Bharti Hexacom shares: In Tuesday’s trading session, the shares of Bharti Hexacom Ltd saw a notable surge of 8.82%, reaching a peak value of Rs 877. This price was only 0.33% shy of its highest level on the listing day, which stood at Rs 879.90. The stock had a robust debut on D-Street last Friday,…
Jio Financial Services saw a 5% uptick, reaching an intra-day peak of Rs 371.95, following its partnership announcement with BlackRock, a US-based company. In an exchange filing on Monday, Jio Financial revealed that it had inked a deal with BlackRock to venture into wealth management. This agreement entails establishing a wealth management firm and subsequently…
Byju’s can breathe a sigh of relief as the majority of shareholders in the edtech firm have given their nod to the resolution, allowing the company to boost its authorized share capital by absorbing $200 million raised through a rights issue. However, it’s worth noting that a faction of investors opposed the Extraordinary General Meeting…
TCS shares: Tata Consultancy Services (TCS) shares surged today (April 15) following the company’s announcement of its quarterly profit for the period ending March 2024, made on Friday. TCS revealed its highest EBIT margin in three years, coupled with a remarkable $13.2 billion in deal wins, setting a new record. April 15 share price of…
Jio Financial Services Ltd witnessed a significant decline in its shares during Monday’s trading session. The stock experienced a sharp slump of 5.73 percent, reaching a daily low of Rs 351. This marks a 7.32 percent drop from its recent all-time high of Rs 378.70, which was recorded earlier this month on April 8th. Technical…
Vodafone Idea FPO: Kotak Institutional Equities hailed Vodafone Idea’s Rs 18,000 crore follow-on public offer (FPO) as a positive step forward. In their latest note, they emphasized that this move is poised to address the network coverage gap and enhance Vodafone Idea’s competitiveness against its peers to some extent. With a significant decrease in bank…
Amazon Pay is collaborating with the National Payments Corporation of India (NPCI) to introduce credit options for customers on the unified payments interface (UPI). Vikas Bansal, the whole-time director of Amazon Pay India, emphasized that their objective is to innovate in collaboration with NPCI. Introducing credit on UPI is a significant initiative, and they are…
TCS stock price: Following the announcement of Q4 results 2024 on Friday, the spotlight will be on Tata Consultancy Services (TCS) shares come Monday. Surpassing market estimates, the Indian IT giant disclosed a consolidated net profit of ₹12,434 crore for Q4FY24, marking a 9 percent increase from the previous year’s net profit of ₹11,392 crore…
TCS CEO: Tata Consultancy Services’ Chief Operating Officer (COO) and Executive Director, N Ganapathy Subramaniam, will retire next month, the company stated on April 12. The largest software services exporter in India stated that it has no intentions to designate a replacement for Subramanian and will instead redistribute the responsibilities. “At a press conference following…
Bharti Hexacom: On April 12, Bharti Hexacom’s shares marked a notable entry into the market, debuting with a 32.4 percent premium at Rs 755, compared to the IPO price of Rs 570. This exceeded analysts’ expectations of a 12-15 percent premium. Bharti Hexacom’s Rs 4,275-crore IPO, which stands as India’s largest public issue in the…
