IPO Date: Open October 21, 2024 – Closed October 23, 2024 Issue Price: ₹1,427 – ₹1,503 per share Fund Raised: ₹4,321.44 crore Components: ₹3,600 crore (fresh issue) + ₹721.44 crore […]
Tejas Networks: Telecom Infrastructure Provider and 5G Innovator
Tejas Networks is an Indian company that designs, develops, and sells high-performance, cost-competitive telecommunications equipment, primarily in the optical and data networking space. The company has become one of India’s […]
Mastering High-Subscription IPOs: Strategies from LIC and Hyunda
An Initial Public Offering (IPO) is when a private company offers shares to the public for the first time. High subscription in an IPO indicates that the demand for shares […]
Hyundai Motor India Debuts at ₹1,931, 1.5% Below IPO Price
The stock price of Hyundai Motor India has opened at Rs 1,931 per share on the BSE, which is a discount of 1.5% compared to its IPO price of Rs […]
Waaree Energies IPO Fully Subscribed on Day 1 Amid High
Waaree Energies’ Rs 4,321-crore IPO saw full subscription within two hours of opening on October 21. A leading solar energy company with a 12 GW PV module capacity, Waaree attracted […]
Hyundai Motor IPO Listing on BSE & NSE After 237% Subscription
The IPO of Hyundai Motor India Ltd (HMIL) has been a subject of much anticipation and speculation. While the strong subscription rate from institutional investors is encouraging, the relatively subdued […]
Hyundai Motor India’s Rs 27,870 Crore IPO Subscribed 2.37 Times
Hyundai Motor India’s IPO, the largest in India’s history, concluded with a strong subscription rate of 2.37 times. The Rs 27,870 crore public issue saw a late surge in demand […]
China’s Q3 GDP Grows 4.6%, Surpassing Economists’ Forecast
In Q3 2024, China’s economy grew by 4.6% year-over-year, slightly surpassing analysts’ forecasts. While this reflects economic resilience, quarter-on-quarter growth slowed to 0.9%, indicating challenges in reaching the government’s 5% […]
Indian Stock Market Plunges: Nifty Down 330 Points
The Indian stock market is currently trading in the red. The Nifty is down 0.13% at 24,650, and the Sensex is down 0.08% at 330 points. All the sectoral indices […]
Pranik Logistics Lists at 2.6% Premium Despite Strong IPO
Pranik Logistics shares listed at a modest 2.6% premium over their IPO price on the National Stock Exchange Small and Medium Enterprises (NSE SME) platform. The listing gains fell short […]
Bajaj Auto Shares Plummet 8% on Weak Q2 Results
Bajaj Auto’s stock fell 8% following disappointing Q2 earnings, driven by weak sales in its key three-wheeler segment and rising input costs. The company also cut its guidance for the […]
RVNL Stock Surges 4% After Winning ₹270 Crore Contract
RVNL has secured a contract worth ₹270 crore from the Maharashtra Metro Rail Corporation. The contract involves the construction of elevated metro stations. The contract is expected to boost RVNL’s […]
SP Group Bonds: A Surprising Comeback Amidst
Unexpected Demand for SP Group Bonds: Despite the downgrade, there’s been a surge in interest for SP Group bonds, particularly from domestic wealth management firms. This unexpected demand suggests that […]
Maharatna HAL: Soaring to New Heights with potential implications
HAL acquiring Maharatna status is indeed a significant development with potential implications for its share price. Higher Investment Capability: With the Maharatna status, HAL will have access to more resources […]
“Bondada Engineering Achieves Major Order Win”
Revenue Growth: The Rs 1,132 crore order will likely contribute significantly to the company’s revenue, enhancing financial stability. Market Confidence: A stock price increase indicates that investors are optimistic about […]