Balaji Subramanian, AVP and telecom analyst, IIFL Securities, says that with the Supreme Court rejecting the telecom companies’ plea for re-computation of adjusted gross revenue (AGR) case, there is no relief in sight for telecom majors. If Vodafone Idea is able to complete its debt fundraising, then the capex programme should be on track and … Read more
Indian Railway Finance Corporation Share Price 180.96 04:06 PM | 28 Aug 2024 0.12(0.07%) One97 Communications Share Price 538.0 04:06 PM | 28 Aug 2024 -7.15(-1.32%) YES Bank Share Price 23.96 04:06 PM | 28 Aug 2024 -0.06(-0.25%) ITC Share Price 497.3 04:01 PM | 28 Aug 2024 -3.31(-0.66%) HDFC Bank Share Price 1637.1 04:06 … Read more
Mumbai: Companies are moving swiftly to buy back shares before new tax rules proposed in the budget take effect on October 1. This will tax the buyback amount in the hands of shareholders as per their tax slabs. Currently, such transactions are taxed at about 23% at the company level. Within just the three weeks … Read more
Benchmark equity indices Sensex and Nifty eked out gains in volatile trade to settle at record high levels on Tuesday, extending their gaining streak to the third day. In today’s trade, shares of Maruti, M&M, Tata Consumer, Adani Energy, Vedanta will be in focus due to various news developments and first quarter results. Maruti, M&M, … Read more
Eight stocks are under an F&O trade ban on Thursday viz. Balrampur Chini, Chambal Fertilizers & Chemicals, GMR Airports Infrastructure, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Copper, Piramal Enterprises (PEL), RBL Bank and Vedanta. Aditya Birla Fashion & Retail (ABFRL), India Cements, Indus Towers have moved out of the ban. The Future & … Read more
Indian companies raised a record $29.5 billion (nearly Rs 2.5 lakh crore) in the equity market through IPOs & FPOs during the first half of 2024, more than double the amount raised in the same period last year. The Jan-June total is the highest ever in terms of proceeds, with the number of issuances also … Read more
Nine stocks are under an F&O trade ban on Wednesday viz. Aditya Birla Fashion & Retail (ABFRL), Balrampur Chini, Bandhan Bank, Chambal Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), India Energy Exchange (IEX), India Cements, Indus Towers and Piramal Enterprises (PEL). While Hindustan Copper has exited the ban, IEX is the latest … Read more
While Nifty ended with modest weak-on-weak gains of 0.4%, the truncated trading week was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 40,543 crore on screen, which included both buying and selling. In the largecap segment, 15 companies witnessed significant block deals … Read more
Domestic markets began the week with modest gains, continuing the prevailing positive trend. In today’s trade, shares of Paytm, Indus Towers, Vedanta, Cipla, Gland Pharma among others will be in focus due to various news developments. Paytm Goldman Sachs sold 44.20 lakh shares of One 97 Communications on Tuesday via block deal for Rs 183.44 … Read more
Goldman Sachs Singapore Pte sold 44.20 lakh shares of One 97 Communications on Tuesday via block deal at a price of Rs 183.44 crore. The private equity firm sold Paytm shares at Rs 415.04 apiece, which was at a discount of 2.3% over Friday’s closing price of Rs 424.90. On Tuesday, Paytm shares ended at … Read more
