Page 85 - Deepak Korgaonkar

R K Swamy makes weak debut, lists at 13% discount to its issue price

R K Swamy's Rs 423.56-crore initial public offer (IPO) was subscribed 25.78 times

TCS rallies 3% to hit record high; outperforms with 11% jump so far in 2024

Last month, global brokerage UBS increased their FY25/26 earnings per share (EPS) estimates 3 per cent/9 per cent, upgrading TCS to 'Buy' from 'Neutral'

Rakesh Gangwal mops up Rs 6,786 crore from 6% stake sale in Indigo

At the end of December 2023 quarter, Rakesh Gangwal directly held 11.72 per cent stake in the company, the shareholding pattern data shows

Jio Financial rallies 8%, hits new high on heavy volumes in weak market

In the past two months, the stock price of JFS has appreciated by nearly 50 per cent

IndiGo soars 8% from day's low on Rakesh Gangwal's likely large block deal

As per Bloomberg, IndiGo promoter Rakesh Gangwal raised about $820 million from selling part of his holding, in the largest block equity sale in the country since 2019

Zydus Life hits new peak; m-cap hits Rs 1 trn as stock up 60% in 3 months

The stock was quoting higher for a fifth straight trading day and has rallied 10 per cent during the period

This Tata Group stock has zoomed 210% in FY24; enters top 50 mcap list

The company's market cap crossed Rs 1.5 trillion mark for the first time to hit Rs 1.51 trillion in intraday trade today

Smallcaps slide on fears of tighter Sebi norms; BCL, Sigachi sink up to 17%

The S&P BSE Smallcap index was down 1 per cent in intra-day deals on Monday as against a 0.3 per cent dip on the S&P BSE benchmark, the Sensex.

Tata Group shares rally; Tata Chem, Rallis, TTML, Tata Tech surge up to 15%

Among the Group stocks, Tata Chemicals, Tata Consumer Products, Tata Investment Corporation and Tata Steel hit their respective record highs in intra-day trade

Bajaj Auto hits new high; rallies 12% in one week after robust Feb sales

The sharp run-up in Bajaj Auto's stock has led to the company crossing Rs 2.5 trillion in market cap for the first time today

IIFL Finance jumps 10% after 2-day losses on Fairfax fund's infusion plan

IIFL Finance is among India's top two NBFCs in the gold loan business. It has a gold loan portfolio of Rs 24,692 crore, which was 32 per cent of its total loans of Rs 77,444 cr, as at Q3FY24

M&M sinks 4% on profit booking as promoter entity PMSL dilutes stake in co

M&M's promoter group entity Prudential Management and Services (PMSL) said it has proposed to sell a small number of M&M shares to meet liquidity needs

This stock zoomed 164% in 2 months on plans of stock split; up 816% in FY24

The company has fixed March 16 as the record date for its proposed 1:5 stock split.

BSE SmallCap sinks 2%, MidCaps bleed too: IIFL Finance, MGL slump up to 20%

With today's decline, the BSE Smallcap index has slipped 5 per cent from its record high level touched on February 7

SBI hits new high, up 31% in 6 weeks; market-cap hits Rs 7 trillion-mark

Brokerages remain upbeat on the stock following strong show in Q3 earnings

Select NBFCs rally up to 20% after RBI action on IIFL Finance

Capri Global Capital (CGCL), CSB Bank, Muthoot Finance and Manappuram Finance are up between 7% and 20%

Tata Motors tops Rs 1,000; surges 5% on demerger plan of CV, PV businesses

While the demerger seems to be a step in the right direction, Motilal Oswal Financial Services said they do not foresee any need to revisit its target price

BHEL surges 10% on heavy volumes; stock hits over 8-year high

The stock is trading higher for a fifth straight day, ralling 16 per cent during the period, after BHEL signed a joint venture agreement (JVA) with Coal India (CIL)

This Tata Group stock hit record high today; nearly doubles in 2 months

Shares of Tata Investment Corporation were locked in the 5-per cent upper circuit at Rs 8,417.65, also its new high, on the BSE on Monday

Stock of this Dec 2023 listed IPO has more than doubled since debut

Azad Engineering hit a new high of Rs 1,400 in an otherwise range-bound market owing to healthy outlook on Monday.