share prices

top losers: PFC, REC, Adani stocks among top losers, share prices fall up to 20%

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top losers: PFC, REC, Adani stocks among top losers, share prices fall up to 20%

Shares of companies such as PFC, REC Ltd and Adani Ports suffered the worst hit in today’s market mayhem which witnessed a massive selloff on the back of a poor showing by the Narendra Modi led NDA in the Lok Sabha elections, results for which were trickling in early in the day. PFC and REC … Read more

MNCs: Punters’ hopes of delisting gains dashed as MNCs opt for stake sales

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MNCs: Punters’ hopes of delisting gains dashed as MNCs opt for stake sales

Mumbai: Various global multinational giants have poured cold water on the expectations of local investors, who mopped up shares of Indian subsidiaries of these entities in anticipation of their delisting from the domestic bourses. With parents of at least eight MNCs choosing to cash out of the domestic arms in the wake of the sharp … Read more