BSE Limited has tightened the eligibility criteria for SME companies seeking to migrate to the mainboard. The exchange now requires a higher operating profitability of Rs 15 crores for the last three financial years, with a minimum of Rs 10 crores each year. Additionally, the minimum number of public shareholders has been increased to 1,000.
F&O Talk: Nifty charts suggest further consolidation; Sudeep Shah’s strategy on Cohance, HEG and 4 more stocks
Indian markets corrected amid volatility, with Nifty entering a consolidation phase after a sharp April rally. Technical indicators suggest a range-bound trend with key support