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Nazara Technologies shares slip over 1% after Q3 profit falls 53% YoY, but revenue surges 67%Nazara Technologies shares dropped 1.5% after reporting a 53% YoY decline in Q3FY25 net profit to Rs 13.6 crore, despite a 67% rise in reve...
Rameswaram new Pamban bridge to open soon: 5 reasons it is only second of its kind in the worldIndia is set to inaugurate its first vertical lift railway sea bridge in Pamban, Rameswaram. Replacing the 1914 British-era bridge, the new...
Stocks in news: ZEE, HDFC Bank, HCL Tech, Zomato, RVNLHDFC Bank is in the final stages of assigning a Rs 12,372 crore car loan portfolio, its second such transaction in two months as the bank s...
Stocks in news: ZEE, M&M Financial, Dr Reddy's, Wipro, BioconDomestic markets rally on exit polls predicting Modi government's massive mandate. ZEE, M&M Financial, Dr Reddy's, Wipro, Biocon in focus. ...
RVNL shares drop 4% as retail portion of OFS opens for subscriptionThe government has decided to exercise the green shoe option, where it will sell an additional 1.96% stake. Friday is the T+1 day, and reta...
Sensex gains 200 points, Nifty above 19,800 as Fed hikes rates along expected linesThe rate hike by Fed took the benchmark interest rate to 5.25-5.50%, the highest level since the global financial crisis in 2007-2009.
Stocks in news: Tata Consumer, Netweb Technologies, RVNL, Axis Bank, RILTata Consumer Products' profit rose 30% YoY to Rs 359 crore in the first quarter. Revenue from operations during the quarter increased 12% ...
Government proposes to sell up to 5.36% stake in Rail Vikas NigamThe government, which owns a 78.2% stake in RVNL, has proposed to sell a 3.4% holding in the state-run railway infrastructure company, with...
Govt to sell up to 5.36% stake in RVNL through OFSUnder the proposed OFS, the government will offload about 7.08 crore equity shares, representing 3.4% equity on Day 1, which is the T day a...
Following ownership dispute, Vande Bharat sleeper trains plan hits a snagA top executive of Russia's leading rolling stock manufacturer TMH Group told ET that the company has reached out to top Indian government ...
Big Movers on D-St: Book Profits in RVNL, stay put in Apollo Tyres and IRFCAs per the Fibonacci ratios, the stock has the potential to head higher towards 86 and 95 levels being 3.618 and 4.24 retracement ratios, r...
Rail Vikas Nigam OFS offers ‘great’ valueThe 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....
Stocks in the news: Laxmi Organic, Craftsman, Jubilant FoodWorks, RVNL, BOI and Canara BankCanara Bank said it is organising an auction of 2,000 borrower properties in its possession on Friday.
Rail Vikas Nigam plunges 9%; here’s whyThe floor price for the offer is set at Rs 27.50 per share. This is at a discount of 9.53 per cent to the last closing price of RVNL.
Govt to sell 15% stake in Rail Vikas Nigam via OFSThe issue will open on Wednesday for non-retail investors, and on Thursday for retail investors.
RailTel defies market selloff, lists at 16% premium over issue priceThe debutant rose despite a selloff in the broader market.
Elara Capital, IDBI Cap Markets bid to be merchant banker for govt's stake sale in RVNLBesides, Crawford Bayley & Company and SNG & Partners have bid for being the legal advisor for the planned offer for sale (OFS).
Rail Vikas Nigam's IPO set to hit Street on FridayA discount of Rs 0.50 per share each on the offer price is marked for retail investors and employees.
Govt plans to list railway PSUs RVNL, IRFC in Sept quarterAfter the RITES issuance, the government will move forward with the listing process of the two PSUs.
RITES IPO to hit markets on June 20, price band at Rs 180-185 per shareAt the upper end of the price band of Rs 185 a scrip, the IPO would fetch around Rs 460 crore to the exchequer.