Latest Stock Market News
Listed small finance banks on a high with better asset quality, profitabilityUpdated at : 2023-12-19 01:35:01 Rate this item (1 Vote)Equitas and Ujjivan lead the show with more than 80% jump in market capitalisation this year while Suryoday bounced back after dips in the previous two years. AU, already enjoying a high valuation, has delivered a consistent performance. |
SunPower shares slide 23% after raising going-concern doubtsUpdated at : 2023-12-19 01:35:01 Rate this item (1 Vote)The company said in a regulatory filing that lenders may demand immediate payment of $65.3 million in debt after it failed to file its third-quarter results on time. SunPower said it was currently in talks with the lenders for a waiver, adding that if it failed to secure one, it would not have sufficient funds for its day-to-day operations. |
Adani Green Energy sets up 4 step down subsidiariesUpdated at : 2023-12-18 22:30:02 Rate this item (1 Vote)In a regulatory filing on Monday, Adani Green Energy said its wholly-owned subsidiary Adani Renewable Energy Holding Nine Ltd has incorporated four wholly-owned subsidiaries on December 18. |
US stocks open higher, all eyes on economic dataUpdated at : 2023-12-18 22:30:02 Rate this item (1 Vote)The Dow Jones Industrial Average rose 34.98 points, or 0.12%, at the open to 37,352.14. |
Yen clings on to gains ahead of key BOJ decision; dollar slipsUpdated at : 2023-12-18 22:30:02 Rate this item (1 Vote)The recent burst of risk appetite has given the Australian and New Zealand dollars in particular a leg up, with both nudging towards five-month highs on Monday |
Samara Capital exits Sapphire Foods via open mkt sale; Piramal Enterprises sells 3.4% in Archean ChemicalUpdated at : 2023-12-18 22:30:02 Rate this item (1 Vote)Private equity firm Samara Capital exited the company through the sale of its entire 0.7% stake or 4,49,999 shares for around Rs 63 crore, bulk deals data on the BSE showed. The shares were sold at Rs 1,400 apiece. Meanwhile, in Archean Chemical Industries, Piramal Enterprises sold 3.4% stake through the open market for around Rs 252 crore, bulk deals data on the NSE showed. |
Oil jumps more than 3% on Red Sea tanker attack, reroutingsUpdated at : 2023-12-18 22:30:02 Rate this item (1 Vote)A Norwegian-owned vessel was attacked in the Red Sea on Monday and oil major BP said it has temporarily paused all transits through the body of water. Other shipping firms said over the weekend that they would avoid the route. |
Edelweiss Alternative Asset Management to sell up to 20% stake for Rs 1,500-2,000 croreUpdated at : 2023-12-18 22:30:02 Rate this item (1 Vote)The company added that this minority stake sale will enable debt reduction and establish the market value of the business per their longstanding objective of unlocking value for shareholders. |
Happy Forgings, RBZ Jewellers and Credo Brands IPOs to open on Tuesday. What GMP indicates ahead of subscriptionUpdated at : 2023-12-18 22:30:02 Rate this item (1 Vote)Ahead of the IPO opening, Happy Forgings is trading at a premium of Rs 440 in the unlisted market as against an issue price of Rs 850. Credo Brands is commanding a premium of Rs 125, compared with an upper price band of Rs 280. |
ET Market Watch: Sensex falls 169 pts, Nifty at 21,418; IT and bank stocks dragUpdated at : 2023-12-18 21:10:02 Rate this item (1 Vote)
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