What is the Face Value of a Stock? And What is the Book Value of a Stock? Investing in stocks involves understanding a few important metrics, two of the most common being a stock’s face value and book value. Face Value vs Book Value Though they may sound similar, they provide different insights into a … Read more
Ambuja Cement has announced its intention to acquire Orient Cement Ltd for Rs. 8,100 crore. This transaction will involve an open offer to secure an additional 26% stake in the company. Ambuja Cement Share Price Upon completion, this acquisition is expected to augment Ambuja’s cement production capacity by 30 million tonnes per annum (MTPA), enabling … Read more
Reliance Power’s share price experienced a notable increase of 5 percent, reaching a new 52-week peak of Rs 53.65. This surge reflects an impressive gain of 81.31 percent over the past month, while investors have benefited from substantial multibagger returns, with the stock rising by 124.01 percent on a year-to-date (YTD) basis. Read This Also: Manba … Read more
Reliance Industries AGM 2024 On August 29, Reliance Industries Ltd announced that it would evaluate and propose a bonus share issuance at a 1:1 ratio for its shareholders during a board meeting scheduled for September 5. The company, recognized as India’s most valuable by market capitalization, shared this news just moments before its 47th annual … Read more
Overview The recent developments regarding the Zee Sony merger indicate that Zee Entertainment and Sony’s Culver Max Entertainment have reached a settlement, effectively resolving their disputes and concluding their $10 billion merger agreement. As part of this resolution, both companies have decided to retract their claims in Singapore and waive any termination fees and damages. … Read more
Adani-Hindenburg case The Adani-Hindenburg case has drawn attention following a report from Hindenburg Research, which claimed that SEBI chairperson Madhabi Puri Buch held interests in offshore entities associated with the Adani Group. The report from the US-based short seller includes several key terms, including stock manipulation, offshore entities, and short positions. In the … Read more
Nifty and Sensex jumped +0.8% each led by strong gains for IT stocks. Meanwhile, Midcaps were flat, while SmallCaps (+0.2%) poster minor gains. The advance-decline ratio was in Favour of bears (3:2). It was a mixed-bag kinda day for sectors. IT (+4.5%) was the top winner, while oil & gas (+0.6%) and FMCG (0.4%) saw … Read more
Good evening, everyone! ✋ Nifty and Sensex ended lower -o.5% lower but managed to recover from the day’s lows. Midcaps (-o.3%) followed suit while SmallCaps (-o.9%) were hit harder. The advance-decline ratio was in Favour of the bears (3:2) Most sectors ended in the red. Auto (-2%), Metals (-1.6%) and PSU banks (-1.4%) got beat up the … Read more
Shares of Cochin Shipyard closed at Rs 1146.15 per share with a rise of Rs 191 or 20% on NSE. At the same time, the effect of the ongoing boom in the Indian domestic stock market for the last 4 days was also recorded on the 5th day on Thursday. Cochin Shipyard The deal with … Read more
The board of directors of Yes Bank has extended the term of Sumit Gupta as Chief Risk Officer by three months. Sumit Gupta was appointed as the Chief Risk Officer of Yes Bank on 28 August 2020. Yes Bank In the information given to the exchanges, Yes Bank said, “The Bank had appointed Sumit Gupta … Read more
