Hindenburg claims Sebi chief had stake in offshore entities linked to Adani
“The current SEBI Chairperson and her husband, Dhaval Buch, had hidden stakes in the exact same obscure offshore Bermuda and Mauritius funds, found in the same complex nested structure, used by Vinod Adani,” Hindenburg said in a report.”
Aurobindo Pharma Q1 results: Net profit jumps 61% at Rs 919 crore
Revenue from operations increased to Rs 7,567 crore in the June quarter as against Rs 6,851 crore in the year-ago period, the drug maker said in a statement.
Metropolis Q1 results: Net profit rises 31% to Rs 38 crore
The earnings for interest, tax, depreciation and ammortisation (EBITDA) before CSR and ESOP rose 20.2% YoY to Rs 80.5 crore in Q1. The EBITDA margin in Q1FY25 was 25%.
Concurrent Gainers: These 6 stocks gained for 5 days in a row
In the five trading sessions ending on August 9, the Sensex benchmark index fell by 1.58%, closing at 79,706, with declines occurring in three of those sessions. According to ETMarkets, six stocks with a market cap over Rs 1000 crore exhibited consistent price increases during this timeframe. (Data Source: ACE Equity)
FIIs sold Indian stocks worth $1.3 billion this week. Will the sell-off deepen?
However, buying of around $2.2 billion worth of equities by domestic institutional investors last week limited the downside on Dalal Street. Sensex ended 1.6% lower on a weekly basis as global markets recouped losses after ‘ Black Monday’ sell-off.
Concurrent Gainers: These 6 stocks gained for 5 days in a row
5-Day Gain: 17% | Previous Close: Rs 10,402
F&O Talk| Nifty still outperforming global peers, eyes key 24,700 level for breakout: Sudeep Shah of SBI Securities
The second half of the week was volatile and a fresh buying emerged towards the latter part of the week, primarily on Friday.
ICICI Bank, RailTel among 77 stocks with dividend, bonus, split, rights issue next week. Do you own any?
he record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
Unlock Financial Freedom: Charles Schwab’s secrets to long-term investing success
Ace investor Charles Schwab says investors shouldn’t limit investing to the financial world. “When a man has put a limit on what he will do, he has put a limit on what he can do,” he wrote in one of his bestsellers on investing.
NFO Watch: Bank of India Mutual Fund launches business cycle fund
The fund aims to identify and invest in sectors and companies that are at the cusp of entering expansionary phase or are already in a long term expansionary phase. The fund will follow a dynamic top-down approach for portfolio construction.