The company intends to utilise the issue proceeds to finance the roll-out of new company-owned Burger King Restaurants and to meet the general corporate purposes
Analysts attribute the surge to a host of factors, particularly the interest shown by the retail investors in these two market segments.
Meanwhile, Dr Reddy's Laboratories, Cipla, Infosys, HCL Technologies were up between 25 per cent and 75 per cent.
The S&P BSE Sensex is just 4 per cent away from its all-time high level of 42,273.87, touched on January 20, 2020.
In recognition of the role of the real estate sector in generating employment and economic activity, the RBI has decided to rationalise the risk weights applicable to individual housing loans
At the bourses, the Nifty IT index hit a record high of 20,748 in intra-day trade on Monday, up 2.8 per cent at 20,677. In comparison, the Nifty50 index gained 1.2 per cent on the NSE
The S&P BSE Healthcare index, the top gainer among sectoral indices, rose 3.5 per cent to close at 20,405 points, as compared to 0.34 per cent decline in the Sensex
The development, analysts say, has given a fresh trigger to the mid-and small-caps that can see some uptick in the days ahead
Thus far in the calendar year 2020 (CY20), RIL's market-cap has surged 49.8 per cent, or Rs 4.77 trillion, from Rs 9.59 trillion on December 31, 2019
His stake in Tata Group-owned watch and jewellery maker - Titan Company - and tractor-maker Escorts remained unchanged.
Historically, public sector enterprises (PSEs) have been high dividend payers and helped the government bridge any tax collection shortfall.
The liquidity-driven rally also lifted shares of smallcap and midcap companies that are poised for their biggest quarterly gain in six years.
Of the total 50 companies from the Nifty index, FPIs has reduced their holdings in 45 companies during the recently concluded quarter
In past one month, the Nifty PSU Bank index underperformed the market by falling 20 per cent, as compared to 3.7 per cent decline in the Nifty 50 index.
Currently, Rakesh Jhunjhunwala and his family's net worth in listed companies stands at Rs 8,517 crore, compared to Rs 8,388 crore as on March 31, 2020.
According to the term sheet, an over 133 million shares - 5.7 per cent of the total equity shares - are being offered in the range of Rs 1,850-1,950 to investors through a special block window.
Analysts, however, do caution against the rich valuation the pharma index and the stocks are trading at
Thus far in CY20, 20 companies have announced buyback of their shares, of which, 14 firms have proposed to buyback from open market route
Among sectors, stocks of banks, cement, chemicals, engineering, agro chemicals, automobiles, fast moving consumer goods (FMCG), sugar, aviation have seen increase in delivery-based trades.
Of the 143 stocks from the F&O segment, 10 have seen their market price more than halve in the March F&O series.