ECO Mobility earned approval from SEBI for its public offer. So at that point, the Initial public offering is a book-built issue of Rs 601.20 crores and an offer for sale of 1.8 crore equity shares. The ECO Mobility IPO opens for subscription on August 28 and will close on August 30. This being the…
Stock market holiday: Due to Muharram, today, Wednesday, July 17, will see the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the two major stock markets, open. Stock market holiday:Â NSE and BSE will be closed today The BSE reports that the currency derivatives, interest rate derivatives, stock, equity derivative, SLB, and equity derivatives…
Read More “Stock market holiday:Â NSE and BSE will be closed today in observance of Muharram 2024” »
In order to supervise the management and administration of research analysts and investment advisers, SEBI, India’s capital markets regulator, has recognized BSE as the supervisory authority. In its circular, SEBI stated that, “for the administration and supervision of Research Analysts (RAs) and Investment Advisors (IAs), respectively, as (RAASB) and (IAASB), BSE has been granted recognition…
Before the allotment was revealed, on the final day of the bidding for the issuance, shares in Emcure Pharma were fetching a premium on the grey market, between Rs. 390 and Rs. 400. Emcure Pharmaceuticals’ shares made a solid Dalal Street debut on Wednesday when they were listed on the NSE at Rs 1,325.05, which…
Read More “Strong D-St debut for Emcure Pharma shares, which list at a 31% premium” »
Indian Renewable Energy Development Agency (IREDA) shares increased 6% in early trading today following the company’s announcement that loan sanctions increased by 382.62% year over year (YoY) to Rs 9,136 crore in the June 2024 quarter compared to Rs 1,893 crore in the June 2023 quarter. Loan disbursements increased to Rs 5,320 crore in the…
Read More “IREDA’s shares rise 6%, surpass Rs 200 in the first transaction; Verify specifics” »
A new 52-week high was reached by India Cements’ stock on Thursday, following rumors that UltraTech Cement would acquire a roughly 23% share in the company. Up to 70.6 million shares of India Cements would be purchased by UltraTech for Rs 267 a share. It is expected that the transaction would be finished in a…
Sensex and Nifty 50: On the expiry day of May futures and options (F&O) contracts, which fell on Thursday, May 30, the Indian stock market saw a massive selloff. The Lok Sabha election 2024 results, which are scheduled to be declared on June 4 of the following week, have market investors nervous. Political anxiety never…
Thursday saw a fall in the overall market, which led to the shares of Paytm (listed as One97 Communications) hitting the upper circuit of 5% for the second straight session. The BSE saw a 4.99% increase in the stock price to Rs 401.55 at 10:07 am. In one year, it dropped 46.17%, and by 2024,…
Read More “Paytm shares rise limit up two days in a row; possible reach of Rs 650?” »
The manufacturer of consumer durables, Whirlpool of India Ltd., announced on Monday that its consolidated net profit for the March quarter increased by 24.7% to Rs 79.45 crore. Whirlpool of India, a division of Whirlpool Corporation, stated in a regulatory filing that the business had reported a net profit of Rs 63.71 crore for the…
Read More “Whirlpool of India’s Q4 net profit increases by 24.7% to Rs 79.5 crore” »
Vodafone Idea share price: The global brokerage UBS improved its recommendation from “neutral” to “buy,” with a revised target price of ₹18 from ₹13.10, which caused the share price of Vodafone Idea to surge by more than 4% on Friday. On the BSE, the price of Vodafone Idea shares opened at ₹14.23, the intraday low,…
Read More “Vodafone Idea share price surges over 4% following UBS’s upgrade to ‘buy’ rating” »
