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In a positive development for Power Finance Corporation (PFC), its shares climbed nearly a percent during early trade on 10 January later gave up the gain at the time of writing PFC share is down 2.09%. Reserve Bank of India granted a no objection le
About the Jyoti CNC Automation IPO Jyoti CNC Automation IPO has a face value of ₹2 per share and the price band has been set in the range of ₹315 to ₹331 per share. The final price will be discovered within this band. The IPO of Jyoti CNC Au
In a recent turn of events, Zee Entertainment's stock faced a downturn, dropping by 13% to ₹246 per share on 9-Jan-24, following reports suggesting Sony's potential cancellation of the merger deal. Zee Entertainment issued a clarification, calling
SG Mart share price shot up to a high of ₹10,715.20 on 9 January 2024. On 8 January 2024, SG Mart's board approved a 1:1 bonus share issuance, eligible shareholders will receive one bonus equity share for every existing equity share they hold. Reco
Dhampur Sugar Mills' shares saw a small increase after the company's board gave the green light to a buyback plan for 10 lakh shares at ₹300 each. This decision caused the stock to go up by one percent, reaching ₹271.9 per share on Bombay Stock E
Grasim Industries Ltd has announced a rights issue at ₹1,812 per share record date is scheduled for 10 January. Approved by the board on 16 October 2023, the rights issue aims to raise ₹4,000 crore by issuing 2,20,73,935 equity shares. Unitholder
REC Sign MOU with Gujarat Government In a move towards modernizing the power distribution sector REC Power Development and Consultancy, a subsidiary of REC has signed a MoU (Memorandum of Understanding) with the Gujarat government. The ₹2,094 cr
India's mutual funds industry is on a record-breaking surge in assets under management, fueled by the addition of over 20 million new investment accounts. This extraordinary growth, marked by an 19% increase in fund assets during the first 11 months
Jio Financial Services (JFS) shares rose 1.7% on 4-Jan-2024 as Reliance Industries' arm partnered with global giant BlackRock Financial Management to launch a joint mutual fund company. Securities and Exchange Board of India (SEBI) is currently consi
On 3-Jan-2024, Bajaj Auto's stock made a jump of over 5%, reaching a milestone by crossing the ₹7,000 mark for the first time. This surge was fueled by the news that the company's board is going to discuss a proposal for buying back shares on 8-Jan
In early trade on 3-Jan-2024, Rail Vikas Nigam (RVNL) share price surged nearly 3% following the company's acquisition of a 49% stake in the ₹123.36-crore Varkala Sivagiri project. At 2.52 pm, the RVNL stock was trading at ₹185.24 on the NSE.
Supreme Court on 3-Jan-24 rejected calls to transfer the investigation into alleged securities law violations by Adani group companies to a Special Investigation Team (SIT). This decision provides relief to the conglomerate nearly a year after Hinden
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