Stock Market

Adani stocks fall after report alleges family-controlled entities bought own shares

Shares of Adani Group’s listed companies fell as much as 2% on the morning of August 31, a day after the Non-profit Organized Crime and Corruption Reporting Project (OCCRP) released details. new on allegations that the partners of the Adani family invested. million people to buy their own shares in the corporation. through shady investment …

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Inox India files draft IPO papers with Sebi to raise funds

Stock Market

Frozen tank manufacturer Inox India Ltd has submitted a draft document with the Securities Exchange Commission of India to raise capital through a public offering. The IPO will be a pure offering of up to 22.11 million shares by existing shareholders and promoters. SFO will hold up to 10.44 million shares of Siddharth Jain, up …

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Central Bank of India shares gain on strategic tie-ups to widen portfolio

Stock Market

Central Bank of India’s share price jumped 1.5% in early trading on August 30 after the company signed a co-lending partnership with IKF Finance, IKF Home Finance and Samunnati Financial Intermediation & Services. . As of 9:19 a.m., Central Bank of India shares were trading at Rs 35.65, up Rs 0.54 or 1.54%, on BSE. …

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HFCL launches QIP at a floor price of Rs 68.61 per share, stock jumps 2%

Stock Market

HFCL shares rose nearly 2% in early trading on Aug. 29 after the company launched a Qualified Institutional Investor Offering (QIP) to raise capital. At 10:15 am, HFCL shares were trading 1.82% higher at Rs 72.75 on the NSE. Eligible Institutional Internship Details As a strategic step to strengthen its financial strength, HFCL announced the …

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Brokerages maintain RIL stock rating and target price, turn attention to earnings after AGM

Stock Market

Several brokerages have maintained their ratings and price targets for Reliance Industries, India’s most valuable company, after the Annual General Meeting (AGM). Analysts are somewhat concerned about market disappointment due to the lack of timelines for Jio and Retail spinoffs. Earnings are expected to be the focus of attention after the shareholders’ meeting, and analysts …

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Amber Enterprises jumps 3% after Singapore picks up 11 lakh shares

Stock Market

Shares of Amber Enterprises India Limited rose 3% to Rs 2,870 on the morning of August 28 after the Singapore government revoked more than 110,000 shares of the company. These shares were purchased on Friday at an average price of Rs 2,800 per share, bringing the total transaction value to Rs 316 crore. According to …

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Sunil Mittal bullish on India, says country on China-like growth path

Stock Market

Sunil Bharti Mittal, Chairman of Bharti Enterprises, said in an exclusive interview with Moneycontrol on the sidelines of the 2023 B20 India Summit in New Delhi on August 25, India is on a growth path similar to China 25 years ago. “India is on the upswing, as we saw in China 25 years ago,” Mittal …

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Vedanta stock falls 0.65% in weak market; Anil Agarwal-firm gets favourable ruling in oil block arbitration

Stock Market

Vedanta initiated the arbitration after the government requested a further share of the company’s profits and extended the license for the Barmer oil block in Rajasthan. Vedanta shares fell 0.65% on the NSE on August 25 amid falling benchmark prices, a day after the arbitrator upheld the miner’s position on an oil block in Rajasthan. …

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Coforge gains after 26% equity changes hands; Hulst BV likely seller

Stock Market

Coforge’s share price jumped more than 2% on August 24 after 1.54 crore shares worth Rs 7,329.3 crore changed hands in a block deal. As of 9:50 am, the stock is listed at Rs 5,027 on the NSE, up 2.32% from the previous close. Although the buyer and seller were not immediately known, CNBC-Awaaz previously …

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Adani stocks fall after report alleges family-controlled entities bought own shares

Inox India files draft IPO papers with Sebi to raise funds

Central Bank of India shares gain on strategic tie-ups to widen portfolio

HFCL launches QIP at a floor price of Rs 68.61 per share, stock jumps 2%

Brokerages maintain RIL stock rating and target price, turn attention to earnings after AGM

Amber Enterprises jumps 3% after Singapore picks up 11 lakh shares

Sunil Mittal bullish on India, says country on China-like growth path

Vedanta stock falls 0.65% in weak market; Anil Agarwal-firm gets favourable ruling in oil block arbitration

Coforge gains after 26% equity changes hands; Hulst BV likely seller

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