PB Fintech shares crash 36% on IRDAI commission cap proposal
Shares of PB Fintech, the parent company of Policybazaar, crashed 36% to Rs 1,210 on the BSE on September 24, while Turtlemint hit its 20% lower circuit at Rs 109.10. The sell-off…
All posts tagged in Bernstein
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Bernstein says India large caps are ‘bygone economic era’ as FIIs exit
Global brokerage Bernstein has said foreign investors have little reason to invest in Indian equities, blaming large corporates that represent a 'bygone economic era' and are failing to adapt to new technologies.…
Paytm shares rally 33% in a month, analyst flags profit-booking trigger
Paytm shares have surged 33% in the past month, prompting mixed views from analysts on whether to book profits or hold for more gains. The stock has recovered from lows earlier this…
Bernstein Sets Fresh Targets For Adani Ports, Eternal And Paytm
Global brokerage Bernstein has set fresh price targets of Rs 1,973 for Adani Ports, Rs 350 for Eternal and Rs 2,200 for Paytm.
Paytm founder not selling stake, Antfin gets block deal proceeds
Vijay Shekhar Sharma will not gain from the proposed sale of a 4.98% stake in One97 Communications (Paytm) by his investment vehicle Resilient Asset Management, with all economic value going to Antfin.…
Paytm shares jump 11% in week as brokerages raise targets
Shares of One97 Communications, Paytm's parent, rose 11% this week to Rs 1,603, marking their biggest weekly gain in four months. The rally has been driven by optimism over a possible merchant…
Paytm shares hit 52-week high on Bernstein upgrade, target Rs 2,200
Shares of One97 Communications, Paytm's parent, surged 10% to a fresh 52-week high of Rs 1,598 on Monday after global brokerage Bernstein upgraded the stock to 'Outperform' and raised its target price…
Paytm stock hits 52-week high as Bernstein sets Rs 2,200 target
Paytm shares jumped 9 per cent on Monday to a fresh 52-week high after Bernstein raised its target price to Rs 2,200 from Rs 1,500, the first time the brokerage has set…
US judge drops Adani fraud case, Bernstein says overhang eases
A US judge has approved the dismissal of fraud and bribery charges against Gautam Adani after the Department of Justice said it would not pursue the case, calling it hard to prove…
