Garuda Construction and Engineering’s stock had a strong opening on the exchanges today. It went public on the NSE at ₹105, 9.5 per cent over its IPO price of ₹95. In the meantime, it floated at ₹103.20 on the BSE, up 8.63 per cent from the issue price. The ₹264.10 crore initial public offering (IPO) […]
Garuda Construction and Engineering lists at ₹105, up 9.5% from IPO price Read More »
This week, investors will be closely monitoring corporate earnings releases, retail sales data, and unemployment claims reports to further validate the economic resilience that has bolstered equity markets this month. This will put the US consumer confidence in the focus. The benchmark S&P 500, which has gained more than 21% this year, is poised to
Wall Street Week Ahead: Investors eye ECB policy, US poll buzz, Q3 earnings Read More »
On Tuesday, October 15, 2024, subscriptions for Hyundai Motor India Ltd., the top automaker, will be accepted in the country’s primary market for its anticipated mainboard initial public offering (IPO). On October 22, 2024, shares of the car major will trade on D-Street. All investor groups may continue to bid on the public offering through
Hyundai Motor India IPO: Company Overview & Much More Read More »
After the company announced that it was acquiring the global pigment division of Germany’s Heubach Group, shares of Sudarshan Chemical Industries surged 20% on Friday, October 11 to reach a 52-week high. The company in an exchange filing today said, “… Sudarshan Chemical Industries Limited has entered into a definitive agreement on 11th October 2024,
Sudarshan Chemical shares surge 20%, hit 52-week: Know More About It Read More »
The rally in mining companies propelled Canada’s main stock index to a new high on Friday, as worries about a fragile labour market were allayed by an unexpected drop in the country’s unemployment rate. The composite index of the S&P/TSX of the Toronto Stock Exchange. The GSPTSE reached an all-time high of 24,482.62 in the
Canada’s TSX touches record high after strong domestic jobs data Read More »
The RBI should have lowered key lending rates to increase house demand during the current holiday season, according to Realtors’ apex body Credai, which also asked that the apex bank take lowering the repo rate into consideration at its upcoming meeting. The Reserve Bank of India (RBI) relaxed its very hawkish policy stance to “neutral”
Housing finance companies may miss out on festive demand Read More »
U.S. bank profits sent global markets higher on Friday, putting them on pace for a weekly gain. Meanwhile, U.S. Treasury costs mainly decreased as readings on consumer confidence and inflation reinforced predictions over the trajectory of rate cuts by the Federal Reserve. September’s U.S. producer price index for final demand was steady, slightly less than
Stocks climb on bank earnings boost, US yields falls Read More »
Due to the low cost of services compared to other Asian nations and the favourable regulatory climate, telecom companies such as Bharti Airtel and Vodafone Idea have the leeway to impose an additional 15% tariff hike in FY27, according to analysts. Analysts at JPMorgan have determined that annual pricing hikes are necessary for Vodafone Idea,
Telcos have headroom for more 15% tariff hikes in FY27, says JP Morgan Read More »
The Reserve Bank of India (RBI) approved Partha Pratim Sengupta’s appointment as Managing Director and Chief Executive Officer (MD & CEO) for a three-year term, effective November 10, 2024, and the private sector lender’s share price saw a nine per cent increase to Rs 204.90 on the BSE in intraday trading on Friday. “The Bank
Bandhan Bank stock up 9% after RBI approves Partha Pratim Sengupta as MD and CEO Read More »
On Thursday, October 10, the price of Phoenix Overseas shares reached the five per cent upper circuit limit. The price of Phoenix Overseas shares opened on the NSE SME on Thursday at ₹44.80, up more than 2% from the previous close of ₹43.60. In intraday trading, the stock increased its gains to 5% and reached
Phoenix Overseas shares: NSE SME stock hits 5% upper circuit, Are you a holder? Read More »
