Samayat Services LLP, the promoter of Vishal Mega Mart, is expected to sell a 6.5% stake in the company through a block deal. The shares are likely to be sold at a price of Rs 115 each, which implies a discount of 10% to today’s closing price, according to the ET Now report.Samayat Services held […]
India’s major indices Nifty and Sensex closed largely unchanged on Thursday as selling pressure on financial stocks limited gains in auto and FMCG stocks. HDFC Bank, which has the highest weightage in Nifty after Reliance Industries (RIL) emerged as the biggest laggard. The broader Nifty rose 14 points, or 0.06%, to close at 25,496.55, while […]
Home First Finance Company India’s promoter entities Aether (Mauritius) Limited and True North Fund V LLP sold shares worth Rs 326 crore and Rs 334 crore in separate bulk deals today Thursday. The buyers were the French multinational bank Societe Generale and PICTET – Indian Equities.Together they sold shares worth Rs 660 crore. The stock […]
Bandhan Bank reported a 52% decline in third quarter net profit at Rs 206 crore, compared to Rs 427 crore in the year-ago period, due to a decline in both core and other revenues.Operating profit was 29% lower at Rs 1,445 crore, compared to Rs 2,021 crore. Net interest income down 4.5% at Rs 2,688 […]