Exicom Tele Systems(NSE: EXICOM) share fell by as much as 5 percent on Wednesday. The shares of the company climbed to Rs 362 at the beginning of trading, compared to the closing price on Tuesday of Rs 381. There’s a major reason for this drop in shares. Indeed, just a few days before the Big Bull Jhunjhunwala’s RARE Enterprise reduced its stake in the company. 15.85 Lakh Shares Were Sold According to the data available at the time of trading, Rakesh Jhunjhunwala’s business unit closed on a 1.3 percentage stake i.e. approximately 15.85 lakh shares of Exicom Tele Systems at…
Author: careermotto
careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
Read More
जनरल इंश्योरेंस कॉरपोरेशन ऑफ इंडिया (एनएसई: जीआईसीआरई) पुनः साझा करें: जनरल इंश्योरेंस कॉरपोरेशन (जीआईसी) के शेयर में भारी गिरावट देखी जा रही है। कंपनी का शेयर 5 प्रतिशत से ज़्यादा गिरकर 398.60 रुपये के इंट्राडे लो पर पहुंच गया। शेयर में इस गिरावट के पीछे एक अहम वजह है। सरकार जनरल इंश्योरेंस कॉरपोरेशन (जीआईसी) में 6.78 प्रतिशत हिस्सेदारी 395 रुपए प्रति शेयर पर बेचने की योजना बना रही है। विस्तार क्या है? 11.90 करोड़ से अधिक शेयर, यानी 6.78 प्रतिशत हिस्सेदारी बिक्री प्रस्ताव (ओएफएस) में रहेगी। संस्थागत निवेशकों के लिए यह ऑफर बुधवार से उपलब्ध होगा। खुदरा निवेशक गुरुवार को…
Following the successful registration of its IPO, Aeron Composite debuted on NSE SME on Thursday 4 September with a price of Rs 25, or 20 percent. The share price of Aeron Composite opened at ₹150 against the IPO price of ₹125. After listing, the stock gained strongly and climbed 26 percent to an intraday high of ₹157.50. Great Response From Investors The company received nearly 41 times subscriptions. It received bids for 11.6 crore shares against an offer of 28.36 lakh shares. The retail portion of the IPO was subscribed 34 times. Bids were made for almost 4.8 crore shares,…
Cellecor Gadgets Ltd (NSE – SME: COLLECTOR): The stock market is witnessing continuous stock-specific action amid a gap-down opening. Some penny stocks are continuously attracting investors’ attention due to their strong fundamentals. One such stock is Cellecor Gadgets Ltd, which is continuously hitting an upper circuit. The stock of Cellecor Gadgets Ltd hit an upper circuit after a 10 percent rise on Wednesday and came down to the level of Rs 41.2. The products of this company are continuously coming into the market and it has also launched some of its new products. Its profits are continuously increasing and the…
The stock market started trading on a decline on Wednesday. Due to weak job data in the US, Dow Jones and Nasdaq declined last night, due to which weakness is also being seen in the Asian markets today. Nifty started trading on Wednesday at the level of 25090 after a decline of 190 points. Sensex also declined by 710 points and opened at the level of 81845. Selling pressure is being seen in the IT sector. In early trade, shares of Asian Paints, BPCL, Bajaj Finserv, Apollo Hospital, and HUL from the Nifty 50 index were bullish, while counters like…