Welcome to the LTIMindtree Stock Liveblog, your real-time source for the latest updates and comprehensive analysis on a prominent stock. Dive into the current details of LTIMindtree, including: Last traded price 4292.9, Market capitalization: 127279.87, Volume: 537105, Price-to-earnings ratio 26.77, Earnings per share 160.35. Our liveblog offers a complete overview of LTIMindtree through a blend […]
RPSG shares rocket 20% after RCB’s Rs 16,600 crore deal lifts valuation benchmark for IPL teams
Shares of RPSG Ventures surged as much as 20% to their day’s high of Rs 721 on the BSE on Wednesday after United Spirits announced the sale of its wholly owned subsidiary Royal Challengers Bengaluru (RCB) for over Rs 16,600 crore. The RCB deal is being viewed as a key valuation benchmark for the IPL […]
Manappuram Finance shares jump 7% as Bain Capital’s 26% open offer kicks off April 6
Shares of Manappuram Finance jumped 7% on Wednesday after the company announced that Bain Capital’s open offer to acquire a 26% stake will run from April 6 to April 20. The open offer will see Bain Capital buying up to 24.42 crore shares of the company at Rs 236 per share from its public shareholders. […]
Nifty can fall below 19,000 in worst case GFC-like scenario, warns Bernstein; rupee could breach 110/USD
Arguing that while the Iran war may end soon, things have already changed fundamentally for India, global brokerage firm Bernstein has warned that the war could morph into a “GFC moment” (Global Financial Crisis) for India if it turns into a long, drawn-out conflict that keeps crude elevated and external financing tight, exposing deep macro […]
Capital gains from share buybacks to see flat 12% surcharge from April 1: Finance Bill Amendment
A flat 12 per cent surcharge will be levied on capital gains earned by individual or corporate shareholders by selling shares in the buyback offer of companies from April 1, as per the amendments in the Finance Bill approved by the Lok Sabha on Wednesday. The government on Wednesday introduced 32 amendments to the Finance […]
Dividend alert! TVS Holdings announces Rs 86 interim dividend; check record date
TVS Holdings, the promoter entity of TVS Motor Company, announced an interim dividend of Rs 86 per equity share on Wednesday. This implies a whopping 1,720% dividend payout on the smallcap company’s 2.02 crore shares. In an exchange filing, TVS Holdings said that its board of directors, during its meeting today, has declared the interim […]
Itching for profits? Make survival the only goal for now as markets head into holiday phase: Zerodha’s Nithin Kamath
Even as the domestic equity markets remain highly volatile, the only way to survive as a trader in these circumstances is to make “survival” a priority instead of focusing on making money, Zerodha Founder and CEO Nithin Kamath said, recommending traders trade in small amounts and wait for real opportunities to rake in moolah. “It’s […]
Sebi chief says fake apps a serious threat, urging big tech cos to work with regulators
Sebi Chairman Tuhin Kanta Pandey on Wednesday termed fake applications a “serious threat” and urged technology firms like Google and Meta to work with financial regulators for investor protection. Pandey said the next wave of a surge in investor participation is upon us soon, and underlined the need to protect the trust of all the […]
Sebi rolls out Verified App Label to curb fraud, bolster investor protection
In a bid to strengthen investor protection amid rising digital fraud, the Securities and Exchange Board of India (Sebi) on Wednesday launched the ‘Verified App Label Initiative’, a move aimed at helping investors identify genuine trading and investment apps and avoid falling prey to scams. Speaking at the launch, Sebi Chairman Tuhin Kanta Pandey said […]
Prime Focus among 6 stocks that hit 52-week high; rally up to 20% in a month
The Indian stock market saw a significant rally on Wednesday. The Sensex jumped 1,205 points, closing at 75,273. Amidst this broader market strength, six stocks from the BSE 1000 index reached their highest levels in a year. These new 52-week highs signal positive momentum for these companies. Prime Focus, Acutaas Chemicals, and Aurobindo Pharma were […]