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Source: Live Mint Indian telecom major Bharti Airtel Limited announced on Friday, February 21, that it has decided to increase its stakeholding by up to 5 per cent in the Airtel Africa business, according to an exchange filing. The parent company is increasing its stakeholding via a step-down subsidiary, Airtel Africa Mauritius Limited (AAML), which…
Source: Live Mint Domestic rating agency firm ICRA expects the revenue growth of the Indian auto component industry (represented by a sample of 46 auto ancillaries with aggregate annual revenues of over ₹3,00,000 crore in FY2024, accounting for close to 50% of the industry) to ease to 7-9% in FY2025 and 8-10% in FY2026, from…
Source: Live Mint Stock market today: Anand Rathi Wealth on Friday, February 21 announced that its Bonus Allotment Committee has finalised March 5 as the record date for the bonus share issue in the ratio of 1:1. “Pursuant to Regulation 42 of SEBI (LODR) Regulations, 2015, we hereby inform you that the Bonus Allotment Committee…
Source: Live Mint Indian auto stocks came under significant selling pressure in today’s trading session, February 21, with the Nifty Auto index dropping 2.9% to touch a 10-month low of 21,435. Fourteen out of 15 constituents of the index traded in the red, with M&M emerging as the biggest laggard, dropping 6%, followed by TVS…
Source: Live Mint The Indian stock market continued its downward trajectory for the fourth consecutive session on Friday, weighed down by weak global cues. Benchmark indices, Sensex and Nifty 50, declined over 0.5% on February 21, driven by heavy selling in auto, pharmaceutical, financial, and FMCG stocks. The 30-share BSE Sensex fell by 560 points…
Source: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday following losses in global markets amid weak investor sentiment. Asian markets traded lower, while the US stock market declined overnight amid dampened risk-appetite. On Thursday, the Indian stock market ended lower, with…
Source: Live Mint Breakout stocks to buy or sell: Indian benchmark indices closed lower on Thursday, pressured by declines in major banks and automaker Maruti Suzuki, while investor sentiment remained subdued amid uncertainty over U.S. tariff policies. The BSE Sensex declined by 203.22 points (0.27%) to settle at 75,735.96, while the Nifty 50 index dropped…
Source: Live Mint Indian stock market: Indian indices – Nifty50 and Sensex – ended Thursday’s session in red once again, dragged by selling pressure in financial and IT stocks. The Indian stock market continued with its downward trajectory for third session straight, however, losses were limited on February 20. The Nifty 50 closed the session…
Source: Live Mint Indian stock market: Despite weakness in the Indian stock market, as many as 14 stocks listed on the Bombay Stock Exchange (BSE) hit upper circuit limits in Thursday’s trading session. Zaggle Prepaid Ocean Services, Orient Technologies, Indo Tech Transformers, Madhucon Projects, Avalon Technologies, Veritas India, Meera Industries, Ken Financial Services, Sungold Capital,…
Source: Live Mint HP Telecom India IPO: The initial public offer (IPO) of HP Telecom India, a mobile phone and accessory distributor, opened for subscription on Thursday, February 20. The three-day public offer will close for bidding on Monday, February 24. HP Telecom India IPO is priced at ₹108 per share. The company is looking…
