Indian Overseas Bank (IOB) has received a significant boost to its financial position with a ₹1,359 crore income tax refund for the assessment year 2015-16. This substantial refund, which includes […]
Vishal Mega Mart’s ₹8,000 Crore IPO: Subscription Opens
Vishal Mega Mart’s Rs 8,000 crore IPO opened for public subscription on December 11, 2024, and closed on December 13, 2024.The offer for sale (OFS) aimed to raise funds through […]
Adani Ends U.S. Partnership for Colombo Port Amid Legal Scrutiny
Adani Ports and Special Economic Zone Ltd., a subsidiary of the Adani Group, has decided to end its partnership with the U.S. International Development Finance Corporation (DFC) on the Colombo […]
Morgan Stanley Predicts Sensex at 93,000 by December 2025
Morgan Stanley, the global financial services giant, has made a bullish prediction for the Indian equity markets. The firm expects the Sensex, India’s benchmark stock index, to reach 93,000 by […]
Ganesh Infraworld Shares Debut with 90% on NSE Emerge
Ganesh Infraworld shares listed at a stellar 90% premium over its IPO price on the NSE SME platform, Emerge. Listing Price: Rs 157.70 per share IPO Price: Rs 83 per […]
RBI Holds Repo Rate and Cuts CRR by 50 bps,Sensex and Nifty
The Indian stock markets, represented by the Sensex and Nifty, are trading flat today as the Reserve Bank of India (RBI) announced key policy decisions. RBI Policy Decisions: Repo Rate […]
Swiggy Shares Surge 10% Ahead of Q2 Earnings Announcement
Swiggy’s stock price has seen a significant uptick, rising nearly 10% on December 3, 2024, as investors eagerly anticipate the company’s Q2 earnings report. The positive market sentiment reflects optimism […]
TBO Tek Shares Plunge 7% After ₹951 Crore Block Deal
TBO Tek’s share price declined by over 7% on December 3, 2024, following a block deal worth Rs 951 crore. Approximately 6.2 million shares, representing 1.2% of the company’s equity, […]
Zen Technologies Stock Decline – December 3, 2024
Stock Performance: Decline: Over 7% in early trading on December 3, 2024. Block Deal Impact: A block deal worth ₹386 crore triggered the drop. Shares Traded: Approximately 21.4 lakh shares […]
C2C Advanced Systems IPO: A Closer Look
GMP Surge:Despite facing regulatory scrutiny from SEBI and a significant withdrawal of applications, the Grey Market Premium (GMP) for C2C Advanced Systems’ IPO has surged by 84%. IPO Price Band: […]
Godrej Properties Ups QIP Size to ₹6,000 Crore to Drive Plans
Godrej Properties has increased its Qualified Institutional Placement (QIP) size from Rs 4,000 crore to Rs 6,000 crore. This decision was made by the QIP Placement Committee on November 27, […]
HDFC Bank’s Milestone Market Cap Crosses ₹14 Lakh Crore
Market Cap Milestone: HDFC Bank’s market capitalization surpassed ₹14 lakh crore for the first time on November 28, 2024. Stock Price Surge: The bank’s stock price has risen over 5% […]
NTPC Green Energy Shares Soar: Stock Market Highlights
NTPC Green Energy’s recent IPO and subsequent listing have been quite successful. IPO Performance: Subscription: The IPO was oversubscribed 2.4 times overall, with retail investors showing particular enthusiasm, oversubscribing their […]
Vodafone Idea Shares Jump 15% on Bank Guarantee Waiver
Vodafone Idea shares surged 15% in intraday trading after reports emerged that the Indian Cabinet might approve a waiver on bank guarantees for telecom operators. This decision would relieve companies […]
GE Vernova T&D India Shares Plunge on Promoter Stake Sale
Promoter Stake Sale: GE Vernova T&D India’s promoter, Grid Equipments, plans to sell up to 8.38% of its stake in the company through an offer for sale (OFS). Market Reaction: […]