Posts in category Business Standard
Amber Enterprises India to acquire 50% stake in Resojet (21-03-2024)
Pursuant to the above definitive agreements, JV company will be equally owned and controlled by both JV Partners
Sensex adds 545 pts; broader mkt rallies (21-03-2024)
At 13:28 IST, the barometer index, the barometer index, the S&P BSE Sensex, was up 545.29 points or 0.76% to 72,646.98. The Nifty 50 index gained 170.95 points or 0.78% to 22,010.05.
Infosys Ltd eases for fifth straight session (21-03-2024)
Infosys Ltd is quoting at Rs 1551, down 0.25% on the day as on 13:19 IST on the NSE. The stock jumped 11.64% in last one year as compared to a 28.29% rally in NIFTY and a 27.37% spurt in the Nifty IT index.
Hero MotoCorp Ltd slips for fifth straight session (21-03-2024)
Hero MotoCorp Ltd is quoting at Rs 4482.4, down 0.62% on the day as on 13:19 IST on the NSE. The stock jumped 90.48% in last one year as compared to a 28.29% rally in NIFTY and a 68.78% spurt in the Nifty Auto index.
Jupiter Wagons rises 4% day after announcing Bonatrans India buyout (21-03-2024)
Jupiter Wagons has acquired Bonatrans India, manufacturer of rolling stock wheelsets, for a consideration of Rs 271 crore.
SEPC hits the roof on bagging order worth AED 20.05 mln (21-03-2024)
SEPC was locked in upper circuit of 5% at Rs 17.41 after its wholly owned subsidiary, Shriram EPC FZE bagged a work order for artificial intelligence (AI) centre in Dubai worth AED 20.05 million.
Eicher Motors Ltd soars 1%, Gains for third straight session (21-03-2024)
Eicher Motors Ltd is quoting at Rs 3912.35, up 1% on the day as on 12:49 IST on the NSE. The stock is up 32.78% in last one year as compared to a 28.2% gain in NIFTY and a 68.6% gain in the Nifty Auto index.
Bajaj Finserv Ltd spurts 0.94%, gains for five straight sessions (21-03-2024)
Bajaj Finserv Ltd is quoting at Rs 1599.6, up 0.94% on the day as on 12:44 IST on the NSE. The stock is up 23.56% in last one year as compared to a 28.26% spurt in NIFTY and a 16.01% spurt in the Nifty Financial Services.
Reserve money jumps 2.85% on weekly basis (21-03-2024)
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Reddit to make stock market debut today, prices IPO at $34/ share (21-03-2024)
Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory the stock market.
The company said on Wednesday that it had priced its IPO at USD 34 a share. Shares will begin trading today on the New York Stock Exchange under the ticker symbol RDDT in a market debut likely to spur a flurry of commentary on Reddit's own platform, as well as competing social media outlets.
The IPO will test the quirky company's ability to overcome a nearly 20-year history coloured by uninterrupted losses, management turmoil and occasional user backlashes to build a sustainable business.
The interest surrounding Reddit stems largely from a large audience that religiously visits the service to discuss a potpourri of subjects that range from silly memes to existential worries, as well as get recommendations from like-minded people.
About 76 million users checked into one of Reddit's roughly 100,000 communities in December, according to the regulatory disclosures required .