Page 13 - Shares

Peloton lowers forecast after pandemic sales' boom turns to bust

The grim outlook sent the stock tumbling as much as 30% to $60.12 in late trading. Even before the swoon, Peloton shares were down 43% this year.

SBI Cards' shares shed 6.3% following a mixed bag in Q2

Analysts, however, remain positive with target prices indicating 13-25% upside on expectations of strong growth in FY22 earnings

JM Financial's Sept quarter net up 25% on surge in share sale fee income

The company posted a net profit of Rs 174.43 crore in the three-month period, compared with Rs 139.06 crore in the same period of last year.

Markets regulator Sebi relaxes eligibility criteria for SR shares

Market participants are of the view that certain aspects of the current framework on SR shares are onerous, which delays such issuer companies from raising funds from capital markets

World stocks at 1-month high as bond yields soften, tech shares rally

World stocks climbed to a one-month high on Tuesday due to rally in technology shares and prospects of solid corporate earnings

Airtel's right entitlement trading off to flying start, close 24% higher

The REs should rise further as they ended at the day's upper trading limit

Paras Defence skyrockets 2.85 times offer price on stock market debut

The company now holds record for most-subscribed IPO and best-listing day performance

Govt seeks to empanel merchant bankers, legal advisors for share sales

Appointment will be for two years, extendable for one year; contenders can quote a fee as low as Re 1, must submit bids by October 20

CarTrade, Aptus Value, Krsnaa Diagnostics, Rolex Rings hit new lows

CarTrade Tech shares hit a new low of Rs 1,365 on the BSE today, falling 16% from its issue price of Rs 1,618 per share.

Carlyle to divest 3.4% stake in SBI Cards, puts 32 mn shares in the block

Price band set at Rs 1,021-Rs 1,072.3 per share; At the lower end of the band, Carlyle will raise Rs 3,267.2 crore

TCS m-cap tops $200 bn, shares hit lifetime high of Rs 3,980 intra-day

The stock settles at Rs 3,955 at close, up 1.8% over previous close

PharmEasy buys majority stake in healthcare supply chain start-up Aknamed

API's subsidiary PharmEasy, which is planning an IPO, will acquire 975,937 equity share in the company

Barbeque Nation raises nearly Rs 100 cr via preferential issue of shares

The company's stakeholder in its meeting approved an allotment of 11,77,855 fully paid-up equity shares of a face value of Rs 5 each at a premium of Rs 844 by preferential allotment

SpiceJet shares close down over 4% after loss of Rs 729 crore in Q1

Shares of SpiceJet on Monday declined by more than 4 per cent at close after the company reported a loss of Rs 729 crore for the April-June quarter

George Soros exits shares bought during Bill Hwang's Archegos implosion

Soros Fund Management sold $194.3 million of ViacomCBS Inc., $77 million of Baidu Inc. shares and $46.4 million of stock in Vipshop Holdings Ltd., according to a regulatory filing released Friday.

Pfizer shares hit record high with Covid-19 vaccine stocks on a tear

The percentage gain was the stock's biggest one-day rise since Nov. 9, when Pfizer released positive data for its Covid-19 vaccine

Promoter share pledging declines for second straight quarter in Q1FY22

The value of promoter pledged holdings stood at Rs 1.7 trillion, 0.81% of total market cap of BSE 500 index

IRCTC stock price soars to fresh high on likelihood of share split

Shares end 6.9% higher on Monday from Friday's close; up 17.5% from a month ago

Rolex Rings jumps 30% on debut to close with Rs 267 gain; HNIs incur losses

HNI portion was subscribed 360x; break-even after factoring in the interest cost for wealthy investors worked out between Rs 1,400-1,500 a share versus closing price of Rs 1,167

World shares ride earnings to fresh high, dollar steady

Strong corporate profits have eased concerns over the Covid pandemic, as vaccine roll-outs continue apace in developed markets