Page 369 - Markets

Mamaearth IPO sails through despite falling GMP, low retail interest

At 2:20 PM, the issue was subscribed 5.6 times (5.6x) with QIB portion seeing subscription of 9.4x, followed by Employee portion at 4.34x. Retail investor portion stood at 91 per cent

Godrej Properties Q2FY24 result: Net profit at Rs 72 cr; revenue up 107%

The revenue from operations for Q2FY24 came in at Rs 343 crore, compared to Rs 165.09 crore year-on-year

Stock of this SME telecom infrastructure company nearly doubles in 5 weeks

Shares of Bondada Engineering were locked in 10-per cent upper circuit after the company received five-year operations and maintenance (O&M) contract worth of Rs 381 crore from BSNL

NSE announces timings for Muhurat Trading session 2023; full list here

Muhurat Trading session 2023: NSE announced that the stock market will be open for regular trading between 6:15 PM and 7:15 PM on November 12 on the occasion of Diwali

MIT smitten by Indian equities

MIT smitten by Indian equities

Ambuja Cement Q2 result: Standalone net profit jumps 363% YoY to Rs 643 cr

The revenue from operations for Q2FY24 came in at Rs 3,969.79 crore, compared to Rs 3,675.61 crore year-on-year

Indraprastha Gas Ltd Q2FY24 result: Net profit at Rs 552 cr; income down 2%

The company announced an interim dividend of Rs 4 per share

Sensex ends 284 pts lower, Nifty below 19K again; Asian Paints, metals drag

Stock market on November 1, 2023: On the positive front, Sun Pharma gained nearly 3 per cent; Debutant Blue Health hit upper circuit on debut.

Investors kick off November on caution ahead of US Federal reserve policy

MSCI's index tracking EM stocks was unchanged, while a basket of developing markets currencies edged down 0.1% by 0902 GMT

India Cements Ltd Q2FY24 result: Net loss at Rs 85 cr; revenue down 4%

The total income for Q2FY24 came in at Rs 1,272.41 crore, compared to Rs 1,337.70 crore year-on-year

Adani Wilmar Q2FY24 result: FMCG major reports net loss of Rs 130 crore

Adani Wilmar last month said its profitability in the September quarter remained under stress due to lower edible oil prices

Jindal Steel & Power hits over 3-month low, slips 7% post Q2 results

Analysts at Prabhudas Lilladher cut FY24/25E Ebitda estimates by 9 per cent/7 per cent on higher coking coal price assumption and delays in capacity addition

Stock of this wealth management company has zoomed 139% in 4 months

Shares of Anand Rathi Wealth hit a new high of Rs 2,075, surging 9% in Wednesday's intraday. It has zoomed 196% thus far in the calendar year 2023

Nifty Auto, FMCG indices trading range-bound; check breakout levels here

A closing above 51,480 for Nifty FMCG index would indicate a potential surge in buying activities, encouraging traders to consider selling near this mark

Sebi confirms market ban on 22 entities in stock manipulation case

Sebi on Tuesday confirmed the securities market ban on 21 entities in a case related to manipulation of share price of Sadhna Broadcast by way of uploading misleading videos on YouTube channels. The ban on one individual -- Kundan Singh Bisht -- has been lifted and the total estimated amount of illegal gains through the alleged manipulation has been revised to Rs 38.61 crore. In March this year, the watchdog had barred various entities in the case and the estimated illegal gains earlier was Rs 41.85 crore. In a 125-page confirmatory order in the case with respect to 22 entities on Tuesday, Sebi refused to lift the ban on 21 of them. "I find that the submissions of the Noticees, except that Kundan Singh Bisht, are insufficient to refute the prima facie conclusions drawn in the Interim Order. "Consequently, the prima facie findings in the interim order dated March 02, 2023 that the Noticees have engaged in a fraudulent and manipulative scheme resulting in contravention of provision

Analysts flag caution on Mamaearth IPO: Here's why

Mamaearth IPO: Analysts suggest avoiding the IPO as the company's financial performance and growth strategy do not inspire confidence

Voting matters: Shareholder dissent is moderating, says PRIME Database

The data-tracking firm analysed resolutions voted on during AGMs, EGMs, and court-convened meetings between April 1 and September 30, 2023

Sensex slides 238 pts, Nifty below 19,100; pvt banks, Airtel, RIL weigh

Closing Bell on Tuesday, October 31: The broader markets saw some action with the BSE MidCap index rising 0.29 per cent and the BSE SmallCap index 0.02 per cent

Apollo Micro hits new high on heavy volumes; stock zooms 34% in 5 days

In the past five trading days, the stock soared 34% after the company entered into Term Loan (TL) Agreement with Bajaj Finance to avail credit facilities in the form of TL up to Rs 15 crore

India sitting on tsunami of equities; Nifty to double in 5 years: Raamdeo

BS BFSI Insight Summit 2023: India is an extremely well explored market. What concerns me is buying a stock at a reasonable valuation, he said