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With the IPO being oversubscribed more than thirty times, he got an allotment of shares worth over Rs 3 crore. On 23 July 2021, when the new-age stock debuted on exchanges at Rs 115 per share against the issue price of Rs 76 per share, he sent a mandate to his wealth managers to sell all his shares.

Following this, the Adani Group became the single largest shareholder in NDTV after first buying out a company backed by the founders and then acquiring more shares from the open market. “With mutual agreement, we have decided to divest most of our shares in NDTV to the AMG Media Network,” the Roys said in the release.

Out of the cumulative Rs 11 lakh crore garnered till mid-December this year, funds totalling Rs 6.92 lakh crore were mopped up from the debt market, Rs 1.62 crore came from the equity market and Rs 2.52 lakh crore via the overseas route, data compiled by analytics major Prime Database showed.

The currency gained slightly at the open as Asian currencies and stocks rose, taking heart from U.S. data on Friday showing inflation cooled in November, which could likely discourage the Federal Reserve from hiking interest rates sharply.

“It is business as usual and it will be done by us. They are taking this to increase their bandwidth and also for us to develop the revenues and will be EPS accretive. All these things will come and create value for us and to the shareholders and mainly the customers who will get more offerings from our platforms.”

Garden Reach Shipbuilders & Engineers, incorporated in the year 1934, is a Small Cap company (having a market cap of Rs 4881.06 Crore) operating in Shipping sector.

Despite seeing a dent in earnings performance due to the spike in raw material prices and subdued international demand in 2022, shares of the country’s largest steelmaker have given positive returns for three consecutive years.

The strong credit growth and a major clean-up of the balance sheet drove public sector stocks, while the government’s push to increase spending on infrastructure and domestic manufacturing propelled the railways and defence sector outlook.

Bitcoin rose 0.31% and held near the $17,000 mark, whereas Ethereum was comfortably trading above $1,200 levels. At the same time, Litecoin outperformed its larger peers and was up 5%.

Higher lows over three months and support buyingseen near 1200 zones making room for upside.