Page 8 - Shares

IndusInd Bank's stock rally has more legs; up to 35% upside likely: Experts

IndusInd Bank has addressed key issues that were an overhang on the counter at the bourses - the biggest being the reappointment of its managing director and chief executive officer

ACC, Ambuja Cements shares tank over 5% on concerns over encumbrance

The Adani group holds 63.15 per cent in Ambuja Cements and 56.69 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements)

Large-panel TVs' share has tripled in 5 years to over 40%: CRISIL report

Sharp 35-40% decline in prices over the past five years has been the key growth driver; other tailwinds include greater rising incomes, higher OTT consumption and deeper web penetration

LIC stk hovers around June lows but analysts remain bullish, see 37% upside

he stock of India's biggest life insurer closed at Rs 655 apiece on the BSE on Friday, marginally above its record low of Rs 650, hit on June 20, 2022

Three entities offload over 4 mn PVR shares worth Rs 759.14 crore

Three different entities have offloaded 40.45 lakh shares of multiplex operator PVR on Thursday that are worth Rs 759.14 crore through open market transactions. Plenty Private Equity FII I sold 7,62,499 shares of the company at an average price of Rs 1,877.14 apiece, according to bulk deal data available on the BSE. Plenty Private Equity Fund I offloaded 10,76,259 shares of the firm at an average price of Rs 1,887.04 and Gray Birch Investment sold 22,06,743 shares at Rs 1,871.18 apiece. Gray Birch Investment sold its entire holding in the firm. As per the company's June quarter shareholding pattern available on the BSE, Gray Birch Investment held 22,06,743 shares or 3.61 per cent as public shareholder, while Plenty Private Equity FII I held 15,24,998 shares or 2.50 per cent stake in PVR. Plenty Private Equity Fund I held 21,52,517 shares or 3.52 per cent stake in the company. Shares of PVR fell 4.40 per cent to settle at Rs 1,844.50 apiece on the BSE.

Abrdn sells 2% stake in HDFC Life at Rs 574 a share, mops up Rs 2,469 cr

Societe General bought shares worth Rs 469 cr, Integrated Core Strategies bought shares worth Rs 287 cr and Norges Bank bought shares worth Rs 234 cr

General Atlantic Singapore sells 1.66 mn shares of KIMS worth Rs 204 cr

General Atlantic Singapore Kh Pte Ltd on Thursday offloaded 16.60 lakh shares of hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) for Rs 204 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), the shares were sold at an average price of Rs 1,230 apiece, valuing the transaction at Rs 204.18 crore. At the end of June quarter, General Atlantic Singapore Kh Pte Ltd owned 17.24 per cent stake in the company, as per data available with the bourse. Emerald Investments Ltd picked up 15,70,000 shares at the same price. KIMS shares closed 5.24 per cent higher at Rs 1,266.80 on NSE. In a separate transaction, TPG Dodla Dairy Holdings divested shares of dairy company Dodla Dairy Ltd for Rs 193 crore through open market transactions. TPG Dodla Dairy Holdings Pte Ltd sold 27,63,535 shares in four tranches on BSE and 10,40,000 shares on NSE, according to block deal data available with NSE and BSE. The share

Dish TV shares surge 20% as chairman set to exit after Yes Bank tussle

The company on Tuesday said Goel would not opt for a re-appointment on its board and independent director Bhagwan Das Narang would vacate office after his term expired

BNP Paribas Arbitrage offloads 405,000 PVR shares worth Rs 74 cr

BNP Paribas Arbitrage on Thursday offloaded 4.05 lakh shares of multiplex film exhibition company PVR Ltd for more than Rs 74 crore through an open market transaction. According to bulk deal data available with BSE, BNP Paribas Arbitrage sold 4,05,183 shares of the company. The shares were disposed of at an average price of Rs 1,841.14 apiece, taking the transaction value to Rs 74.59 crore. Shares of PVR Ltd settled 0.64 per cent higher at Rs 1,841.15 on BSE.

India's Brahmaputra Infrastructure soars 11% after $22.2 million order win

BENGALURU (Reuters) - Shares of Indian construction and engineering company Brahmaputra Infrastructure Ltd, jumped 11.31%, after the company said it received an order worth 1.77 billion rupees

TMS Ep242: 'One charger for all', China 5G, Sensex rally, share transfer

How will 'one charger for all' affect device makers? How were the Chinese frozen out of 5G? Can Sensex hit the 65,000 mark in the rally? What's transfer and transmission of shares?

What is the difference between transfer and transmission of shares?

What if you want to transfer your share holdings to someone in the family? You can transfer those holdings. But that's not exactly same as transmission of shares. What are the differences?

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

Shares of cos having Rakesh Jhunjhunwala's investments settle on mixed note

Among the firms in his portfolio, Aptech shares dipped 0.04 per cent to settle at Rs 232.65 on BSE after falling 5.92 per cent to Rs 218.95 during the day.

Samvardhana Motherson shares rises 3% post bonus shares issue announcement

The company has decided to issue bonus shares in the ratio of 1 bonus equity share against 2 existing equity shares, which will be subject to shareholders approval.

Zomato's weightage in FTSE indices to rise to 24.9% from August 11

Shares of Zomato gained 2 per cent to close at Rs 55.6

What are ESOPs?

Employers looking to attract and retain talent are going beyond offering traditional benefits like allowances, special pay packages etc. One such compensation is ESOPs. Find out what are ESOPs

Why the Hong Kong-based $200 billion AMTD Digital stock is no GameStop

AMTD Digital Inc. has risen 14,000% since listing in New York, giving it a market value of more than $470 billion at one point this week

EV growth, mkt share to forge gains for auto component maker Sona Comstar

Margins could improve given softening commodity prices

Dr Lal PathLabs Q1 net profit dips 57% to Rs 58 cr; revenue falls 17%

Diagnostic services provider Dr Lal Path Labs on Thursday said its consolidated net profit declined 57 per cent to Rs 58 crore for the first quarter ended June 30