Share Market

Last Updated: February 13, 2024, 13:16 IST Hindalco tanks 15% post Novelis December quarter results Shares of Hindalco Industries tanked 15 per cent to the day’s low of Rs 497.50 on the NSE Hindalco Share Price: Shares of Hindalco Industries tanked 15 per cent to the day’s low of Rs 497.50 on the NSE on … Read more

In Sebi’s parlance, receiving observations from the regulator means its go-ahead to float the maiden public issue. Gopal Snacks, Dee Development Engineers and SRM Contractors received Sebi’s go-ahead Upcoming IPO 2024: In a significant stride towards their growth trajectories, Gopal Snacks Ltd, Dee Development Engineers and SRM Contractors have been granted the green light by … Read more

Italian Edibles IPO: The initial public offering of the Italian Edibles IPO, which was closed on February 7, is going to be listed on the NSE SME on Monday, February 12. Here’s how to check allotment status, and what GMP suggests today. On the final day of bidding on February 7, the IPO received over … Read more

The bank will use the money from the fresh issue to augment its core capital to meet future capital requirements and improve its capital adequacy ratio. (Representative image) The Bengaluru-headquartered firm’s IPO had a fresh issue of up to Rs 462 crore and an OFS of up to 2,608,629 shares The initial public offering of … Read more

Jana Small Finance Bank IPO Closes Today: Check Subscription Status, GMP Today. Unlisted shares of Jana Small Finance Bank are trading Rs 59 higher in the grey market, which is a 14.25 per cent listing gain from the public issue Jana Small Finance Bank IPO: The initial public offering (IPO) of Jana Small Finance Bank, … Read more

Stock Market Today (Representative Image) Stock Market Updates: Erasing all its early gains, the 30-share BSE Sensex fell by 746.62 points to 71,405.38. The Nifty declined 220.95 points to 21,709.55. Stock Market Updates: Equity benchmark indices tanked on Thursday after the Reserve Bank of India’s monetary policy decision. Sensex dropped 723.57 points to settle at … Read more

Rashi Peripherals IPO: Retail investors have the option to bid for a minimum of 48 shares. The IPO will open for subscription on February 7, 2024, and close on February 9, 2024. Rashi Peripherals IPO: The subscription for the initial public offering (IPO) of Rashi Peripherals, a distributor of information and communications technology (ICT) products, … Read more

IPO Update: The primary market is witnessing increased activities with three entities — Rashi Peripherals, Jana Small Finance Bank and Capital Small Finance Bank — set to float their maiden initial public offerings (IPOs) on Wednesday to collectively mobilise around Rs 1,700 crore. Additionally, Entero Healthcare Solutions will launch its Rs 1,600-crore IPO on February … Read more

HMIL commenced operations in India in 1996 and currently sells 13 models across segments. If the company goes ahead with the IPO, it will be the largest in India, beating LIC share sale worth Rs 21,000 crore. The South Korean automotive giant, Hyundai, is said to be considering an initial public offering (IPO) later this … Read more

Last week, the BSE benchmark jumped 1,384.96 points or 1.95 per cent, and the Nifty climbed 501.2 points or 2.34 per cent. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. Stock markets will be driven by quarterly earnings by index majors, global … Read more

Aadhar Housing Finance IPO. Initial public offering of Aadhar Housing Finance Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 5,000 crore through the offering Aadhar Housing Finance IPO: Aadhar Housing Finance Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 5,000 crore through the offering. The … Read more

Sensex, Nifty Today. (Representative image/Reuters) The BSE Sensex jumped 440.33 points to settle at 72,085.63, while the NSE Nifty climbed 156.35 points to 21,853.80 A day after the presentation of the Interim Budget 2024, domestic benchmark equity indices settled on a higher note on Friday, February 2. The BSE Sensex jumped 440.33 points to settle … Read more

On March 11, 2022, the RBI had barred PPBL from onboarding new customers with immediate effect. Paytm’s stock fell to a six-week low of 609 rupees. Paytm, the Indian payments company, experienced a 20% decline in pre-market trading on Thursday. This followed a regulatory decision in India to suspend operations at Paytm’s payments bank unit, … Read more

Investors can subscribe to the IPO in lots of 96 equity shares and multiples thereof. The floor price of Rs 147 reflects 53.45 times the price-to-earnings ratio based on diluted EPS (earnings per share) for the fiscal year 2023. Apeejay Surrendra Park Hotels on Wednesday said it has set a price band between Rs 147 … Read more

BLS E-Services Ltd on Monday mobilised Rs 126 crore from anchor investors. The initial public offering has a fresh issue of up to 2,30,30,000 equity shares. It has a price range of Rs 129-135 a share. The Initial Public Offering (IPO) of BLS E-Services Ltd was fully subscribed within minutes of opening for subscription on … Read more

Industry experts said that the stock market performance along with the positive investor sentiments led to higher fund mobilisation through NFOs in 2023. The NFOs were floated to capitalise on the mood of investors and attract their investment as they were willing to invest at that time. Asset management companies launched 212 new fund offerings … Read more

Wipro founder Azim Premji (File photo) Tech magnate Azim Premji’s son Rishad Premji currently helms Wipro as its Executive Chairman, and is a prominent face of the IT industry. Wipro founder Azim Premji has transferred 1.02 crore equity shares of Wipro held by him to his two sons –Rishad Premji and Tariq Premji– as ‘gift’, … Read more

In Sebi’s parlance, obtaining observation letters means its go-ahead to launch an IPO. Sebi has returned the IPO papers of Stallion India Fluorochemicals. Upcoming IPO List: Entero Healthcare Solutions, JNK India, Exicom Tele-Systems and Akme Fintrade (India) have received markets regulator Sebi’s approval to raise funds through initial public offerings. However, the Securities and Exchange … Read more

Sensex, Nifty Today. (Representative image/Reuters) Is Stock Market Open Today? Indian stock markets, BSE and NSE, will remain closed for trading on January 26 on account of Republic Day Is Stock Market Open Today? Indian stock markets, BSE and NSE, will remain closed for trading on January 26 on account of Republic Day. This day … Read more

The bank had earned a net profit of Rs 629 crore in the same quarter a year ago. The bank’s interest income rose to Rs 27,289 crore compared to Rs 22,384 crore in the third quarter of the previous fiscal. State-owned Punjab National Bank (PNB) on Thursday posted an over three-fold increase in its profit … Read more

A total of 25 stocks of the 30-share benchmark settled in green, while 43 constituents of the NSE Nifty witnessed gains. Equity benchmark indices Sensex and Nifty rebounded sharply by 1 per cent on Wednesday Equity benchmark indices Sensex and Nifty rebounded sharply by 1 per cent on Wednesday after sliding for the past two … Read more

Out of the 30 companies on Sensex, 25 stocks saw a decline on January 23. The Sensex on January 23 tumbled 1,053.10 points to settle at 70,370.55, while the Nifty fell 330.15 points to 21,241.65 The domestic equity market on Tuesday, January 23, saw a terrible Tuesday falling to a one-month low, as the BSE … Read more

Coal India. Share Price 398.80 03:59 PM | 20 Jan 2024 15.56(4.06%) Adani Ports & Special Economic Zone. Share Price 1193.00 03:59 PM | 20 Jan 2024 40.55(3.52%) Adani Enterprises. Share Price 2987.90 03:59 PM | 20 Jan 2024 72.25(2.48%) Kotak Mahindra Bank. Share Price 1806.80 03:59 PM | 20 Jan 2024 42.50(2.41%) ICICI Bank. … Read more

Exchanges will remain closed on Monday as there will be a stock market holiday for both equity and derivative markets on the occasion of the inauguration of Ram Mandir. The exchanges late Friday declared a holiday under the Negotiable Instrument Act. Similarly, commodity markets will remain shut for the first half and will open in … Read more

Nifty on Saturday ended 51 points weaker to form a negative candle engulfing the previous session’s bullish candle. On the weekly charts, a bearish engulfing pattern was seen. The short-term trend of Nifty remains choppy. Having faced weakness after a small rise on Saturday signalled a weak bias for the market ahead. At the higher … Read more

Private sector lender RBL Bank on Friday reported 11% year-on-year growth in its standalone net profit to Rs 233 crore for the quarter ended December 2023. The same stood at Rs 209 crore in the last-year quarter. On a sequential basis, net profit fell 21%. Net interest income, the difference between interest earned and interest … Read more

MUMBAI – Following an overwhelming response to the offer for sale (OFS) of NHPC from institutional investors, the government has decided to exercise the greenshoe option and sell an additional 1% stake in the renewable energy major. On Wednesday, the government announced plans to sell 251,125,870 shares, representing a 2.5% stake in NHPC, and set … Read more

The Indian market closed deep in the red with losses of over 2% on Wednesday weighed down by weak global cues and muted earnings from banking heavyweight HDFC Bank. The S&P BSE Sensex plunged over 1600 points while the Nifty50 closed at 21,571, down 460 points on Wednesday. Sectorally, selling was seen in banks, metals, … Read more

Private sector Federal Bank on Tuesday reported a 25% year-on-year rise in net profit at Rs 1007 crore for the December 2023 quarter, beating market expectations. A rise in net interest income as well as other income and a fall in provisions has helped the bank book its highest-ever quarterly profit. The net interest margin … Read more

MUMBAI – Jio Financial Services on Monday reported a 56% sequential fall in consolidated net profit for the quarter ended December 2023 to Rs 294 crore. Consolidated revenue from operations fell nearly 32% from the previous quarter to Rs 413.61 crore. Total expenses for the December quarter were Rs 98.95 crore compared with Rs 71.43 … Read more