Rajiv Jain of GQG Partners scores it big with Adani surge, but LIC portfolio stays in red on December 12, 2023 at 3:40 am

LIC#39;s portfolio is currently at Rs 58,577 crore in Adani Group stocks, around 29% down from its December 2022 quarter value of Rs 82,943 crore.

Dixon Technologies shares rally 5% to hit 52-week high on Lenovo contract on December 12, 2023 at 3:58 am

Foreign research firm Morgan Stanley has kept under-weight rating on the stock with target of Rs 4,374 per share.

RVNL gains 2% as JV becomes lowest bidder for Rs 543-cr Indore Metro Rail project on December 12, 2023 at 4:04 am

RVNL-URC JV emerged as the lowest bidder for part design and construction of elevated viaduct, 5 elevated metro rail stations and Ramp for Indore Metro Rail Project.

Mankind Pharma block deal: 8.7% equity worth Rs 6,395 cr changes hands as 3 PE funds likely sellers on December 12, 2023 at 4:00 am

Moneycontrol had reported citing sources that three private equity funds- Chrys Capital, Capital Group and Everbridge Partners, were looking to pare stake in Mankind Pharma worth at least $592 million through block deals.

Sterling and Wilson shares surge 5%, locked in upper circuit after launching QIP on December 12, 2023 at 4:04 am

The determination of the issue price will be a joint effort between the bank and the book-running lead managers appointed for the QIP issue.

Mahindra and Mahindra gains on higher production, sales volumes on December 12, 2023 at 4:07 am

In a company update, Mahindra and Mahindra reported that the total production of 69,875 units in November 2023, a 13.4 percent increase over 61,618, during the year-ago period.

REC enters €200 million loan agreement with German bank; shares slip on December 12, 2023 at 4:08 am

The company in a statement said this marks REC#39;s sixth line of credit under the Indo-German development cooperation.

Marketing Musings: The creator economy on December 12, 2023 at 4:09 am

Goldman Sachs Research expects the 50 million global creators to grow at a 10-20 percent compound annual growth rate during the next five years to grow to a $480 billion economy by 2027 from $250 billion today 

LT Tech shares gain on signing multi-year pact with global energy firm BP on December 12, 2023 at 4:11 am

LT Tech said that this partnership would underscore its domain expertise in energy segment

BLS International hits 52-week high on bagging Indian mission contract in Canada on December 12, 2023 at 4:26 am

The share touched a 52-week high of Rs 167.90 and a 52-week low of Rs 95.55 on 10 August, 2023 and 28 March, 2023, respectively.