KEC International shares gained after the company bagged new orders worth Rs. 1,131 crore across various businesses.
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Paytm Shares Pare Early Gains After Board Approves Rs 850-Crore Buyback
Shares of One97 Communications Ltd., the parent of Paytm, were volatile in early trade on Wednesday after its board approved a proposal to buy back equity shares worth Rs 850 crore.
Dhanlaxmi Bank Hits 52-Week High [13-Dec-2022]
The shares of Dhanlaxmi Bank Ltd. rose 17.96% in trade as of 2:49 pm after 2.2% of equity changed hands in three bunches on Tuesday. The stock hit a 52-week high of Rs 24.7 during the day.
Macrotech Developers Falls A Day After Raising Rs 3,547 Crore Via QIP
The shares of Macrotech Developers were down by 4.70%, as of 2:27 pm, on Tuesday, a day after the company closed its QIP issue. The stock was trading at 1.2 times its 30-day average volume.
What Brokerages Make Of Dalmia Bharat’s Jaypee Cement Acquisition?
The shares of Dalmia Bharat Ltd. fell 3.70% in trade as of 10:48 am on Tuesday. The company entered into agreements on Monday to acquire cement and power assets of Jaiprakash Associates Ltd., for an enterprise value of Rs 5,666 crore.
Nifty This Week In Technical Charts: Bigger Trends At Make-Or-Break Stage
Event of the week was the all-time new high reached by the Bank Nifty. A couple of months ago, the Bank Nifty was trailing the Nifty by a goodly margin but has made great strides to pip the Nifty to the tape of hitting new highs. That is a remarkable comeback by the financial sector and here the effort was shared in good measure by private and public sector banks as well as financial stocks.
Mukesh Ambani At RIL’s 45 AGM
The 45th annual general meeting (AGM) of Reliance Industries Ltd (RIL), India’s largest company in terms of market-capitalisation, has commenced. RIL Chairman and Managing Director Mukesh Ambani will deliver the keynote address.