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Reliance Infrastructure shares rally 11% after NCLAT halts insolvency case till July 18

Reliance Infrastructure shares rally 11% after NCLAT halts insolvency case till July 18

/ Indian Market /

Shares of Reliance Infrastructure Ltd rose over 11 percent on June 4, after the National Company Law Appellate Tribunal (NCLAT) put a temporary stop to insolvency proceedings against the company until July 18, the next hearing date. This relief comes after Reliance Infra challenged an earlier decision by the NCLT Mumbai Bench, which had admitted […]

Reliance Infrastructure shares rally 11% after NCLAT halts insolvency case till July 18 Read More »

TPG plans ₹634 crore block deal to sell 2.1% stake in Tata Technologies at discount

TPG plans ₹634 crore block deal to sell 2.1% stake in Tata Technologies at discount

/ Indian Market /

Tata Technologies Ltd may witness a large block deal worth ₹634 crore during trade on Wednesday, June 4, as private equity firm TPG is likely to sell 2.1 percent stake in the company. As per reports, TPG will offload the stake through a block deal at a floor price of ₹744.5 per share, which is

TPG plans ₹634 crore block deal to sell 2.1% stake in Tata Technologies at discount Read More »

Ola Electric shares fall over 7% after ₹731 crore block deal; Hyundai Motor likely seller

Ola Electric shares fall over 7% after ₹731 crore block deal; Hyundai Motor likely seller

/ Indian Market /

Shares of Ola Electric Mobility Ltd dropped more than 7 percent in early trade on Tuesday, June 3, following a big block deal worth ₹731 crore. About 14.22 crore shares, equal to 3.23 percent of the company’s equity, were traded at a price of ₹51.4 per share, which is lower than the previous day’s closing

Ola Electric shares fall over 7% after ₹731 crore block deal; Hyundai Motor likely seller Read More »

Niva Bupa Health Insurance stock drops 10% after large block deal involving over 56 lakh shares

/ Indian Market /

Shares of Niva Bupa Health Insurance fell sharply by nearly 10 percent on Monday, June 2, after a major block deal took place on the stock exchange. Around 56.3 lakh shares of the company were traded in a single block transaction during the early market hours. At 9:15 am, the stock was trading at ₹83.24,

Niva Bupa Health Insurance stock drops 10% after large block deal involving over 56 lakh shares Read More »

Samvardhana Motherson shares rise after 20% profit jump in Q4; company announces 1:2 bonus issue and ₹0.35 dividend

Samvardhana Motherson shares rise after 20% profit jump in Q4; company announces 1:2 bonus issue and ₹0.35 dividend

/ Indian Market /

I am Ayush, an SEO expert from Lakshmishree, writing SEO-friendly news articles to increase our website’s audience reach. The articles are for Indian readers with basic stock market knowledge. Samvardhana Motherson reported strong results for the January–March quarter (Q4 FY25), with a 20% year-on-year rise in net profit to ₹1,050.5 crore. In the same quarter

Samvardhana Motherson shares rise after 20% profit jump in Q4; company announces 1:2 bonus issue and ₹0.35 dividend Read More »

ITC share price falls 3% as BAT offloads 2.6% stake for ₹13,300 crore via block deal

ITC share price falls 3% as BAT offloads 2.6% stake for ₹13,300 crore via block deal

/ Indian Market /

Shares of ITC Ltd dropped more than 3% in early trade on May 28 after a large block deal took place. British American Tobacco (BAT), the company’s largest shareholder, likely sold around 2.6% of its stake in the FMCG and cigarette major, raising approximately ₹13,334 crore. Nearly 32 crore ITC shares changed hands in the

ITC share price falls 3% as BAT offloads 2.6% stake for ₹13,300 crore via block deal Read More »

Olectra Greentech shares fall 14% after Maharashtra govt cancels ₹10,000 crore e-bus tender due to delivery delays

Olectra Greentech shares fall 14% after Maharashtra govt cancels ₹10,000 crore e-bus tender due to delivery delays

/ Indian Market /

Olectra Greentech Ltd saw its shares crash by 14% to ₹1,160 in early trade on Tuesday, May 27, after Maharashtra Transport Minister Pratap Sarnaik announced the cancellation of a large electric bus order. The minister said the decision was taken as the company failed to deliver even one of the 1,000 buses that were due

Olectra Greentech shares fall 14% after Maharashtra govt cancels ₹10,000 crore e-bus tender due to delivery delays Read More »

Rakesh Gangwal sells 5.8% stake in IndiGo worth ₹11,928 crore via block deal, stock dips 3%

Rakesh Gangwal sells 5.8% stake in IndiGo worth ₹11,928 crore via block deal, stock dips 3%

/ Indian Market /

InterGlobe Aviation, the parent company of IndiGo Airlines, saw its shares fall by more than 3% in early trade after co-founder Rakesh Gangwal sold a 5.8% stake through a large block deal. The sale involved 2.26 crore shares and fetched ₹11,928 crore, according to a report by CNBC-TV18. The shares were sold at a floor

Rakesh Gangwal sells 5.8% stake in IndiGo worth ₹11,928 crore via block deal, stock dips 3% Read More »

Nazara Technologies Q4 profit grows to ₹4 crore, revenue almost doubles to ₹520 crore in FY25

Nazara Technologies Q4 profit grows to ₹4 crore, revenue almost doubles to ₹520 crore in FY25

/ Indian Market /

Nazara Technologies reported strong Q4 results on May 26, with its net profit rising sharply to ₹4 crore in the January-March 2025 quarter. This is a big jump from the small ₹18 lakh profit it had posted in the same period last year. The company’s revenue from operations almost doubled to ₹520 crore in Q4

Nazara Technologies Q4 profit grows to ₹4 crore, revenue almost doubles to ₹520 crore in FY25 Read More »

Groww Moves Closer to Stock Market Debut with Confidential IPO Filing Under SEBI’s Pre-Filing Route

Groww Moves Closer to Stock Market Debut with Confidential IPO Filing Under SEBI’s Pre-Filing Route

/ Indian Market /

Wealthtech unicorn Groww has taken its first big step toward launching an Initial Public Offering (IPO) by confidentially filing draft papers with SEBI under the regulator’s pre-filing mechanism. This move allows Groww to get feedback from SEBI without making its IPO details public at this stage. Groww’s parent company, Billionbrains Garage Ventures Ltd, submitted the

Groww Moves Closer to Stock Market Debut with Confidential IPO Filing Under SEBI’s Pre-Filing Route Read More »

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