In three days, the stock of the Mahindra group automaker has rallied 11 per cent on reports of the top management of Skoda Volkswagen India looking to sell up to 50 per cent stake in the co to M&M.
M&M stock hits new high as m-cap nears Rs 4 trillion; zooms 100% in 10 mths (24-09-2024)
In three days, the stock of the Mahindra group automaker has rallied 11 per cent on reports of the top management of Skoda Volkswagen India looking to sell up to 50 per cent stake in the co to M&M.
Euro zone bond yields slip as investors raise rate-cut bets (24-09-2024)
Euro zone bond yields fell for the second straight session as investors increased their bets on another European Central Bank rate cut in October following weak economic data. The German 10-year bond yield dropped to 2.161%, while traders now see a 45% chance of an ECB rate cut next month.
Share price of Shriram Finance falls as Nifty strengthens (24-09-2024)
A total of 2,680 shares changed hands on the counter till 12:53PM (IST).
Deccan Transcon Leasing shares list at 7% premium over IPO price on NSE SME platform (24-09-2024)
Deccan Transcon Leasing’s shares debuted on the NSE SME platform at a 7.4% premium, listing at Rs 116 against an issue price of Rs 108. The IPO was subscribed 74 times, with significant interest from investors. The company provides comprehensive freight and shipping services and plans to use the proceeds for capital expenditure and working capital needs.
Deven Choksey on why auto stocks are holding on, what to do with Paytm (24-09-2024)
Deven Choksey, MD of DRChoksey FinServ Pvt. Ltd, remains optimistic about two-wheelers and commercial vehicles. He believes passenger vehicle demand will recover post-challenges. On Paytm, he advises caution until profitability is shown. He sees potential in the energy transition sector, particularly green hydrogen, with significant growth expected over the next 5-10 years.
Share price of Havells India falls as Nifty strengthens (24-09-2024)
A total of 12,011 shares changed hands on the counter till 12:47PM (IST).
NSE SME Envirotech Systems soars on debut (24-09-2024)
NSE SME Envirotech Systems were trading at Rs 111.70 on the NSE, a premium of 99.46% compared with the issue price of Rs 56.