Ather Energy shares tank 11% after shareholder lock-in ends, ₹856 crore block deal

It must be noted that the end of the shareholder lock-in does not mean that all the shares will be sold in the open market. They only become eligible to be traded.

It must be noted that the end of the shareholder lock-in does not mean that all the shares will be sold in the open market. They only become eligible to be traded.

Management said efficiencies driven by AI will help keep overall indirect expenses range-bound over the next few quarters and that, in the long term, it expects significant operating leverage and margin expansion.

Demand outlook, PLI benefits and commentary on the road ahead are some of the important things that the street will be watching out for from the management.

As many as 2.11 crore shares or 3.45% of the company’s outstanding equity changed hands as part of the block deal. Price of the transaction is said to be ₹321 per share. The floor price was said to be at…

Emmvee Photovoltaic Power is a pure-play integrated solar PV (photovoltaic system) module and solar cell manufacturing company. It has a solar PV module production capacity of 7.80 GW and a solar cell production capacity of 2.94 GW as of May…

50 analysts have coverage on SBI currently, out of which 41 of them have a “buy” rating on the stock, eight say “hold”, while one has a “sell” rating.

Shares of Lenskart Solutions Ltd are scheduled to be listed on the NSE and BSE on Monday, November 10.

The transition has required more engineering efforts, and the consequent increase in spending has eaten into profitability. It has also made Arm more of a rival for some of its biggest customers. The company is still involved in a bitter…

75% of the Physicswallah IPO has been reserved for Qualified Institutional Bidders (QIBs), as has been the trend with some of the recent IPOs, while only 10% of the issue is reserved for retail investors.

Q2 Results LIVE Updates: Another earnings heavy day beckons with companies like Apollo Hospitals, LIC, UPL, Bajaj Housing Finance, Ola Electric among others reporting results today, while two days of earnings reactions from companies like Sun Pharma, Britannia, Paytm, among…