Bharti Airtel shares touched a new high at Rs. 652 as the stock rallied 5% on Bombay Stock Exchange in intra-day trade this Tuesday, 31 August. This followed after the company managed to garner the interest of high-profile investors and companies, especially because of its diverse business. Previously on 16 August 2021, Airtel had reached …
Aptech, a leading vocational training and skill development organisation, has reached a new 3-year high on the bourses. The company has rallied to as high as Rs. 304 on BSE on this Tuesday’s intra-day trading. This happened a day ahead of the company’s scheduled board meeting to launch a new line of business. Aptech announced …
India’s information and technology giant, Tata Consultancy Services, has finally entered the promised land of Rs. 200 billion market capitalisation. It is primarily due to this fact that its stock reached an all-time high in intraday trading on Wednesday, 15 September 2021. TCS’ stock price reached its lifetime high of Rs. 3,980, and it ended …
Shareholders of hypermarket chain operator – Avenue Supermarket have much to celebrate. The share price of this stock is likely to cross the Rs. 5,000 mark by March 2022, said experts. Moreover, a robust business model combined with a fresh demand for offline shopping will likely cause the stock price to rise further. This proves …
On Wednesday, 29 September 2021, private sector financial institution IndusInd Bank declared the acquisition of 50,00,000 pledged McLeod Russel India Ltd. (MRIL) shares. These 50,00,000 shares comprise about 4.79% of McLeod Russel’s paid-up capital in terms of equity shares. Ichamati Investments Ltd had earlier pledged MRIL’s equity shares to IndusInd Bank to secure the tea …
Last Friday, on 1 October 2021, the scrips of Paras Defence got listed on the bourses, making a spectacular debut. To elaborate, Paras Defence shares got listed on the Bombay Stock Exchanges at Rs. 475 against Rs. 175 (its issue price with a face value of Rs. 10). Accordingly, it registered a listing premium of …
The shares of Kalyan Jewellers noted an 11% jump in the intraday trading on 7 October 2021. This growth is a direct reflection of this company’s revenue growth of 60% for its Indian operations in this recently ended September quarter, compared to the previous year. According to the press release from one of India’s largest …
An Overview Last week, eight of the top ten most valuable firms added a total of Rs. 2,32,800.35 crore to their market capitalisation, with RIL and TCS emerging as the largest gainers. The 30-share BSE benchmark rose 1,293.48 points, or 2.20 percent, last week. On Friday, the benchmark surpassed the 60,000 mark. RIL’s market value …
On 11 October 2021, Aditya Birla Sun Life made an unimpressive debut on the bourses. Following a tepid response to its initial public offer, the company’s shares declined by 2.25% on listing at the Bombay Stock Exchange. On the other hand, the stocks opened at Rs. 715 apiece on the National Stock Exchange, higher by …
In the last week until Monday’s morning session, the NSE’s Nifty 50 has gained over 600 points whereas BSE’s Sensex has soared over 1800 points in the same span. The rally has taken both indices to new all-time highs and pushed the market capitalisation even higher. The retail investors have been the net buyers despite …
