Shares of retailer Kalyan Jewelers India hit the 10% upper limit on BSE, rising to Rs 417.75 after the jeweler’s blockbuster third-quarter profit triggered a flurry of bullish brokerage calls with price targets as high as Rs 750, a potential upside of 80% from current levels.The shares remained stuck after the company reported a staggering […]
The Indian market ended higher on Thursday with the Sensex and Nifty posting a three-day losing run, supported by global risk-on sentiment that revived buying interest across sectors. Both benchmarks had gained nearly 1% in early trade with the Sensex surging over 800 points while the Nifty 50 regained the 25,400-point mark before posting some […]
The Indian market ended lower for the third straight session on Wednesday, deepening a sharp market rout that has wiped out nearly Rs 14 lakh crore of investor wealth. The sell-off, triggered by global unrest and uneven corporate earnings, saw the benchmark Sensex fall over 1,660 points in three sessions, while the Nifty 50 fell […]
Deepa Jewelers has filed preliminary papers with market regulator Sebi to raise money through an Initial Public Offer (IPO).The proposed IPO of the Hyderabad-based company will be a combination of a fresh issue of shares worth Rs 250 crore along with an offer for sale of 11,848,340 shares by promoters – Ashish Agarwal and Seema […]