Benchmark Sensex reversed its early gains to close lower by 398 points on Wednesday amid weak global trends. In today’s trade, shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC among others will be in focus due to various news developments. SBIState Bank of India, PT Bank KEB Hana Indonesia and Bank SBI … Read more
Goldman Sachs bought over 13 lakh shares in Arvind Fashions via block deal on Wednesday at a cost of Rs 75.35 crore. The American multinational investment bank and financial services company bought Arvind Fashion’s shares at a price of Rs 574.73 per share via Goldman Sachs Funds – Goldman Sachs India Equity Portfolio. This is … Read more
Shailesh Chaturvedi, MD & CEO, Arvind Fashions, says “the markets are behaving the way they were behaving in Q3 and we hope that we will continue to grow our offline channel at close to 10% growth. We have done a destocking in our B2B online wholesale business and that has led to a one-time sales … Read more
