Latest Stock Market News

Oyo is looking to raise more than $900 million through fresh issuance of shares while the rest of it would be through secondary share sale via an offer for sale.

The rally in PSUs typically comes at the fag end, after all the sectors have gone up, says Sandip Sabharwal

Minda Industries Ltd. key Products/Revenue Segments include Electronic Components, Sale of services, Other Operating Revenue for the year ending 31-Mar-2021.

The global crypto market cap was almost flat, marginally up, to $1.92 trillion compared to the last day. Similarly, the total crypto market volume tanked about 12 per cent to $82.83 billion.

A total of 3,073 shares changed hands on the counter till 11:32AM (IST)

Bata India Ltd., incorporated in the year 1931, is a Large Cap company (having a market cap of Rs 23525.68 Crore) operating in Leather sector.

By 10.55 am, the issue saw applications for 3,33,40,880 shares against the issue size of 2,77,99,200 shares. This implies a subscription of 1.2 times.

The stock traded at a P/E multiple of 42.27, while the price-to-book value ratio stood at 36.38.

“The right thing for the board to have done was to be proactive in terms of looking at what the investors want. Mind you, this is an 18% shareholder with a market of Rs 5,000 crore at stake, who is asking for the removal of a Managing Director,” says Hetal Dalal.

Byju Raveendran & family’s wealth stood at Rs 24,300 crore, according to the IIFL Wealth Hurun India Rich List 2021. This makes them the 67th richest Indians.