TCS, IndiGo among 6 companies where promoters sold stakes in last 1 month – Exit Mode!
Here’s a list of companies where promoters have offloaded stakes in the past month. (Source: ET NOW) Source link
samvardhana motherson
Big movers on D-Street: What should investors do with JM Financial, Samvardhana Motherson and L&T Finance?
Benchmark indices settled at fresh record high levels in a volatile trade on Wednesday. The 30-share Sensex jumped 408 points to settle at a new record high of 74,085 and the broader Nifty climbed 117 points to close at a lifetime high of 22,474. Stocks that were in focus included names like JM Financial, which … Read more
F&O Stock Strategy: How to trade Samvardhana Motherson and IRCTC today
It was a negative start to the week for the Indian markets as Nifty formed a strong bearish engulfing candlestick on the daily charts. This correction is on the expected lines as Nifty was at significantly higher levels than its 50-day mean price. In addition, the uncertainty around the corporate earrings may also play a … Read more
Samvardhana Motherson Q1 Results: Cons PAT soars 4-fold YoY to Rs 601 crore
MUMBAI – Samvardhana Motherson International on Thursday reported robust numbers for the June quarter, as consolidated net profit surged over four-fold year-on-year (YoY) to Rs 601 crore. Consolidated revenue from operations increased 27% YoY to Rs 22,462.20 crore. The operating profit, calculated as earnings before interest, taxes, depreciation and amortisation (EBITDA), soared 69% on year … Read more
Promoter Sumitomo Wiring likely to sell 3.4% stake in Samvardhana Motherson via block deal on Thursday
Japanese promoter company Sumitomo Wiring Systems will likely sell 3.4% stake in Samvardhana Motherson International through a block deal on Thursday, according to reports. The floor price for the deal is fixed at Rs 69.9, which is almost 9% discount to the last price close. Sumitomo Wiring will sell about 230 million shares in the … Read more
Adani Enterprises to enter Nifty 50
Mumbai , the flagship company of the Adani Group, will be included in the Nifty 50 index in place of , the National Stock Exchange said on Thursday. After , this would be the second stock from billionaire Gautam Adani‘s group to be included in the Nifty. The changes become effective from September 30. Adani … Read more