General Insurance surges 8% following change in management, stock zooms 75% YTD on December 12, 2023 at 5:20 am

General Insurance Corporation stock has rallied over 75 percent year-to-date, outperforming benchmark Nifty 50 which has risen 15 percent during this period.

Sensex, Nifty 50 rangebound; inflation print, US Fed outcome to trigger next moves: Analysts on December 12, 2023 at 5:02 am

Analysts believe inflation print and the US Federal Reserve#39;s policy outcome will drive the next course of equity action

Hindalco plans Rs 800 crore investment to set up battery foil manufacturing unit in Odisha on December 12, 2023 at 5:47 am

The facility, to be commissioned by July 2025, will initially produce 25,000 tonnes of the aluminium foil which forms the backbone of lithium-ion and sodium-ion cells, Hindalco Industries said.

Capri Global shares gain 2% on IRDAI nod for insurance foray on December 12, 2023 at 5:27 am

The stock performance of the company has been largely muted in the last six months, gaining a marginal 2 percent on the exchanges.

OYO elevates Rakesh Kumar as Chief Financial Officer on December 12, 2023 at 5:49 am

Abhishek Gupta, the current CFO, will continue with OYO in an advisory and mentorship capacity, OYO said in a statement.

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.