The newly-listed aviation stock is highly favoured on Dalal Street, rising around 61 percent in about a month time since it was listed on November 10. Low crude price and holiday season were also boosting the stock. It touched record high at Rs 1234 per share on December 16.
Posts tagged MC
InterGlobe falls 5% on plane delivery delay concerns (21-12-2015)
Sensex ends up over 200 pts, Nifty gains 72pts; FMCG surges (21-12-2015)
ONGC, ICICI Bank, ITC, MM, Vedanta were top gainers in the Sensex. Among losers were Sun Pharma, HUL, GAIL, HDFC Bank and Reliance.
Retailers see red on ‘gift card’; e-tailers in Catch-22 (21-12-2015)
The trigger for the latest sparring is Amazon’s decision to offer gift cards worth Rs 200 each to shoppers on Amazon.in for a day, to celebrate becoming the most visited e-commerce website in India.
Gunning for the sun: Is India ready to be solar powered? (21-12-2015)
According to a Clean Technica report, solar power bids have fallen by over 50 percent in India in the past five years
Govt introduces bankruptcy bill in Lok Sabha (21-12-2015)
At present, Asia’s third-largest economy has competing laws with unclear jurisdictions to deal with the liquidation or revival of companies.
Foreign firms cash out as mutual funds near Rs 15lk cr mark (21-12-2015)
As the year 2015 draws to a close, data shows that total Asset Under Management (AUM) of the mutual fund industry crossed Rs 13.5 lakh crore mark for the first time, while more than 50 lakh new investor accounts have been added this year.
Renewable energy, operational projects in focus: LT Fin (21-12-2015)
Deosthalee says LT Finance is currently focusing on lending only to renewable energy and operational projects within the infrastructure space, adding there is likely to be some improvements in the road sector over the next few months.
Expect 20-25% growth in FY17: Kaveri Seeds (21-12-2015)
C Mithun Chand, Wholetime Director at Kaveri Seeds is confident that the company will regain its market share.
Dilip Buildcon eyes Rs 11,000 crore revenue by FY18 (21-12-2015)
The company, which is primarily engaged in construction of roads and highways, expects to close this fiscal with over Rs 4,000 crore in revenue as compared to Rs 2,600 crore in 2014-15 fiscal.
BSNL cuts mobile call rates by 80% for new customers (21-12-2015)
“BSNL has revamped its infrastructure now. We have decided to cut mobile call rates by up to 80 percent for new customer so that they get experience of our revamped services,” BSNL Chairman and Managing Director Anupam Shrivastava told PTI.