Page 582 - Si Reporter

Sensex falls 305 pts, Nifty gives up 17,250; Paytm slides 4%, HDFC 2%

CLOSING BELL: HDFC, Bharti Airtel, Cipla, Britannia, Sun Pharma, Maruti, and Bajaj Auto were the major drags today

Indian Hotels gains 3% as board approves Rs 2,000-crore QIP

A board meeting is scheduled to be held on March 25, 2022 to consider and approve the issue price, including a discount, for the equity shares to be allotted to QIB

Sensex rebounds 1,059 pts from day's low, ends 697 pts up; RIL leaps 2.5%

CLOSING BELL: Tech M, Tata Motors, BPCL, ITC, JSW Steel, PowerGrid, Bajaj Auto, Infosys, TCS, Bajaj Finserv, Bharti Airtel, Wipro and IndusInd Bank were the other gainers

Equitas Holdings, Equitas SFB gain on board approval for merger plan

As per the scheme of amalgamation, each equity shareholder of Equitas Holdings will be allotted 231 equity shares for every 100 shares of Equitas SFB.

FMCG shares under pressure; HUL, Godrej Consumer, Nestle slide up to 4%

Despite the correction, analysts at HDFC Securities expects more valuation risks in the next few years

NDTV zooms 47% in 5 days; stock hits highest level since October 2008

Since February 8, 2022, the market price of NDTV has more-than-doubled after the company reported a consolidated net profit of Rs 27.6 crore in December quarter

Ratnamani Metals surges 7% on winning Rs 591 crore-line pipe order

The company has received a new domestic line pipe order for Rs 591 crore from the oil & gas sector, to be executed between August 2022 and March 2023.

Paytm slips 32% in one month, hits new low; tanks 74% from issue price

Off late, the stock has been under pressure following RBI's ban on Paytm Payments Bank (PPBL) from onboarding new customers.

Sensex falls 571 pts, Nifty ends below 17,150; metals shine, FMCG bleed

About 26 counters ended in the red on the Sensex led by PowerGrid, Ultratech Cement, Asian Paints, HUL, HCL Tech, SBI, IndusInd Bank, Nestle, Bharti Airtel, and Axis Bank

Antelopus Energy to buy controlling stake in Selan Exploration; stk up 20%

Blackbuck Energy Investments, a holding entity of Antelopus, has also launched an open offer to buy as much as 26 per cent stake from public shareholders of the company

Select pharma shares gain on tie-up for Pfizer Covid-19 oral treatment drug

Among individual stocks, Aurobindo Pharma was the top gainer, which rallied 8 per cent to Rs 688.90 on the BSE in intra-day trade.

Future Group shares hit record lows; Future Retail tanks 16% in two days

Future Group companies will convene meeting with their respective shareholders and creditors on April 20 and 21 to get their approval for the Rs 24,713-crore deal with Reliance Retail

Greaves Cotton rises 6%; rallies 15% in two days on heavy volumes

The company and Bounce Infinity have entered into an arrangement to provide battery swapping stations for Greaves Electric Vehicles.

IT shares gain on Accenture's strong Q2 show, higher revenue guidance

The strong guidance indicates that spending on change programs continues to be robust, a positive for Indian IT.

Dodla Dairy to acquire Sri Krishna Milks for Rs 50 crore; stock surges 19%

he acquisition will be completed around two months from the date of agreement

Future Group stocks hit 52-week lows as FRL clarifies on RIL takeover

Future Retail on Wednesday said that it was committed to taking all actions necessary to seek value adjustments and reversal of takeover of stores by the Reliance group.

Bharat Dynamics hits new high; stock surges 34% in 8 straight sessions

The counter witnessed three-fold jump in volume with a combined 2.3 million equity shares changing hands on the NSE and BSE.

Trent surges 8%, hits record high on hopes of strong earnings

The stock has gained 19 per cent in the last one month after the company reported a strong set of numbers for the December quarter and the management showed optimism over the future growth.

Rakesh Jhunjhunwala-owned Titan hits record high; zooms 30% in six months

Titan hit a record high of Rs 2,718.65, rallied 5 per cent on the BSE in Thursday's intra-day trade, surpassing its previous high of Rs 2,687.30 touched on January 7, 2022.

Voltas gains 4%; nears record high on JV with Hong Kong firm

Highly International and Voltas will hold 60% and 40% stake in the joint venture company, respectively, and the JVC would have equity capital of Rs 250 crore to be contributed in tranches.