Kotak Mahindra Bank Shares Surge to 52-Week High After Leadership Changes

Kotak Mahindra Bank Shares Surge to 52-Week High After Leadership Changes

Shares of Kotak Mahindra Bank surged as much as 3.8% on Monday, reaching a 52-week high of ₹2,162.90 on the BSE. The rally was driven by investor optimism following key leadership changes announced by the private lender. The stock significantly outperformed the Nifty Bank index, which gained 2% on the same day. So far in…

TBO Tek Shares Slide 5.5% After Rs 400 Crore Block Deal; Augusta TBO, TBO Korea Offload Stake

TBO Tek Shares Slide 5.5% After Rs 400 Crore Block Deal; Augusta TBO, TBO Korea Offload Stake

Shares of TBO Tek dropped 5.5% to an intraday low of Rs 1,200 on the BSE on Friday after a Rs 400 crore block deal in the travel distribution firm. Sources told CNBC-TV18 that Augusta TBO Singapore Pte Ltd and TBO Korea Holdings Ltd are looking to sell up to a 3.1% stake in the…

JSW Neo Energy Acquires 100% Stake in Virya Infrapower for ₹7.54 Crore

JSW Neo Energy Acquires 100% Stake in Virya Infrapower for ₹7.54 Crore

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has successfully acquired 100% shares of Virya Infrapower Private Limited. With this acquisition, Virya Infrapower has now become a step-down subsidiary of JSW Energy. About Virya Infrapower Private Limited Virya Infrapower is a renewable energy-focused company in India, established on December 17, 2014….

Polycab India Shares Rise 2% After Securing ₹3,002.99 Crore BSNL Bharat Net Contract

Polycab India Shares Rise 2% After Securing ₹3,002.99 Crore BSNL Bharat Net Contract

Shares of Polycab India Ltd surged nearly 2% on Thursday after the company announced that it has signed an agreement with BSNL for the Bharat Net project in the Bihar Telecom Circle. The project, valued at ₹3,002.99 crore, aims to enhance broadband connectivity in the region. Stock Performance Polycab India’s stock gained 1.89%, reaching ₹5,105.75…

Australian Shares Slip into Correction Territory Amid U.S. Tariff Concerns

Australian Shares Slip into Correction Territory Amid U.S. Tariff Concerns

Sydney, March 12: Australian shares extended losses on Wednesday, briefly entering correction territory as investor sentiment took a hit following reports that the White House had denied Australia an exemption from U.S. steel and aluminium tariffs. The S&P/ASX 200 index fell 1.2% to 7,793.6 as of 0001 GMT, after plunging as much as 1.6% earlier…

Anupam Rasayan Shares Gain Amid Weak Market After ₹922 Crore LOI with Korean MNC

Anupam Rasayan Shares Gain Amid Weak Market After ₹922 Crore LOI with Korean MNC

Mumbai, March 11: Shares of Anupam Rasayan India Ltd. climbed nearly 3 per cent in early trading on the Bombay Stock Exchange (BSE) on Tuesday despite a weak broader market sentiment. The surge came after the company announced a major ₹922 crore Letter of Intent (LOI) with a leading Korean multinational company (MNC). Stock Performance…

IndusInd Bank Shares Plummet 23% Amid Derivatives Portfolio Discrepancies

IndusInd Bank Shares Plummet 23% Amid Derivatives Portfolio Discrepancies

IndusInd Bank shares extended their losing streak for the fifth consecutive session, plunging 23% in morning trade on Tuesday, March 11, 2025. The sharp decline came after the private sector lender disclosed discrepancies in its derivatives portfolio, raising investor concerns over financial stability and risk management. Stock Hits 52-Week Low On the Bombay Stock Exchange…

Hindustan Zinc Shares Drop 1.5% After Announcing ₹500 Crore NCD Issuance

Shares of Hindustan Zinc, a subsidiary of Vedanta, fell 1.5% to ₹420.05 on the BSE on Tuesday following the company’s announcement of a ₹500 crore non-convertible debenture (NCD) issuance through a private placement. The move aims to raise capital while maintaining shareholder equity, but the market reacted with a slight dip in stock prices. Board…