TCS Share Price Rises On Share Buyback Talks

TCS Share Price Rises On Share Buyback Talks – India’s largest software service provider rose as much as 2.75 percent to Rs 1,830 after it announced that its board will meet on June 15 to consider buyback of shares. Meanwhile, Morgan Stanley has maintained its ‘overweight’ stance on the stock and has …

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Bharat Forge Share Price Rises On Acquiring Stake In U.K.’s Tevva Motors

Gold Silver Reports (GSR) – Bharat Forge Rises On Acquiring Stake In U.K.’s Tevva Motors – Shares of the Pune-based auto parts maker rose as much as 2.49 percent, the most since May 25, to Rs 668.20. Bharat Forge has picked up a strategic stake in UK-based Tevva Motors, a provider of electric powertrain solutions for commercial vehicles, for £10 million.              

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Usha Martin Surges On Plans To Sell Steel Business

Gold Silver Reports (GSR) – Usha Martin Surges On Plans To Sell Steel Business – Shares of the Kolkata-based steel cable maker rose as much as 11.5 percent to Rs 33 after the company informed exchanges that it is exploring options to sell its steel business to deleverage the company.

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PNB Fraud: Nirav Modi's Assets, Valuables worth Rs 255 cr Seized by Enforcement Directorate in Hong Kong

Punjab National Bank (PNB) : Rises On Divestment Plans

Gold Silver Reports (GSR) – Punjab National Bank (PNB): Rises On Divestment Plans — Shares of the fraud-hit lender extended gains for the fourth straight session today, its longest winning streak since Oct last year. The stock rose as much as 4.4 percent to Rs 92.35 apiece.

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