Weighting of domestic demand-driven sectors surges; 'sunrise' stocks leap ahead
Jefferies tops overall $1 billion fee pool, turning blockbuster deals into jackpot wins
ADR ticks above 1, yet most stocks trail the charge
Banking stocks lift Nifty above key level; over ₹30,000 crore of IPOs line up as investors track brokerages and valuations
Targeted tenant take-up and portfolio moves spotlight spaces peers leave dark
Paras Defence share price rose today after the company said its arm, Paras Anti-Drone Technologies, has bagged an order worth ₹46.19 crore from the Ministry of Defence, Government of India.
Clock 19.1% annualised return in the period compared to flexicap's 18.2%
Over a quarter of BSE200 stocks are down 20 per cent, leading to a sharp fall in their equity valuation, creating opportunities for investors
The Q1 was impacted by sluggish show of the base business and supply disruption, resulting in brokerages cutting their earnings estimates
Overseas investors have sold oil & gas stocks worth ₹57,207 crore, IT stocks worth ₹53,352 crore, and auto stocks worth ₹35,292 crore, totalling ₹1.45 trillion or 80 per cent of the net selling
This move is expected to encourage greater participation by high-net-worth individuals (HNIs) and deepen engagement in the primary market
The regulator found the company failed to consolidate its unit, Merino Shelters, in its financials between fiscal years 2015 and 2021
Pricing challenges, muted domestic growth offset gains in exim volumes
Zoho founder Sridhar Vembu said the company will not seek an IPO soon, citing the success of Arattai and its focus on Bharat-specific research and development projects
Elevate Campuses, India's largest student accommodation platform, has filed draft papers with Sebi for a Rs 2,550 crore IPO to fund acquisitions, debt repayment and expansion
The initial public offering (IPO) of Om Freight Forwarders Ltd, a logistics and freight forwarding company, got fully subscribed on the first day of share sale on Monday. The Rs 122.3-crore IPO received bids for 1,09,96,659 shares against 79,16,945 shares on offer, translating into 1.39 times subscription, according to NSE data. The portion meant for non-institutional investors garnered 4.03 times subscription. Qualified institutional buyers category got subscribed 1.10 times and retail individual investors portion received 54 per cent subscription. The IPO has a fresh issue of up to Rs 24.43 crore and an offer for sale of up to 72,50,000 shares. The IPO has a price range of Rs 128-135 per share. Smart Horizon Capital Advisors is the book running lead manager to the offer.
The Dow Jones Industrial Average rose 59.0 points, or 0.13%, at the open to 46,306.34. The S&P 500 rose 17.9 points, or 0.27%, to 6,661.58
Engineered fabric manufacturer Kusumgar Ltd has filed draft papers with capital markets regulator Sebi to raise Rs 650 crore through an initial public offering (IPO). The IPO is entirely an offer-for-sale (OFS) by promoters, according to the draft red herring prospectus (DRHP) filed on Saturday. Since the issue is an OFS, Mumbai-based Kusumgar will not receive any proceeds from it, and the funds will go entirely to the selling shareholders. Founded in 1990, the company is a manufacturer of woven, coated and laminated synthetic fabrics, referred to as engineered fabrics. It manufactures products primarily for aerospace and defence fabrics, industrial and automotive fabrics, and outdoor and lifestyle fabrics. The company, which has six manufacturing facilities in Gujarat and one fabrication unit in Uttar Pradesh, has posted revenue from operations of Rs 779 crore and net profit of Rs 112 crore for FY25. Axis Capital, IIFL Capital Services and Motilal Oswal Investment Advisors are th
Borrowing in H2 includes issuing of ₹10,000 crore through sovereign green bonds (SGrBs)
RBI's borrowing calendar extends weekly issuances into March and trims ultra-long supply, with the 10-year yield expected to open below 6.50 per cent on Monday