Page 64 - Share Price

Paytm's 75% share slump is world's worst for large IPOs in a decade

Paytm's stock price dive is the steepest first-year slide globally among IPOs that raised at least the same amount since Spain's Bankia SA's 82% drop in 2012

Archean Chemical gains 12% on debut, shares worth Rs 1,014 cr traded

The stock hit a high of Rs 476 and a low of Rs 440.2 on NSE; firm's IPO was subscribed 32 times

NDTV promoters may not challenge Adani group's open offer in court

On Tuesday, NDTV shares closed trade on the BSE at Rs 384.10 apiece, after hitting the 5-per cent upper circuit during the day

Nestle India could sustain sales growth outperformance in coming quarters

Near-term margins, however, may remain under pressure

Asian Paints Q2 results: Net profit rises 31% to Rs 783 cr, sales up 18.8%

The initial capacity to be set up would be 265,000 tonnes per annum. In addition, clinker grinding would be set up in India as well

Suzlon rights issue subscribed 90% a day ahead of close, stock up 20%

The company is issuing 2.4 billion new shares at Rs 5 apiece; proceeds will be used pare debt, which currently stands at Rs 3,272 crore

Weak financials, shaky management: What's wrong at Credit Suisse?

Credit Suisse's share price has fallen nearly 60 per cent in 2022, more than halving its market cap in just a matter of months

Ambuja Cements, ACC receive lukewarm response from public shareholders

The response was poor as the current market price is far above the open offer price, bankers said

'Govt to acquire VIL stake after share price stabilises at Rs 10 or above'

The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source. Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per share. "There is a SEBI norm that the acquisition should take place at par value. DoT will clear the acquisition after VIL shares stabilise at Rs 10 or above," an official source told PTI. VIL shares are trading below Rs 10 since April 19. The stock declined by 1.02 per cent to trade at Rs 9.68 on BSE on Thursday. The finance ministry had cleared the proposal to acquire stake in VIL in July. Debt-ridden Vodafone Idea (VIL) has decided to opt for converting about Rs 16,000 crore of interest liability payable to the government into equity which will amount to around 33 per cent stake in the company while promoters' holding will come down from 74.99 per cent to 50 per cent. The government has given telecom operators an option of

Dreamfolks Services' shares jump nearly 42% in stock market debut

The successful listing follows a strong response to the company's maiden share sale, which had garnered nearly 57 times subscription last month

Dish TV stock jumps 20% as chairman Jawahar Goel announces exit

The stock touched an intra-day high of Rs 14.46 apiece on the BSE, closing trade at Rs 14.24 a share, up 19 per cent over the previous day's close

Demand growth stays buoyant for Cummins India; profitability under pressure

Cummins India's stock has gained 27 per cent since its lows in June, helped by a strong first quarter, expectation of improved demand and margin recovery.

Tata Group's Trent Ltd enters list of 100 most valued companies in India

In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday

GIC, Capital Group buy KKR's entire stake in Max Health; stock surges 10%

KKR sold the entire 26.8% stake worth Rs 9,400 cr as part of its exit strategy

UTI AMC's shares soar 15% on reports of Tata AMC eyeing 45% stake

According to reports, Tata AMC plans to acquire the shares held by four public sector undertakings (PSUs) in the fund house that manages assets worth Rs 2.24 trillion

Despite headwinds, Jefferies recommends buying Zomato stock. Here's why

With the sharp fall in its share price since listing, analysts at Jefferies suggest long-term investors 'buy' the stock

ITC hits highest level since May 2019; stock soars 10% in 6 days

ITC has been gaining market share in cigarettes over the last one year through new premium products & aggrieve trade promotions

LIC, 7 other firms in focus as anchor investors' lock-in period ends

Share price comes under pressure around the time when such a deadline is over, trend shows

Aether Industries makes exchange debut with premium of 10% over issue price

Shares of Aether Industries made a relatively firm debut on the exchanges against recent listings on the exchanges.

IndiGo Q4 numbers modest, but stock rises on hope of profit, traffic

Sustained growth in air travel and pricing discipline are key parameters for India's largest airline.