The Indian markets started in the green on Tuesday. The BSE Sensex as well as the NSE Nifty 50 started marginally higher than the previous close, tracking mixed global cues. Notably, the shares of food delivery platform Zomato Limited surged 18.49% to reach an intraday high of ₹ 67.60. The shares saw their biggest intraday [...]
As the Street has entered the F&O expiry week the Indian Equity benchmarks BSE SENSEX and NSE Nifty50 have shown an up move on Monday. Though the metal stocks have limited the upside, the other sectors have pushed the indices higher. Here is a list of shares that investors can consider buying for an upside [...]
Shares of Venus Pipes & Tubes on Tuesday opened for trade on bourses with a gain of over 3.5 per cent against the issue price of Rs 332. The stock listed at Rs 335, a rise of 2.76 per cent, on the BSE. It further gained 7.89 per cent to Rs 351.75. At the NSE, [...]
Aditya Birla Fashion and Retail Limited (ABFRL) on Tuesday said it will raise up to Rs 2,195 crore from Singapore's sovereign wealth fund GIC. The board of the Aditya Birla group firm has approved the proposal to raise Rs 2,195 crore by way of preferential issuance of equity and warrants to an affiliate of GIC, [...]
Karnataka government on Monday signed an MoU with Lulu Group for Rs 2,000 crore worth investments in the state as Chief Minister B S Bommai held several meetings with global business leaders here on the sidelines of the World Economic Forum Annual Meeting. The Lulu Group intends to open four shopping malls and hypermarkets. It [...]
Crisis-hit Sri Lanka on Tuesday raised the petrol price by 24.3 per cent and diesel by 38.4 per cent, a record hike in fuel prices amidst the country’s worst economic crisis due to the shortage of foreign exchange reserves. With the second fuel price hike since April 19, now the most-used Octane 92 petrol would [...]
Net profit of knitwear manufacturer Rupa & Co declined 25.2 per cent at Rs 49.3 crore in the last quarter of 2021-22 as compared to Rs 65.9 crore in the previous similar period, a company statement said. Revenues of the company during the fourth quarter of last fiscal increased marginally to Rs 455.5 crore as [...]
Shares of supply chain company Delhivery Ltd on Tuesday made a muted market debut listing with a nearly 2 per cent premium against its issue price of Rs 487. The stock was listed at Rs 493, a gain of 1.23 per cent from the issue price on the BSE. It later jumped 7.62 per cent [...]
Speciality chemicals company Aether Industries on Monday said it has raised a little over Rs 240 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Tuesday. The company has allocated a total of 37,42,495 equity shares to anchor investors at Rs 642 apiece, taking the transaction size to Rs [...]
Markets regulator Sebi on Monday imposed a fine of Rs 50 lakh on an individual for indulging in fraudulent trading activities as a "conduit' with respect to initial share sales of two companies more than a decade ago. The companies -- IDFC Ltd and Sasken Communications Ltd -- had come out with their respective Initial [...]
