Spandana Sphoorty to raise Rs 400 crore via rights issue for FY26 plans

Spandana Sphoorty to raise Rs 400 crore via rights issue for FY26 plans

Microfinance company Spandana Sphoorty Financial is planning to raise up to Rs 400 crore from existing shareholders through rights issue of shares. The company board approved the plan Tuesday. The board will meet again on Friday to fix the price of the issue and other related matters such as related payment mechanism, rights entitlement ratio, … Read more

Not all stocks turned multibaggers since pandemic began! 30 names crashed up to 78%

Not all stocks turned multibaggers since pandemic began! 30 names crashed up to 78%

New Delhi: Ever since the Covid-19 pandemic hit, followed by a steep cash in stocks, a large number of Indian equities have delivered massive and multibagger returns to the investors. However, not everything turned to gold on Dalal Street as a handful names have been unable to deliver positive returns even in the last 105 … Read more