Maharashtra Natural Gas (MNGL), a joint venture between BPCL, GAIL, and IGL, plans to raise over ₹1,000 crore through an IPO, according to a company filing by BPCL on January 6. The board has given preliminary approval for the offering. “We would however like to mention that there has been a news report that MNGL,…
On Friday, January 3, Indo Farm Equipment shares debuted flat at ₹256 on NSE, a 19% premium to the issue price of ₹215. On BSE, it listed at ₹258.40, up 20.19% from the IPO price. Indo Farm Equipment’s ₹260.15 crore IPO was open for subscription from December 31 to January 2. The Indo Farm Equipment…
Paras Defence and Space Technologies’ shares rose 10% in early morning trading on Tuesday, January 7, after the business announced that it had been awarded a license under the Arms Act of 1959. The business stated in an exchange filing that this license allows Paras Defence to manufacture MK-46 and MK-48 Belt-fed Light Machine Guns…
Cases of a common respiratory virus known as human metapneumovirus, or HMPV, are increasing in several Asian nations, but doctors believe the situation should not raise concerns about a bigger global health danger. HMPV belongs to the same category of winter bugs as influenza and respiratory syncytial virus (RSV), which frequently peak around this time…
Captain Pipes, one of the leading firms in the PVC pipe industry, has seen its share price on Dalal Street increase tremendously in a short period of time, establishing itself as one of the most significant wealth generators in recent history. The company’s stock, which was selling at Re 0.65 four years ago, has increased…
After the Indian government confirmed two cases of Human Metapneumovirus (HMPV) in Karnataka and one in Gujarat, amid tales of a virus outbreak wreaking havoc in China, stock market investors elected to remain cautious. As a result, the Sensex sank by more than 1,400 points, while the Nifty lost almost 1.7%. The India VIX fear…
Indian benchmark equity indices, the Sensex and Nifty50, fell more than 1.5% on Monday after opening higher, with private and state-owned banks, as well as consumer stocks, leading the loss due to dismal quarterly updates from big corporations. The market decline coincided with the finding of three instances of Human Metapneumovirus (HMPV) in the country….
IDBI Bank said that its overall business increased 12.9% to Rs 4,89,346 crore in Q3 FY25, compared to Rs 4,33,443 crore in Q3 FY24. In the third quarter of FY25, the bank’s total deposits stood at Rs 2,82,439 crore, up 9.29% year on year. During the quarter, net advances rose to Rs 2,06,907 crore, up…
HG Infra Engineering shares will be closely watched on Monday after the company received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Ltd for 250 MW/500 MWH of the project for the establishment of 500 MW/1000 MWh standalone battery energy storage systems in Gujarat under tariff-based global competitive bidding (Phase-IV), with viability gap…
Shares of Bajaj Finance Ltd are in the spotlight today after the non-banking financial company (NBFC) announced its October-December quarter business updates. Bajaj Finance’s stock rose 0.32 per cent to Rs 7411.50 on Friday, compared to the previous closing of Rs 7387.80 on the BSE. A total of 0.43 lakh shares of the company changed…