Posts in category Business Standard
Vedanta’s Hindustan Zinc to give interim dividend worth Rs 2,535 crore (06-12-2023)
Earlier in July, Hindustan Zinc had announced its first interim dividend of Rs 7 per share
Patanjali Foods hits record high on healthy biz outlook; soars 24% in 2 mth (06-12-2023)
The company said it is aiming to increase market share in foods segment through continued focus on biscuits and masala category
India’s stock market value tops $4 trillion, narrowing gap with Hong Kong (06-12-2023)
The market capitalisation of companies listed on India's exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as one of the best performers
Infra, manufacturing, utilities to be biggest beneficiaries of bull market (06-12-2023)
Apart from the aforementioned traditional sectors, current capex cycle may have additional drivers in the form of new-age sectors such as data centres, AI infrastructure, EVs and green energy
Stocks to Watch today, Dec 6: Canara Bk, Somany, Zee Learn, Patanjali Foods (06-12-2023)
Stocks to Watch on Wednesday, December 6, 2023: Axis Bank has initiated Corporate Insolvency Resolution Process against Digital Ventures Private Limited, wholly-owned subsidiary of Zee Lear
Stock Market LIVE: Sensex rises 250 pts to fresh high, Nifty near 20,950 (06-12-2023)
Stock market live on December 6, 2023: At 7:15 am, the Nifty futures in Gift City were trading 85 points higher at 21,028
Gold price falls Rs 1,090 to Rs 63,110, silver down Rs 2,000 at Rs 78,500 (06-12-2023)
The price of 22-carat gold declined Rs 1,000, with the yellow metal selling at Rs 57,850
Minor pullback in Nifty IT; range-bound movement in Nifty Auto likely (06-12-2023)
The optimal trading strategy for risk-tolerant traders involves selling Nifty IT either at the current levels or on upward movements, suggests Ravi Nathani
Nifty resistance at 21,193; LIC, India Cement top buy calls by Vinay Rajani (06-12-2023)
LIC's share has broken out from downward sloping trend line on the weekly chart
Promoter entity of Sapphire Foods India divests 4.2% stake worth Rs 378 cr (05-12-2023)
Promoter entity of Sapphire Foods India Arinjaya (Mauritius) Ltd on Tuesday pared a 4.2 per cent stake in the restaurant operator for Rs 378 crore through an open market transaction.
Sapphire Foods India Ltd (SFIL) is an omnichannel restaurant operator and the largest franchise of Yum Brands such as KFC, Pizza Hut, Taco Bell etc in India and Sri Lanka.
According to the bulk deal data available with the BSE, Arinjaya (Mauritius) Ltd offloaded 27 lakh shares, amounting to a 4.2 per cent stake in Sapphire Foods India.
The shares were sold at an average price of Rs 1,400.01 apiece, taking the transaction value to Rs 378 crore.
After the transaction, Arinjaya (Mauritius) Ltd's shareholding has declined to 3.79 per cent from 7.99 per cent in Sapphire Foods India.
Meanwhile, the Singapore government acquired more than 20.19 lakh shares of Sapphire Foods India at the same price.
Shares of Sapphire Foods India fell 1.67 per cent to close at Rs 1,422.50 apiece on the BSE.
In another bulk