Rights issue bandwagon: M&M Financial, PVR, Shriram Transport & ABFRL gain A rights issue is a mechanism for listed firms to raise additional capital by inviting existing shareholders to buy new shares proportionate to their existing holding at a discount to the prevailing market price.
Deloitte India sees consolidation in retail space, says non-essential retail growth will revive only after December Retailers who do not adopt effective omni-channel models and provide a differentiating consumer experience are likely to face either consolidation or failure, says Anand Ramanathan, Partner, Deloitte India
Market Movers: Voda Idea jumps, Future stocks slump; 315 stocks hit lower circuit A total of 90 stocks scaled 52-week highs on the BSE. These included Adani Green, Escorts, Infibeam Avenues, IndiaMART InterMESH, Rosaari Biotech and Godrej Industries, among others.
Mid caps get their mojo back, top 10 mid cap stocks rise by 30%-75% in a month BSE MidCap Index has grown by 33% in the last three months and by 11% in the last one year but analysts recommend to stay cautious in the near term.
Livemint: Mid caps get their mojo back, top 10 mid cap stocks rise by 30%-75% in a month.