Pressure vessels, process flow skid equipment, air-cooled heat exchangers, shell and tube heat exchangers, and other types of heat transfer equipment are among the products that United Heat Transfer specialises in making. These parts are essential for a wide range of applications, including railroads, ships, marine engines, and petrol and diesel engines. They are also…
On October 21, 2024, Deepak Builders and Engineers Limited will launch its initial public offering (IPO), which will be open to the public until October 23, 2024. Thus, October 21–23, 2024, will be the date of Deepak Builders and Engineers’ initial public offering. The IPO price for Deepak Builders and Engineers has been set by…
Results for LTIMindtree Q2: On Thursday, October 17, LTIMindtree said that its consolidated net profit for the second quarter of FY25, which ended in September, increased 7.7% year over year (YoY) to ₹1,251 crore. The company declared a net profit of ₹1,161.8 crore in the prior year. Sequentially, the consolidated net profit climbed by 10.33%….
The IT giant Wipro announced a bonus share issue and posted respectable profitability for the second quarter of FY25, which caused the share price to soar by more than 5% in early trading on Friday. On the BSE, Wipro shares increased by 5.34% to a peak of ₹557.05 per. In the quarter that concluded in…
The Indian stock market opened down on Friday morning trades, extending the selling frenzy for an additional session. Within minutes of the Opening Bell, the Nifty 50 index hit an intraday low of 24,567 after opening with a downside gap of 24,664. The 50-stock index dropped around 560 points throughout four sessions after hitting its…
Hyundai Motor India IPO: Retail investors were not drawn to Hyundai Motor India’s much-anticipated initial public offering, as just 50% of the shares were subscribed on the final day of the share sale. Based on available records, this initial public offering (IPO) is the biggest in India and the second-biggest globally in 2024. It is…
The New York Stock Exchange (NYSE) saw a significant decrease in the American Depository Receipt (ADR) shares of Infosys and Wipro, the top IT service providers in India, following the release of their July–September quarter results for fiscal 2024–25 (Q2FY24). On the American stock exchange, Infosys ADR fell 3% to $21.6 despite the big IT…
According to a regulatory filing, the board of food delivery startup Zomato Ltd. will take qualified institutions placement (QIP) funding under consideration on October 22. Zomato’s BSE shares ended trading 1.4% lower at Rs 270.3 a share on October 17. Zomato has also announced that on October 22, its board will accept the results of…
The primary market debut of Usha Financial Services, an NBFC, is scheduled for next week. On Thursday, October 24, the public offer of ₹98.45 crore will go on sale. It will end on Monday, October 28. The pricing range for Usha Financial Services’ initial public offering (IPO) is set at ₹160 to ₹168 per share….
One of the oldest stock exchanges in Asia, the Bombay Stock Exchange (BSE), had its shares drop 7% during intraday trade on Wednesday, October 16, to ₹4,419 per. The stock saw a decrease after a downgrade by international broking Jefferies, which downgraded the stock from ‘hold’ to ‘underperform,’ citing an unattractive risk-reward profile shortly after….