Shares of Shriram Properties rose 1.17% to Rs 84.75 at 9:23 a.m. on August 24 after Omega TC Saber Holdings Private Limited (Omega TC) sold another Rs 12.8 lakh on the Stock Exchange. nation. Omega TC sold 12.8 lakh shares for Rs 83.58 in an accompanying deal on August 23. The buyers involved in the …
Shriram Properties gains for third consecutive day after Omega TC offloads stake Read More »
The Government Electronics Market (GeM) surpassed Rs 1 lakh crore in Gross Merchandise Value (GMV) in a remarkable 145 day period during the 23-24 fiscal year. This outstanding achievement underscores GeM’s commitment to revolutionizing public procurement and represents a significant improvement over the previous year, when the GMV milestone was reached, said the Ministry of …
Brokers say an investment of Rs 8,278 crore from the Qatar Investment Authority (QIA) for a 0.99% stake has bolstered Reliance Retail Venture Limited (RRVL)’s valuation in line with its previous estimate of 8 ,280,000 Rs crore, equivalent to Rs 100 billion. “With the listing of Jio Financial Services, we believe this investment can raise …
QIA deal reaffirms Reliance Retail Venture’s $100 billion valuation, say brokerages Read More »
BEML shares rose 4% to hit a 52-week high of Rs 2,169 in early trading on August 23 as the company cashed out orders worth Rs 101 crore. In a statement on August 22, the company said it had received an order from the Ministry of National Defense (Military) for the supply of command vehicles …
BEML rallies 4% to 52-week high on winning Rs 101-crore defence order Read More »
Lemon Tree Hotels hit a 52-week high of Rs 108.5 in early deals on August 21 after the company signed contracts for two hotels in Odisha and Himachal Pradesh. The company has signed licensing agreements under the “Lemon Tree Hotel” brand in Odisha’s Bhubaneswar and the Lemon Tree Mountain Resort in Kasauli. Bhubaneswar Lemon Tree …
Lemon Tree Hotels hits 52-week high on signing agreements for 2 properties Read More »
India attracted the highest level of foreign investment in August compared to developed and emerging markets, even after major stock indexes fell eight times in the past 14 trading sessions. Foreign investors have poured 1.11 billion USD into domestic securities since August, while withdrawing investment money from other markets. Taiwan recorded the highest capital outflow …
August inflows: India defies market volatility with strong foreign investment Read More »
Shares of SJS Enterprises fell 3.16% to Rs 619.45 in the morning after prominent investor Ashish Kacholia sold shares worth Rs 11.5 crore on the National Stock Exchange. On August 18, Kacholia sold 1.8 lakh shares of SJS at Rs 640 per share in a package deal. On the same day, 30,000 shares of SJS …
SJS Enterprises stock falls 3% after Ashish Kacholia sells stake in bulk deal Read More »
Shares of Mahindra and Mahindra Limited (M&M) fell more than 1% to Rs 1,536 in early trading on August 21 after the company announced it would test a select number of XUV cars, including more than 1.08 thousand XUV700 and 3,560 XUV. its EV XUV400 crossover. The inspected vehicles will be repaired as needed, the …
M&M falls on decision to inspect more than 1 lakh XUV units Read More »
Jio Financial Services launched on the stock market on August 21, listing at Rs 265 – close to the unexplored price of Rs 261.85. Branch Reliance Industries started trading at Rs 262 on NSE, while prices on BSE stood at Rs 265. The market capitalization of NBFC is estimated at Rs 1.66 lakh at the …
Jio Financial Services stock lists at Rs 262 on NSE and at Rs 265 on BSE Read More »
Global equity managers braced for a severe China slowdown that undermined the outlook for companies elsewhere dependent on the world’s second-largest economy. Once the most promising bet of the year, China-related investments have turned into a disaster as the property market slump threatens to turn into a systemic crisis. While the sell-off has so far …
Global stock managers on guard as China pain set to spread Read More »
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