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A substantial investment in the firm has been made by Rakesh Gangwal, a director of Southwest Airlines Co LUV, who has purchased 3.6 million shares, valued at more than $100 million. Elliott Investment Management, an activist investor, is putting inc
Marico, a player in consumer staples, anticipates double-digit revenue growth this year because to improved pricing and rural demand. Brokers maintained their positive outlook on Parachute Hair Oil, stating that the company's recently released Septem
Following SEBI's announcement of new measures to tighten index derivatives, which are projected to affect about 35 % of premiums and move the focus to participant conduct following implementation, shares of brokerage businesses experienced a decline
Early trading on October 3 saw a 1-3 % increase in the shares of steelmakers JSW Steel, Tata Steel, and Jindal Steel and Power due to positive outlooks for the industry provided by a few international brokerages. Nifty Metal, which gained 0.6 %, was
Vodafone Idea Ltd stock fell by more than 33% in September, the steepest fall in a period since October 2019. The market capitalisation of the company dropped over ₹34,000 crore during the month. The stock had slipped to ₹10.36 per share by 30 Se
Shares in Zen Technologies Ltd surged on October 1 after the company said it received an Annual Maintenance Contract (AMC) of ₹46 crore, including 18% GST, from the Ministry of Defence for its simulators. Zen Tech stock was trading 0.5% higher a
Shares of PB Fintech were down by more than 3%, September 26, after a report that the parent company of the firm, Policybazaar, is looking at an entry in the healthcare domain. The company is reportedly at an advanced stage planning its new business
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, announced on Thursday the early closure of its ₹800 crore secured non-convertible debenture (NCD) issue. Details Key Information Issue Si
The RailTel Corporation of India share price saw an increase in early trading on September 5, following the news of a new contract valued at ₹10.92 crore. As of 09:56 am IST, RailTel's stock was trading at ₹497.00 on the BSE, a rise of
On August 14, Hindustan Aeronautics Ltd (HAL) reported a 77% year-on-year increase in net profit for the first quarter of FY25, reaching ₹1,437 crore, up from ₹814 crore during the same period last year. The company's revenue from operations for
On Thursday, the state-owned Punjab National Bank (PNB) announced a marginal increase in its Marginal Cost of funds-based Lending Rate (MCLR) by 0.05% or 5 basis points across all tenors, leading to higher costs for most consumer loans. According
The Indian division of South Korean automotive giant Hyundai Motor Co, known as Hyundai Motor India Limited, is preparing to submit draft documents to the market regulator Sebi. The aim is to raise approximately $3 billion through an initial public o
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