Private sector lender HDFC Bank rose over 3 per cent in intra-day trades on Monday, November 25 to a fresh record high of ₹1801.90. The stock has now surpassed ₹1,800 for the first time. The rally coincides with a sharp increase in the overall market due to the BJP-led NDA’s triumph in the Maharashtra elections….
The SME IPO of Rajesh Power Services, which went live on Monday, November 25, is seeing a respectable number of subscriptions. The goal of the three-day public offering, which ends on November 27, is to raise ₹160.47 crore. The initial public offering (IPO) has established a price range of ₹319–335 per share. The issue had…
According to exchange data, Rajputana Biodiesel’s initial public offering (IPO), which went up for bid on Tuesday, November 26, attracted a substantial amount of investor interest. As of 11:00 a.m., the issue had been subscribed 0.23 times. The non-institutional investor (NII) category received a 0.30 times subscription, but the retail investor segment earned a 0.33…
As Zomato, the meal delivery aggregator, prepares to replace JSW Steel in the BSE Sensex index, its shares jumped 6.35% in early morning trading on Monday, November 25 to reach their 6-week high of ₹273 each. The business will join the 30-share frontline index as the first modern tech stock. On Friday after market hours,…
As of November 22, 2024, Ganesh Infraworld Limited’s IPO price ranges from ₹78 to ₹83 per share, with a ₹9 Grey Market Premium. The subscription period, which offers 1600 shares, runs from November 29 to December 3, 2024. As of November 22, 2024, Ganesh Infraworld Limited’s Grey Market Premium (GMP) is ₹9. This evaluation aligns…
The Indian stock market saw respectable purchasing during early morning trades on Monday, continuing the Friday retreat rebound. At the Opening Bell, the frontline indicators spiked up to 2%. Within minutes of the Opening Bell, the Nifty 50 index recorded an intraday rise of 423 points against Friday’s closing of 23,907, having begun with an…
On Monday, November 25, the National Stock Exchange (NSE) prohibited trading in seven equities in the futures and options (F&O) segment because they were trading at more than 95% of the market-wide position limit (MWPL). These equities will, nevertheless, be traded on the cash market. The list of securities in the F&O ban for trade…
On Friday, November 22, Cochin Shipyard said that it and Seatrium Letourneau USA, Inc. (SLET) had signed a memorandum of understanding (MoU) for the design and essential equipment of jack-up rigs for the Indian market. According to the company, the cooperation intends to take advantage of chances for mobile offshore drilling units made to satisfy…
Punit Goenka, the former CEO and managing director of Zee Entertainment Enterprises Ltd (ZEEL), has formally withdrawn his consent to be reappointed following his resignation as managing director of Zee Business. The ZEEL board proposed Goenka’s reappointment for a five-year term starting January 1, 2025, contingent on shareholder approval at the next Annual General Meeting…
Managers of ESG funds have once again been caught in the middle of a market catastrophe. Shares of Adani Green Energy Ltd., which are held by roughly 770 ESG funds globally, recently saw a 25% decline in value following US authorities’ charges of alleged bribery against Gautam Adani. It’s one of several Adani empire companies…