Vodafone Thought FPO sees muted response on day 1

Vodafone Thought’s follow-on public supply (FPO) is off to a cautious begin on day one, with simply 26 per cent of the shares on supply being subscribed. Additionally learn:Institutional traders warming as much as Voda Thought FPO? In accordance with the Bombay Inventory Change information, on the finish of day 1, the quota for certified … Read more

TCS stake sale and what it means for Tata Chemical compounds

Hypothesis on doubtless itemizing of Tata Sons has undergone a number of rounds of hypothesis within the final one month, every time impacting the inventory worth of Tata Chemical compounds otherwise. The story began with the hypothesis of Tata Sons IPO itemizing owing to regulation related to ‘higher layer NBFC’. Tata Chemical compounds which owns … Read more

Tata Chemical substances and its stake in Tata Sons: Is the current upside in shares justified?

Hypothesis on doubtless itemizing of Tata Sons has resonated in group shares within the final two weeks and extra so on the inventory of Tata Chemical substances. Within the final two weeks, Tata Chemical substances inventory has rallied 40 per cent from Feb-29 to Mar-7 and has shed 11 per cent at the moment, gaining … Read more

SEBI notifies laws for small and medium REITs

Securities and Change Board of India has notified the laws for small and medium actual property funding trusts and specified that funding managers of such REITs ought to have a minimal internet price of ₹20 crore and the REITs can elevate a minimal of ₹50 crore from a minimum of 200 unit holders. Additionally learn: … Read more

Inventory to purchase right now: Coromandel Worldwide (₹1161.3)

Coromandel Worldwide’s inventory has been in an uptrend since April this yr. It bounced off the assist at ₹850 and has been appreciating since then. Whereas there was a minor correction within the second half of final month, the downswing was solely short-lived. Final week, the inventory rallied and closed above a hurdle at ₹1,145. … Read more

Worth shopping for or FOMO? Traders flock to purchase shares offered by MNC dad and mom in Indian arm 

The home entities are most well-liked regardless of premium valuations and unsure prospects as a result of, in keeping with one analyst, investor imagine they are often market leaders domestically. #shopping for #FOMO #Traders #flock #purchase #shares #offered #MNC #dad and mom #Indian #armÂ

Zee Leisure denies studies of monetary irregularities amidst inventory decline

Shares of Zee Leisure Enterprises Ltd (ZEEL) tumbled 12 per cent within the mid-session commerce on Wednesday amid studies that SEBI has discovered monetary discrepancies within the accounts of the corporate. The inventory of the corporate nosedived 11.58 per cent to ₹170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to ₹170.70 per … Read more