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Buyers and sellers were not known immediately.
Source: Bloomberg
Shares of the Mumbai-based commercial bank snapped four-day gains and fell as much as 5.4 percent, the most in over one-and-a-half month to Rs 171.45.
The country’s central bank has placed the lender under corrective action framework, according to a stock exchange notification.
The stock has returned 66.3 percent so far this year, compared to 28.9 percent advance in the country's benchmark Sensex.
The Delhi High Court dismissed budget airline IndiGo’s petition against partially shifting its operations from Terminal 1 of the Delhi International Airport to the newly made Terminal 2. The high court however, did extend the deadline to shift its operations to February from Jan. 4.
Shares of the budget carrier erased gains and traded a little changed at Rs 1,161.85 after the announcement.
Astron Paper and Board Mill Ltd.’s initial public offer was subscribed 31.48 times on the final day as of 2 p.m., according to data provided by Axis Capital.
Day 4 Subscription (As of 2:00 p.m.)
Shanti Gears
MTNL
Hester Biosciences
Kirloskar Brothers
Will finalise views on Kotak Committee report and take board approval soon, says SEBI Chairman.https://t.co/2Ve6vnof2v pic.twitter.com/yomHKigXeg
— The Fineprint (@BQthefineprint) December 20, 2017
Shares of the private lender rose as much as 1.1 percent to hit a new record at Rs 1,905 after its board approved to raise Rs 24,000 crore, according to its stock exchange notification.
The company plans to raise Rs 15,500 crore by selling shares and the remaining Rs 8,500 crore by issuing preferential shares to founder HDFC, the statement added.
Shares of Strides Shasun rose as much as 2 percent, the most in over a week to Rs 811. The pharmaceutical company plans to acquire 55 percent stake in South Africa-based Trinity Pharma for a cash consideration of Rs 27.5 crore, according to its stock exchange notification.
The deal gives access to the pipeline of 110 product dossiers of Trinity Pharma, the statement added.
The stock trades at 17.2 times estimated forward earnings per share, compared to 18.8 times its two-year historical average. It has returned a negative of 24.5 percent so far this year.
Shares of the drug maker rose as much as 12.5 percent, the most in nearly three weeks to Rs 28.30, after it received a green signal from U.S. drug regulator for its drug - Montelukast Sodium, used to treat asthma.
The stock has returned 32.7 percent so far this year, compared to 28.6 percent advance in the country's benchmark Sensex.
Buyers and sellers were not known immediately .
Source: Bloomberg
Here’s how foreign and local funds played the market on Tuesday.https://t.co/GwtxEBdAxD pic.twitter.com/nwvjpjbI1V
— BloombergQuint (@BloombergQuint) December 20, 2017
35% of the total pet coke imports were consumed by the cement industry, reports @IndiaRatings.https://t.co/1AuixxT0xu pic.twitter.com/sHJM122R6o
— BloombergQuint (@BloombergQuint) December 19, 2017
Ola acquired Foodpanda India in an all-stock deal to reenter the food delivery business in India.https://t.co/v2BFNLhogc
— BloombergQuint (@BloombergQuint) December 19, 2017
Airtel deposits 'interim penalty' of Rs 2.5 crore with UIDAI. https://t.co/wlVviHdpH2 pic.twitter.com/3vQpLImG9r
— BloombergQuint (@BloombergQuint) December 19, 2017
Vedanta asks government to sell majority stake in PSUs to cut import bill.https://t.co/ya5LsfKAz5 pic.twitter.com/1CkffMtPb3
— BloombergQuint (@BloombergQuint) December 19, 2017
#BQOpinion | What ails India’s rural economy? @dugalira identifies the problems that need to be fixed.https://t.co/qNr4YuowjV pic.twitter.com/fBLKUNy2h8
— BloombergQuint (@BloombergQuint) December 19, 2017
What President Trump has accomplishedhttps://t.co/CMArBO4klB pic.twitter.com/uN81GUyaAC
— BloombergQuint (@BloombergQuint) December 19, 2017
What’s ahead for 2018?https://t.co/B9NRJ4hZnn
— BloombergQuint (@BloombergQuint) December 20, 2017
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