Bajaj Finserv hit a 52-week high of Rs 1,771.50, up 3.3 per cent in intra-day trade amid heavy volumes, rallied 16 per cent in past two weeks
Posts in category Business Standard
Dynamic Services to buy Bharat Battery for Rs 45 cr; stock at upper circuit (29-08-2024)
The shares of Dynamic Services rose after the company announced that it has signed a memorandum of understanding (MoU) to acquire Bharat Battery Mfg Co for Rs 45 crore.
Intellect Design Arena rises on joining hands with Wipro (29-08-2024)
Intellect Design Arena advanced 1.52% to Rs 997.45 after the company announced a global strategic partnership with Wipro to transform banking technology services with eMACH.ai platform
Power Finance Corporation Ltd spurts 1.97%, up for third straight session (29-08-2024)
Power Finance Corporation Ltd is quoting at Rs 549.85, up 1.97% on the day as on 12:49 IST on the NSE. The stock is up 151.9% in last one year as compared to a 30.05% spurt in NIFTY and a 19.99% spurt in the Nifty Financial Services index.
JM Financial reiterates ‘Buy’ on Nykaa; ups target price with 15% upside (29-08-2024)
Based on expectations of the BPC company delivering robust numbers during the festive period this year, JM Financial has raised the target price on Nykaa with an upside of 15 per cent
ECOS Mobility IPO day 2: NIIs subscription surges; Check latest GMP & more (29-08-2024)
Public issue has received the highest bids from Non-Institutional Investors (NIIs) at 11.74 times, followed by Retail Investors at 5.85 times, and Qualified Institutional Buyers (QIBs) at 0.05 times
TCS extends partnership with fashion retailer, Primark for next 5 years (29-08-2024)
Tata Consultancy Services (TCS) informed that it has extended its partnership with Primark for the next five years to transform Latter’s technology operations to support the retailer’s ambitious plans for global growth.
Nifty hits fresh high; bank shares gain (29-08-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex jumped 334.18 points or 0.40% to 82,105.70. The Nifty 50 index gained 81.10 points or 0.32% to 25,137.85.
Industry came forward for rules on small, medium REITs, says Sebi chief (29-08-2024)
Sebi chief Madhabi Puri Buch on Thursday said there has been a positive response to small and medium REITs (real estate investment trusts) and industry players came forward for regulations on such entities.
Recently, the Securities and Exchange Board of India (Sebi) implemented regulations for small and medium real estate investment trusts (SM REITs) aimed at significantly increasing investor interest in fractional ownership of real estate assets.
Speaking at the Global Fintech Fest 2024, Buch spoke about compliances and the role of the regulator and said that industry players came forward for regulations on small and medium REITs.
The remarks by the Sebi chairperson came days after the US short-seller Hindenburg Research alleged that recent amendments to Sebi’s REIT Regulations 2014 were made to benefit a specific multinational financial conglomerate.
However, the markets regulator had stated that Sebi (REIT) Regulations, 2014 has been amended from time to time.
Also, Hindenburg
Indri whisky’s approval for CRPF Depots sends this alcohol stock soaring 5% (29-08-2024)
Piccadily Agro share price surged up to 4.99 per cent at Rs 788.45 per share on the BSE in Thursday’s intraday deals