Page 10 - Shares

Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming

DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr

Burmans to pay out shareholders, induct directors on Eveready board by July

On Thursday, the open offer in Eveready by Burman entities closed with the Burmans acquiring 14.3% shares. The total holding of the in the company now stands at 38.3%

IIFL Finance up 8% after ADIA picks 20% in housing fin arm for Rs 2,200 cr

This is the second investment by ADIA in entities working in housing finance space in FY23. Last month, it concluded a deal to pick up 10% in HDFC Capital Advisors for Rs 184 cr

Spotify expects to reach $100 bn in revenue in 10 years; shares rise 5%

The company said it has committed more than $1 billion on podcasting and expects podcast revenue to increase materially this year from the $215 million it made last year

Credit Suisse stock falls 7.6% after warning of third straight loss

Shares of the troubled Swiss lender fell as much as 7.6% in Zurich trading after warning that results in the second quarter were impacted by clients pulling back, particularly in Asia

LIC shares drop 8% below issue price on debut, end at Rs 873 apiece

The insurance behemoth's shares hit an intra-day low of Rs 860 and a high of Rs 920, not coming closer to the issue price but providing small investors an opportunity to exit with nominal gains.

Walmart cuts full-year profit forecast as fuel, labour costs spike

Shares tumbled 6.5% to $138.51 in premarket trading, dragging down those of rival retailers including Target Corp

Motilal Oswal Financial Services announces buyback of shares for Rs 160 cr

Motilal Oswal Financial Services on Tuesday announced buyback of its 14.55 lakh equity shares at a price of Rs 1,100 per unit for an aggregate amount not exceeding Rs 160 crore.

'Accumulate LIC stock for long term': Analysts on firm's lacklustre debut

Shares of much-anticipated Life Insurance Corporation of India (LIC) made a weak listing on the stock exchanges on Tuesday.

Avenue Supermarts shares rally over 10% after net profit rises in Q4

Shares of Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Monday rallied over 10 per cent after the company reported a 3.11 per cent increase in consolidated net profit in Q4

PNB shares tumble nearly 14% after net profit declines in March quarter

Shares of Punjab National Bank (PNB) on Thursday tumbled nearly 14 per cent after the company reported over 60 per cent decline in standalone net profit for the quarter ended March 2022

BharatPe to 'claw back' Ashneer's restricted shares, blocks vendors

BharatPe on Tuesday said it has initiated necessary action against a former founder to claw back his restricted shares following a governance review. In a statement, the firm said it will take all steps to enforce its right under the law. In January 2022, the board of BharatPe initiated the corporate governance review of the company. The company had appointed Alvarez & Marsal (A&M), a global professional services firm notable for its work in turnaround management and performance improvement, Shardul Amarchand Mangaldas & Co (SAM), India's leading law firm, to help the board and management with its governance review and PwC, a leading consulting entity, to determine wilful misconduct and gross negligence by a former founder. "After a detailed review of the above report over the last two months, the board of BharatPe has recommended several decisive measures that are being implemented," the statement said. These include a new code of conduct for senior management and ...

Campus Activewear stock soars 29% on debut, ends the day with 27% gains

The stock ended at Rs 371.7, with a gain of Rs 79.7 over the issue price of Rs 292 per share

Prudent Corporate Advisory Services fixes IPO price at Rs 595-630 per share

The three-day initial share-sale will open for public subscription on May 10 and the bidding for anchor investors will open on May 9, according to the company

Wipro shares decline nearly 3% after Q4 earnings announcement

IT company Wipro on Friday posted a 4 per cent increase in its consolidated profit to Rs 3,092.5 crore in the fourth quarter ended March 31, 2022, on account of continued demand for IT services

Mahindra Lifespace shares rally nearly 8% after earnings announcement

Its consolidated total income stood at Rs 408.2 crore in the last fiscal, against Rs 187.8 crore FY21, according to a regulatory filing

Couldn't articulate benefits of HDFC-HDFC Bank merger clearly: Keki Mistry

Says HDFC will have the benefit of distribution at all 6,500 branches of the bank. Today not all the branches of HDFC Bank source housing loans from HDFC

Patanjali-promoted Ruchi Soya crashes 14% ahead of listing of new shares

Market players said several HNIs who applied for the FPO dumped the shares taking advantage of the attractive spread

Tamara, Pace sell Barbeque Nation shares worth Rs 669 cr

Two entities -- Tamara and Pace -- on Wednesday offloaded shares of casual dining chain Barbeque Nation Hospitality for an estimated Rs 669 crore through open market transactions.

Power companies' shares attract investors on firm demand outlook

Shares of power distribution companies are in demand amid reports of rising electricity consumption in the country