American private equity firm TPG Capital is likely to sell shares of Nykaa worth Rs 1,000 crore through a block deal
Staying with the theme of financial markets, most of us know how to purchase shares. But what if you want to transfer their ownership? Let's know how to do it
Varun Beverages, Tube Investments, IHCL seen as potential inclusions
Near-term gains for India's sixth largest IT services company factored into valuations
Large-cap companies are known to weather the market storm better, while smaller stocks tend to fall more during volatile market conditions
The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory
Analysts said that half of the BSE 500 firms trading below 200-DMA clearly indicates that market sentiment isn't strong and there is heightened selling pressure in the broader markets
Among other things, the cooling-off period required between two OFSs has been reduced to as less as two weeks from 12 weeks at present
M-cap of Adani group goes up 55.2%, while Tata and Ambani biz houses' declines 10%
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)
An individual on Tuesday sold 3.3 per cent stake in Best Agrolife Ltd for over Rs 98 crore through open market transactions. Raj Kumar offloaded 5,25,000 shares on the NSE and 2,75,000 shares on the BSE, amounting to 3.38 per cent stake in the company, as per the bulk deal data available with the two exchanges. The shares were disposed of at an average price of Rs 1,240.9 apiece on NSE and Rs 1,210.68 per scrip on BSE, taking the combined transaction value to Rs 98.44 crore. Quant Mutual Fund picked up 5 lakh shares of the company on both NSE and BSE. Other buyers were not identified. As of June quarter, Raj Kumar held a 16.57 per cent stake in the company, shareholding data with the bourses showed. Shares of Best Agrolife closed 3.21 per cent higher at Rs 1,249 on NSE and 4.05 per cent up at Rs 1,249.90 on BSE.
No word yet on successor to MD & CEO Girish Kousgi, who resigned on Monday
Sweden's central bank hiked rates by a greater than expected full percentage point on Tuesday and warned of more to come.
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
In the UK, retail sales fell more than expected, in another sign that the economy is sliding into recession as the cost-of-living crisis squeezes households' disposable spending
Dalio's bearish view further ignites concerns about valuations in US stocks
In August, 7 companies file DRHPs to raise Rs 10,425 cr - the most in 5 months
Russia's gas would remain the "Damocles sword" hanging over Europe's economy, he added, while the scale of interest rate rises likely to come and the risk of recessions was still not fully reflected
According to the current rule around impact cost, a stock's median quarter-sigma order size over the past six months cannot be not less than Rs 25 lakh
The stock touched an intra-day high of Rs 14.46 apiece on the BSE, closing trade at Rs 14.24 a share, up 19 per cent over the previous day's close