The stake sale value is said to be around $394 million, where the promoter will offload 77 lakh shares at Rs 4,266 apiece.
The transaction will be done at 6% discount to the last closing price of IndiGo’s shares.
More to come….
October 4, 2024October 4, 2024 The number of growing Americans who are filing for unemployment benefits has seen a steady increase during last week. According to the latest reports from the Labor Department, initial claims for state unemployment benefits grew by 6,000 to a seasonally adjusted total of 225,000…
Morning News: December 2, 2024 Milei Touts $50 Billion From Investors Eyeing 30-Year Loopholes in Argentina EU Nears Deal on €1.5 Billion Fund to Boost Its Defense Industry European Factories Struggled Last Month as China’s Perked Up Ahead of Trump Tariffs Asian Manufacturing PMIs Send Positive Signals But Tariff Threat Tempers Upside US Tightens Curbs…
April 11, 2025April 11, 2025 PM Modi inaugurated and laid the foundation stones of 44 projects worth Rs 3,880 crore during his 50th visit to Varanasi. The projects include rural development initiatives such as 130 drinking water projects, 100 new Anganwadi centres, 356 libraries, a polytechnic college in Pindra,…
Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup. Sym. Date GLB $ Now $ Chg. FTAI 10/26/23 $34.79 $124.06 256.60% META 1/23/24 $384.33 $702.12 82.69% APP 9/17/24 $116.09…
LXP Industrial Trust (LXP) Q2 2025 Earnings Call Transcript Source link
By Lawrence G. McMillan The market eventually shrugged off the most recent “tariff tantrum” and moved to new all-time highs. The breakout came on two gap days to the upside — very strong action. That created support at the old highs, near 6750. There is also the major support below there at 6500-6550. The equity-only…