Posts in category Business Standard
Nifty above 21,950 mark; FMCG shares advance; VIX slumps 25.32% (05-06-2024)
At 10:30 IST, the barometer index, the S&P BSE Sensex was up 209.37 points or 0.26% to 72,269.88. The Nifty 50 index added 83.50 points or 0.38% to 21,968.
KEC Intl gains on bagging orders worth Rs 1,002 cr (05-06-2024)
KEC International rallied 2.43% to Rs 714.35 after the company announced that it has secured new orders of Rs 1,002 crore in its civil business.
Angel One rises as client base climbs 63% YoY in May (05-06-2024)
Angel One added 2.24% to Rs 2,307.75 after the company's client base jumped 63.3% to 23.83 million in May 2024 as against 14.59 million recorded in May 2023.
Hindalco slumps 6% on deferring Novelis IPO amid valuation concerns (05-06-2024)
Novelis Inc, Hindalco Industries' US subsidiary, postponed its initial public offering (IPO) for the time being due to market conditions, the company said in an exchange filing today
This dairy products stock has zoomed 34% in 3 days on TDP’s landslide win (05-06-2024)
Heritage Foods hit a record high of Rs 538, as they rallied 18 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes.
Information Technology shares gain (05-06-2024)
Information Technology stocks were trading in the positive zone, with the BSE Information Technology index rising 293.51 points or 0.89% at 33239.66 at 09:41 IST.
Healthcare stocks edge higher (05-06-2024)
Healthcare stocks were trading in green, with the BSE Healthcare index increasing 284.35 points or 0.83% at 34676.68 at 09:41 IST.
FMCG shares rise (05-06-2024)
FMCG stocks were trading with gains, with the BSE Fast Moving Consumer Goods index rising 630.45 points or 3.19% at 20385.01 at 09:41 IST.
SBI board to mull fund raising on 11 June 2024 (05-06-2024)
State Bank of India (SBI) said that its board will meet on Tuesday, 11 June 2024 to consider raising funds through issuance of senior, unsecured notes via public offer and private placement methods.
Absolute Sports to acquire US based – SoapCentral.com (05-06-2024)
Absolute Sports, a Nazara Technologies subsidiary and the parent company of Sportskeeda.com and ProFootballNetwork.com, one of the world's leading providers of sports news and analysis with over 100 million fans engaging with its platform monthly, announced today that it has signed an asset purchase agreement, subject to closing conditions, to acquire all of the assets of SoapCentral.com, a premier source of entertainment content in the US. The transaction is for an all-cash consideration of $1.4 Million (~ Rs 11.6 crore) and is expected to be closed in the next 30 days. In CY23, SoapCentral.com had revenues of US $621K (~ Rs 5.2 crore). Absolute Sports will use its cash reserves to fund the transaction.