Bonus Issue: VST Industries has announced a bonus issue of 10 shares for every 1 share held by shareholders on the record date (September 6, 2024). This is the first […]
Brigade Enterprises Secures Rs 1,500 Crore in QIP
The news that Brigade Enterprises has successfully raised Rs 1,500 crore through a Qualified Institutional Placement (QIP) is positive for the company. The participation of prominent investors like ICICI Prudential, […]
Gala Precision Engineering IPO Allotment Status Finalized
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 […]
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 […]
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 […]
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 […]
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 […]
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: […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]