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23rd May 2024
A substantial 4.1 crore shares, representing 7.05% of Star Health Insurance's equity, were traded at ₹535 per share in a pre-market block deal on Thursday, May 23, amounting to ₹2,210.5 crore. The identities of the buyer and seller involved in th
On Thursday, Godrej Properties Limited revealed the sale of around 650 residential units at its Godrej Jardinia project in Sector 146, Noida, generating revenue exceeding ₹2,000 crore. Launched in May 2024, this project has emerged as Godrej Proper
Despite a flat start, the Sensex and Nifty 50 climbed higher. This bullish sentiment remained unaffected by the US FOMC minutes, which indicated a continued hawkish stance on interest rates. Indian equities are now focused on Q4 earnings and election
22nd May 2024
Synopsis FSN E-Commerce Ventures reported a consolidated net profit of ₹6.93 crore for the quarter ending on March 31 (Q4) in the financial year 2023-24 (FY24). Quarter Result Performance In the fourth quarter (Q4) of the 2023-24 fiscal ye
The Securities and Exchange Board of India (SEBI), the country's capital markets regulator, has announced a revised methodology for calculating the market capitalization of publicly listed companies. The new amendment, effective December 31, 2024,
State-run Indian Renewable Energy Development Agency (IREDA) is contemplating the issuance of a follow-on public offering (FPO) during the current financial year, according to Chairman and Managing Director Pradip Kumar Das' statement on May 21. T
Apollo Tyres Ltd. shares will be the center of attention following significant trading activity on Wednesday. Approximately 2.25 crore shares, equivalent to 3.5% of Apollo Tyres' total equity, were traded in a pre-market block window. Apollo Tyres sh
Alphabet Inc., parent company of Google, has chosen Dixon Technologies, a local contract manufacturer, to produce its high-end Pixel 8 smartphones in India. The Economic Times reports that trial production is already underway, with the first batch of
Coforge Ltd. announced a Qualified Institutional Placement (QIP) on Tuesday evening, aiming to raise up to ₹2,240 crore. Sources reported to CNBC-TV18 that the company intends to raise this amount through the QIP. Earlier this year, in March, the c
21st May 2024
Amidst a sea of red, Hindustan Aeronautics shares soar as brokerages flock to upgrade its status post its remarkable Q4 results. This resilience persists despite the stock's substantial gains of over 22% in the past week and an impressive surge of ov
Despite JSW Steel reporting a significant 64.5% decline in net profit for the quarter ending March, brokerages maintained their negative outlook on the company's stock. As of 9:20 am IST, JSW Steel shares were trading at ₹891.8 on the NSE, showing
Indian Railway Finance Corporation Ltd (IRFC) shares, which had been under scrutiny after their Q4 results, surged 3.5% during Tuesday's morning trading session. The company released its financial performance for the fiscal year 2024 and Q4 2024 on M
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