Posts in category Business Standard
Market at day’s high; Bajaj Finance spurts 3.52% (07-06-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex was surged 1,517.16 points or 2% to 76,576.47. The Nifty 50 index gained 433.25 points or 1.90% to 23,254.65.
Ixigo’s parent firm says investors sell shares worth Rs 176 cr in pre-IPO (07-06-2024)
Le Travenues Technology Ltd, which operates travel booking platform ixigo, on Friday said its existing sharehoders have completed the sale of equities worth a little over Rs 176 crore in a pre-IPO round.
Those who picked up shares are Ashoka India Equity Investment Trust Plc, Tata Multi Asset Opportunities Fund, Tata Digital India Fund, Bay Capital Holdings and Steadview Capital Mauritius, ixigo co-founders Aloke Bajpai and Rajnish Kumar told PTI in an interaction.
The travel aggregator's certain shareholders -- SAIF Partners India IV Ltd, Peak XV Partners Investments V (formerly known as SCI Investments V), Micromax Informatics Ltd, and Catalyst Trusteeship Ltd -- collectively sold 1.89 crore shares to these institutional investors on June 6 at Rs 93 apiece, which is also the upper end of the price band for the company's Rs 740-crore IPO.
At this price, the total transaction is pegged at Rs 176.2 crore. This pre-IPO round has been completed just before the anchor round that opens o
This auto ancillary stock has surged 45% in 3 days; up 97% from March low (07-06-2024)
Amara Raja Energy & Mobility rallied 14% to hit a new high of Rs 1,449.55 on the BSE in Friday's intra-day trade backed by heavy volumes on healthy business outlook.
Volumes spurt at Mastek Ltd counter (07-06-2024)
Mastek Ltd registered volume of 13.85 lakh shares by 14:14 IST on NSE, a 27.94 fold spurt over two-week average daily volume of 49558 shares
Indian Pesticides share price climbs 10% on commissioning new plant (07-06-2024)
India Pesticides is a chemical manufacturer engaged in agri chemicals business, primarily including manufacture, sale and distribution of insecticides, fungicides
Bajaj Finance rallies on plan to sell BHFL shares via OFS (07-06-2024)
Bajaj Finance advanced 3.84% to Rs 7,189.05 after the NBFC's board approved the offer for sale (OFS) of equity shares of a wholly owned subsidiary, Bajaj Housing Finance (BHFL), aggregating to Rs 3,000 crore through initial public offer (IPO).
Market continues to trade higher; Wipro rallies over 4%; European mrkt decline (07-06-2024)
At 13:25 IST, the barometer index, the S&P BSE Sensex was jumped 1,327.02points or 1.77% to 76,390.53. The Nifty 50 index gained 359 points or 1.57% to 23,180.40.
TCS shares gain after launching first Generative AI aggregator platform (07-06-2024)
The platform, which is a first in its category for the country, will remove barriers for customers to develop and launch business solutions, allowing for real-time experimentation across vendor
IT index records sharpest intraday rally in over 4 months; up 9% in 3 days (07-06-2024)
Infosys, Wipro, Coforge, Persistent Systems, Mphasis and LTIMindtree rallied up to 6% on the NSE
RITES bags contract worth nearly Rs 40 crore from Tata Steel (07-06-2024)
RITES said that it has received a letter of award (LoA) from Tata Steel for Loco Hiring along with operation and maintenance.