Cipla Limited, a leading global pharmaceutical company, has reported a strong performance for the second quarter of the financial year 2024-25 (Q2 FY25). Cipla reported a 15% year-on-year increase in […]
Diwali Muhurat Trading 2024: Significance, Samvat 2081 Details
The Diwali Muhurat trading session for Samvat 2081 will be held on Friday, November 1, 2024, on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). This session, […]
Sun Pharma Set to Report Strong Q2 FY25 Earnings
Sun Pharmaceutical Industries net profit is projected to reach Rs 2,911 crore, a 22.5% increase from the previous year. Reach around ₹2,911 crore, up from ₹2,376 crore in the same […]
Patanjali Foods Shares Dip Over 4% Despite Strong Q2
Patanjali Foods experienced a 4% drop in its share price, despite reporting an increase in Q2 profits. The dip is amounting to a 3.26% equity stake, which reportedly traded at […]
Jabil Expands in India to Support Apple Production
Jabil, a key supplier for Apple, is investing $275 million to establish two new facilities in India. This expansion aims to support Apple’s growing demand for local production, aligning with […]
Waaree Energies IPO Details:Current Status on October 25, 2024
IPO Date: Open October 21, 2024 – Closed October 23, 2024 Issue Price: ₹1,427 – ₹1,503 per share Fund Raised: ₹4,321.44 crore Components: ₹3,600 crore (fresh issue) + ₹721.44 crore […]
Tejas Networks: Telecom Infrastructure Provider and 5G Innovator
Tejas Networks is an Indian company that designs, develops, and sells high-performance, cost-competitive telecommunications equipment, primarily in the optical and data networking space. The company has become one of India’s […]
Mastering High-Subscription IPOs: Strategies from LIC and Hyunda
An Initial Public Offering (IPO) is when a private company offers shares to the public for the first time. High subscription in an IPO indicates that the demand for shares […]
Hyundai Motor India Debuts at ₹1,931, 1.5% Below IPO Price
The stock price of Hyundai Motor India has opened at Rs 1,931 per share on the BSE, which is a discount of 1.5% compared to its IPO price of Rs […]
Waaree Energies IPO Fully Subscribed on Day 1 Amid High
Waaree Energies’ Rs 4,321-crore IPO saw full subscription within two hours of opening on October 21. A leading solar energy company with a 12 GW PV module capacity, Waaree attracted […]
Hyundai Motor IPO Listing on BSE & NSE After 237% Subscription
The IPO of Hyundai Motor India Ltd (HMIL) has been a subject of much anticipation and speculation. While the strong subscription rate from institutional investors is encouraging, the relatively subdued […]
Hyundai Motor India’s Rs 27,870 Crore IPO Subscribed 2.37 Times
Hyundai Motor India’s IPO, the largest in India’s history, concluded with a strong subscription rate of 2.37 times. The Rs 27,870 crore public issue saw a late surge in demand […]
China’s Q3 GDP Grows 4.6%, Surpassing Economists’ Forecast
In Q3 2024, China’s economy grew by 4.6% year-over-year, slightly surpassing analysts’ forecasts. While this reflects economic resilience, quarter-on-quarter growth slowed to 0.9%, indicating challenges in reaching the government’s 5% […]
Indian Stock Market Plunges: Nifty Down 330 Points
The Indian stock market is currently trading in the red. The Nifty is down 0.13% at 24,650, and the Sensex is down 0.08% at 330 points. All the sectoral indices […]
Pranik Logistics Lists at 2.6% Premium Despite Strong IPO
Pranik Logistics shares listed at a modest 2.6% premium over their IPO price on the National Stock Exchange Small and Medium Enterprises (NSE SME) platform. The listing gains fell short […]