Posts in category Business Standard
Tiger Logistics (India) standalone net profit declines 55.50% in the December 2023 quarter (09-02-2024)
Sales decline 37.28% to Rs 51.95 crore
Hind Rectifiers standalone net profit declines 37.19% in the December 2023 quarter (09-02-2024)
Sales rise 40.52% to Rs 136.63 crore
Grasim Industries consolidated net profit declines 39.80% in the December 2023 quarter (09-02-2024)
Sales rise 11.62% to Rs 31965.48 crore
Stock market LIVE: Gift Nifty signals tepid start; Telecom stocks, LIC eyed (09-02-2024)
Stock market LIVE updates on February 9, 2024: Telecom stocks may also see some action as the Cabinet on Thursday approved the next spectrum auctions with a reserve price of Rs 96,317 crore
Gold down by Rs 10, silver declines Rs 1,000, trading at Rs 73,500/kg (09-02-2024)
The price of 22-carat gold declined by Rs 10 with the yellow metal selling at Rs 57,990
F&O strategy: Bull spread on Bank Nifty for the weekly expiry (09-02-2024)
Nandish Shah of HDFC Securities recommends to Buy Bank Nifty 45000 PUT and simultaneously sell 44500 PUT of the 14-Feb expiry.
Divergent trend seen in Nifty FMCG, Metal and Realty; check key levels (09-02-2024)
According to Ravi Nathani, an independent technical analyst, the Nifty FMCG exudes a bullish short-term trend; while the Metal and Realty indices suggests a sell strategy.
Mutual fund equity deployment tops Rs 1 trillion in 5 months, shows data (08-02-2024)
The MF deployment in equity funds is linked to the investor inflows into equity and hybrid funds. In the last two months, equity schemes have received a net of Rs 38,800 crore
Warburg Pincus divests 8.4% stake in Kalyan Jewellers for Rs 2,937 crore (08-02-2024)
Private equity major Warburg Pincus on Thursday divested an 8.4 per cent stake in Kalyan Jewellers India for Rs 2,937 crore through open market transactions.
The US-based Warburg Pincus through its arm Highdell Investment Ltd sold shares of Kalyan Jewellers India on the National Stock Exchange (NSE) and the BSE.
Kalyan Jewellers India is into manufacture and sale of gems and jewellery.
As per bulk and block deal data available on the exchanges, Highdell Investment disposed of 1.80 crore shares on the BSE. Similarly, Highdell Investment also offloaded more than 6.87 crore shares in three tranches on the NSE.
Around 8.67 crore shares sold represent an 8.42 per cent stake in Kalyan Jewellers India.
The shares were sold at an average price of Rs 344.42 apiece on the BSE, while the shares were disposed of within the price range of Rs 334-339.59 apiece on the NSE, taking the combined deal size to Rs 2,936.96 crore.
After the latest transaction, Highdell Investment's shareholding in Ka
Sebi bars TV experts, research analysts, guests for ‘stock manipulation’ (08-02-2024)
Experts shared recommendations to certain entities before broadcast; Wrongful gains pegged at Rs 7.5 crore