Ace investor Ashish Kacholia has hit a half-century with the addition of a new stock to his portfolio in the quarter ended September. He picked up Jain Resource Recycling, a smallcap stock that made its market debut on October 1. According to the company’s Red Herring Prospectus (RHP), the shares were allotted to Bengal Finance … Read more
BNP Paribas on Monday bought stakes in Nifty stocks Hero MotoCorp and IndusInd Bank via bulk deals. The French multinational bank acquired shares worth Rs 1,035 crore in the two-wheeler company and Rs 771 crore in the private sector lender. It spent a total of Rs 1,806 crore to buy the shares of the two … Read more
Akzo Nobel India‘s promoter entity Imperial Chemical Industries today sold over 22.77 lakh shares worth Rs 765 crore via multiple block deals to marquee international and domestic funds. The shares were sold at a price of Rs 3,358.8 apiece to Goldman Sachs, Citigroup, BNP Paribas, Societe Generale, Morgan Stanley, Nippon India Mutual Fund, Aditya Birla … Read more
French multinational bank BNP Paribas sold 65,610 equity shares worth Rs 122 crore in Force Motors via a bulk deal on Friday. The shares were sold at a price of Rs 18,581.1 apiece, a 2% discount from the Thursday closing price of Rs 18,952.10. Force Motors shares today ended with 2% decline at Rs 18,555.55 … Read more
Asian equities traded within a narrow range after US stocks and bonds fell as traders pared back wagers on imminent Federal Reserve interest-rate cuts. Shares in Japan and Australia declined while South Korea advanced. Contracts for the Nasdaq 100 declined 0.1% after a report said Nvidia Corp. instructed component suppliers to stop production related to … Read more
Unified Data Tech shares today hit a fresh 52-week high of Rs 387 on the BSE, gaining 16% over Wednesday’s closing price. The stock extended its last session rally, surging 22% in just two sessions, defying lackluster sentiments prevailing in the markets. The price action was accompanied with strong volumes with a spurt of 2.8 … Read more
The initial public offering (IPO) of storage solutions provider Aegis Vopak Terminals, which opened for public subscription earlier today, has attracted a subscription of 26% on Day 1 of the process. The issue is available for bidding till May 28. By the end of the first day of bidding, the issue had received bids for … Read more
Storage solutions provider Aegis Vopak Terminals has raised Rs 1,260 crore crore from 32 anchor investors, allocating over 5.36 crore equity shares ahead of the company’s initial public offering (IPO) which opens on Monday, May 26, 2025. The anchor allocation bid saw participation from global funds like Goldman Sachs, Nomura Trust & Banking Co, Scotland-based … Read more
On February 15, spot gold was highly volatile and choppy amid weak US data and traders reassessing the impacts of the US President Trump’s tariff policies. The yellow metal came close to it’s all-time high level of $2943; however, it slumped as traders opted to book profits. The yellow metal traded between $2854 (February 10) … Read more
Indian IT companies are expected to report a single-digit revenue growth up to 4% in the quarter that ended on September 30, 2024 with the likelihood of positive commentary for the rest of FY25, according to estimates by three brokerages. The earnings season begins on Thursday, October 10 with the announcement of results by Tata … Read more