Mumbai, March 31 – The Securities and Exchange Board of India (SEBI) has initiated regulatory action against Elitecon International Ltd after finding prima facie evidence of a "pump and dump" scheme in the company's shares.The capital markets regulator observed that the stock surged more than...
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Elon Musk Found Liable by US Jury for Misleading Twitter Shareholders in 2022
Jury Rules on False Statements Linked to Twitter Deal
New Delhi, March 21: A US federal jury in California has found Tesla and SpaceX founder Elon Musk liable for misleading Twitter shareholders in 2022 through...
IndiGo Shares in Focus After Airline Introduces Fuel Surcharge Amid West Asia Conflict
Shares of InterGlobe Aviation Ltd., the parent company of IndiGo, are likely to remain in focus on Monday, March 16, after the airline announced a fuel surcharge across all domestic and international routes...
Aditya Birla Capital Shares in Focus After Kotak Initiates Coverage With ‘Buy’ Rating
Shares of Aditya Birla Capital Ltd. are expected to remain in focus on Thursday, March 12, after brokerage firm Kotak Institutional Equities initiated coverage on the stock with a positive outlook.Kotak has...
KIMS Board Approves Plan to Raise Up to ₹1,500 Crore Through QIP
Krishna Institute of Medical Sciences Ltd. (KIMS) has approved a proposal to raise up to ₹1,500 crore through the issuance of equity shares via a qualified institutional placement (QIP) or other permissible routes.The decision...
HDFC Bank Shares Fall Over 4% Amid Market Sell Off; Kotak Institutional Equities Upgrades Stock to Buy
Shares of HDFC Bank Ltd. declined sharply on Monday, March 9, mirroring the broader weakness in Indian equity markets during the morning session. Despite the drop in the stock price, brokerage...
Kwality Walls India Reports Wider Q3 Net Loss of ₹178.4 Crore After Listing
Shares of recently listed Kwality Walls India Ltd. are in focus on Monday, March 9, after the company reported a wider loss in its third quarter results. The earnings mark the first quarterly financial update since the...
Home First Finance Shares Slide 6% After ₹662 Crore Block Deal; 5.4% Equity Changes Hands
Shares of Home First Finance Company India Ltd. fell as much as 6% on Thursday, February 26, after a large block deal saw 5.4 million shares, representing 5.4% of the company’s equity, change hands. The...
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IDFC First Bank Downgraded by BoFA Securities; Price Target Cut to ₹75 After ₹590 Crore Fraud Disclosure
Shares of IDFC First Bank Ltd. are set to remain in focus on Thursday, February 26, after brokerage firm BoFA Securities downgraded the stock and reduced its price target following recent...
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