KKR sold the entire 26.8% stake worth Rs 9,400 cr as part of its exit strategy
According to reports, Tata AMC plans to acquire the shares held by four public sector undertakings (PSUs) in the fund house that manages assets worth Rs 2.24 trillion
With the sharp fall in its share price since listing, analysts at Jefferies suggest long-term investors 'buy' the stock
ITC has been gaining market share in cigarettes over the last one year through new premium products & aggrieve trade promotions
Share price comes under pressure around the time when such a deadline is over, trend shows
Shares of Aether Industries made a relatively firm debut on the exchanges against recent listings on the exchanges.
Sustained growth in air travel and pricing discipline are key parameters for India's largest airline.
HeidelbergCement India Ltd on Friday reported a 33.13 per cent decline in its net profit to Rs 93.61 crore for the fourth quarter ended March 2022, mainly due to higher operating costs. The company had reported a net profit of Rs 139.99 crore in the year-ago period, HeidelbergCement India said in a BSE filing. However, its total revenue from operation increased 3.34 per cent to Rs 620.03 crore during the quarter under review against Rs 599.95 crore in the corresponding quarter of the previous fiscal. HeidelbergCement India's total expenses rose 10.35 per cent to Rs 534.60 crore in Q4 FY 2021-22 against Rs 484.42 crore a year ago. "On a per tonne basis, total operating cost, including freight, increased by 13.6 per cent y-o-y mainly due to higher coal, pet coke, diesel and packaging cost. The increase in operating cost was partially offset by an increase in other operating income mainly pertaining to SGST incentive from Government of Madhya Pradesh," said a post earning statement fr
Investors are worried that inflation pushing up interest rates will damage the global economy. These fears saw global shares hit their lowest point in 18 months last week.
Retail investors still in-the-money
Expanding capacities, rising volumes and expectations of higher valuation for its renewables subsidiary have boosted sentiment
Share prices on the National Stock Exchange (NSE) were updating normally on Monday, the country's largest bourse told a TV news channel after a leading broker said prices had stopped updating
Adani Enterprises Ltd on Wednesday announced divestment of its entire stake in DC Development Hyderabad Pvt Ltd and Naida Data Center (NDCL) to AdaniConnex Pvt Ltd. Consequently, DC Development Hyderabad and NDCL have ceased to be wholly-owned subsidiaries of the company, Adani Enterprises said in a filing to BSE. "The company has divested its 100 per cent stake in DC Development Hyderabad Private Ltd and Naida Data Center Ltd, wholly owned subsidiary (WoS) companies on 22nd February, 2022 to AdaniConnex Private Limited," the filing said. AdaniConnex is 50 per cent joint venture company of AEL with EdgeConneX Europe B.V.
The stock tanked 4.82 per cent to settle at Rs 171.70 on BSE, it declined 4.54 per cent to close at Rs 172.15 on NSE
Many have weak fundamentals to back share price rise and may not live to see the next bull run: Experts
Flags senior management exits in the firm, its average merchant loan size at sub-Rs 5,000 levels over the past year and regulatory uncertainty in fintech and insurance as concerns for the stock
At present, 359 companies are listed on the BSE SME platform
Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.
Long-short AIF strategies outperformed long-only funds
At the NSE, it made its debut at Rs 220.20, a premium of 1.94 per cent