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Latest Stock Market News

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Following the buzz, shares of Tata Power rallied 15 per cent to Rs 255.5 on Monday.

Indus Towers shares drop 1.81% as Sensex rises

Updated at : 2021-10-18 15:20:02

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On the technical charts, the RSI of the stock stood at 58.5.

Zee Ent. shares down 2.6% as Nifty gains

Updated at : 2021-10-18 15:20:02

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The stock quoted a 52-week high price of Rs 362.85 and low of Rs 166.8.

Hindustan Copper rallies 12% amidst divestment buzz

Updated at : 2021-10-18 15:20:02

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ET Now reported that the divestment process of the Hindustan Copper may begin in the upcoming month as the Ministry of Mines has recommended strategic disinvestment in the company.

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The reported quarter is considered to be seasonally weak for cement companies as most construction work around the country slows down due to monsoons.

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Shares of Avenue Supermarts are up roughly 22% this year, compared with a 13.5% gain in 2020. Of the nine months so far in 2021, it has reported solid gains for six.

Embassy REIT raises Rs 4,600 cr debt at 6.5%

Updated at : 2021-10-18 15:20:02

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The proceeds from the debt raised from mutual funds and insurance companies will be utilised by Embassy REIT to repay its existing zero-coupon bond outstanding of Rs 4,530 crores raised in 2009. The average tenure of debt raised is four years as compared to the 3-year listed bonds raised earlier.

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Billionaire and Vedanta Resources Chairman Anil Agarwal-led Sterlite Power Transmission (SPTL) is eyeing to raise up to Rs 1,250 crore from the primary market. However, the company is yet to receive a nod from markets regulator SEBI.

“our pipeline continues to be good and we expect the full year to see a decent increase from a year on year perspective.”

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Rakesh Jhunjhunwala pared stakes in The Mandhana Retail Ventures, TARC and Fortis Healthcare.

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