Shares of one of the leading manufacturers of forged and machined components in India surged by 6 percent on BSE to Rs. 2,579.9 on Wednesday. This increase followed a significant purchase by SBI Mutual Funds and others, which collectively purchased Rs. 196.15 crores worth of the company's shares. With a market capitalisation of Rs. 6,876.7 [...]
Zomato Limited’s shares plunged to clock a new 52- week low after they witnessed selling pressure this week, due to the end of the one-year lock-in period post listing. For a period of one year after the IPO, promoters, founders, employees and other shareholders who held Zomato’s shares before the IPO was not allowed to [...]
