ICICI Bank’s share price will be closely watched on Thursday as its joint venture partner Prudential plc considers listing ICICI Prudential Asset Management by partially divesting its shareholding “Prudential plc announced today that it is evaluating a potential listing of ICICI Prudential Asset Management Company Limited, which includes a partial divestment of its shares, subject…
The benchmark equity indexes fell for the sixth straight day on Wednesday, February 12, as investors remained cautious in the face of intensifying trade battles and foreign investment withdrawals. Though the indexes fell dramatically during the day, the domestic stock indices recovered sharply during the mid-market session, with the core benchmark and wider indices recouping…
A violent selloff slams India’s stock market, with some of its most valuable equities falling 71% from their highs. Whether it’s the shadow of Donald Trump’s tariff threats, a scary warning from India’s top contrarian investor S Naren, or an earnings-valuation mismatch finally catching up, the carnage is uncompromising. As high-net-worth individuals and family offices…
Shares of Page Industries and NHPC will be under focus today, February 13, as they trade ex-date for interim dividends. Other firms that declared an ex-dividend today include Eris Lifesciences, Veedol Corporation, and Sun TV Network. These firms have similarly designated February 13 as the record date for calculating the names of members eligible for…
Tata Power Renewable Energy (TPREL), Tata Power’s green energy subsidiary, has signed a non-binding Memorandum of Understanding (MoU) with public sector behemoth Oil and Natural Gas Corporation (ONGC) for joint opportunities in the Battery Energy Storage System (BESS) space, according to a filing with the exchanges. Tata Power shares ended at ₹348.10 on February 12,…
Despite the stock market fall, multi-bagger Mercury Ev-Tech Ltd’s share price increased 9% in the early sessions following Q3 Results 2025. Mercury Ev-Tech’s share price movement: Mercury Ev-Tech’s share price began at ₹76 on the BSE on Wednesday, up over 4% from the previous close of ₹72.92. Mercury Ev-Tech’s share price reached a high of…
On February 12, Ken Enterprises shares debuted at ₹85 on NSE SME, 9.57 percent lower than the issue price of ₹94. Ken Enterprises’ IPO, worth ₹83.65 crore, was offered for subscription from February 5–February 7. The SME IPO price was set at ₹94 per equity share. Following three days of bidding, Ken Enterprises’ IPO ended…
Lupin shares recovered from their day-low after the business reported solid financial results for the quarter ending December 2024 (Q3 FY25). The stock initially declined by 3.2 percent to an intra-day low of ₹2,000.10 in early trade but rebounded by over 6% to reach a day’s high of ₹2,116. Financial Performance: Lupin reported a total…
Ajax Engineering’s IPO Day 3 Live Updates: Ajax Engineering Ltd’s initial public offering (IPO) was 49% subscribed on Tuesday, the second day of bidding. The demand for the IPO has been modest thus far, albeit the amount earmarked for staff has been fully booked, while retail and non-institutional investors have only booked half of their…
Hexaware Technologies’ IPO Day 1 Live updates: Hexaware Technologies Ltd, an IT services provider, will launch its IPO on February 12 with a price range of ₹674-708 per share. CA Magnum Holdings, linked with the Carlyle Group, is offering equity shares worth ₹8,750 crore through the Hexaware IPO, which ends on February 14. Investors can…