The OFS announcement caught the market by surprise as the promoter holding in the company is at 75 per cent and no further divestment is required
Some of the growth is captured in the price rally, higher valuations
Most brokerages are positive on the long term prospects of the stock
Long-term story remains good and valuations attractive, but near-term overhangs may keep stock prices subdued
Capital markets regulator Sebi on Monday imposed Rs 20 lakh fine on four entities for indulging in non-genuine trades in stock options on BSE.
Buyback could support the price in the near term
Company will set up evergreen trust to manage the PSOP and award stocks over 5-7 years at near zero cost to service partners
Facebook lost a record $251 billion of value in a single day
While outlook remains strong, Q3 revenue growth was lower than Street estimates
What works in favour are strong revenue growth, deal wins and attractive valuations
Sharma indicated that he would have bought more shares of Paytm if he could as it was trading cheaply
Pandemic related restrictions, rural slowdown and input costs are key concerns
Soymeal millers, processors can hold stocks only up to their 90 days of production, says circular.
Bharti Airtel, however, is the safer bet fundamentally among the two companies.
Clearance for Goa unit is positive; near-term triggers are new launches and market share gains
Drahi's purchase was his first move since takeover rules preventing him from further purchases after his June stock acquisition expired on Saturday.
For rerating, it needs sustained growth in India, recovery in US
Shares of Fino Payments Bank entered the bourses on November 12, 2021. It was listed at Rs 548, a discount of 5.03% to the issue price of Rs 577
Muted heavy truck numbers in North American market, passenger vehicle sales impacted too
The stock has been underperforming peers over the past couple of months