Fri, Feb 2, 2024 2:35 PM
SJVN, NHPC, Power Grid zoom to new highs on budgetary push
A Flip by Avya Verma
Shares of Five-Star Business Financed extended their decline on October 31, sliding another 9% to Rs 698 after a 13% drop on October 30. The two-day fall has brought the stock down by nearly 19%, despite the company’s strong quarterly performance for the September period. The sell-off began Wednesday when the company, in its earnings call, revised its AUM growth outlook down to 25%.
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Muhurat Trading 2024: Amid Diwali 2024 celebrations, Indian stock market is getting ready for the annual Muhurat Trading session, a special one-hour event that takes place every year on the festival of lights. According to the information available on the Indian stock market exchanges, the special one-hour Muhurat trading 2024 session will take place on 1st November 2024 from 6:00 PM to 7:00 PM.
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India’s tax department could see a substantial boost in revenue- around Rs 20,000 cr- over the next year as several start-ups look to “reverse flip” their overseas corporate structures back to India. Over half-a-dozen major VC backed companies, including Flipkart and Pine Labs, are in process of shifting their international structures to India, enabling them to be eligible for domestic listings.
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