Page 518 - Markets

Inox Group reaches settlement over division of business; stocks rise

Share prices of Inox Wind and Inox Leisure are up 130 and 56 per cent since January 1.

Paytm finds buyers, but no blow-out demand in India's largest IPO

Institutional investors bid for 2.79 times the shares reserved for them, while retail investors bid for 1.66 times

Equity MFs log Rs 5,215-crore inflow in Oct amid rally in markets

However, the quantum of net inflows dropped from September, when it attracted Rs 8,677 crore

Adani Enterprises hits 5-month high; shares surge 21% in 8 days

Shares of Adani Enterprises were trading at their highest level since June 4, 2021

KPIT Technologies rallies 32% in 6 days, hits new high on strong outlook

The company said, for FY2022, revenue growth outlook increased to 18 per cent - 20 per cent, and Ebitda margin outlook raised to 17.5+ per cent.

Bank of Baroda shares trade weak ahead of Q2 results; here's what to expect

Bank of Baroda Q2 preview: Analysts largely expect the lender's Q2 performance to be remain muted amid meagre loan book expansion and elevated slippages

Irrational exuberance and rational humility

I worry that the hard-earned savings of middle-class investors could be at risk

Indians top list of tourists to Sri Lanka in October, shows data

India, the UK, Pakistan, Russia and Germany were the top five international tourist generating markets during October

BS BFSI INSIGHT SUMMIT | Sessions on Mutual Funds and Markets

Watch Business Standard's BFSI Insight Summit as the best minds of the industry engage in a stimulating conversation on mutual funds and markets > >

Sensex, Nifty end with marginal losses; M&M rallies 5% post Q2 results

Among sectors, the BSE Auto index jumped 1.3 per cent. The Capital Goods, Energy and Oil & Gas indices were also up around a per cent each. The Metal index, however, was down 0.8 per cent

Tata Motors DVR hits over 4-year high; stock surges 53% in one month

Tata Motors DVR surged 9% to Rs 292.70, its highest level since June 2017

This Jhunjhunwala-owned stock hits over 13-year high; rises 102% in 6 mths

Aptech rallied 9% to Rs 407, its highest level since January 2008.

TVS Motor soars 11%, nears record high on fund raise buzz for EV subsidiary

TVS Motor is in talks with a clutch of global private equity investors to raise $300-500 million for its electric vehicle subsidiary, reports suggest

Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid

FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today

Sapphire Foods raises Rs 933 crore from anchor investors ahead of IPO

Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, on Monday said it has raised Rs 933 crore from anchor investors ahead of its IPO rollout on Tuesday. The company has decided to allocate a total of 79,06,473 equity shares to 53 anchor investors at Rs 1,180 apiece, aggregating the transaction size to Rs 932.96 crore, according to a circular uploaded on BSE website. Government of Singapore, Monetary Authority of Singapore, Fidelity Funds, Abu Dhabi Investment Authority, Morgan Stanley Asia (Singapore) Pte, ICICI Prudential Life Insurance Company, Bajaj Allianz Life Insurance Company and Sundaram Mutual Fund (MF) are among the anchor investors. The initial public offering (IPO) will be entirely an offer of sale (OFS) of 17,569,941 equity shares by promoters and existing shareholders. As a part of the OFS, QSR Management Trust will sell 8.50 lakh shares, Sapphire Foods Mauritius Ltd will offload 55.69 lakh shares, WWD Ruby Ltd will divest 48.46 lakh shares and Ameth

Canara Bank hits over 2-year high; stock zooms 62% from QIP price

The stock was up 6% to Rs 242.60 and has rallied 62% against qualified institutional placement (QIP) price of Rs 149.35 per share

India's furniture and home market set to reach $40 billion by 2026: Report

Driven by pent-up and deferred demand, India's online furniture and home market is geared up to reach $40 billion in the next five years, a new report showed

Divis Labs falls 9% on weak operational performance in September quarter

Ebitda margin contracted by 180 basis points year-on-year to 41.5 per cent in Q2FY22 due to higher other expenses/employee costs.

Stocks to Watch: Aurobindo, Divi's, PTC, Sun Tv, Muthoot Fin, realty shares

Realty stocks on the back of PAG taking a contra call on the sector and corporate earnings will be in focus today

Market begins Samvat 2078 on positive note, Sensex ends above 60,000

This was the fourth straight year the market has notched up gains on Muhurat day