While Nifty ended with week-on-week gains of 1.5%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 14,602 crore on screen which included both buying and selling action. In the large cap segment, 15 companies witnessed significant block deals on the … Read more
Multibaggers Kfin Technologies and Computer Age Management Services (CAMS) are in a sweet spot, notwithstanding the stellar rally in the stocks in the last one year. The duopolistic nature of their business as Registrar and Transfer Agencies (RTAs) along with the booming domestic mutual fund growth story, discounts the current rich valuations and a potential … Read more
As FIIs lead sectoral churning in the market ahead of the beginning of the rate-cut cycle in India, private bank stocks have once again begun to outperform their high-flying PSU peers. In the last one month, the private bank index has risen 8% while PSU banks have lost 4.3% of their value. HDFC Bank and … Read more
Indian Railway Finance Corporation Share Price 161.43 04:01 PM | 20 Sep 2024 6.19(3.99%) Suzlon Energy Share Price 83.45 03:59 PM | 20 Sep 2024 2.49(3.07%) Indian Renewable Energy Development Agency Share Price 232.37 03:59 PM | 20 Sep 2024 2.37(1.03%) Tata Motors Share Price 970.85 03:59 PM | 20 Sep 2024 3.86(0.4%) YES Bank … Read more
The Rs 151 crore initial public offering (IPO) of Mumbai-based non-banking financial company (NBFC) Manba Finance is set to open for public subscription on September 23 and will close on September 25. Ahead of the issue, the grey market premium (GMP) for Manba Finance was around Rs 55-60, suggesting a 46% premium over the issue … Read more
The initial public offering (IPO) of Arkade Developers, which opened for subscription on September 16, has been subscribed 42.7 times on Thursday so far, the last day of the bidding process. Around 1 pm, the issue witnessed robust demand from the non-institutional investors and the retail investors, subscribing to the issue over 100 times and … Read more
State-owned company Container Corporation of India (CONCOR) and 31 other companies are likely to remain in focus today as they have set September 18 as the record date to determine shareholders’ eligiblility for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends. Earlier … Read more
Equity indices Sensex and Nifty took a breather on Friday after a record rally in the previous session and ended marginally lower on the emergence of profit-taking. Stocks that were in focus include names like Bharti Hexacom, which rose 5.2%, Jubilant Pharmova, which gained 12%, and Westlife, whose shares jumped 6% on Friday. Here’s what … Read more
Shares of Zomato rose 3% in Thursday’s early session to its day’s high of Rs 280.65, inching towards its all-time high level after the global brokerage firm UBS maintained a buy rating on the stock with a target price of Rs 320 on the back of company’s growth optimism. UBS in its note stated that … Read more
Suzlon Energy shares hit a 5% upper circuit in Tuesday’s intraday session to its day’s high of Rs 78.05 on BSE after the global brokerage firm maintained its overweight rating on the stock with a target price of Rs 73 as the company won a 1,166 MW order from NTPC Green Energy. Suzlon has gained … Read more
