Amber Enterprises shares soar nearly 9% to record high amid demerger, IPO buzz
Shares of Amber Enterprises surged 8.6% to reach their all-time high of Rs 7,482 on the BSE today following reports that the company is considering demerging its electronics division. According to reports by CNBC TV-18, Amber Enterprises will be demerging its electronics division, following which, it may float an IPO for the demerged unit. Bankers…
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Nippon Life India AMC shares surge 10% post Q2 results, interim dividend announcement
The shares of Nippon Life India Asset Management have surged by 10% to dayβs high of Rs 739.80 on BSE post the announcement of Q2 results and interim dividend. The profit after tax for Q2 FY25 was recorded at Rs 3.60 billion, up by 47% on a yearly basis and up by 44% for H1…
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Bajaj Finserv shares in focus ahead of Q2FY25 earnings today
Shares of Bajaj Finserv are likely to remain in focus on Wednesday as the company will announce its September quarter earnings later today. The promoter company of Bajaj Finance and Bajaj Housing Finance had reported a 10% year-on-year (YoY) increase in its consolidated profit after tax (PAT) to Rs 2,138 crore for the quarter ended…
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Matrimony.com approves Rs 72 crore share buyback, stock up 3%
The board of Matrimony.com has approved a share buyback of Rs 72 crore at a price of Rs 1,025 per share, which is a 27.5% premium over Thursdayβs closing price. Following the announcement, the stock surged 3% to a dayβs high of Rs 829.55. βBoard approved the proposal of buyback of 7,02,439 fully paid-up equity…
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