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Analysts at Bernstein brokerage have issued a 'Buy' recommendation for Zomato stock, setting a target price of ₹230 per share. They highlight the company's market leadership, pricing power, and reduced delivery costs as key factors contributing to
On June 21, shares of JM Financial fell by up to 2, following a directive from the Securities and Exchange Board of India (SEBI). SEBI instructed JM Financial to stop accepting new mandates as a lead manager in public issues of debt securities until
On June 21, 9.3 of Aster DM Healthcare's equity was sold for ₹1,607 crore through block deals, likely involving PE firm Olympus selling part of its remaining stake in the company. Previously, on June 20, Moneycontrol had reported that Olympus i
On June 21, the Nifty reached a new all-time high, primarily driven by an increase in IT stocks. This surge followed Accenture's announcement of higher-than-anticipated annual revenue growth, fueled by the rising demand for its artificial intelligenc
About the Stanley Lifestyles IPO The Stanley Lifestyles IPO will be a combination of a fresh issue of shares and offer for sale (OFS) component. The fresh issue brings in fresh funds into the company, but is also EPS and equity dilutive. The OFS i
Winny Immigration IPO - Day-3 Subscription at 150.21 times As of 6.58 pm on 24th June 2024, out of the 6.18 lakh shares on offer in the IPO (excluding the market maker portion), Winny Immigration and Education Services saw bids for 928.30 lakh sha
Dindigul Farm Products IPO - Day-3 Subscription at 202.42 times As of 6.55 pm on 24th June 2024, out of the 42.90 lakh shares on offer in the BSE SME IPO (excluding the market maker portion and the anchor allocation done), Dindigul Farm Products (
Mutual funds have been aggressively buying shares of HDFC Bank Ltd, the largest lender in India by market valuation. In May alone mutual funds purchased shares worth ₹7,600 crore, marking the fifth consecutive month of buying. Here’s a breakdo
"Vodafone has been trying to refinance large outstanding loan for which it had received ultimatum from lenders while simultaneously negotiating with lenders for extension of repayment deadline," sources revealed. One of main causes of UK's Vodafon
About Vraj Iron and Steel Ltd Vraj Iron and Steel Ltd was incorporated in the year 2004 and was formerly known as Phil Ispat Private Ltd. Vraj Iron and Steel Ltd has currently 2 manufacturing units at Raipur and Bilaspur in the state of Chhattisga
Calculate On June 20, during block transaction window, Gain Technologies saw exchange of almost 21.6 lakh shares valued at ₹ 161 crore at price of ₹ 745 per share. Rategain Travel Technologies' share price saw 3 percent increase to ₹ 77
On 20 June, PNB Housing Finance share price dropped sharply by over 4 to ₹801 per share. This decline followed a block deal where approximately 1.36 crore shares equivalent to 5.2 of the company's equity changed hands in multiple transactions.
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