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Source: Live Mint Amid the ongoing market downturn, veteran global fund manager Chris Wood of Jefferies has made adjustments to his India long-only portfolio. Portfolio Changes In his latest “GREED & FEAR” note, Wood announced the inclusion of InterGlobe Aviation Ltd., the operator of IndiGo, with a 4 percent weighting in the India long-only portfolio….
Source: Live Mint Shares of Granules India tumbled nearly 8 percent in intra-day trade on February 28, 2025, after the United States Food and Drug Administration (US FDA) issued a warning letter to the company’s Gagillapur facility. US FDA Warning and Regulatory Impact In a regulatory filing, Granules India confirmed that the US FDA issued…
Source: Live Mint Shares of Sunteck Realty recovered from its 52-week low on Thursday after its promoter raised stake in the real estate firm. Sunteck Realty’s promoter group has increased its stake in the company through open market purchases. As per regulatory filings, the promoters acquired an additional 19,400 equity shares, raising their shareholding from…
Source: Live Mint HDFC Mutual Fund has raised its stake in midcap stock BEML to 7.37 percent from 5.23 percent earlier. According to the disclosure, HDFC Mutual Fund, through its various schemes, acquired an additional 8,49,308 equity shares of BEML Limited. Before the acquisition, the fund’s holding stood at 5.23 percent, representing 21,79,541 shares with…
Source: Live Mint Smallcap stock Welspun Specialty Solutions was in focus after the company board approved raising funds up to ₹350 crore by way of a rights issue. “This is further to the meeting of the Board of Directors of the Company (the “Board”) held on January 27, 2025, approving the issuance of equity shares…
Source: Live Mint Vedanta Ltd., a leading private-sector mining giant last week secured approval from its shareholders and creditors to proceed with its much-anticipated demerger plan. The restructuring will result in the creation of five independent, sector-specific entities and the management expects the demerger process to be finalized by the first quarter of the financial…
Source: Live Mint Mumbai [India], : Indian stock markets on Wednesday opened lower despite mixed global cues and uncertainties and US tariff concerns announced by President Donald Trump. At the opening of the trading session today, the BSE Sensex was down, opening at 75,787.27. The Nifty 50 at the National Stock Exchange opened in red…
Source: Live Mint Shares of Senco Gold extended their sharp decline on February 17, tumbling nearly 15 percent to its 52-week low after the jewellery retailer reported a steep drop in profitability for the December quarter (Q3FY25). This follows a 20 percent decline in the previous session on February 14, bringing the total two-session loss…
Source: Live Mint Ajax Engineering IPO listing: Ajax Engineering shares make a weak debut on Monday, February 17, listing at ₹576 on NSE, a discount of 8.43 percent versus its IPO price of ₹629. Meanwhile, on BSE, it listed at ₹593, down 5.7 percent from IPO price. Ajax Engineering s initial public offering (IPO), valued…
Source: Live Mint Shares of Vakrangee, a LIC-backed penny stock, were locked in their 5 percent upper circuit at ₹16.71 on Friday, February 14, following the Reserve Bank of India’s (RBI) decision to renew its authorisation for White Label ATMs. This marked the second consecutive session that the stock hit its upper circuit. In an…
