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BSE:500710 17 December 2025

Akzo Nobel India Stock Slides Up to 15% on ₹1,638 Crore Block Deal After JSW Takeover: Latest News, Forecasts, and What Investors Are Watching

Akzo Nobel India Stock Slides Up to 15% on ₹1,638 Crore Block Deal After JSW Takeover: Latest News, Forecasts, and What Investors Are Watching

Akzo Nobel India shares fell as much as 15% on December 17 after a large block deal at a discount, with 48.8–51.9 lakh shares—about 9–11% of equity—traded for around ₹1,638 crore. The likely seller was Imperial Chemical Industries, part of the former promoter group, days after JSW Paints completed its takeover and became the new majority owner.

Stock Market Today

  • Coupang (CPNG) Shares Drop Amid Growth Investment; Valuation Seen Undervalued at $27.24
    June 9, 2026, 5:12 PM EDT. Coupang's stock declined over 11% in the past month and 35% year-to-date, pressured by ongoing net losses and aggressive investments. The South Korean e-commerce firm reported $35.13 billion in annual revenue but a $165 million net loss, driven by expansions in Product Commerce and Developing Offerings like delivery and fintech. At $15.18 per share, it's trading well below analysts' $27.24 fair value estimate, suggesting a 44% undervaluation. Improved operational efficiencies from automation and AI investments bolster long-term margin and earnings growth prospects. However, regulatory risks post-2025 data breach and losses in new markets like Taiwan pose challenges. Investors weigh Coupang's growth potential against near-term financial headwinds amid a volatile stock performance period.

Latest articles

RBC Stock Hits 52-Week High Even as TSX Falls

RBC Stock Hits 52-Week High Even as TSX Falls

9 June 2026
Royal Bank of Canada surged to a new 52-week high at C$277.09 before closing up 1.24% at C$276.01, outpacing the S&P/TSX’s 0.2% drop, after reporting Q2 net income of C$5.5 billion and adjusted EPS of C$3.90, beating estimates. Despite strong results and a 58.61% year-over-year gain, risks remain as the market is not cheap and investors await the Bank of Canada’s rate decision.
BigBear.ai Stock Drops as Panama AI Buzz Runs Into Dilution Worries

BigBear.ai Stock Drops as Panama AI Buzz Runs Into Dilution Worries

9 June 2026
BigBear.ai shares fell 33 cents to $3.98 as investors weighed a Panama cargo-security deployment, annual meeting results, and the company’s ongoing losses; despite a 14% backlog jump and $431.5 million in cash, revenue conversion remains uncertain, and a recent increase in authorized shares raises dilution risks.
Velo3D shares jump on gas-turbine order; VELO gains traction

Velo3D shares jump on gas-turbine order; VELO gains traction

9 June 2026
Velo3D shares soared 21% to $19.64 after announcing a gas-turbine manufacturing partnership with Aurelia Technologies using its Sapphire XC platform, expanding beyond aerospace and defense; no order value disclosed, so gains reflect expected future work as investors await Wednesday’s investor presentation.
Colorado PERA pay dispute spotlights mix of big bonuses and lower pensions

Colorado PERA pay dispute spotlights mix of big bonuses and lower pensions

9 June 2026
Colorado’s public pension fund paid $11.7 million in bonuses to investment staff after losing $9.8 billion in 2022, even as retirees’ checks lag inflation and the fund faces a $29 billion gap, fueling scrutiny over rising compensation while retirees and taxpayers absorb cuts and higher contributions.
Wall Street on Edge as Nasdaq AI Losses Deepen Before CPI, IPOs

Wall Street on Edge as Nasdaq AI Losses Deepen Before CPI, IPOs

9 June 2026
Nasdaq plunged 1.21% and S&P 500 fell 0.53% as tech and AI stocks resumed their sharp selloff, with the S&P tech index down over 4% at one point, while investors braced for Wednesday’s key CPI inflation data, Iran risks, and a wave of major IPOs that could force further stock rotation.
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