The stock fell sharply by 15.26 per cent to end at Rs 10.55 on BSE. Intra-day, it dropped 20 per cent to Rs 9.95.
Reliance Capital said it had posted a net profit of Rs 315 crore for the quarter ended on Dec 31, a growth of 50 per cent.
The board of HDFC Asset Management Co Ltd gave its approval to begin the process for launching an initial public offering (IPO).
Sebi has sought clarification from Reliance General Insurance Company on its proposed initial public offering, the latest update with markets regulator showed.
Indian market rallied last week to touch fresh highs. Key indices – Sensex ended 1.5% up, Nifty rose 1.2% and Bank Nifty gained 3.1%. A look at some key events:
Reliance Capital Ltd said it has received Rs 378 cr from Nippon Life Insurance on the completion of increasing its stake to 49% in RNAM.
Reliance Infrastructure said that RInfra InvIT has received the final approval from securities market regulator SEBI to float its Rs 2,500 crore plus IPO.
Gets 1 Observation For Karkhadi Unit From USFDA
USFDA Issues No Observation To Rabale Unit
USFDA Issues 3 Observations To Patalganga Unit
AU SMALL FINANCE
Temasek Arm to invest rs 1,000 cr in Bank Share, Warrant
INDIABULLS REAL ESTATE
Approves proposal of Buyback of up to 2.6 Cr Equity Shrs
Buyback Size 5.45% of existing paid-up share capital
Maximum Buyback Price proposed at Rs 240/Sh