Hyundai IPO: QIBs rescue India's biggest-ever offer

Hyundai IPO: QIBs rescue India’s biggest-ever offer

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 […]

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Infosys, Wipro ADRs down 3% on NYSE after Q2 results even as S&P, Dow drift near

Infosys, Wipro ADRs down 3% on NYSE after Q2 results even as S&P, Dow drift near

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

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Zomato board to consider raising funds via QIP on October 22

Zomato board to consider raising funds via QIP on October 22

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

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Usha Financial Services raises ₹20 crore ahead of IPO on October 24

Usha Financial Services raises ₹20 crore ahead of IPO on October 24

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.

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Pennar Industries Share Price Target

Pennar Industries Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Pennar Industries Ltd is an Indian manufacturing company that specializes in producing engineering and steel products. Founded in 1971, it has grown to become a key player in sectors like automotive, construction, and renewable energy. The company is known for its high-quality products, including cold-rolled steel, metal components, and value-added engineering solutions. Pennar Industries Share

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Elecon Engineering Share Price Target Tomorrow 2024 To 2030 – Stock Market Update

Elecon Engineering Company Ltd is an Indian engineering company known for manufacturing equipment used in various industries, including power, cement, and material handling. Established in 1951, Elecon has built a strong reputation for its quality products and engineering solutions. Elecon Engineering Share Price on NSE as of 18 October 2024 is 627.00 INR. Here will provide

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IREDA Share Price Target

IREDA Share Price Target Tomorrow 2024 To 2030 – Prediction, Market Overview

Indian Renewable Energy Development Agency Ltd (IREDA) is a government-owned company that plays a vital role in promoting renewable energy in India. Established in 1987, IREDA focuses on providing financial assistance for renewable energy and energy efficiency projects, such as wind, solar, biomass, and small hydropower. IREDA Share Price on NSE as of 18 October 2024

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BSE shares tumble 7% after Jefferies cuts rating to ‘underperform’

BSE shares tumble 7% after Jefferies cuts rating to ‘underperform’

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.

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