Government Target: Rs 10,000 crore (Analyst estimates: Rs 4,000 crore – Rs 16,600 crore) 2022 Auction Collection: Rs 1.5 lakh crore (record high) This significant difference suggests a few possibilities: Lower Demand: Telecom companies might have less need for additional spectrum due to various factors like market saturation or strategic […]
Stanley Lifestyles IPO The IPO details you shared seem to be from an older announcement,likely before June 21st, 2024. The actual IPO took place between June 21st and June 25th, 2024, and the subscription window is now closed. The public offering was reportedly well-received, being fully subscribed on the first […]
The meeting was held in New Delhi on June 22nd, 2024, chaired by Finance Minister Nirmala Sitharaman. Focus: Revisions in the CGST Act for a smoother and more standardized process. Changes: Common Time Limit for Demand Notices/Orders: A uniform time limit will be implemented for issuing demand notices and orders […]
Hyundai Motors’ plan for a massive IPO in India seems to be creating a wave in the auto sector. Carraro Group, another major player, is potentially leveraging this positive momentum. Focus on Indian Unit: The IPO will likely focus on Carraro India, their local subsidiary. This suggests they see […]
Top Nifty gainers, losers Top Nifty Gainers: Top Nifty Losers: M&M Cipla Shriram Finance IndusInd Bank Power Grid Corporation Adani Ports Sun Pharma Coal India Grasim Industries Tata Steel sector vice performance Sector Performance capital goods up 0.5-1 percent auto […]
Equity Stake Sold: 0.55% of Axis Bank’s shares were sold in a large trade. Transaction Value: The total value of the trade was Rs 2,088 crore. Share Price: The shares were sold at Rs 1,226 per share, with approximately 1.7 crore shares changing hands. Buyer/Seller Unknown: The identities of the […]
RailTel’s stock price surged over 12% to Rs 488,nearing its 52-week high of Rs 491. This rise follows a work order win of Rs 20.22 crore from South Central Railway. RailTel’s year-to-date performance is outstanding, with a gain of over 44%, significantly outperforming the Nifty 50 index’s 8% rise. It […]
Oil price increase: Oil prices reached a seven-week high, driven by two main factors: Demand hopes: There’s optimism that demand for oil will increase. This could be due to factors like economic growth or increased travel. War jitters: Ongoing geopolitical tensions in Europe and the Middle East are raising concerns […]
Sensex: Up 36.45 points (0.05%) to close at 77,337.59. Nifty : Down 41.90 points (0.18%) to close at 23,516.00. Sectoral Performance: Banks and IT were the only gainers, with Bank Nifty up 2% and IT up 0.4%. Auto, capital goods, metal, oil & gas, power, and realty sectors all closed […]
CFO Resignation: On June 19th, Zee Entertainment’s CFO, Rohit Kumar Gupta, stepped down for personal reasons. Stock Price Decline: This news, coupled with other recent executive departures, has caused Zee Entertainment’s shares to trade 1.6% lower on the National Stock Exchange (NSE). Year-to-Date Performance: Zee Entertainment’s stock price has fallen […]