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India Business News: Paytm, India's digital payments firm, experienced a significant drop of up to 20% in its stock price due to the company's decision to reduce low-value
In the largecap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 2,071 crore led by Bharti Airtel with 18 block count, totalling Rs 374 crore. The next in line were Bajaj Auto (Rs 352 crore), Shree Cement (Rs 218 crore), UltraTech Cement (Rs 144 crore), ICICI Prudential Life Insurance Company (Rs 143 crore), Axis Bank (Rs 141 crore), HDFC Bank (Rs 141 crore) and Bajaj Finance (Rs 119 crore).
The transaction happened at an average price of Rs 877.2 per share. Earlier shares of Paytm tanked 3.23 percent to Rs 893.
On November 20, a group of noteworthy midcap stocks exhibited strong bullish momentum by surpassing their 50-day Simple Moving Average (SMA).
RLMM or Revised List of Models & Manufacturers listing is an important milestone required for the successful commercialisation of the product, the company filing said. S144 – 3 MW series of wind turbines are extendable to 3.15 MW.