The company said that its formulations manufacturing facility- T20 located at Panoli, Gujarat was inspected by the United States Food and Drug Administration (USFDA). J.B.Chemicals & Pharmaceuticals declined 0.85%. The company announced that its flagship beer brand Hunter has emerged as the number one selling brand of strong beer in Delhi for the month of May 2023.Īmbalal Sarabhai Enterprises hit an upper limit of 20% after the company said its subsidiary, Asence Pharma, commenced its new oncology and synthetic API plant at Ranoli, Vadodara in Gujarat. Som Distilleries & Breweries added 0.54%. Maharashtra Seamless rose 1.60% after the company announced that it has made voluntary prepayment of outstanding long term loan of approximately Rs 234 crore ($28.38 million). The company announced that the operations at Pipavav Port have been suspended since late evening on Saturday, 10 June 2023, as a result of intensifying Cyclone Biparjoy.Ĭochin Shipyard rallied 2.63% after the shipbuilding company announced that it has been declared as lowest bidder (L1) by the Indian Navy for an order amounting to Rs 300 crore. The 2-wheeler maker said that its subsidiary, TVS Motor (Singapore) Pte, has agreed to acquire an additional 25% stake in Swiss E-Mobility Group (Holding) AG (SEMG), Switzerland by way of purchase of shares from the existing shareholders. HCL Technologies (up 2.69%), Coforge (up 2.23%), L&T Technology Services (up 2.15%), Infosys (up 2.05%), Persistent Systems (up 1.98%), Mphasis (up 1.98%), LTIMindtree (up 1.58%), Tata Consultancy Services (up 1.17%), Tech Mahindra (up 1.1%) advanced.Ĭoforge gained 2.23% after the company said that it has partnered with FundMore to develop a platform designed to automate QC, risk management and regulatory compliance in the mortgage industry. The index fell 1.94% in past two trading sessions. On the BSE, 2,163 shares rose and 1,566 shares fell. The S&P BSE Mid-Cap index added 0.54% while the S&P BSE Small-Cap index gained 0.72%. The broader market outperformed the frontline indices. IT, realty and media stocks advanced while bank, financial services and pharma stocks corrected.Īs per provisional closing data, the barometer index, the S&P BSE Sensex advanced 99.08 points or 0.16% to 62,724.71. The Nifty settled a tad above the 18,600 level. The “C” shares closed Monday’s regular session at $980.34 while the “A” shares closed at $998.31.The benchmark indices ended a volatile session with decent gains on Monday, snapping two days losing streak. Shares of hot-shot stock Alphabet, the parent of Google, fell more than 3 percent in after-hours trading on Monday, even though the search giant reported second-quarter earnings and revenues that beat expectations. We probably won’t know its second-quarter holdings for about three weeks. Eminence owned about 415,000 shares of the company at the end of the first quarter. The filing indicates the position is passive.
#CLOSING SNAP STOCK PRICE SOFTWARE#
Ricky Sandler’s Eminence Capital disclosed that on July 14 it owned nearly 1.9 million shares of CyberArk Software, or 5.4 percent of the security software company. This new huge number of shares will replenish the lending pool and reduce stock borrow rates. Snap’s lock-ups for insiders expire on July 29 and August 29. S3 says 1.2 billion shares will be released from their lockup constraints over the next 5 weeks from early investors, employees, directors and founders. However, this situation could change soon. It figures Snap’s shares need to decline by 5 percent each month to cover financing costs alone. It attributes this sharp decline in short interest to tight supply, which has driven up the cost to borrow the stock to support the short positions. Short interest declined by $273 million in July to a current $1.003 billion after peaking in June at $1.44 billion, according to S3 Partners, a financial data, analytics and services firm. Still, short sellers are not making as much money as one might think. This is nearly 18 percent below its initial public offering price of $17 a share. Shares of hedge fund favorite Snap fell another 2.8 percent to close at $14.08.
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