Today’s top morning headlines - 8th September 2023

Markets are trading in the green as of 12:30 pm, with the NIFTY50 trading above the 19,800 level. Here are the top stories of the hour. Let us know what you think in the comments below!

Top gainer: Coal India: 283 ▲ 9.1 (+3.3%)
Top loser: Eicher Motors : 3,380 ▼ 22 (-0.6%)

:star: Ashok Leyland gains after unveiling new electric trucks
Shares of Ashok Leyland rose more than 1% intraday after the company’s EV arm, Switch Mobility, launched a new electric light commercial vehicle series. Moreover, the company also showcased the country’s first hydrogen internal combustion engine truck, which is being built and designed in collaboration with Reliance Industries.

:star: Mazagon Dock signs agreement with US government
Shares of the shipbuilding company jumped over 12% today, touching a new 52-week high after it signed a master ship repair agreement with the US government. This new deal will open up new opportunities for Mazagon Dock, including repairs of US Navy ships at the company’s shipyard.

:star: Network18 group stock gains as Viacom wins TV rights
Shares of the broadcasting firms TV18 Broadcast and Network18 Media gained more than 4% intraday. This comes after Viacom18 bagged the media rights for televising and live-streaming of Indian Super League (ISL) football for the next two seasons.

:star: EMS Limited IPO opens today
The ₹321 crore IPO of EMS Limited opened for subscription today and will remain open till 12 September. The company is engaged in the business of providing wastewater collection, treatment, and disposal services. The price band of this issue is ₹200 to ₹211 per equity share. As of 12:00 pm, the IPO has received a total subscription of 65%. To apply for this IPO, click here.