Reliance Infra: Reliance Infra to raise Rs 2,390 crore via FCCB issue

Reliance Infra: Reliance Infra to raise Rs 2,390 crore via FCCB issue

Indian Railway Finance Corporation Share Price 155.34 03:59 PM | 1 Oct 2024 -3.38(-2.13%) Suzlon Energy Share Price 79.74 03:59 PM | 1 Oct 2024 -0.32(-0.39%) Indian Renewable Energy Development Agency Share Price 230.91 03:59 PM | 1 Oct 2024 -3.97(-1.7%) Tata Motors Share Price 965.2 03:59 PM | 1 Oct 2024 -9.45(-0.97%) YES Bank … Read more

Macrotech shares rally 5% as Nomura initiates coverage, sees 30% upside

Macrotech shares rally 5% as Nomura initiates coverage, sees 30% upside

Shares of Macrotech Developers surged 5% to its day’s high of Rs 1,297.60 on BSE after the global brokerage firm Nomura initiated coverage on the stock with a buy rating and a target price of Rs 1,600, predicting a 30% upside potential. The global brokerage firm is positive on the stock’s future prospects given its … Read more

Bajaj Auto to hike provision for deferred tax by Rs 211 cr post indexation benefit withdrawal

Bajaj Auto to hike provision for deferred tax by Rs 211 cr post indexation benefit withdrawal

Bajaj Auto Ltd on Monday said it will need to increase its provision for deferred tax by Rs 211 crore due to the withdrawal of indexation benefit and change in the tax rate on long-term capital gains on debt mutual fund. The company invests its surplus funds into a range of asset classes, including debt … Read more

Ultratech Cement among 11 stocks to trade ex-dividend on Tuesday. Last date to buy today

Ultratech Cement among 11 stocks to trade ex-dividend on Tuesday. Last date to buy today

Ultratech Cement among 11 other companies will likely remain in focus today as they had declared July 30 as the record date for the purpose of determining the eligible shareholders for the dividend payment. This means that today is the last day to buy the shares of these companies in order to be able to … Read more

NTPC board declares August 7 as record date for Rs 3 dividend

NTPC board declares August 7 as record date for Rs 3 dividend

The board of directors of the state-owned company NTPC on Saturday declared August 7 as the record date for the purpose of determining the eligible shareholders for the final dividend of Rs 3.25 per share. “It is hereby informed that the Company has fixed Wednesday, 7th August, 2024 as Record Date for the purpose of … Read more

This isn’t Hotel California! Sebi’s new delisting rules signals maturity of Indian equity market

This isn’t Hotel California! Sebi’s new delisting rules signals maturity of Indian equity market

“Why should we say that once you are listed you can never leave. This isn’t Hotel California. This is a rich, vibrant market. We welcome people, but if for some reason they need to exit, they must be able to” Sebi chairperson Madhabi Puri Buch said this week. And why shouldn’t we all agree with … Read more

Awfis IPO: Awfis Space IPO subscribed 108.56 times

Awfis IPO: Awfis Space IPO subscribed 108.56 times

The initial public offering of Awfis Space Solutions closed on Monday, with bids exceeding more than 108 times the shares the office sharing company has put up for sale. According to data from the BSE, the public issue received bids for more than 936.8 million shares against the 8.62 million shares on offer. The category … Read more

TVS Motor rolls out black edition of TVS Apache RTR 160 series at Rs 1.09 lakh

TVS Motor rolls out black edition of TVS Apache RTR 160 series at Rs 1.09 lakh

Two and three-wheeler maker TVS Motor Company strengthening its product portfolio has launched ‘A Blaze of Black’ Dark edition of its popular motorcycle TVS Apache 160 RTR. The new range of TVS Apache RTR 160 series will be available for Rs 1,09,990 while TVS Apache RTR 160 4 Valve at Rs 1,19,990 (ex-showroom Tamil Nadu) … Read more

RIL: Top brokerages bullish on Reliance, raise price targets

RIL: Top brokerages bullish on Reliance, raise price targets

Mumbai: Analysts at most top brokerages raised or retained share price targets on Reliance Industries (RIL) following the company’s March quarter results which were mostly in line with estimates. The stock fell 1.4% to close at ₹2,919.5 on Tuesday The average analyst price target on Reliance after the fourth quarter results stood at ₹3,113.94 – … Read more

BofA resumes coverage on Paytm with ‘underperform’ rating

BofA resumes coverage on Paytm with ‘underperform’ rating

Bank of America (BofA) has resumed its coverage on One 97 Communications with ‘Underperform’ rating and a target price of Rs 400 which is a 3% downside from the Monday closing price of Rs 412.20 on the NSE. The company which operates Paytm is expected to witness a gradual growth in its lending business, the … Read more