Positive Breakout: BPCL and 4 other stocks cross above their 200 DMA
Big movers on D-Street: What should investors do with IEX, SpiceJet and Devyani International?
Stocks that were in focus included names like IEX, which rose 0.66%, SpiceJet, which gained 6.33%, and Devyani International, whose shares jumped 8.44% on Tuesday.
At multi-year highs: IDFC First Bank among 5 stocks that saw 5-year swing high breakout
Sterling and Wilson Renewable plans to raise Rs 1,500 crore equity
One of the options under consideration is placing shares with investors through the qualified institution placement (QIP) route, the people cited above said.
Small-cap stocks in overbought zone, say analysts
The Nifty Smallcap 100 index touched an all-time high of 12,701 on Tuesday. The Nifty Midcap 100 index breached the 40,000 mark for the first time.
Raymond soars to record high amid fresh buy ratings
Both firms have set a price target of ₹2,600, implying an upside of nearly 20% from Tuesday’s closing price of ₹2,169.90. Earlier in the day, the stock hit an all-time high of ₹2,240. It has risen by 44.32% in 2023 so far as against 10.65% advance in the benchmark S&P BSE 500.
India’s soaring m-cap hits record on stream of new listings
China’s market cap rose 67% to $9.8 trillion in the past five years, but the Shanghai Composite Index gained just over 15% during the period.
Jupiter Hospitals fully priced, may turn reasonable post-IPO
The proceeds from the issue will be used to repay ₹510 crore debt. Last month, the company raised ₹123 crore in its pre-IPO placement at the same level as the upper price band. The promoter family is not selling its shares in the issue.
Lawyers land $700 million bounty from crypto collapse
Lawyers, accountants, consultants, cryptocurrency analysts and other professionals have racked up more than $700 million in fees since last year from the bankruptcies of five major crypto firms, including the digital currency exchange FTX, according to a New York Times analysis of court records. That sum is likely to grow significantly as the cases unfold […]
Paytm founder Vijay Shekhar Sharma looking to raise stake
“There is never a day that I would not buy more equity in Paytm,” Sharma told Bloomberg News in an interview on Monday. “The single largest shareholder of Paytm is now an Indian, that is myself, and I believe this is definitely a key milestone.”