The Rs 10,000 crore buyback program, which equates to approximately 2.4% of outstanding shares at a maximum price of Rs 3,000 per share, improves L&T’s confidence. It is still Citi’s top pick for the medium term. The market capitalization of engineering giant Larsen & Toubro reached Rs 4 lakh crore on September 7 due to…
Vikas Lifecare shares are one of the penny stocks under 10 rupees, and the small-cap firm may have more stock float in the approaching times. The board of directors of the penny stock under 10 has approved the issuance of an additional 10 crore warrants convertible into stocks on a preferential basis. The preferred shares…
BSE’s derivative market share 3.4 percent of the market for stock futures was held by BSE in August (up from 0 percent in April). BSE has seen early success in the much larger equity derivatives market, which is currently dominated by NSE. Its market share is anticipated to reach around 10% in Q4 FY24, driven…
