Fino Payments Emerging markets investing legend Mark Mobius dies at 89 SEBI signs MoU with DoT to curb securities market fraud Goldman Sachs, Morgan Stanley buy Delhivery stake worth Rs 186 crore Gold surge lifts ETFs, jewellery stocks remain mixed Q4 Results Highlights Today: Elecon Engineering PAT declines, ICICI Lombard net profit rises 7%, HDB Financial shares gain ahead of Q4 results today, Reliance Industrial Infra, GTPL Hathway, Tejas Networks to announce Q4 results today, ICICI Prudential Life, Anand Rathi Share rise NSE active clients fall 7% to 4.57 crore in FY26 Datamatics powers Mumbai Metro Lines 2B & 9 with AFC, mobile ticketing Jewellery IPOs worth ₹3,840 crore delayed amid weak market sentiment India’s MTF book declines in March as market volatility hits leveraged trades 360 ONE Asset raises ₹2,000 crore for PIPE strategy targeting listed companies Asian stocks gain and oil falls on hopes of renewed US-Iran talks Stock markets shut for Ambedkar Jayanti; Sensex, Nifty 50 were down nearly 1% at close on Monday Just Dial Q4 profit falls 36% to ₹100 cr, revenue sees modest growth LIC board approves 1-for-1 bonus issue Jyoti CNC shares slump 15% after France probe into subsidiary Nifty slides 208 points as US-Iran talks collapse, crude tops $100 MFs invest more as market crash, cash holdings hit 16-month low Global downgrades unwind India’s premium, cap market upside ICICI Prudential AMC Q4 profit rises 10% to ₹763 crore, AUM up 25% Om Power Transmission IPO subscribed 3.33 times on final day Broker’s call: Anand Rathi Wealth (Neutral) Broker’s call: Paytm (Outperform) Pakistan Stock Exchange plunges 5,000 points after US-Iran talks fail Citius TransNet Investment Trust's ₹1,105-cr IPO to open on Apr 17 Dalal Street midday: Sensex, Nifty down nearly 1%, Reliance, Eicher among top laggards, auto, oil Stocks weigh
JM Financial PE leads ₹150 cr investment in contract manu...
By BL Mumbai Bureau · 2026-04-16 · via Stock Market Today, Stock Market Live News Update | The HinduBusinessLine
The investment will fund NG Electro Products’ next phase of growth.

The investment will fund NG Electro Products’ next phase of growth.

JM Financial Private Equity (JMFPE) on Thursday said it has led a ₹150 crore investment in NG Electro Products Pvt Ltd, a contract manufacturing platform serving consumer brands across home care, beauty and personal care and nutraceuticals.

The investment will fund the company’s next phase of growth, including expansion of manufacturing capacity, accelerating investment in R&D and product innovation and further strengthening its quality and compliance infrastructure, JMFPE said in a statement.

NG Electro’s product portfolio spans home care (detergents and cleaning solutions), beauty and personal care (skin and hair care formulations) and nutraceutical supplements.

Vinit Rai, Managing Director, JMFPE, said, “NG Electro has built a credible and differentiated platform in consumer product contract manufacturing, combining deep formulation expertise, robust manufacturing infrastructure and long-standing customer relationships across brands and retailers.”

“As consumer companies increasingly move toward asset-light supply chains, specialised manufacturers like NG Electro are well placed to capture that shift,” he added.

Published on April 16, 2026