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Goldman Sachs, Citigroup Global Markets, and four others on Friday bought shares of Amber Enterprises for Rs 210 crore through an open market transaction. Axis Mutual Fund (MF), Mahindra Manulife MF, Tata AIA Life Insurance and ICICI Prudential Life Insurance were the other entities, who have picked up stakes in Gurugram-based Amber Enterprises through separate […]
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We initiate coverage on Shriram Finance Ltd (SFL) with a BUY recommendation and a target price of Rs 3,825/share, implying an upside of 30% from the CMP. Born out of the merger of Shriram Transport…
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he Aditya Birla Sun Life (ABSL) Frontline Equity Fund has made a strong recovery in the past 2-3 years, delivering above-average returns while maintaining moderate risk. The fund, with a focus on large-cap stocks and a mix of midcaps, has outperformed its benchmark, the Nifty 100 TRI, in various timeframes, including 1-, 3-, 5-, and […]
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GIC, Hisar Metal Ind, Sambhaav Media, Mohit Inds and Salzer Electro, hit their fresh 52-week highs during the day.
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Rupee recovers slightly against US dollar, but expected to remain weak amid dollar demand and Fed rate cuts.
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Rupee recovers slightly against U.S. dollar, but expected to remain weak due to dollar demand and Fed rate cuts.
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The Relative Strength Index of the stock stood at 36.1 on Friday.
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Maruti Suzuki is set to make waves in the EV market with the launch of its e VITARA SUV. This move marks a significant step towards sustainable mobility in India.
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Sanathan Textiles Ltd.’s initial public offering opened for day two of subscription on Friday. It has been subscribed 0.71 times, or 71%, as of 11:09 a.m. It was subscribed 0.45 times, or 45% on its first day. The grey market premium of Sanathan Textiles was Rs 70 as of 5:04 a.m. on Friday, according to […]
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Food delivery and quick commerce (qcom) service application (app), Zomato, now commands a market capitalisation (mcap) higher than automobile giants Tata Motors and Bajaj Auto. Zomato, whose shares closed 1.18 per cent lower on Thursday at Rs 288.45 per share, has an mcap of Rs 2.78 trillion, according to BSE data. By comparison, Tata Motors’ […]
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The Relative Strength Index of the stock stood at 36.1 on Friday.
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Maruti Suzuki is set to make waves in the EV market with the launch of its e VITARA SUV. This move marks a significant step towards sustainable mobility in India.
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Friday is setting out to be a volatile day for stocks entering the Sensex and FTSE indices, as the rebalancing coincides with Sensex’s weekly options expiry. Shares of food delivery platform Zomato Ltd. and frontline private lenders ICICI Bank, Kotak Mahindra Bank and Bajaj Finance will be in demand on in the last leg of […]
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Bharti Airtel prepaid ₹3,626 crores in spectrum dues, bringing its total prepayments for 2024 to ₹28,320 crores. This clears all liabilities with interest costs above 8.65%. The company’s Q2FY25 net profit surged 168% YoY to ₹3,593 crore, with ARPU rising 15% to ₹233. Shares rallied 58% this year, outperforming the Nifty.
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Concord Enviro Systems IPO subscribed 0.60 times on Day 1, offering water treatment solutions with global reach.
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India Business News: The Indian rupee fell to a record low against the US dollar, crossing the 85 mark for the first time. This drop was influenced by the US Federal Reser
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UPL achieves the highest score globally in the agrochemicals sector and fourth highest in the chemicals industry in the Dow Jones Sustainability Index (DJSI) UPL is the only agrochemical company included in the DJSI World Index for the second consecutive year. LONDON, Dec. 20, 2024 /PRNewswire/ — UPL Ltd. (NSE: UPL) (BSE: 512070) (LSE: UPLL), […]
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SEBI has slapped a fine of INR 6 Lakh on Ebix’s two entities for misrepresentation of facts and disinformation in its IPO documentation.
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Industry questions government on record gold imports in November 2024, suspecting data errors, while demand rises due to various factors.
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Telangana’s Anti-Corruption Bureau filed a case against K.T. Rama Rao. The case involves alleged improper payments for the Hyderabad Formula-E race. The race was cancelled this year. Rama Rao denies wrongdoing and wants a public debate. He claims the payments were properly made. The governor granted permission for the case. Rama Rao says he will […]
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DOMS Industries Ltd.’s Italian promoter entity FILA Group pared stake for Rs 798.54 via open market deals on Thursday. Through the affiliate FILA Fabbrica Italiana Lapis Ed Affini SPA, the firm offloaded 27.7 lakh shares at an average price of Rs 2,879.29 apiece, according to buld deal data on the NSE. The share sale represents […]
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Telangana’s Anti-Corruption Bureau filed a case against K.T. Rama Rao. The case involves alleged improper payments for the Hyderabad Formula-E race. The race was cancelled this year. Rama Rao denies wrongdoing and wants a public debate. He claims the payments were properly made. The governor granted permission for the case. Rama Rao says he will […]
Read more
Industry questions government on record gold imports in November 2024, suspecting data errors, while demand rises due to various factors.
Read more
DOMS Industries Ltd.’s Italian promoter entity FILA Group pared stake for Rs 798.54 via open market deals on Thursday. Through the affiliate FILA Fabbrica Italiana Lapis Ed Affini SPA, the firm offloaded 27.7 lakh shares at an average price of Rs 2,879.29 apiece, according to buld deal data on the NSE. The share sale represents […]
Read more
The Nifty Auto index closed 0.73 per cent at 23070.90.
Read moreUnion Steel Minister H D Kumaraswamy has stated that
A personal loan of ₹1 lakh offers immediate access to
Union Ministers HD Kumaraswamy and Arjun Ram Meghwal
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