ITC stock price can rally upto 21% post BAT block deal today: Brokerages
British American Tobacco (BAT) is set to sell a 3.5% stake in ITC Limited through a block deal today, with a total size of Rs 16,775 crore.
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Bharat Highways InvIT ends flat on listing day
Units of Bharat Highways InvIT Limited debuted on the exchange. The Unit listed Rs 101 per share on BSE and Rs 101.10 per unit on NSE, at a premium of 1% and 1.10% respectively.
ITC: BAT to sell stake worth Rs 16,775 crore via block deal tomorrow
British American Tobacco (BAT) has announced and launched the block deal to sell a 3.5% stake in ITC tomorrow.
Gopal Snacks IPO subscribed over 9 times on final day
The Initial Public Offering of Gopal Snacks Limited was subscribed 9.02 times on the final day of bidding.
Share of Women in mutual funds AUM surges from 15.2% in 2017 to 20.9% in 2023: AMFI
The share of women in industry assets has expanded from 15% in March 2017 to nearly 21% as of December 2023.
Dhanaraj T joins in as Executive Director at Indian Overseas Bank
Prior to this role, he served as the Chief General Manager at Indian Bank and commenced his career as a Rural Development Officer in 1994
Torrent Power share price hits new record high after company receives LoA for supply of solar power
Torrent Power share price jumped over 8% in trade on Monday to hit a fresh record high of Rs 1,249.9 after the company was awarded the Letter of Award (LoA) for the supply of 306 MW solar power from Maha State Electricity Distribution Co.
Trent share price jumps 6% to hit fresh 52-week high today
Trent share price hit a fresh 52-week high of Rs 4,222 in the initial trading session. Despite over 200% returns in the last one year, the stock, this year so far too has surged over 35%.
PSU stocks rally not due to fundamentals, rallies to be used for exiting: Kotak Institutional Equities
Kotak Institutional Equities (Kotak IE) sheds light on the recent rally in Public Sector Undertaking (PSU) stocks, attributing it to top-down bullish sentiment rather than fundamental developments.
Investors should move to private banking stocks from PSU banks now: Bernstein
Over the last three years, PSBs demonstrated superior earnings growth and narrowed the growth gap with private sector banks (PVBs).
Indigo Share Price Today: Promoter to sell over 3% equity via block deal worth Rs 3,700 crore
Rakesh Gangwal, a co-founder of India's largest carrier, had previously indicated his intention to gradually reduce his holdings in the company following his departure from the board in February 2022.
OMCs to face potential under-recovery challenges: Citi
Citi analysts anticipate a potential under-recovery of approximately $100 per ton for OMCs due to the government's price adjustment.
Markets today end flat with positive bias, gain half a percent this week
In today's trading session, Indian equities witnessed a modest uptick, with both the Sensex and Nifty 50 managing to close in positive territory. However, markets this week ended with a positive note, with both Sensex and Nifty up more than 0.5%.
Mukka Proteins share price ends 50% higher on listing say
Shares of Mukka Proteins made a punching debut on the exchange at a premium of 57%, higher than the IPO’s issue price of Rs 28.
Govt to sell 7% stake in NLC India via OFS starting tomorrow
The OFS comprises an original size of 6.93 crore shares, equivalent to 5 percent of the company's equity. Additionally, an option for an additional sale, known as the Green Shoe option, has been included, offering 2.77 crore shares, or 2 percent of equity.
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