Saregama India acquires 51% stake in Pocket Aces for ₹174 cr; stock rises 4%
Pocket Aces is the parent company of digital content channels such as FilterCopy, Nutshell, Gobble and Dice Media, amongst others.
stocks
September 2023
Vedanta shares rise 2% after hitting 52-week low in previous session: here’s why
Vedanta plans to restructure its businesses such as aluminum, iron & steel, and oil & gas into separate listed entities, which could help its parent company manage its debt load.
Vedanta shares hit 52-week low after Moody’s downgrades ratings
On Wednesday, the share price of the metals-to-oil major plunged as much as 6.2% to hit a 52-week low of ₹210.
From ₹1,200 to ₹5,801: This midcap stock surges 383% in a year
The stock touched a fresh all-time high today ahead of its board meeting on September 28 to consider fund raising plans.
Tata Steel shares surge 2% on rating upgrade
Moody's has also changed the outlook of Tata Steel from ‘stable’ to 'positive.'
M&M's Canada-based associate firm files for winding up; stock drops 3%
Upon liquidation of Resson Aerospace, M&M is entitled to receive around ₹28.7 crore as distribution of proceeds towards Class C preferred shares held by the company.
HDFC AMC gets RBI nod to buy stake in Karur Vysya Bank, DCB Bank; stocks rise up to 4%
HDFC AMC has received the RBI approval to acquire up to 9.5% stake each in Karur Vysya Bank and DCB Bank
SpiceJet completes payment of $1.5 mn to Credit Suisse; share rises 4%
“SpiceJet has complied with the directive of the Supreme Court by remitting $1.5 million to Credit Suisse,” the airline says in an exchange filing.
Meet the Small Cap Czar of India who redefined Value Investing
Let’s see how Manish Goel, a value investor, commenced his value investing journey and became one of the leading small cap investor in the country.
Tata Steel shares hit 52-week high on reports of £500-mn deal with U.K. govt
The Tata Group firm is in negotiations with the British government to raise capital to secure the future of Port Talbot steelworks in South Wales.
