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Suzlon shares on Tuesday settled 1.49 per cent lower at Rs 64.82. At this closing price, it has delivered 68.45 per cent returns to investors on a year-to-date (YTD) basis compared to an 8.58 per cent rise in benchmark BSE Sensex during the same period.
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“The inspection was concluded, and the Facility received an official notification on December 24, 2024, citing 10 observations. Cenexi is committed to working closely with the ANSM to address the Observations and will provide further updates to the exchanges as they become available,” Gland Pharma stated.
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By adopting a well-informed and balanced strategy, retail investors can navigate this challenging phase and position themselves for future gains.
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Another report by Motilal Oswal said that Indian equities have outperformed US markets over the past 35 years, as investments in the Indian equity markets growing by nearly 95 times since 1990.
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HDFC Mutual Fund is renaming its HDFC Top 100 Fund to HDFC Large Cap Fund effective from January 1, 2025. This fund invests predominantly in large-cap companies aiming for long-term capital appreciation. The scheme will continue to be managed by Rahul Baijal and Dhruv Muchhal and benchmarked against the NIFTY 100 Total Returns Index.
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Nifty’s Pharma and Healthcare indices have gained 1.7% and 2.6% respectively in the past month, while the benchmark Nifty declined 2% in this period.
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India Business News: Stock market holiday today: The stock markets will remain closed on December 25 for Christmas. On Tuesday, investors showed caution leading to minor d
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Infosys Limited is one of the leading multinational technology companies in the world. It is headquartered in Bengaluru, India, and has operations across the globe. The company was founded in 1981 by…
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NFRA has alleged in its order that despite the materiality of the transaction, which required rigorous examination, Deloitte issued unmodified audit opinions for both financial years.
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Lenders to Mumbai Metro One are close to selling their ₹1,226 crore debt to NARCL for ₹1,063 crore, including 15% cash. The government-backed bad bank may restructure the debt while recovering loans is under government guarantee. SBI and IDBI Bank had petitioned for insolvency previously.
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IndiQube Spaces Ltd. filed its preliminary papers with capital markets regulator SEBI on Tuesday to raise up to Rs 850 crore via an initial public offering. The public offer will include an offer for sale of up to Rs 100 crore and fresh issue worth Rs 750 crore. Rishi Das and Meghna Agarwal are the […]
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NFRA has alleged in its order that despite the materiality of the transaction, which required rigorous examination, Deloitte issued unmodified audit opinions for both financial years.
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IndiQube Spaces Ltd. filed its preliminary papers with capital markets regulator SEBI on Tuesday to raise up to Rs 850 crore via an initial public offering. The public offer will include an offer for sale of up to Rs 100 crore and fresh issue worth Rs 750 crore. Rishi Das and Meghna Agarwal are the […]
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Lenders to Mumbai Metro One are close to selling their ₹1,226 crore debt to NARCL for ₹1,063 crore, including 15% cash. The government-backed bad bank may restructure the debt while recovering loans is under government guarantee. SBI and IDBI Bank had petitioned for insolvency previously.
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Manorama Industries Ltd. promoters Vinita Ashish Saraf, Shrey Ashish Saraf and Agastya Saraf along with shareholder Ritu Saraf have offloaded stake worth Rs 200 crore through open market transactions on Tuesday. On the other hand, fund houses like LIC Mutual Fund, Bank of India Mutual Fund and Aditya Birla Sun Life Mutual Fund bought shares […]
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Founded in 2015, the Bengaluru-based company, founded in 2015, plans to raise Rs 750 crore through a fresh issue of equity shares and Rs 100 crore via an offer for sale (OFS) by its promoter-selling shareholders
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UltraTech Cement Ltd. received a demand order of about Rs 36 crore from the Ujjain tax authority. The order was passed by the additional commissioner of CGST and central excise in Ujjain, demanding a goods and services tax of Rs 17 crore in taxes, and another Rs 17 crore in interest and penalty, according to […]
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The top 10 most-valued firms lost a cumulative Rs 4,986 crore in market valuation on Tuesday, with State Bank of India and Infosys Ltd. emerging as the biggest losers. SBI witnessed the steepest decline among the top 10 most valued firms, with a loss of Rs 8,121 crore, bringing its market capitalisation down to Rs […]
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Apart from geopolitical shifts as countries look to move supply chains away from China, India’s medtech industry can leverage the country’s cost advantage – a lower cost of manufacturing, software and hardware talent as well as a growing electronics ecosystem – to boost exports, Himanshu Baid said.
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The top 10 most-valued firms lost a cumulative Rs 4,986 crore in market valuation on Tuesday, with State Bank of India and Infosys Ltd. emerging as the biggest losers. SBI witnessed the steepest decline among the top 10 most valued firms, with a loss of Rs 8,121 crore, bringing its market capitalisation down to Rs […]
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BPCL approves greenfield refinery in Andhra Pradesh, emerges as lowest bidder for solar power projects, advancing renewable energy initiatives.
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BPCL approves greenfield refinery in Andhra Pradesh, emerges as lowest bidder for solar power projects, advancing renewable energy initiatives.
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Apart from geopolitical shifts as countries look to move supply chains away from China, India’s medtech industry can leverage the country’s cost advantage – a lower cost of manufacturing, software and hardware talent as well as a growing electronics ecosystem – to boost exports, Himanshu Baid said.
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Sensex and Nifty ended with minor declines on Tuesday, pressured by IT and bank stocks. The Sensex fell 0.09% to 78,472.87, while Nifty dropped 0.11% to 23,727.65. Nifty breached the critical 200-DMA support, indicating further downside potential. Analysts highlight the negative crossover on the momentum indicator and a weak advance-decline ratio, signaling bearish sentiment.
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The top 10 most-valued firms lost a cumulative Rs 4,986 crore in market valuation on Tuesday, with State Bank of India and Infosys Ltd. emerging as the biggest losers. SBI witnessed the steepest decline among the top 10 most valued firms, with a loss of Rs 8,121 crore, bringing its market capitalisation down to Rs […]
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