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Saregama India share price was locked in a 20 per cent upper circuit at Rs 400.70 apiece on Thursday after the music and entertainment company announced a global deal with social media giant Facebook. Saregama will license its music for video and other social experiences across Facebook and Instagram. Saregama India shares have surged over 45 per cent since Monday’s close of Rs 275.25 per share. However, the stock has rallied over 116 per cent Read More

Britannia Industries share price rallied over 7 per cent to hit a fresh 52-week high of Rs 3,704.55 in Wednesday’s trade as the bread and biscuit maker reported 26 per cent rise in consolidated net profit for the March quarter at Rs 375 crores. The company had clocked a profit at Rs 297.23 crore in the corresponding period of the previous fiscal year. Britannia Industries has hit a 52-week high for the second consecutive session Read More

Billionaire banker Uday Kotak sold 2.83% of his holding in Kotak Mahindra Bank today, bringing his shareholding to 26.1% from 28.93%, closer to what was agreed with the Reserve Bank of India (RBI) earlier this year. Uday Kotak raised Rs 6,940 crore, by selling close to 5.5 crore shares at the upper price limit of Rs 1,240 per share, according to Bloomberg news. The stake dilution was carried out through a private placement by way Read More

Yes Bank share price gained 4.2 per cent to Rs 28 apiece on BSE in Monday’s strong trade as the bank informed the bourses about the reclassification of shareholding after Madhu Kapur group has consented to be categorised as public stakeholders. From it’s March low of Rs 5.55, the stock has skyrocketed over 400 per cent. The Madhu Kapur group which includes Madhu Ashok Kapur, Shagun Kapur Gogia Gaurav Ashok Kapur and Mags Finvest Private Read More

A heatwave spreading across north India and the steady resumption of economic activity has caused a sharp spike in the country’s energy consumption, with this Coal India’s share price has also surged 10% in the last five days. According to Morgan Stanley research, the daily energy consumption in India is now closer to 2019 levels. Resumption of economic activity and revival in energy consumption is being dearly eyed by Coal India’s management, as highlighted in Read More