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 […]
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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, […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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Market Live Updates: Sensex Soars 800 Points, Nifty Hits 24,300
The Indian stock market saw significant gains today. The Sensex rose by 750 points, reaching around 79,500, while the Nifty climbed to 24,300. The positive movement was influenced by strong […]
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Morepen Labs to Raise Rs 250 Crore Through QIP
Morepen Laboratories Ltd, a pharmaceutical company, has initiated a Qualified Institutional Placement (QIP) to raise a substantial amount of Rs 250 crore. The company has also included a greenshoe option […]
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Infosys Faces Rs 32,000 Crore Tax Demand from DGGI
Infosys, India’s second-largest IT company, has been issued a demand notice for alleged tax evasion amounting to over Rs 32,000 crore by the Directorate General of GST Intelligence (DGGI). Tax […]
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Market Update: Banks Pare Gains, Realty Stocks Shine
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 […]
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Market Update: Banks Pare Gains, Realty Stocks Shine
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 […]
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The Sensex has lost 280 points,Nifty around 50 points.
Market Trend: The Indian stock market, as represented by the Sensex and Nifty, is experiencing a downward trend. Sensex: The Sensex has lost 280 points, indicating a decline in the […]