Why infosys share price is half

The global research firm has maintained an outperform rating on the stock with a target of Rs 133 per share. According to a CNBC-TV18 report, the book value according to delisting regulation is at Rs 89.38 against calculated Rs 147 per share sets a lower floor price for delisting than earlier expectations. … [Read more...] about Vedanta share price trades lower even as CLSA retains outperform call

Bharat Dynamics (BDL) has informed the exchanges the government will sell up to 18,338,125 equity shares or 10 percent of the total issued paid up capital of the company for face value of Rs 10 each on September 8 (T Day – for retail investors) and September 9 (T+1 Day – for non-retail investors). … [Read more...] about Bharat Dynamics share price tumbles 18% in 3 days on divestment news

The company reported consolidated net profit at Rs 93.66 crore, which surged 149 percent, as compared to Q1FY20, when it reported loss of Rs 190.91 crore. The net profit margin in Q1FY21 came in at 32.86 percent which jumped by 92.58 percent YoY. … [Read more...] about Info Edge share price gains after Q1 profit surges 149% YoY

The IRCTC OFS will help the government move closer to its Rs 2.10 lakh crore disinvestment target. Of this, Rs 1.20 lakh crore will come from disinvestment of public sector undertakings and another Rs 90,000 crore from stake sale in financial institutions. … [Read more...] about IRCTC share price gains after reports indicate government may sell 15-20% stake

The company received a new order from IHB, (a joint venture of IOCL, HPCL and BPCL) for Rs 370 crore. The order is to be executed in the current financial year, the company told exchanges. … [Read more...] about Man Industries share price jumps 3% on bagging Rs 370-crore order