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IIFL Securities has sold over Rs 100 crore worth of PharmEasy stock to wealthy individuals at Rs 103 a share. Those shares traded at Rs 78 earlier when promoters did not release much stock. PharmEasy is estimated to be valued at $7.5 billion going by scientific calculation, said a dealer.
GameStop jumps more than 40%, other 'meme stocks' rally on stimulus hopesGameStop tapped shareholder and Chewy co-founder Ryan Cohen to spearhead a new committee to help the video game retail chain's transition to e-commerce.
from Stocks-Markets-Economic Times https://ift.tt/3l9tM4N
… Read MoreAbsence of co-lo facility stopped NSE’s switch to a backup?The co-location facility allows market participants to place their servers closer to the exchanges’ data centers for a higher fee. This system gives its premium users better and quicker access to prices, giving them the so-ca… Read MoreStocks in the news: BPCL, Tata Motors, Cadila Healthcare, Max Financial & Godrej PropertiesZydus Cadila is likely to release the phase III data of its Covid-19 vaccine by the end of this month or early next month.
from Stocks-Markets-Economic Times https://ift.tt/38khwsY
… Read MoreAsian stocks set to firm on global recovery prospectsDespite the positive cues, investors remain conflicted over whether the stimulus will help global growth rebound faster from the COVID-19 downturn or cause the world's biggest economy to overheat and lead to runaway inflation… Read MoreJindal Poly Films plans sale of minority stake to raise about Rs 1,200 crInvestment bank Rothschild has been hired to run the sale process of the New Delhi-based packaging films player, two people aware of the development said.
from Stocks-Markets-Economic Times https://ift.tt/3v9KS6O
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