Shyam Metalics gains on raising Rs 1,385 crore through QIP, Madhusudan Kela among allottees on January 10, 2024 at 3:17 am

Shyam Metalics and Energy concluded its qualified institutional placement (QIP), raising a total of Rs 1,385 crore. Veteran investor Madhusudan Kela, Europe#39;s Societe Generale and Reliance Commercial Finance are among the many allottees.

BofA Securities double upgrades Indus Towers to #39;buy’, sees 28% upside on January 10, 2024 at 3:42 am

Analysts at BofA Securities said that the double upgrade for Indus Towers means that the risk-reward for the stock is turning favourable

The first half of 2024 will be crucial for the financial sector on January 10, 2024 at 3:55 am

A slowing down of all credit engines – regulation-forced retail borrowing on top of stagnant wholesale credit growth – represents a risk for not only the financial sector’s balance-sheet but also its stability. Why and what decisions await institutions and regulators?

Shares of Cochin Shipyard gain 6% as stock trades ex-split on January 10, 2024 at 3:56 am

The company had previously announced sub-division of its equity share from a face value of Rs 10 each to face value of Rs 5 each.

Vedanta stock slips 3% after Moody#39;s cuts rating citing significant default risk on January 10, 2024 at 3:56 am

Vedanta Resources is anticipated to encounter significant liquidity challenges in the next 24 months

Lupin launches cataract surgery pain reduction drug; share price gains on January 10, 2024 at 3:58 am

The share touched a 52-week high of Rs 1,429.95 and a 52-week low of Rs 628.10 on January 5, 2024 and March 31, 2023, respectively.

PFC gains on RBI nod to set up firm in GIFT City on January 10, 2024 at 3:58 am

The Reserve Bank of India on January 9 issued a no objection letter to PFC for setting up a finance company at International Financial Services Centre in the GIFT City

KIOCL temporarily suspends Mangalore plant operations, stock falls 3% on January 10, 2024 at 4:02 am

The company had previously shut down the plant on December 12th, 2023 for a week under similar circumstances. It resumed operations on December 19th.

Sensex, Nifty flat amid subdued global cues, investors in wait-and-watch#39; mode ahead of Q3 earnings on January 10, 2024 at 4:06 am

Market watchers says the pause which follows a record-breaking spree will make the overall breadth healthy

SpiceJet shares fly 5% before AGM review of Rs 2,250-cr investment plan on January 10, 2024 at 4:22 am

The investment, if approved, will be used to fuel SpiceJet#39;s expansion and revitalisation plans.