Shares of NDTV were locked at the 5 per cent upper circuit for the second straight day, hitting a 14-year high at Rs 403.70 on the BSE on Thursday and rallied 156 per cent in past three months.
With the focus of both the Central as well as State Governments on water connectivity and distribution, the company expects demand for the PVCO pipes to be robust.
The price band has been set in the range of Rs 308 to 326 per share and will close on Friday, August 26. The public issue is entirely an offer for sale (OFS) of up to 17.24 million equity shares.
With receipt of the current order, the total order inflow for the financial year 2022-23 till date amounts to Rs 1,344.24 crore, the civil construction company said in an exchange filing.
Stocks to watch today: Canara Bank plans to raise up to Rs 3,500 crore through tier II bonds; TCS clarified that it would pay 100 per cent of variable payout in the June quarter of FY23.
The transactions were carried out by the designated persons/employees of Titan between April 2018 and March 2019
The overtaking happened in the first half of FY21 and the group stocks continued to become expensive compared to the broader market
The proposed NDTV's takeover by Adani Group marks Gautam Adani's second media bet in 2022. While the acquisition seems to be 'hostile', it is the retail investors that stand to win. Here is a report
Rupee performs better than 11 emerging market currencies amid jump in US dollar index
The 30-share BSE Sensex climbed 54.13 points or 0.09 per cent to settle at 59,085.43. During the day, it hit a high of 59,170.87 and a low of 58,760.09
Signs of renewed capex and improving margins; high inflation, supply-chain disruptions and black-swan events among risks
The rebound coincided with optimism that the US Federal Reserve may ease up on its pace of monetary tightening, prompting a recovery in stocks the world over
At the bourses, NDTV has been one of the best performing stocks. In the past three months, the counter has gained nearly 140 per cent, as compared to 8 per cent rise in the S&P BSE Sensex
According to the data compiled by Prabhudas Lilladher showed, foreign investors increased their holding in RHI Magnesita India Ltd to 2.2 per cent, as compared to 0.64 per cent as on March 31.
CLOSING BELL: Technically, shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08
Shares of Safari Industries moved higher by 9 per cent to its record high level of Rs 1,545.55 on the BSE in Wednesday's intra-day trade
Shares of NDTV have rallied four-fold since December 2021, staging one of its biggest rally since 2007-08. On the upside, the stock can surge to Rs 450.
The existing promoter group (Roy family) of NDTV has claimed Adani group firms had acquired the stake without consulting its promoters, thus, there may be some legal repercussion ahead.
The management of Ujjivan SFB is confident that the momentum built in the last six months would continue in the current fiscal and in the years to come
Post 5G spectrum auctions, we expect to see a multi-year capex spend cycle for building both wireline and wireless infrastructure