The Indian stock market remained volatile on Wednesday ahead of the release of the Reserve Bank of India's latest policy meeting minutes and key macroeconomic data from the U.S. Till the afternoon, the Nifty 50 was trading 210.90 points or 1.15% lower at 18,174 levels while the BSE Sensex had shed 680.66 points or 1.10% [...]
The board of Hinduja Global Solutions Ltd has approved the buyback of its shares from the markets at a premium of 25 percent from the current levels. On December 19th, the board of the company approved a buyback of 60 lakh shares worth Rs 1,020 crore. On the news, the shares of the Hinduja group [...]
Many new-age stocks like Nykaa, Paytm, Zomato, and Delhivery got listed sometime around the recent bull run. The lock-in period for most of them has come to an end, but it continues to be a big overhang. These stocks have suffered deep cuts in their share prices since their listing, however, brokerages seem to see [...]
The shares of Sarveshwar Foods rallied 9.97% to reach an intraday high of ₹ 91.55 apiece on the National Stock Exchange (NSE), against the previous close of ₹ 83.25 on the National Stock Exchange (NSE). Its shares got locked at an upper circuit. Sarveshwar Foods is engaged in the manufacturing, trading and export of Basmati [...]
The shares of General Insurance Corporation of India (GIC) and New India Assurance Company Ltd (NIAC) gained 11.97% and 7.91%, respectively by 01:23 PM on Monday. In fact, the shares of GIC reached a fresh 52-week high of ₹ 188.15 apiece, on the National Stock Exchange (NSE). A slew of amendments to insurance laws is [...]
The shares of SBI Life Insurance Co. were trading for Rs 1,275 a piece, almost flat for the day during the first half of the trading session on Thursday. In the last six months, the stock has generated a return of 15.38% for its shareholders. It has trailed the benchmark Nifty50 index which has returned [...]
The shares of Kamat Hotels (India) Ltd., a chain of luxury hotels and hospitality were trading at Rs 109.20 per share as of 13:20 IST. Kamat Hotels is a small-cap company with a market capitalization of Rs 257 crore. Kamat Hotels has been a multi-bagger stock this year. Its shares have generated multi-bagger returns of [...]
Prabha Narasimhan, former senior executive director at HUL took over as Colgate-Palmolive’s early September this year. She disclosed her plans for the growth of the FMCG giant in the recent annual analysts' meet. Under her stewardship, Colgate-Palmolive plans to grow its oral care business with a focus on premiumization and likewise focus on the non-oral [...]
Indian public sector banks have been in highlight recently for their multi-bagger gains to their shareholders. All-time high loan disbursements, improved asset quality and expansion of net interest margins prompted retail and foreign institutional investors likewise to pile government banks in their portfolios. One such bank that has delivered impressive gains is the Bank of [...]
Supreme Petrochem Ltd informed the exchanges that its board has fixed Friday, January 6th, 2023 as the record date for the purpose of sub-division/ split of its shares of the face value of ₹ 4 to ₹ 2 per share paid up. Supreme Petrochem Ltd (SPL) is a leading petrochemical company engaged in the business [...]
