Trump tariff turmoil: Stocks including Trent, Interarch Building Products Tata Steel, Sarda Metal, Tata Motors and other crack up to 20 per cent in the early trade on Monday.
Indian benchmark indices opened slightly lower for the third straight session, dragged by banking, auto, and energy stocks. Investors remained cautious ahead of the US Federal Reserve's policy decision. A 25-basis-point rate cut is anticipated, but the focus is on Fed Chair Jerome Powell's comments on future rate cuts.
EAAA India Alternatives Ltd., a wholly-owned subsidiary of Edelweiss Financial Services Ltd., filed its preliminary papers with capital markets regulator SEBI on Thursday for an initial public offering. This development will set a precedent as an alternatives entity will get listed for the first time.
Edelweiss Financial share price: Shares of Edelweiss Financial Services are expected to be in focus on Tuesday as the company plans to sell a minority stake in its mutual fund business, Edelweiss Mutual Fund. Sources indicate that the firm is looking to divest 25-35% of its stake in the mutual fund arm, aiming for a valuation of $600 million.
Oct 29, 2024 / 09:30AM GMTOperator Ladies and gentlemen, good day and welcome to second-quarter FY25 earnings conference call of Edelweiss Financial services Li
Edelweiss Financial Services has launched a Rs 200 crore public issue of Secured Redeemable Non-Convertible Debentures (NCDs), offering yields of up to 11% per annum. With 12 series of NCDs, the funds will primarily be used to repay existing borrowings. The issue opens on October 7 and will be listed on BSE.
Nifty closed the week with 2% gains, despite significant block deals totaling Rs 10,934 crore across large, mid, and smallcap companies. Tata Group's Trent led largecap block deals with Rs 715 crore, followed by Mankind Pharma, Tube Investments of India, Bosch, and others.
Aug 05, 2024 / 09:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the first quarter FY '25 earnings conference call of Edelweiss Financial Servi
May 15, 2024 / NTS GMTOperator Ladies and gentlemen, good afternoon, and welcome to the fourth quarter FY24 earnings conference call of Edelweiss Financial Serv
Bajaj Housing Finance listing: GIC Housing Finance, Home First Finance Company India, PNB Housing Finance and Can Fin Homes rallied between 5 per cent and 15 per cent today
Domestic markets saw a steady rise in August, with the Sensex gaining nearly 1%. Smallcap stocks outperformed, with 197 of them offering double-digit returns, and some even rising over 50%. Analysts maintain a positive outlook due to domestic inflows and potential Fed rate cuts in the September meeting.