Goldman Sachs on Wednesday bought shares worth Rs 106 crore in Akzo Nobel India in a bulk deal, while its promoter Imperial Chemical Industries offloaded nearly 41 lakh shares worth Rs 1,296 crore.Goldman Sachs bought nearly 3.36 lakh shares in the company through its subsidiary Goldman Sachs Funds-Goldman Sachs India Equity Portfolio at a price […]
Shares of HDB Financial Services are down about 10% from their post-listing peak, but Jefferies is betting the pullback will give investors a second look at the non-banking finance company, which debuted on Dalal Street this year and backed the stock with a ‘Buy’ rating and a price target of Rs 900 as growth improves […]
Shares of RailTel Corporation of India rose as much as 2% to an intraday high of Rs 338.55 on the BSE on Wednesday, December 17, amid reports that the state-owned telecom and ICT services provider is in talks with Elon Musk-owned Starlink for a possible partnership in India.The development comes as Starlink gears up for […]
Ace investors Vijay Kedia on Tuesday bought nearly 9 lakh shares of SME stock Mahamaya Lifesciences in a block deal. The shares were purchased at a price of Rs 140 each, taking the transaction value to Rs 12.48 crore.Kedia bought the shares through his investment company Kedia Securities Private Ltd at a discount of 2.8% […]
Mahamaya Lifesciences’ IPO worth Rs 70.44 crore will open for subscription on Tuesday, against the backdrop of a cautious gray market. The IPO, which will close on November 13, is offered in the price range of Rs 108-Rs 114 per share and the shares are proposed to be listed on the BSE SME platform on […]