Technically, a Death Cross pattern implies bearish implications; Chart shows that RVNL, TVS Motor and HFCL could slide up to 25 per cent from present levels.
As investors await the opening of the public offering, here are the key details of the Stallion India IPO, as outlined in the company's Red Herring Prospectus (RHP)
Adani group stocks have tumbled up to 47% since the start of December quarter. In case of a pullback Adani Green, Adani Ports and Adani Power can potentially rally up to 32%, show tech charts.
Non-Institutional Investors (NIIs) have driven demand for the Laxmi Dental IPO, oversubscribing their reserved category by 37.41 times
Meanwhile, NSE F&O data shows that FIIs were net sellers in Nifty futures for the sixth straight trading session on Tuesday, with net sales of 70,318 contracts in this period.
Once the allotment of Sat Kartar Shopping IPO shares is finalised, investors who applied for the public offering can check the status on the official websites of NSE, and Skyline Financial Services
The initial public offer of Laxmi Dental Ltd received 16.02 times subscription on the second day of bidding on Tuesday. The initial share sale got bids for 14,36,79,096 shares against 89,70,371 shares on offer, as per NSE data. The non-institutional investors part fetched 37.41 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 29.47 times. The quota for Qualified Institutional Buyers (QIBs) garnered 84 per cent subscription. The initial public offer of Laxmi Dental Ltd got fully subscribed within minutes of opening for bidding on Monday and finally ended the day with 5.28 times subscription. OrbiMed-backed Laxmi Dental has collected a little over Rs 314 crore from anchor investors. The issue with a price band of Rs 407-428 per scrip will conclude on Wednesday. The IPO is a combination of a fresh issue of equity shares for up to Rs 138 crore and an OFS of up to 1.31 crore equity shares worth Rs 560 crore by promoters -- Rajesh Vrajlal Khak
The northward move in the company's stock price follows the news that its e-mobility division, Greaves Electric Mobility, has introduced the Ampere Magnus Neo
In Q3, the company's transmission network expanded to 26,485 circuit kilometres (ckm), a 29.7 per cent increase as compared to 20,422 ckm a year ago
Siemens stock outlook: This stock from the engineering and capital goods industry could slide by another 18% if the key supports at Rs 5,600 and Rs 5,400 are violated shows technical chart.
Available at a price band of Rs 57-60 per share, with a lot size of 2,000 shares, the Barflex Polyfilms IPO will close for subscription on Wednesday, January 15, 2025
Rs 33.80 crore SME offering of Sat Kartar Shopping, which opened for subscription on Friday, January 3, 2025, is set to conclude today, Tuesday, January 7, 2025
Brokerage Angel One on Monday, after market hours, reported its third-quarter profit at Rs 281 crore as compared to Rs 260.31 crore, a rise 8 per cent Y-o-Y
Retail Individual Investors (RIIs) have shown the highest enthusiasm, oversubscribing their reserved portion by 16.28 times
The overall market trend has been negative with over 60% of the Nifty Mid- and Small-Cap stocks now trading below the long-term moving averages; however, these 5 stocks continue to buck the trend.
Shares of Delta Autocorp continued their northward march post-listing to hit the 5 per cent upper circuit at Rs 183.75 per share on the NSE SME
Pantomath Capital Advisors, and IDBI Capital Markets & Securities are the Book Running Lead Managers to the issue, while MUFG Intime India (formerly known as Link Intime India) serves as the registrar
Zen Technologies announced that its board of directors has approved an investment of up $10 million in its wholly owned subsidiary, Zen Technologies USA, Inc, in one or more tranches
Waaree Energies share rose after it entered into a Share Purchase Agreement with Enel Green Power Development for acquisition of Enel Green Power for Rs 792 crore
The unlisted shares of Quadrant Future Tek were trading at Rs 435 apiece, indicating a grey market premium (GMP) of Rs 145 or 50 per cent over the issue price