Ratnamani Metals & Tubes shares gained around 21% in two trading sessions after its subsidiary, Ratnamani Finow Spooling Solutions, secured export orders worth approximately Rs 2,700 crore. The orders, placed by international customers, are expected to be executed over two to three years and could strengthen the subsidiary’s export and revenue visibility.
Sebi to revamp short-selling, securities lending rules
Sebi is reviewing short-selling and securities lending rules to improve liquidity and price discovery. The regulator is also planning reforms in clearing, broker compliance, custodial