Tag Archives: buzzing stocks

Info Edge shares zoom 5% after Zomato raises another $250 million

By | February 23, 2021

Info Edge shares, on Tuesday, surged 5 per cent to Rs 5,250 in intra-day deals on the BSE after food delivery giant Zomato raised another $250 million in primary fundraise from existing and new investors. Info Edge, the nation’s leading job-hunting platform, also has investments in at least 23 startups, including Zomato. In a… Read More »

IndiaMART InterMESH shares surge 8% after launch of QIP issue

By | February 18, 2021

Shares of IndiaMART InterMESH, on Thursday, surged up over 8 per cent to Rs 9,298.90 in intra-day deals on the BSE after the company launched its qualified institutional placement (QIP) issue in order to raise funds. In an exchange filing on Wednesday, the company said, “The Fund Raise Committee of the Board (“Committee”), at… Read More »

PSBs jump on privatisation buzz; Bank of Maharashtra, IOB hit upper circuit

By | February 16, 2021

Shares of public sector banks (PSBs) were in focus at the bourses on Tuesday amid report that the government has shortlisted four mid-sized state-run banks for privatisation. The four banks on the shortlist are Bank of Maharashtra , Bank of India, Indian Overseas Bank and the Central Bank of India, Reuters quoted two officials in a… Read More »

Mayur Uniquoters gains 7% post Q2 results; board approves buyback

By | November 11, 2020

Shares of Mayur Uniquoters climbed 7 per cent to Rs 272 on the BSE on Wednesday after the company announced that it would be buying back 1.65 per cent of the share capital at Rs 400 per share. The company said it would buy shares amounting to Rs 30 crore, with promoters intending to participate in… Read More »

Equitas SFB hits highest level since listing on healthy Q2 numbers

By | November 10, 2020

Shares of Equitas Small Finance Bank (SFB) gained 5 per cent to Rs 34.35 on the BSE in the early morning trade on Tuesday after the bank’s net profit more-than-doubled to Rs 103 crore in the September quarter (Q2FY21). The private sector lender had posted a profit of Rs 49 crore in the year-ago quarter. … Read More »

Chart check: SBI rallies 7% post Q2 result. Is the rally sustainable?

By | November 5, 2020

    Shares of State Bank of India (SBI) advanced around 7 per cent to Rs 221 apiece on the BSE in the morning deals on Thursday, a day after the company posted healthy numbers for the quarter ended September 2020. The state-owned lender on Wednesday posted a 51.88 per cent growth in net profit for the second… Read More »