HDFC Mutual Fund has purchased 1.58% shares in the company at an average price of Rs 731 per share. High net worth individual Shah Sanjiv Dhireshbhai has sold 0.6% stake at an average price of Rs 731.01 per share.
Franklin Templeton Mutual Fund has acquired an additional 0.8% stake in the company at an average price of Rs 1,000.04 per share. Meanwhile, high net worth individual Rakesh Shah has sold a 1.47% stake at an average price of Rs 1,000.12 per share.
Hatsun Agro Product, Den Networks, Udaipur Cement Works, Unichem Laboratories, Lupin, Ujaas Energy, and Century Textiles & Industries will also be in focus on Tuesday….Read More
Balrampur Chini Mills, Bandhan Bank, Indian Energy Exchange, Piramal Enterprises are out of the F&O ban
Hindustan Copper, Aditya Birla Fashion & Retail, Chambal Fertilisers and Chemicals, GMR Airports Infrastructure, GNFC, India Cements, Indus Towers, RBL Bank are in F&O ban list.
Gold prices nudged higher on Tuesday as comments from Federal Reserve Chair Jerome Powell bolstered the case for a September rate cut, while investors awaited more U.S. economic data for further monetary policy cues.
Spot gold rose 0.1% to $2,423.89 per ounce. On Monday, prices hit their highest level since May 20, when bullion scaled a record peak of $2,449.89.
U.S. gold futures were flat at $2,429.90.
Bajaj Auto, Aditya Birla Money, L&T Finance, Network18 Media & Investments, TV18 Broadcast, Alok Industries, Agro Tech Foods, Century Textiles & Industries, CRISIL, DB Corp, Dee Development Engineers, Eimco Elecon, Himadri Speciality Chemical, International Travel House, Jubilant Ingrevia, Just Dial, and Sofcom Systems will release their quarterly earnings on July 16.
#1 Target of Rs 23
#2 Management optimistic of favourable outcome & believes government also remains supportive
#3 Out of Rs 703 billion AGR liability, potential reduction could be Rs 300-350 billion as per management
An analysis of past data shows that historically, Nifty has moved within a 4 percent range on Budget day….Read More
Reliance Infrastructure gets administrative warning from SEBI on various disclosures made by the company
RateGain Travel Technologies today announced a partnership between its airline pricing solution, AirGain, and Hahnair, a renowned German airline known for its comprehensive ticketing solutions and distribution services.
This collaboration is set to power Hahnair’s airline distribution landscape by integrating AirGain’s cutting-edge pricing intelligence technology with 100 Hahnair partners using the products H1-Air and X1-Air.
#1 Base QIP size is Rs 5,016 crore & greenshoe option is Rs 1,672 crore
#2 Indicative price is Rs 440/share, 4.2% discount to CMP
#3 At base price dilution will be 3.1% equity & at total size it’s 4.1% equity
#4 Lock-in period of 60 days for company & promoters