Avenue Supermarts extends rally; stock soars over 25% in three days
Uploading Date : 10-04-2017Avenue Supermarts, which runs D-Mart stores, has seen its market capitalisation (m-cap) crossing Rs 50,000 crore after the stock hit a new high of Rs 803.35 on the National Stock Exchange (NSE)............
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RBL Bank, YES Bank, Lakshmi Vilas Bank hit record high
Uploading Date : 10-04-2017Shares of three private sector banks – YES Bank, RBL Bank and Lakshmi Vilas Bank – have hit their respective record highs, gaining up to 7.5% on BSE in intra-day trade on Monday...............
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Phoenix Mills buys Indore mall for Rs 235 cr
Uploading Date : 08-04-2017Phoenix Mills, the country’s largest mall developer, has bought an under-construction mall in Indore’s MR 10 area for Rs 235 crore. The mall was bought in an auction conducted by JM Financial Asset Reconstruction Company.....................
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D-Mart stock gains 13% on traction from large funds
Uploading Date : 08-04-2017Avenue Supermarts, which runs D-Mart stores, rose 13 per cent on the stock market on Friday after Thursday’s five per cent rise. The market is abuzz that large fund houses are lapping up the stock................
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Funds raised from institutional buyers touch 33-month high
Uploading Date : 06-04-2017Monthly fundraising through qualified institutional placements (QIPs) hit 33-month high in March, as companies acted to grab the opportunity in a rising market...........
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Services sector expands for a second straight month in March
Uploading Date : 06-04-2017Moving away from the contractions related to demonetisation, the services sector maintained a stronger rate of expansion in February, the widely tracked Nikkei’s Purchasing Managers’ Index (PMI) survey showed on........
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Essar Ports' cargo throughput up 25% in 2016-17
Uploading Date : 05-04-2017Essar Ports, which operates port terminals on the east and west coasts of the country, has recorded a 25 per cent growth in its cargo traffic in 2016-17.The consolidated cargo handling across the company's five operational ports at Hazira (Gujarat), Paradip (Odisha), Visakhapatnam (Andhra Pradesh)..............
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YES Bank lists over 3 crore shares following Rs 4,907crore QIP
Uploading Date : 05-04-2017Private sector lender YES Bank on Wednesday said 3.27 crore shares allotted under the Qualified Institutions Placement (QIP) have been listed and available for trading on the stock exchanges...........
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