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On 3 February 2023, the Government of India ordered the company to convert its interest dues worth 161.33 billion Indian Rupees ($1.96 billion) to equity at the rate of 10 rupees per share face value (well over then market value ~8.5), thus making the government the single biggest shareholder in the company.
On December 11, the bottom-up target price for the S&P 500 was 6,678.18, which was 9.8% above the closing price of 6,084.19." Review of the macro crosscurrents
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
Following the exit of AT&T Corporation and Tata Group from the joint venture in 2004 and 2006 respectively, Idea Cellular became a subsidiary of Aditya Birla Group. [8] Malaysia based Axiata had bought around 20% stake in the company in 2008 for US$2 billion. [9] Idea previously bought a 40.8% stake in Spice Telecom, for over ₹ 2,700 crore. [10]
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Conversely, $2,309.60 per Fair Isaac share may appear expensive in comparison, with its much smaller earnings — about $6 in the most recent quarter — relative to share price.
[1] Also,"Market share competition drives companies to support climate change policies with a view to imposing costs on domestic competitors". [3] Research has also shown that market share is a desired asset among competing firms. [4] Experts, however, discourage making market share an objective and criterion upon which to base economic ...
The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. On the losing end of Wall Street was U.S. Steel, which fell 8%.