Construction and hospitality firm PKH Ventures on Monday said it has fixed a price band of Rs 140-148 a share for its initial share sale, which will open for public subscription on June 30. The initial public offering (IPO) will conclude on July 4, the company announced. The public issue comprises a fresh issue of [...]
The Chief Executive Officer of Bharti Airtel's enterprise arm Airtel Business, Ajay Chitkara, has resigned from the company, according to a filing. Following the resignation, Bharti Airtel has restructured leadership in the enterprise arm by dividing it into three segments. "Ajay Chitkara, CEO Airtel Business, has decided to move on from Airtel. He will continue [...]
Benchmark equity indices Sensex and Nifty closed on a mixed note in a volatile trade on Monday amid weak trends in the global markets. Selling in index heavyweight Reliance Industries and Tata Consultancy Services also played a spoilsport. In a lacklustre trading, the 30-share BSE Sensex dipped 9.37 points or 0.01 per cent to settle [...]
Shares of SJVN Ltd gained around 9 percent on Monday’s session and reached an all-time high of Rs 42.90 apiece on the NSE, Stock jumped after the government announced to set up a 500GW green power target by 2030. According to the CNBC-TV18 report, the Central government directed all states and union territories to prepare [...]
The stocks of Larsen & Toubro Limited saw a marginal decline in their prices and closed at Rs 2,377.55 as compared to the previous close of Rs 2,389.55. Keeping a trajectory of six months, the scrip has gained around 12 percent ranging from Rs 2,124.10 to the current price levels. The company, through a regulatory [...]
Shares of ICICI Securities gained as much as 15.29% on Monday’s intraday trade to reach a fresh 52-week high of ₹ 650.00 apiece on the Bombay Stock Exchange (BSE). According to an exchange filing on Sunday, ICICI Bank is set to consider a proposal for delisting the equity shares of ICICI Securities, along with the [...]
Investors are drawn to companies with high dividend yields because they ensure tax-free income, and they buy in such stocks only for the dividend yield based on their investments. A company's dividend payments may be viewed as a sign of stability and perspective growth, which may draw investors and increase the value of the shares. Here [...]
The stocks of Asian Paints Limited, a market leader in the paint industry, have shown slight gains of 0.50 percent today trading at Rs 3,314 as compared to the previous closing levels of Rs 3,297.70. The shares, year-to-date, have gained around 9 percent ranging from Rs 3,047.25 in January 2023 to the current price levels. [...]
The automotive industry in India is the largest, accounting for around 2.3% of the Indian GDP. India being the third largest steel producer provides a cost advantage to the auto components manufacturers as steel is a major raw material for them. According to ACMA, overall automotive industry turnover would rise by 10-15% in FY24. The [...]
Shares of RattanIndia Power shot up 19.15 per cent on Monday’s early trades to reach an intraday high of ₹ 5.60 apiece after Kotak Mahindra Bank on Friday said that two of its arms have invested ₹ 732 crores in the company to help it reduce the cost of debt servicing. Additionally, the company has [...]
