The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The initial public offering of Hero Motors received bids for 58.97 crore shares as against 8.86 crore shares on offer. The issue was subscribed 6.66 times.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.7 per cent and 0.89 per cent, respectively
Five Adani Group companies have settled SEBI adjudication proceedings linked to the Hindenburg report.
Aditya Infotech's board at its meeting held a day ago authorised the launch of a QIP on September 22 at a floor price of ₹3,648.43 apiece.
The offer received bids for 90.83 crore shares as against 87.93 lakh shares on offer. The issue was subscribed 103.30 times.
Jindal Supreme's IPO was a mix of a fresh issue of ₹100 crore and an offer for sale of ₹25 crore, with a total offer size of ₹125 crore. The IPO price band was set at ₹88-93 per share.
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.08 per cent and 0.23 per cent lower, respectively
HDFC Bank has been among the worst-performing Nifty 50 stocks this year, having lost 25.15 per cent on a year-to-date basis.
IPO listings: SS Retail, Jindal Supreme and Hero Motors IPOs were available for bidding from September 16 to September 18, with listings slated to take place on BSE and NSE.
Optiemus Infracom Share: CMF by Nothing and Optiemus Group expanded its partnership to build India's first end-to-end R&D Smartphone capability.
The IPO has a price band of ₹140 to ₹148 per share. The lot size for an application is 101 shares, meaning retail investors need to invest a minimum of ₹14,850 for one lot
From its 52-week low of ₹400.65, touched last week on September 16, Transrail Lighting stock has jumped 16 per cent.
Thus far in September JSW Infrastructure stock has rallied over 9% even as the Nifty slipped nearly 3%.
The NSE IPO received a strong response from investors. Against the 8.86 crore shares offered, bids were received for around 50.40 crore shares.
The deal was executed in the morning block deal session at the price of ₹360 compared with the previous close of ₹368, marking a 2.17 per cent discount.
Pace Digitek's material subsidiary, Lineage Power Private Limited (LPPL), secured an order valued at ₹488.46 crore from NTPC GE Power Services Private Limited.
ONGC struck gas at its first Mahanadi Basin well, MN-DW18-1-H-D, at a depth of 1,441-1,452 metres, around 43 km off Konark.
Motilal Oswal Financial Services (MOFSL) initiate coverage on Solar Industries with a BUY rating and a target price of ₹23,000.
Raymond stock has gained 5.46 per cent over the past week, 64.43 per cent in the last month, 148.48 per cent year-to-date, and 70.42 per cent over the past year.
As of Friday's close, OFSS shares are up 55 per cent on a year-to-date (YTD) basis, making it the best-performing stock in the worst-performing Nifty IT index.