The allotment status for the Gala Precision Engineering Initial Public Offering (IPO) is expected to be finalized on Thursday, September 5, 2024. Successful applicants will have their shares credited to […]
Latest Market News - Live Financial News
JP Morgan Boosts Zomato Target Price by 40%
The news of JP Morgan raising its target price on Zomato to Rs 340 per share is indeed significant. It’s important to assess Zomato’s recent performance and future growth prospects […]
Latest Market News
MOIL Stock Rises on Record August Production
MOIL (Manganese Ore India Limited), a public sector undertaking (PSU) under the Ministry of Steel, has seen a surge in its stock price following the announcement of its best-ever August […]
Latest Market News
Ecos (India) Mobility & Hospitality IPO Lists with Strong Premium
The IPO of Ecos (India) Mobility & Hospitality is expected to list at a premium of 45 percent over its upper price band. IPO Subscription: The IPO was subscribed 64.18 […]
Latest Market News
M&M Partners with Sentrycs to Develop Anti-Drone Solutions
The news of M&M partnering with Sentrycs to develop and provide anti-drone solutions is positive for the company’s stock price. Increased revenue: The growing demand for anti-drone solutions, particularly in […]
IPO Details
Investor Enthusiasm Fuels Orient Technologies’ 40% IPO Premium
KIMS Healthcare Limited saw a significant block deal on [Date], where approximately 2% of its equity changed hands. The transaction was valued at Rs 392.10 crore. Block deal details: Value: […]
Latest Market News
Orient Technologies Shares Make Strong Debut
Orient Technologies shares made a strong debut on the stock exchanges on Wednesday, August 28, 2024. The shares opened trading at a significant premium of 40% to their initial public […]
Latest Market News
PCBL’s stock price surge can be attributed to several factors
Favorable Global Scenario: The global scenario is conducive to the growth of India’s rubber black industry due to environmental concerns and high input costs impacting carbon black production in China, […]
Latest Market News
Zomato estimates the going-out GOV to exceed Rs 10,000 crore
Acquisition Value: Zomato is acquiring Paytm’s entertainment and ticketing business for Rs 2,048 crore. Strategic Rationale: Zomato aims to expand its presence in the ‘going-out’ segment, while Paytm seeks to […]
Latest Market News
Kalyan Jewellers Enters Rs 3,585 Crore Block Deals
Kalyan Jewellers is one of the largest jewellery retailers in India. The company has a strong presence in both the domestic and international markets. Kalyan Jewellery , one of India’s […]
Latest Market News
IREDA Considers Fundraise of Up to Rs 4,500 Crore
The Indian Renewable Energy Development Agency (IREDA), a green financing non-banking financial company (NBFC), is considering raising up to Rs 4,500 crore through a Qualified Institutional Placement (QIP), right issue […]
IPO Details
Orient Technologies IPO: A Strong Start
The IPO of Orient Technologies was well-received on its first day, being subscribed 6.64 times. The company offered 74.49 lakh shares, but received bids for nearly 4.95 crore shares. Retail […]
Latest Market News
Axiscades Technologies’ Subsidiary Secures UK
Axiscades Technologies, a leading engineering solutions provider, has announced that its subsidiary, Epcogen, has secured a significant contract from a UK-based energy storage technology company, Highview Power. The contract is […]
IPO Details
Sunlite Recycling Industries’ Stellar Listing
Massive Premium: The stock opened at Rs 199.5 per share, compared to the IPO price of Rs 105. Strong Demand: The IPO was oversubscribed 200 times, indicating significant […]
Latest Market News
Antfin Singapore Sells ₹5,438.50 Crore Worth of Zomato Shares
A significant block deal took place on August 20 involving Zomato’s shares, where approximately ₹5,438.50 crore worth of shares were sold. The likely seller in this transaction was Antfin Singapore […]