Size: India’s largest IPO at Rs 27,870 crore. Past Performance: Many large IPOs, including Paytm, Reliance Power, GIC, and New India Assurance, have underperformed. Successful Comparisons: Shares of Coal India, […]
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TCS Reports Q2 FY24 Earnings: Profit Decline
Tata Consultancy Services (TCS) reported a 1.1% quarter-on-quarter decline in net profit for the second quarter ended September, totaling Rs 11,909 crore, which was below market expectations. However, the company’s […]
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Ratan Tata’s Transformative A Global Legacy (1991-2012)
Ratan Tata’s tenure as chairman of Tata Sons from 1991 to 2012 marked a historic transformation for the Tata Group. Through strategic acquisitions and global expansion, Ratan Tata repositioned the […]
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Tata Technologies Stock Rises Despite Axis Capital
Tata Technologies’ recent stock movement reflects some interesting dynamics. Despite a cautious outlook from Axis Capital, which initiated a ‘reduce’ call with a price target of Rs 950, the stock […]
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Tata Power & JSW Energy Get Buy Call from Nomura
Nomura has issued a “buy” call on Tata Power and JSW Energy, citing a positive outlook for both companies. They forecast an upside of up to 32% based on key […]
IPO Details
HVAX Technologies Debuts with 6% Premium on NSE SME
HVAX Technologies made a positive stock market debut on the NSE SME platform, listing at a 6% premium over its IPO price. The strong listing reflects favorable investor sentiment towards […]
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Saj Hotels Shares Debut at 15% Discount on NSE SME Platform
Saj Hotels made a lackluster stock market debut on October 7, listing at ₹55 per share, a 15% discount from its issue price of ₹65. The ₹27.63 crore IPO, a […]
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Kalyan Jewellers Shares Dip 5% Amid Profit-Booking Despite
Kalyan Jewellers India’s stock fell by as much as 5% on October 7, as investors took advantage of the company’s strong Q2 business updates to book profits. Despite a significant […]
IPO Details
Diffusion Engineers IPO Debuts with 15% Premium Despite
The stock of Diffusion Engineers is expected to list at a premium of 10-15% on October 4, despite the recent sharp decline in the benchmark indices. This is due to […]
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JTL Industries Announces 1:1 Stock Split
The stock split of JTL Industries will result in each shareholder owning twice the number of shares they currently hold. The face value of each share will be reduced from […]
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Transformers and Rectifiers Bags Rs 565 Crore from PGCI
Transformers and Rectifiers (India) Ltd. announced securing a major order worth Rs 565 crore from Power Grid Corporation of India, boosting its shares by 5 percent during trading on October […]
IPO Details
KRN Heat Exchanger IPO Oversubscribed 213.26 Times.
KRN Heat Exchanger and Refrigeration Ltd’s IPO attracted significant interest, achieving a subscription rate of 213.26 times by its closing date on September 27. Investors placed bids for 234 crore […]
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“NTPC Gains 1% for Green Energy 25 GW project
NTPC Limited saw a rise of over 1%, reaching Rs 448 in the morning of October 1, marking its third consecutive session of gains. This positive momentum follows its subsidiary […]
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“Sensex Gains 160 Points, Nifty Hovers Near 25,850”.
The Indian stock market, represented by the Sensex and Nifty 50, is expected to start the day flat on Tuesday. Investors remain cautious due to mixed global cues, particularly following […]
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Saregama India Shares Surge 10%
Saregama India’s shares surged 10% on September 30.The stock has delivered a 20% surge in the last one week. Trading volume has been heavy, indicating strong investor interest. Rejection of […]