Tag: share

Rubrik Files for 23M Share IPO at $28-$31/sh

 stock analyst  04/16/2024  0 Comments on Rubrik Files for 23M Share IPO at $28-$31/sh

Rubrik (RBRK) has filed for 23,000,000 share IPO at $28-$31 per share.

Radhakishan Damani buys Rs 86 crore worth of shares in VST Industries, stock up 3%

 stock analyst  04/16/2024  0 Comments on Radhakishan Damani buys Rs 86 crore worth of shares in VST Industries, stock up 3%

According to bulk deal data on BSE, the DMart founder bought an additional 1.51% stake in the cigarette maker for a total amount of Rs 86.26 crore through open market deals. The ace investor bought 2.33 lakh shares in the company at Rs 3,689.96 per share.

Sterlite Technologies stock rallies 7% after completion Rs 1000 crore QIP

 stock analyst  04/16/2024  0 Comments on Sterlite Technologies stock rallies 7% after completion Rs 1000 crore QIP

The share price of Sterlite Technologies Ltd (STL) rallied 7.5% to Rs 144.80 after the company announced the completion of Rs 1000 crore fund raise through Qualified Institutional Placement (QIP) route.

Mukesh Ambani-owned company\’s shares surge 14% ahead of Q4 results

 stock analyst  04/16/2024  0 Comments on Mukesh Ambani-owned company\’s shares surge 14% ahead of Q4 results

​The shares of RIL-owned chocolate manufacturer, Lotus Chocolate rallied 14% to hit a 52-week high of Rs 470 on BSE in Tuesday\’s trade ahead of its Q4 results which are due later today.

GQG increases stake in Patanjali Foods by nearly 4 times, stock jumps 5.3%

 stock analyst  04/16/2024  0 Comments on GQG increases stake in Patanjali Foods by nearly 4 times, stock jumps 5.3%

GQG had invested around Rs 2,400 crore for acquiring a 5.96% stake in the offer for sale of Patanjali in July 2023. The US-based investment firm has been increasing its exposure to India after investing in the Adani group. It holds positions in companies including ITC and Sun Pharmaceutical Industries.

RIL to announce Q4 results, consider dividend on April 22

 stock analyst  04/16/2024  0 Comments on RIL to announce Q4 results, consider dividend on April 22

Reliance Industries Ltd to announce March quarter results on April 22, including potential dividend approval. Analysts anticipate profit decline and revenue growth. O2C business is expected to see refining throughput decline and GRM increase.

Aster DM Healthcare shares jump 14%, hit fresh record high on special dividend announcement

 stock analyst  04/15/2024  0 Comments on Aster DM Healthcare shares jump 14%, hit fresh record high on special dividend announcement

Aster DM Healthcare\’s Board approved the declaration of a special dividend of Rs 118/share payable to those shareholders whose names stand on the register of members of the company as of the record date of April 23, 2024

ONGC shares jump 5% after Jefferies initiates buy call with Rs 390 target price

 stock analyst  04/15/2024  0 Comments on ONGC shares jump 5% after Jefferies initiates buy call with Rs 390 target price

While noting that the reforms in crude and gas pricing have improved the company\’s profitability above past decade averages, Jefferies expects strong free cash flow generation and consolidated net debt reduction on profitable production growth over FY 24-26.

Mutual funds buy 19.71 crore shares of ITC in March

 stock analyst  04/15/2024  0 Comments on Mutual funds buy 19.71 crore shares of ITC in March

Fund houses together owned 140.91 crore shares of ITC as of March-end. In value terms, the ITC shares worth Rs 11,120 crore were bought by MFs taking the total value of these shares to Rs 60,360 crore.

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.30%

 stock analyst  04/15/2024  0 Comments on Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.30%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Financial Services, Cement and Retail sectors led shares lower.

TCS in for some bounce after a good Q4 show

 stock analyst  04/15/2024  0 Comments on TCS in for some bounce after a good Q4 show

\”While the revenue was lower than our expectations, the margin improvement and deal wins remained robust, driven by better utilisation of resources,\” said Sumit Pokharna, IT analyst at Kotak Securities. \”In the near term, the stock is likely to move up as the numbers are good.\”

When Bharat places a buy on India, D-Street can thank discount brokers

 stock analyst  04/15/2024  0 Comments on When Bharat places a buy on India, D-Street can thank discount brokers

The Big Four in this business – Groww, Zerodha, Angel One, and Upstox – continue to displace traditional brokers with a 63% combined market share of active clients by the end of FY24, up 4 percentage points in a year, showed NSE data.