S
17.40
as on 20 Aug 2025 at 15:29
Market Cap
₹1,636 Cr
PE Ratio
28.60
ROCE
12.89%
Syncom Formulations Announces Dual Leadership Resignations of CFO and Whole-time Director
Syncom Formulations (India) Limited announced the resignation of two key executives effective August 8, 2025. Shri Ankit Kedarmal Bankda resigned from his position as Chief Financial Officer, while Smt. Rinki Ankit Banka stepped down from her roles as Director and Whole-time Director. The company filed the disclosure on August 18, 2025, explaining that the delay in submitting resignation letters was due to internal processing and final settlement formalities with the departing executives. The resignations affect the company's senior management structure and board composition.
Get Recent Announcements & All Past News of SYNCOMF.
The above dates are ex-dates.
View All Stock EventsMarket Commentary
The Nifty 50 index provisionally closed at 25,050.55, recording a gain of 69.9 points or 0.28%. Meanwhile, the Nifty Bank index provisionally closed at 55,698.5, showing a decline of 166.65 points or 0.3%.
SEBI Unfreezes Sanjiv Bhasin's Trading Accounts After Rs 1 Crore Deposit Following SAT Order
SEBI has directed exchanges to unfreeze Sanjiv Bhasin's trading and demat accounts after he deposited Rs 1 crore with the regulator as ordered by the Securities Appellate Tribunal (SAT) on August 1. The SAT order came on Bhasin's appeal against SEBI's interim order that barred him from capital markets over alleged stock manipulation. SEBI had initially ordered impounding of unlawful gains worth Rs 11.37 crore in its June 17 interim order. The regulator alleged that Bhasin, while serving as IIFL director, manipulated stock prices by taking positions in securities through entities like Venus Portfolios, Gemini Portfolios, and HB Stockholdings before recommending the same stocks on media channels and IIFL's Telegram channel. SEBI found that his recommendations created significant impact on stock prices due to his large viewership, after which he would sell the securities for profit. The investigation covered the period from January 1, 2020 to June 12, 2024, triggered by three complaints received in September-October 2023.
BHP CEO Expresses Bullish Outlook on Copper, Stable Iron Ore Expectations
BHP CEO Ragnar Udd expressed strong optimism for copper prices, citing robust global demand and balanced supply conditions with potential shortfalls. The company expects copper demand to surge from 32 million tonnes currently to 50 million tonnes by 2050, driven by urbanisation, decarbonisation, and digitisation. Iron ore outlook remains stable with prices expected around $100 per dry metric tonne, supported by sustained Chinese steel demand. BHP's Western Australian iron ore operations produce 290 million tonnes annually, generating $7 more free cash flow per tonne than nearest competitors, translating to nearly $2 billion additional cash yearly. The company reports limited US tariff exposure, with only 3% of revenue from the US market, while China's copper demand increased 8% over the past calendar year. Steel demand is projected to grow 0.6% annually, with China maintaining billion-tonne production before gradual decline in the 2040s. Udd highlighted India as an exciting growth market, noting its trajectory to become the fourth-largest economy with strong domestic consumption and labour availability.
Russian Embassy Offers 5% Discount on Russian Crude Oil to India
The Russian Embassy in India has announced a 5% discount on Russian crude oil purchases. This pricing offer represents a direct diplomatic initiative to promote Russian oil sales to India.
Prismx Global Ventures' Statutory Auditors Resign Due to Professional Commitments
M/s. Bansal Gourav & Associates, Chartered Accountants, resigned as Statutory Auditors of Prismx Global Ventures Limited on August 19, 2025. The auditors cited pre-occupation with other assignments and professional commitments as reasons for their inability to devote time to the company's affairs. They confirmed no other material reasons existed for their resignation. Prismx Global Ventures is in the process of appointing a new Statutory Auditor and will ensure compliance with regulatory requirements.
0.72
Market Commentary
Nifty 50 opened at 24965.8, down by 14.85 points or 0.06%. Nifty Bank opened at 55751.5, declining by 113.65 points or 0.2%.
Gold Drops to Near 3-Week Low as Dollar Strengthens Ahead of Fed Jackson Hole Symposium
Gold prices declined to their lowest level in nearly three weeks as the U.S. dollar strengthened. Spot gold fell 0.1% to $3,312.79 per ounce, reaching its lowest since August 1, while U.S. gold futures dropped 0.1% to $3,355.20. The dollar index climbed to its highest level in over a week, making gold less affordable for international buyers. Investors are focused on Fed Chair Jerome Powell's upcoming speech at the Jackson Hole symposium (August 21-23) for monetary policy guidance. The Fed's July meeting minutes are expected to provide additional insights into policy direction. Interest rate futures indicate expectations for two 25 basis point rate cuts this year, with the first anticipated in September. Other precious metals showed mixed performance: silver remained steady at $37.35 per ounce, platinum gained 0.3% to $1,309.35, and palladium declined 0.4% to $1,110.50.
Market Commentary
Gift Nifty opened at 25024.5, showing an increase of 14.0 points, representing a 0.06% change.
Pay Zero Brokerage on Delivery
Open FREE Demat Account
+91
Or Scan the QR Code to download the Dhan App
Explore | Sitemap
*All securities mentioned on this website are exemplary and not recommendatory.
*Current prices on the website are delayed by 15 mins, login to check live prices.
We are bullish on India, we are bullish on India's prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India's traders and investors to participate in the growth story of the country.
Yet, most investing & trading platforms in India have remained more or less the same over the past decade. Times have changed and retail traders and investors have become smarter about managing their trades and money. Modern traders & investors require an online trading platform that helps them keep up with the technological advancements of our time.
That's why we're building Dhan - to help you trade, to help you invest, and to help you participate in India's growth stock via the stock market with awesome features and an incredible experience.
©2021-2025 Raise Securities Private Limited (formerly Moneylicious Securities Private Limited). All rights reserved. CIN: U74999MH2012PTC433549 Raise Securities is part of Raise Financial Services.
In case of grievances for any of the services rendered by Raise Securities Private Limited, please write to grievance@dhan.co (for NSE, BSE and MCX) or grievancedp@dhan.co (for Depository Participant). Please ensure that you carefully read the Risk Disclosure Document as prescribed by SEBI, our Terms of Use and Privacy Policy. Compliance Officer: Mr. Manish Garg and Mobile: 8655740961 Email: complianceofficer@dhan.co To lodge your complaints using SEBI SCORES, click here.
Disclaimer: All communications with the client via chat, phone, or email are for support purposes only. Any commitments or statements made by the agent (human or virtual) shall not be binding on the company.
DHAN is a brand owned by Raise Securities Private Limited. All DHAN clients are registered under Raise Securities Private Limited. Clients are advised to refer to our company as Raise Securities Private Limited when communicating with regulatory authorities.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances
Disclaimer: Investment in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit
Attention investors:
Note: As a policy we do not give stock tips or recommendations and have not authorized anyone to give this on behalf of us. If you know anyone claiming to be a part of Dhan / / Raise or our associate companies or partners and offering such services, please report us on help@dhan.co. Important Information for Investors: To prevent unauthorized transactions in your trading / demat account, do not share your account details, credentials or any personal details with anyone. Keep your mobile number updated with your Stock Broker, Depository Participant and ensure that the same is registered with Stock Exchanges, Depository and KRAs. You will receive alerts and information on your registered mobile number / email for debit and other important transactions in your demat account directly from CDSL / Exchange on the same day. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Stock Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. This is issued in the interest of investors.
Raise Securities Private Limited also known as Dhan is only an order collection platform that collects orders on behalf of clients and places them on BSE StarMF for execution. Client expressly agrees that Dhan is not liable or responsible and does not represent or warrant any damages regarding non- execution of orders or any incorrect execution of orders with regard to the funds chosen by the client or due to, but not being limited to, any link/system failure, delay in transfer of the funds on account of any unforeseen circumstances/issues in the banking system/payment aggregators or any other problems that may result in a delay in crediting the funds into the BSE Star MF's bank account.
Mutual fund investments are subject to market risks, read all scheme related documents carefully before investing. Dhan is not a distributor or agent of any mutual fund. Mutual Funds are not exchange-traded products. Any related disputes will not have access to the Exchange-investor redressal forum or arbitration mechanism. For other disclaimers please refer https://dhan.co/advertisement-disclaimer/
Download client registration documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in vernacular language: BSE | NSE | MCX
Kindly, read the Advisory Guidelines of BSE | NSE | MCX for investors as prescribed by the exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client's assets