Shares of Metro Brands that boasts of Metro, Mochi, Walkaway, Crocs and Fitflop brands, hit a record high of Rs 1,292, rallied 15% in intra-day trade on the BSE.
Promoted by family of the late investor Rakesh Jhunjhunwala, Akasa is planning to add more aircraft to its fleet and take it to 28 by March 2024 and add 10-12 planes every year for the next few years
The strong listing follows healthy demand for the shares of Gujarat-based bulk drug maker in its Rs 1,551-crore initial public offering (IPO)
The shares of the biopharma company listed at Rs 900, a 21 per cent higher against its issue price of Rs 741 per share on the National Stock Exchange and BSE on Friday.
Concord Biotech IPO: The stock is commanding a 20 per cent premium in the grey market, as per ipowatch.com
The late Rakesh Jhunjhunwala-backed firm sets price band of Rs 705-Rs 741 a share
Rekha Jhunjhunwala, wife of late investor Rakesh Jhunjunwala, has sold an additional 6.2586 per cent holding in Tata Chemicals subsidiary Rallis India this week, as per a disclosure published by exchanges on Friday. Jhunjhunwala, who is the nominee and executor to the Estate of Late Rakesh Jhunjhunwala, said she now holds 44.30 lakh shares in the company, which is 2.278 per cent of all outstanding shares. In the communication to exchanges on Thursday, Jhunjhunwala disclosed that as of March 11, 2013, she had a holding of 2.03 crore shares, representing 10.4581 per cent of the then total issued and paid-up capital in the company. From that date to July 17 this year, Jhunjunwala said she and persons acting in her concert have sold over 37 lakh shares in the company, which is 1.9446 per cent of the total shareholding. Between July 18 (Tuesday) and July 20 (Thursday), she sold 1.21 crore shares more, which is 6.2586 per cent of the overall shareholding, as per the disclosure. The shar
To raise the money, Akasa Air has approached potential investors which include PE firms and high-net-worth individuals
At an aggregate level, Jhunjhunwala's portfolio that was valued at Rs 32,445 crore as on March 31, 2023 is now worth Rs 35,979 crore
Take a look at some famous faces that will no longer be with us at the end of 2022
The loan was used to fund the acquisition of Zydus Cadila's animal healthcare business in 2021
In fact, Rakesh's achievement was greater than that of Mr Simons, a mathematical genius who has a team of super-bright mathematicians and physicists to develop quantitative techniques
The ace investor's long time legal associate Berjis Desai is reportedly the main executor of the will
Trust in guru's name: Damani could manage Big Bull's estate
Everything Rakesh foresaw for India will happen in the coming years
Three trusts named after his twin sons and daughter now hold 27% stake in firm; combined family holding at 46%
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Rakesh Jhunjhunwala, who passed away on August 14, is said to have 'meticulously' planned everything about his wealth as he had been sick for over 8 months
Billionaire businessman Anand Mahindra on Sunday shared a motivational post remembering "advice" from the late Rakesh Jhunjhunwala
A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala