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The government is selling a 10 per cent stake in the company with a green shoe option of 5 per cent at a floor price of Rs 27.50 per share. The non-retail portion of the OFS was fully subscribed on Wednesday. Shares of RVNL have declined 8.88 per cent to Rs 27.70.
SGX Nifty up 20 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 18.5 point, or 0.17 per cent higher at 11,148.50, in signs that Dalal Street was headed for a positive start on Thursday.
from Stocks-Markets-Economic Times https://ift.tt/30EGY… Read MoreTesla's profit sets up S&P 500 entry, while Musk pushes for growthTesla said it earned net income of $104 million from April to June, or $0.50 per share, marking the first time the company has posted a profit for four straight quarters.
from Stocks-Markets-Economic Times https://ift.tt/2E1… Read MoreBoard Meetings Today: HDFC AMC, Biocon, AU Small Finance Bank, MphasiS and PNB HousingIt makes sense to have a look at the corporate agendas for the day’s as announced to the stock exchanges.
from Stocks-Markets-Economic Times https://ift.tt/3eSSzFk
… Read MoreAsian markets mixed as US-China tensions offset stimulus hopeOptimism over the development of a vaccine and a wall of government and central bank cash is providing much-needed support to equities as traders fret over a spike in new infections around the world and the reimposition of co… Read MoreTwo-wheeler makers take premium route owing to traction from leisure & hobby segmentDemand for two-wheelers is recovering at a fast pace and most manufacturers are placing bets on the premium range owing to traction from the leisure and hobby segment.
from Stocks-Markets-Economic Times https://ift.tt/3eSkqp… Read More
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