Page 7 - Shares

Revenues of Indian public tech firms grew 4.5% QoQ, 17.8% annually: Nasscom

Digital and cloud the key drivers, with the share

Vedanta promoters buy 138.6 mn shares in Vedanta Ltd at Rs 349.7 per share

The promoters had put an offer for 170 million shares

Latent View jump 2.5x on debut, ends at Rs 489 versus offer price of Rs 197

The stock hit a high of Rs 549 and a low of Rs 462. Market players said at higher levels HNIs rushed to book profits to recover their investment cost

Aramco deal collapse hits RIL shares, market cap loss at Rs 72,000 cr

Analysts said market was factoring in a full $75 bn valuation for O2C segment. Irrespective of the refining and petrochem cycle, the key catalyst for the market was Aramco deal closure

Fino Payments shares drop 11% intraday on debut, before ending 6% down

Weak debut follows modest response to the firm's share sale. Its Rs 1,200-cr IPO was subscribed just two times

UBS Principal Capital Asia sells InterGlobe Aviation shares worth Rs 900 cr

UBS Principal Capital Asia Ltd on Friday sold shares of InterGlobe Aviation Ltd worth over Rs 900 crore, through open market transaction.

Labware company Tarsons Products' Rs 1,024-crore IPO to open Monday

The price band is Rs 635-662, firm will raise Rs 150 cr in fresh capital, OFS component is worth Rs 874 crore.

Airbnb results beat estimates as company weathers Delta crisis

The companies revenue grew 67 per cent to $2.2 billion in the third quarter, Airbnb said

Peloton lowers forecast after pandemic sales' boom turns to bust

The grim outlook sent the stock tumbling as much as 30% to $60.12 in late trading. Even before the swoon, Peloton shares were down 43% this year.

SBI Cards' shares shed 6.3% following a mixed bag in Q2

Analysts, however, remain positive with target prices indicating 13-25% upside on expectations of strong growth in FY22 earnings

JM Financial's Sept quarter net up 25% on surge in share sale fee income

The company posted a net profit of Rs 174.43 crore in the three-month period, compared with Rs 139.06 crore in the same period of last year.

Markets regulator Sebi relaxes eligibility criteria for SR shares

Market participants are of the view that certain aspects of the current framework on SR shares are onerous, which delays such issuer companies from raising funds from capital markets

World stocks at 1-month high as bond yields soften, tech shares rally

World stocks climbed to a one-month high on Tuesday due to rally in technology shares and prospects of solid corporate earnings

Airtel's right entitlement trading off to flying start, close 24% higher

The REs should rise further as they ended at the day's upper trading limit

Paras Defence skyrockets 2.85 times offer price on stock market debut

The company now holds record for most-subscribed IPO and best-listing day performance

Govt seeks to empanel merchant bankers, legal advisors for share sales

Appointment will be for two years, extendable for one year; contenders can quote a fee as low as Re 1, must submit bids by October 20

CarTrade, Aptus Value, Krsnaa Diagnostics, Rolex Rings hit new lows

CarTrade Tech shares hit a new low of Rs 1,365 on the BSE today, falling 16% from its issue price of Rs 1,618 per share.

Carlyle to divest 3.4% stake in SBI Cards, puts 32 mn shares in the block

Price band set at Rs 1,021-Rs 1,072.3 per share; At the lower end of the band, Carlyle will raise Rs 3,267.2 crore

TCS m-cap tops $200 bn, shares hit lifetime high of Rs 3,980 intra-day

The stock settles at Rs 3,955 at close, up 1.8% over previous close

PharmEasy buys majority stake in healthcare supply chain start-up Aknamed

API's subsidiary PharmEasy, which is planning an IPO, will acquire 975,937 equity share in the company