Adani Ports shares gain as Adani-led group completes acquisition of Haifa Port

Shares of Adani Ports and Special Economic Zone (Adani Ports) gained nearly 1 per cent in Wednesday’s trade after the company said the consortium of Adani Ports and Israel’s Gadot…

Tata Motors shares extend gains, defying weakness in most auto stocks, up 10% in 3 days

Shares of Tata Motors extended their gains for the third consecutive session in Wednesday’s trade, despite weakness in most automobile counters. The stock rose 1.67 per cent to hit a…

Sensex, Nifty give up early gains; Airtel, RCom, J&K Bank plunge up to 6%

Indian benchmark indices gave up their initial gains on Wednesday, slipping into negative territory amid the looming concerns for the global economy. However, other major global markets traded firms. Relentless…

Adani Wilmar shares rise 4% amid selloff in Sensex, Nifty; here’s why

Shares of Adani Wilmar rose over 4% today amid a negative opening in the broader market. The consumer food company posted another healthy quarter in terms of strong volume growth…

Rekha Jhunjhunwala upped stake in Geojit Financial Services to 8.38% in Q3

Rekha Jhunjhunwala has increased her stake in Geojit Financial Services in the December quarter, the latest shareholding pattern suggests. Wife of late Rakesh Jhunjhunwala, who passed away on August 14…

Max Financial shares at Rs 1,000? What Kotak says on Max-Axis revised pact

Shares of Max Financial Services climbed xx per cent in Wednesday’s trade after Axis Bank said it will buy the balance 7 per cent stake in Max Life Insurance from…

Stocks in news: Adani Wilmar, Dr Reddy’s, Tata Motors, Adani Ports and more

Benchmark indices fell sharply on Tuesday, dragged by index heavyweight Reliance Industries, HDFC twins (HDFC and HDFC Bank) and ICICI Bank. Sensex was down 631 points or 1.04 per cent…

Multibagger stock: Hi-Tech Pipes board to meet on January 28 to consider stock split

Hi-Tech Pipes is likely to consider sub-division of equity shares when the company board meets on January 28, the company told exchanges on Tuesday. Hi-Tech Pipes informed the bourses that…

Budget 2023: Will ITC shares hit hard by any upward revision in cigarette tax?

A couple of brokerages see probability of a hike in cigarette tax this coming Budget. The last tax hike was announced three years ago. Nuvama Institutional Equities said that there…

JMC Projects to turn ex-amalgamation; Welspun Enterprises to go ex-dividend, Pacific Ind ex-rights

Wednesday would see JMC Projects turning ex-amalgamation while shares of Welspun Enterprises going ex-dividend. Jet Freight Logistics and Pacific Industries, on the other hand, would go ex-rights. 5Paisa Capital, Vaxfab…