The shares of FSN E-Commerce Ventures Ltd (Nykaa) tanked by nearly 12% in the last three days, to trade at ₹ 170.75 apiece on Wednesday. The company has been in the news, especially after the issue of bonus shares and after the lock-in period for its pre-IPO investors came to an end. According to the [...]
US-based agency, S&P Global Ratings on November 21 upgraded Axis Bank's long-term issue rating on their senior unsecured notes to 'BBB-' from 'BB+' on improving asset quality. In addition, it raised the private lender’s long-term and short-term issuer credit rating on the lender to 'BBB-/A-3' from 'BB+/B’ and kept the outlook 'Stable' for the bank. [...]
Benchmark indices made a gap-up start on Wednesday tracking strength across global markets. The thirty share index (BSE Sensex) opened at 61779.70 points, up 0.59%, while the fifty share index (Nifty 50) opened at 18325.20 points, up 0.44%. Here are a few shares that gained more than 10% as the markets edged higher: Edelweiss Financial [...]
The largest state insurer Life Insurance Corporation of India (LIC) has increased its holding in the Mahindra group company, Tech Mahindra Ltd. As per the latest shareholding pattern, LIC has increased its total holding by 2.011% in the quarter. LIC has increased its total shareholding from 4,73,44,343 to 6,69,25,392 Equity Shares effectively increasing the stake [...]
Early retirement is a new transition from the typical retirement that most millennials are choosing these days. Retirement is the time when one permanently decides to leave the workforce by resigning or leaving the job. The traditional retirement age of any government employee is 60+ but private employees have no fixed age. Normally people retire [...]
The shares of Advait Infratech Ltd were trading at Rs 629 levels till the afternoon on Tuesday afternoon. The stock has been volatile and has gained approximately 13 per cent in a month. Advait Infratech is engaged in business verticals such as turnkey telecommunication projects, installation of power transmission, substation and telecom products, liasioning -marketing, [...]
Investors wish to receive maximum returns on their investments. Many of them do this by investing in value stocks. This works in a similar way to buying something at a price lower than its actual value and selling it later at a higher price. Many factors are considered to find value stocks. These include a [...]
CA Swift Investments on Monday divested a 2.5 per cent stake in logistics firm Delhivery Ltd for ₹ 607 crores through an open market transaction. It is a special-purpose vehicle owned and controlled by Carlyle Group which held a 5.07 per cent stake in the company. Delhivery’s pre-IPO lock period ended and its shares were [...]
The shares of Bharti Airtel Ltd opened at Rs 853 on Tuesday and gained more than 1 per cent in the early trading hours to reach its new 52-week high of Rs 860.55. In the past month, the stock has gained approximately 6 per cent. The shares of Bharti Airtel Ltd have been on an [...]
Paytm’s (One 97 Communications Ltd) shares slumped to reach a 52-week low of ₹ 483.20 apiece on Wednesday. Its shares have lost 18.26% in the past five days. While SoftBank divested a stake, three FPIs bought a stake. This buoyed its share price. However, its shares are reeling under pressure again. The digital payments giant’s [...]
