Page 62 - Share Price

Snap to focus on growing ad biz, augmented reality amid poor stock show

At the start of August, Snap projected a weak forecast for the current quarter, citing a decrease in advertising spend and is now expected to report fiscal 2024 revenue of $5.34 billion

PB Fintech shares gain 3% after 9.7 mn shares change hands via block deals

As per reports, Tencent Cloud Europe was looking to sell a 2.1 per cent of its stake, which translates to 9.7 million shares of the company, via block deals on Thursday

Sebi cautions investors against SME companies doing price manipulation

Amid certain SME companies resorting to share price manipulation by projecting an unrealistic picture of their operations, Sebi on Wednesday cautioned investors against putting their money in scrips of such firms. Sebi, in a statement, said it has come to its notice that post-listing, some of the SME companies or their promoters have been making public announcements that create a positive picture of their operations. Such announcements are followed by various corporate actions like bonus issues, stock splits and preferential allotments. The actions create a positive sentiment amongst investors, which induces them to purchase such securities. Simultaneously, this also presents an easy opportunity to the promoters to offload their holdings in such companies at elevated prices. "Sebi urges investors to be careful and watchful of the aforesaid patterns and exercise caution while investing in such securities. Further, investors are advised to not rely on unverified social media posts and

Dividend, Right Issue: Hindustan Zinc, 12 other stocks turn ex-date today

Dividend, often considered an additional source of income for shareholders, refers to a portion of a company's profit that the company distributes among its shareholders

Stove Kraft at all-time high after announcing dividend record date

Shares of Stove Kraft was trading at Rs 806.85, up 3.33 per cent around 2:40 PM. In comparison, the BSE Sensex was trading at 81,758.99, up 0.83 per cent.

Bajaj Auto m-cap nears Rs 3 trn; what drove the stock to record high today?

Thus far in the calendar year 2024, Bajaj Auto has outperformed the market by surging 50 per cent, as against 12 per cent rise in the BSE Sensex.

Nifty Outlook: Index may retest 25,000 levels as bulls eye further upside

The bulls are back, as recent sessions have established a base around the key support of the 50-Day EMA, and last Friday's strong momentum suggests that prices are forming a structural bottom

Maersk expects container demand growth to slow, raises investment chances

The company's fleet, which includes a significant number of chartered vessels, consists of more than 700 container ships, Maersk has said

Jindal Saw to consider stock split on Aug 14; share price jumps over 8%

At around 02:40 PM, the company's shares were trading at Rs 636.65, up nearly 6 per cent from the previous close of Rs 601.05 on the BSE

Slump in tech stocks knock Asia shares, yen towers at over 2-month high

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.7%, while Japan's Nikkei tumbled 2.9% and South Korea's KOSPI dropped 2%. Taiwan's markets were closed for a second day

Mcap of 7 of top-10 most valued firms jump Rs 1.72 trn; TCS steals show

The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,72,225.62 crore last week, with IT bellwether Tata Consultancy Services (TCS) stealing the show, amid a rally in equities. Last week, the BSE benchmark jumped 522.74 points, or 0.65 per cent. The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of 80,519.34 on Friday. During the day, it zoomed 996.17 points, or 1.24 per cent, to hit an all-time high of 80,893.51. The market capitalisation (mcap) of TCS surged Rs 62,393.92 crore to Rs 15,14,133.45 crore. Shares of TCS on Friday surged nearly 7 per cent after the country's largest IT services player reported an 8.7 per cent growth in the June quarter net profit at Rs 12,040 crore. ITC added Rs 31,858.83 crore taking its valuation to Rs 5,73,258.78 crore. The mcap of Infosys zoomed Rs 26,905.14 crore to Rs 7,10,827.27 crore and that of Life Insurance Corporation of India (LIC) jumped Rs 22,422.12 crore to Rs

Datamatics share price surges 9% on patent win for developing new software

Shares of Datamatics soared 8.6 per cent at Rs 626 per share on the NSE in Wednesday's intraday trade

Shein hikes prices ahead of IPO; avg price of dress jumps by 28% in US

The company operates an online marketplace selling an array of merchandise, though its main business is making and selling Shein's own brands, primarily women's clothing

Heritage Foods shares soar; Naidu's family wealth rises by Rs 1,200 cr

Heritage Foods Ltd's shares: TDP leader Chandrababu Naidu's wife, Bhuvaneswari Nara, and son, Nara Lokesh, hold 24.37% and 10.82% stakes in the company

Neuland Labs plunges over 14% on weak Q4 performance; Profit, margins drop

Neuland Labs total income fell by 6 per cent year on year (YoY) to Rs 390 crore in Q4FY24 as against Rs 415 crore in Q4FY23

Orders for ABB globally fall, drag share price for India-listed entity

ABB India closed at Rs 6,367.20 per share on Thursday, down 4.21%

IndiGo world's third largest airline by mcap as shares hit record high

In December 2023, IndiGo airline surpassed United to become the sixth largest airline in the world

Kolte Patil zooms 10% as Motilal Oswal gives 'Buy' rating, 34% upside eyed

Shares of the company soared as much as 10.05 per cent to hit an intraday high of Rs 569.05 per share after Motilal Oswal initiated coverage on the real estate developer

Aster DM to pay up to Rs 120 a share dividend on Gulf business sale

In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for $1 billion

Inox India shares end debut day with 42% premium at Rs 940 on bourses

Inox India is a supplier of cryogenic equipment