Buzzing stocks

Bombay Dyeing board approves land deal greater than m-cap, stock zooms 20%

Bombay Dyeing and Manufacturing Company’s share price rose 20% to a 52-week high of Rs 168.50 in its first trading session on September 14 after the company’s board accepted approved the sale of a 22-acre plot of land in Worli, Mumbai. The transaction’s value of Rs 5,200 crore is higher than Bombay Dyeing’s closing market …

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KEC International hits 52-week high on order wins worth Rs 1,012 crore

Shares of KEC International hit a 52-week high of Rs 739 in early trading on September 12 after the company secured new orders worth Rs 1,012 crore across its various businesses. me. The company’s residential business has received orders from new customers in the data center and FMCG segments, to build data centers in Western …

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KKR hikes stake in Reliance Retail Ventures, brokerages estimate fair value at Rs 1,200

Shares of Reliance Industries opened higher on September 12, a day after global investment firm KKR said it increased its stake in Reliance Retail Ventures. The KKR deal makes Reliance Retail Ventures one of the top four Indian companies by net equity value in the country. On September 11, the global investment firm invested Rs …

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PB Fintech jumps 3% on plans to offer insurance products

Shares of PB Fintech, the parent company of Policybazaar, were trading 3% higher on the afternoon of September 8 after reports indicated that the company is looking to enter the electronics manufacturing, insurance, Enhance the position of the general insurance value chain. PB Fintech will start in the business-to-business sector, focusing on reinsurance, CNBC-TV8 reported, …

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Bajaj Finserv up over 2% as subsidiary Bajaj Allianz reports numbers in August

Bajaj Finserv’s shares rose more than 2% in early trading on Sept. 8, a day after subsidiary Bajaj Allianz General Insurance Ltd. released strong August figures. His August gross direct premium of Bajaj Allianz General Insurance Company was his Rs 200 crore. Bajaj Allianz Life Insurance Company’s gross premium for August was Rs 926.41 crore …

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