Booking Financial News

Jubilant Foodworks Ltd. traded at Rs 447.0 on BSE at 01:14PM (IST) on Wednesday, up 0.22 per cent. The stock quoted a 52-week low price of Rs 412.2 and a high of Rs 586.35. Earlier in the day, the stock saw a gap up opening.

ACC Ltd. rose 0.16 per cent to Rs 2406.05 in Wednesday's trade as of 11:32AM (IST) even as the benchmark Nifty ruled at 21786.35, down 31.11 points. The scrip had closed at Rs 2402.0 in the previous session. The stock quoted a 52-week low of Rs 1593.5 and a high of Rs 2759.95. The company quoted a market-cap of Rs 45068.94 crore on the BSE.

SBI Cards and Payment Services Ltd. traded at Rs 692.75 on BSE at 11:42AM (IST) on Wednesday, down 0.63 per cent. The stock quoted a 52-week low price of Rs 678.8 and a high of Rs 932.35. Earlier in the day, the stock saw a gap down opening.

In the electrifying world of Solana meme coins, where projects like Book of Memes $BOME has skyrocketed to billion-dollar valuations overnight, a new contender steps into the arena: Donk.MEME

Holi 2024: Holi, also known as the festival of colour, is the most vibrant and eagerly anticipated Hindu festival that is celebrated across India in the Phalguna month (February or March). This year, Holi falls on March 25, and Holika Dahan is celebrated a day ahead, i.e., March 24. In India, there are some spectacular destinations for Holi where the festival is celebrated in a deeply traditional manner.

demat accounts of those whose application bids were accepted and have received the allotment today. Bidders whose application status has been rejected and not allotted any shares, will receive the refund of their application money today, March 20.

Reliance Power settled the debts owed to three banks — ICICI Bank, Axis Bank, and DBS Bank — last week while its parent Reliance Infrastructure is working towards settling dues of Rs 2,100 crore to JC Flowers Asset Reconstruction Company, said people with knowledge of the matter. «Reliance Power aims to be a debt-free company by the end of this fiscal year. The only debt on its books will be the working capital loan from IDBI Bank,» said a senior executive from a commercial bank. The three lenders jointly had about Rs 400 crore and have recovered close to 30-35% of their principal loans, another lender said. Reliance Infrastructure and JC Flowers ARC had entered into a standstill agreement, according to notice issued to the exchanges on January 7. Initially, the standstill was until March 20, 2024, according to a separate stock exchange disclosure. «This was recently extended to March 31, 2024,» said a spokesperson of Reliance Infrastructure.

MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has acquired another 9,245 coins at an average price of $67,382.

SBI Cards has declared an interim dividend of Rs 2.5 per share for the financial year ending 2023-24. The company has also fixed a record date of March 28 for the proposed dividend. «The Board of the company declared an interim dividend of Rs 2.5 (25%) per equity share for the financial year 2023-24,» the company said in a filing.

travel insurance policy typically covers financial losses involved while travelling, which include illness, accidents, transportation delays, and various other events. It is short-term insurance, valid for a particular time while you are travelling. It generally gets over by the end of your trip.

Noida-based Interarch Building Products Limited files DRHP with SEBI for IPO The Chatha Foods IPO was subscribed over 1.25 times on the first day of bidding. The SME IPO received 53,26,000 applications against 42,64,000 shares on March 19. The retail category was subscribed 1.40 times, meanwhile, QIB and NII portions were subscribed 0.87 and 1.36 times on the first day of bidding.

Percival Everett is poised for a big year. James, his twist on Mark Twain’s “Adventures of Huckleberry Finn" told from the perspective of the runaway slave Jim, is racking up rave reviews and already making best-of 2024 lists. Publishing executives expect the book’s arrival on Tuesday to mark the veteran author’s long-awaited leap from literary cult favorite to commercial brand name.

Andhera, Varun Dhawan and Samantha Ruth Prabhu-starrer Citadel: Honey Bunny, the Indian adaptation of the American espionage thriller, Karan Johar-backed Daring Partners, Siddharth Roy Kapur’s Matka King starring Vijay Varma, and The Revolutionaries, an adaptation of the book by the same name. New seasons of older franchises such as Mirzapur, Paatal Lok, Panchayat and Suzhal- The Vortex will be the other attractions.

On the first anniversary of UBS Group’s historic takeover of its former rival Credit Suisse, it’s becoming clear just how advantageous the deal has been for the bank. It has pushed its market capitalization past $100 billion to the highest level in almost 16 years and cemented its leading role in global wealth management. 

Those who win the lottery often spend the money unwisely. This is the risk UBS needs to keep in mind on the anniversary of its Credit Suisse windfall. A year ago Tuesday, UBS said it would buy its embattled rival under the auspices of Swiss regulators, who wanted to end a banking panic.

What is a fixed deposit (FD)? A fixed deposit is an investment where you deposit a lump sum of money with a financial institution for a set period. In return, you earn a guaranteed interest rate that remains fixed throughout the investment tenure. At the end of the tenure, you receive your principal amount along with the accumulated interest.

AU Small Finance Bank, in October last year, announced the merger scheme with Fincare Small Finance Bank Ltd, which the Reserve Bank of India (RBI) approved earlier this month. The merger will take effect on April 1 and all branches of Fincare Small Finance Bank will function as branches of AU Small Finance Bank from that date.

Tata Consultancy Services Ltd, part of the IT sector, picked up momentum after recording a breakout from a Cup and Handle pattern on the weekly charts. The breakout helped the stock top hit a fresh record high of Rs 4254 on 18 March 2024 amid volatility.

Shriram Finance Ltd. gained 0.5 per cent to Rs 2321.0 in Tuesday's session as of 10:15AM (IST) even as the equity benchmark Sensex traded 528.73 points lower at 72219.69. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 2535.0 and a 52-week low of Rs 1202.8 on NSE. Around 5277 shares changed hands on the counter till 10:15AM (IST).

Sanjiv Bhasin, Director, IIFL Securities, says in power, “we would place our bets on NTPC, but REC, PFC would be our two top picks. We think this quarter’s results will be the best ever in the history of the company and like I said, diversification across the board in all power verticals is seeing very good upside on revenues and net interest income and margins.” Bhasin further says is very bullish on ICICI, Axis, HDFC and Kotak and thinks Federal Bank will be a key beneficiary of expansion of gold loans. Also, RBL Bank is giving a very good opportunity. Your portfolio should do well if it contains 4-5 of these large and midcap stocks.

Popular Vehicles and Services debuted on the exchanges with a discount of 2% on Tuesday. The stock listed at Rs 289.2 on NSE, compared to an offer price of Rs 295. Meanwhile, the stock listed at Rs 292, down 1% on BSE. Ahead of the listing, the company's shares had no premium in the unlisted market.