Piramal Enterprises Ltd is seeking shareholders’ nod to raise Rs 1,750 crore from a Canadian investor by issuing compulsorily convertible debentures (CCDs).
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Axis Small Cap fund outperforms in last one year. But is that enough?
In a market where small cap stocks are being thrashed badly (S&P BSE Smallcap is down nine per cent), Axis Small Cap fund has delivered a return of around 22% over the past one year ended November 13, 2019 as per the data available on Valueresearchonline.com.
Why Investors are taking a $4.8 bn blow to Bharti Airtel in their stride
One man’s poison is another man’s meat Ever since the Supreme Court pronounced its verdict on licence and spectrum fee dues by telcos to the government, shares of Vodafone Idea Ltd have fallen by 48% to a mere ₹2.95 per share. Meanwhile, shares of Bharti Airtel Ltd have been resolute at the ₹360 levels.
200 कर्मचारी को निकालने पर बढ़ा विवाद, HONDA के मानेसर प्लांट में उत्पादन हुआ बंद
मंदी की मार झेल रही ऑटो इंडस्ट्री के लिए एक और बुरी खबर है। होंडा मोटरसाइकिल एंड स्कूटर्स ने अपने मानेसर प्लांट में उत्पादन बंद कर दिया है।
INFOSYS LTD – STOCK Price Crash Wipes ₹53,452 Crore off its Market Value in a day
Infosys Ltd Stock Price today crashed 16% to ₹643.30 after India’s No.2 software services exporter said it is investigating whistleblower claims accusing its top two executives of “unethical practices” to boost short-term profit. Today’s crash wiped off ₹53,452 crore from its market capitalisation. Infosys Chairman Nandan Nilekani said in a statement on Tuesday that the complaints were placed before the audit committee and the non-executive members of the board.
Not just INDIAN RAILWAY CATERING & TOURISM CORPN. LTD – STOCK PRICE Five other IPOs that made stellar debut
IRCTC (INDIAN RAILWAY CATERING & TOURISM CORPN Ltd) more than doubled on the first day of listing, the best debut for a local company since 2017, after its public float emerged as the most sought after for the nation’s state-run firms. Lured by IRCTC’s monopoly status, investor demand exceeded shares on offer by 112 times, eclipsing the government-owned Housing & Urban Development Corp. and Cochin Shipyard Ltd., whose maiden offerings were oversubscribed more than 75 times in 2017, a record year for Indian IPOs.
HINDUSTAN UNILEVER LTD – STOCK PRICE Holds Gain Ahead Of Q2 Results
Hindustan Unilever Ltd Stock price rose 0.37 percent after gaining as much as 1.3 percent ahead of its September quarter results announcement.