Page 11 - Shares

Promoter pledging increases in Dec quarter amid a spike in volatility

The value of promoter pledged holdings stood at Rs 1.97 trillion, 0.81 per cent of the total market capitalisation of the BSE 500 index

Bank of Baroda subscribes to 99,000 shares of IDRCL

Public sector Bank of Baroda on Friday said it has subscribed to 99,000 shares of asset reconstruction company India Debt Resolution Company Ltd (IDRCL).

Mahindra Holidays to sell entire 10.76% stake in Nreach Online Services

Mahindra Holidays & Resorts India Ltd on Friday said it will sell its entire 10.76 per cent stake in Nreach Online Services Pvt Ltd for a consideration of Rs 29.31 crore to Gift Management Asia Pte Ltd. The company has entered into an agreement with Gift Management Asia for the sale of its entire investment consisting of 5,738 equity shares in Nreach Online Services, Mahindra Holidays & Resorts India said in a regulatory filing. The transaction is expected to be completed on or before July 31, 2022, it added. Nreach Online Services offers business software products to solve problems around employee rewards and recognition, channel sales incentives. Gift Management Asia Pte Ltd (Gift) is engaged in the business of loyalty programme management and development across the globe and serves the multi-faceted loyalty industry across three main functions, including loyalty issuance, exchange and payment, the filing said. "Gift to whom shares are agreed to be sold, does not belong to ..

Share futures jump, gold falls on hopes for diplomacy in Ukraine

US and European stock futures bounced back on Friday and selling pressure on Asian shares eased after the US Secretary of State agreed to a meeting with Russia's foreign minister, over Ukraine crisis.

Vedant Fashions IPO subscribed 21% on Day 2 of the offer

The retail portion of the issue was subscribed 31 per cent, while institutional and wealthy investor portions were subscribed 11 per cent and 9 per cent, respectively

Tata Power shares up 180% in one year; PLIs likely to sustain momentum

Shares of Tata Power have risen around 180 per cent in the past one-year period evidently due to its strong investment in EV charging stations, solar infrastructure and other expansions.

AGS Transact Technologies, the first IPO of 2022, slumps on debut

Shares of the payment solutions provider drop more than 8% over issue price; IPO had garnered 8x subscription

First listing of 2022: AGS Transact lists steady, falls 5% later

Shares of AGS Transact Technologies witnessed a muted debut on the exchanges as it listed almost flat at its issue price.

Tesla's drop wipes out $100 billion of market capitalisation in a day

Shares of the Austin, Texas-based electric vehicle maker plunged nearly 12% on Thursday

Robinhood shares slump to lowest level since IPO after $423-mn Q4 loss

Its monthly active users declined 8% from the sequentially previous quarter as retail investors pulled back from the market

Zomato shares down further, down 18% in early trade due to low valuations

Shares of online food aggregator Zomato extended its losses from last week and declined 18 per cent in early trade on Monday apparently due to low valuations.

Pandemic darlings face the boot as investors eye return to normal life

The selloff which began after Netflix and Peloton posted disappointing quarterly earnings spread to the wider stay-at-home sector

Zomato hits record low, market capitalisation falls below Rs 1 trillion

With the last four day's decline, the stock price of Zomato has tanked 33 per cent from its 52-week high of Rs 169.10 hit on November 16, 2021

Netflix, Peloton bring pandemic-stock era to a shuddering halt

Netflix shares were down 21% in premarket on Friday, following a similar drop in late trade on Thursday.

HDFC Bank disappoints on margins, fee income growth, say analysts

A decline in payment and credit card-related fees from a year ago - as the bank gave fee waivers as an incentive - was a new niggle for the lender to contend with

AGS Transact Technologies prices IPO at Rs 166-175 per share

The IPO will open on January 19 and conclude on January 21

Indices close week with gains of 2.5%; Asian Paints falls 2.6%

The indices had gained this week amidst optimism surrounding early quarterly earnings announcements of some companies

BlackRock Q4 profit beats estimates as assets cross $10 trillion

Assets under management stood at $10.01 trillion at the end of the quarter, up from $8.68 trillion a year earlier.

European shares in red as Fed officials signal hike in interest rate

At 0835 GMT the MSCI world equity index, which tracks shares in 50 countries, was down 0.2%, having fallen overall so far in January.

Sensex rallies 367 pts, ends above 60K; Nifty holds 17,900; financials gain

Large part of today's rally was propelled by financial and banking counters, with 7 of the top 10 index contributors belonging to the space.