Page 366 - Markets

Fireworks on D-Street: Four IPOs to raise over Rs 6,600 crore this week

Busiest week for IPOs this year; Tata Tech to be largest offering of the lot

Private lives, public markets

Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose?

Newgen Software locks at 5% upper limit, hits new high on bonus issue plan

Around 19,000 equity shares have changed hands and there are pending buy orders for nearly 30,000 shares on the NSE and BSE, the data shows

HCL Tech hits 52-week high, rallies 6% in 4 days; stock nears record high

Looking ahead, based on the bookings and all the deals that the company has signed, the management expects very healthy growth in Q3 and Q4

Talbros Automotive zooms 19% on winning multi-year orders worth Rs 580 cr

These orders will help the company increase its share domestically and in the export market in the coming years

TMS Ep567: Economic impact of World Cup, IPEF pact, markets, fentanyl deal

How much money did ICC Cricket World Cup 2023 rake in? How will India benefit from the IPEF supply chain pact? Will markets extend the rally this week? What is the Biden-Xi fentanyl deal? Answers here

RIL, banks, IT stocks drag Sensex 188 pts down, Nifty below 19,750

Closing Bell on November 17, 2023: The broader markets, on the other hand, notched gains with the BSE MidCap and SmallCap indices rising 0.27 per cent and 0.36 per cent, respectively

JSW Infra soars 8% on Rs 4,119-cr project win from Karnataka government

The stock hit a new high of Rs 220, and was quoting 85 per cent higher against its issue price

Eicher Motors hits new high; soars 18% thus far in Nov on healthy outlook

Despite the competitive pressure in Q2, Eicher Motors posted a healthy volume growth of 10.4% Y-o-Y basis to 248,831 units which supported by festive period and shift towards premium motorcycles

Fedbank Financial Services IPO to open on Nov 22 at Rs 133-140 per share

At the upper end of the price band, the Federal Bank-promoted company will mop up Rs 1,092.26 crore

Stocks to Watch today, Nov 17: Delhivery, IDBI Bank, TVS Motor, Oil-linked

Stocks to Watch on Friday, November 17, 2023: SoftBank may offload around 31 million, or 4 per cent stake, in Delhivery for $150 million

eCOM, Insta EMI Card ban may hit Bajaj Finance for 1-2 qtrs: Analysts

Following the development, shares of Bajaj Finance tumbled 4 per cent in the intraday trade, before recouping losses to end 1.9 per cent higher at Rs 7,366 per share

Indian equity markets gain significant heft in emerging market basket

Country's recent outperformance to China, higher foreign ownership limits boost standing

Sensex gains 307 pts, Nifty holds 19,750; IT stocks dazzle, PSBs decline

Closing Bell on November 16, 2023: Among sectors, the Nifty PSU Bank index fell 0.24 per cent, the Nifty FMCG 0.15 per cent, and the Nifty Bank 0.09 per cent

PTC India to be debt free post divestment of PTC Energy to ONGC, says CMD

Power trading solution provider PTC India would soon achieve a debt-free status following the divestment of its arm, PTC Energy, to ONGC for an enterprise value of Rs 2,021 crore, according to a top official. PTC India in October announced that the upstream firm ONGC had emerged as the successful bidder for acquiring its 100 per cent stake in PTC Energy for an enterprise value of Rs 2,021 crore. In an interview with PTI, PTC India Chairman and Managing Director Rajib K Mishra said, "With the transfer of PTC Energy's assets, the company would become virtually debt-free." Mishra said the enterprise value of PTC Energy includes Rs 925 crore bid of the ONGC as well as over Rs 1,100 crore debt component which will be transferred to the oil company after the transaction is complete. PTC India's outstandings have reduced drastically due to the Late Payment Surcharge scheme and it is now emerging as a company that does not take loans to meet its working capital needs, he pointed out. He .

Tata Technologies sets Rs 475-500 as price band for Rs 3,043-crore IPO

According to reports, the price is about about 47 per cent lower than its price in the unlisted market where the stock currently trades at Rs 950 per share

Stocks to Watch today, Nov 16: TCS, Bajaj Fin, RateGain, ONGC, Dabur, Paytm

Stocks to Watch on Thursday, November 16, 2023: The RBI has asked Bajaj Finance to stop sanctioning and disbursal of loans under 'eCOM' and 'Insta EMI Card' segments with immediate effect

Siemens rises 4% as German parent to buy additional 18% stake for $2.28 bn

Siemen AG's total stake in its Indian arm will jump to 69 per cent from 51 per cent at present

Tata Motors up 1% on announcing IPO date for Tata Tech; DVR hits new high

Tata Technologies' initial public offering (IPO) will open for subscription on November 22

ASK Automotive makes decent debut, lists at 8% premium to its issue price

Shares got listed at Rs 304.90, an 8 per cent premium against the issue price of Rs 282 per share on the BSE on Wednesday