Manglam Infra and Engineering Ltd made a strong impression on the stock market with its Initial Public Offering (IPO). The initial public offering (IPO) of Manglam Infra and Engineering Ltd made a significant impact on its debut on the NSE SME platform on July 31. The shares listed at a […]
Coal India Ltd (CIL) is anticipating a significant decline in its net profit for the first quarter of the financial year. Estimates suggest a 40% drop compared to the same period last year. While lower e-auction premiums are the main concern, other factors could also contribute to the profit decline. […]
Indian Oil Corporation (IOC) has reported a significant decline in its net profit for the first quarter of the financial year 2025. The profit has fallen by a substantial 75% to Rs 3,723 crore compared to the same period last year. Net Profit: Falls by 75% Current Net Profit: Rs […]
Increased reliance on China: Ola Electric’s imports from China surged from 19% in FY23 to 37% in FY24, despite government incentives for local manufacturing.Ola Electric, preparing for an initial public offering (IPO), experienced a notable increase in its import costs from China during the financial year 2023-24. This rise occurred […]
Breakdown of the Headline 1.Indices off day’s high: The stock market indices, such as the Sensex and Nifty, reached their highest point for the day but then declined from that peak. 2.Banks pare gains: Banking stocks, which had been performing well, started to see their gains reduced or eliminated. 3.Realty […]
Breakdown of the Headline 1.Indices off day’s high: The stock market indices, such as the Sensex and Nifty, reached their highest point for the day but then declined from that peak. 2.Banks pare gains: Banking stocks, which had been performing well, started to see their gains reduced or eliminated. 3.Realty […]
Ola Electric is set to launch its IPO on August 2, 2024, aiming to raise ₹5,500 crore through a fresh issue of equity shares. The IPO will also include an offer for sale (OFS) of approximately 8.49 crore shares by promoters and investors (IPO Watch). Key Details: IPO Dates: Opens […]
SJVN Limited experienced a remarkable 11% surge in its stock price following the announcement of securing a massive Rs 13,000 crore pumped storage project in Mizoram. This significant achievement highlights the company’s expanding footprint in the renewable energy sector. The project, aimed at enhancing energy storage capabilities, underscores SJVN’s commitment […]
SJVN Limited experienced a remarkable 11% surge in its stock price following the announcement of securing a massive Rs 13,000 crore pumped storage project in Mizoram. This significant achievement highlights the company’s expanding footprint in the renewable energy sector. The project, aimed at enhancing energy storage capabilities, underscores SJVN’s commitment […]
Sanstar’s initial public offering (IPO) has had a successful start. Listing price: Shares listed at Rs 109 on the NSE, a 14.7% premium over the issue price of Rs 95. IPO size: Totaled Rs 510.15 crore, comprising a fresh issue and an offer for sale. Subscription: The IPO was oversubscribed […]