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 […]
Latest Market News
Hindustan Zinc’s Profit Rebound Prompts Vedanta’s Offer For Sale
Vedanta Limited has announced plans to offload a 2.6% stake in its subsidiary, Hindustan Zinc, through an Offer For Sale (OFS). This move comes after Hindustan Zinc reported its first […]
Company Results
Hero MotoCorp reported a 36% increase in net profit for Q1 FY25
Hero MotoCorp has announced its financial results for the first quarter of the fiscal year 2025. Here are the key points: Financial Performance: Net Profit: Increased by 36% to Rs […]
IPO Details
Rainbees Solutions Ltd Makes Strong Debut with FirstCry IPO
FirstCry’s IPO was a resounding success. The strong listing, with shares opening at a 40% premium to the IPO price, reflects high investor confidence in the company’s growth prospects. Strong […]
Company Results - IPO Details
Ola Electric shares surge 58% in three days post-IPO
Ola Electric Mobility’s shares have indeed seen impressive gains, with the stock reaching Rs 109.44, marking a 44% increase from its IPO issue price of Rs 76 . The IPO, […]
Latest Market News
Suzlon’s Market Cap Surpasses Rs 1 Lakh Crore
Suzlon Energy has achieved a significant milestone as its market capitalization exceeds Rs 1 lakh crore for the first time in its history. This landmark achievement underscores the company’s strong […]
Live Financial News
Equity Fund Inflows Decline 9% to Rs 37,113 Crore in July
Equity Fund Inflows: There has been a 9% decrease in inflows into equity mutual funds, totaling Rs 37,113 crore in July. This decline suggests a reduction in new investments or […]
Nifty Live Update
Sensex climbing 650 points and the Nifty crossing the 24,200 mark.
Sensex and Nifty Performance: The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), rose by 650 points. The Nifty 50, a key index on the National Stock Exchange […]