Adani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed?

Adani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed?

Adani Enterprises was the best performer on the Nifty50 in the week ended Friday, May 26 gaining over 30% during the five trading sessions. It was on the back of 61 block deals which fetched Rs 1,021 crore for the Ahmedabad-based company which has business interests in mining, solar manufacturing and water management among others. … Read more

Rakesh Jhunjhunwala-backed Star Health Insurance files DRHP to raise funds via IPO

photo

New Delhi: Rakesh Jhunjhunwala-backed Start Health and Allied Insurance Company has filed a draft red herring prospectus (DRHP) with Sebi for an initial public offering. The initial stake sale will consist of issuance of fresh equity shares aggregating to Rs 2,000 crore and offer for sale (OFS) of up to 60,104,677 equity shares by the … Read more