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Idea Cellular was an Indian telecommunications company based at Mumbai, Maharashtra. [4] It was an integrated GSM operator and had 220.00 million subscribers as of June 2018. [ 5 ]
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.
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1]. Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.
Today, a B share is about 1/1,500 the size of an A share. Smaller shareholders often invest in the company through shares of BRK.B, which had a closing price of $468.86 per share on Nov. 19. What ...
This stock has underperformed the broader market with a 17% price drop in 2024. The short-seller cohort is comparable to Altria's and Ford's dividend yield makes sense from a historical point of view.
Right now, the 10 largest stocks in the S&P 500 represent more than a third of the index, putting market concentration near its highest level in 100 years, per Goldman.
Rising share prices, for instance, tend to be associated with increased business investment and vice versa. Share prices also affect the wealth of households and their consumption. Therefore, central banks tend to keep an eye on the control and behavior of the stock market and, in general, on the smooth operation of financial system functions.
Rank Date Close Net Change % Change 1 2020-03-16: 1,037.42 −172.71 −14.27 2 1987-10-19 : 133.60 −19.14 −12.53 3 2008-12-01