Page 11 - Shares

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.

Sensex, Nifty end flat; NTPC, IT shares shine; Reliance, Tata Steel slip

The broader indices ended on a mixed note; among sectors, the IT index was up a per cent, while the energy, oil & gas and metal indices declined over a per cent each

HP Adhesives makes strong market debut; closes with 22% gains

After listing, the company has a market capitalisation of Rs 615.47 crore

Promoter Westglobe exits company; sells 4.43 crore Vedanta shares

Westglobe held 1.19 percent stake in Vedanta which upon selling entirely to Vedanta Holdings Mauritius, takes the latter's holding to 4.08 percent from 2.89 percent as on 30 September, 2021

Tencent Holdings to hand out $16 bn of JD.com shares as dividend

Tencent's handout may buy goodwill with the government, which has pushed for the dismantling of barriers and for tech firms to share the wealth

Equity MFs mop up Rs 46,700 crore through new fund offers in 2021

Highest in 10 years, with 13 of 70 equity schemes cornering 75% of amount raised