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Mumbai: Indian stock markets recovered strongly on Monday after two days of losses. A sharp rise in banking stocks helped lift investor mood in the second half of the session. The 30-share Sensex rose 650.39 points, or 0.79 percent, to close at 83,277.15. The broader Nifty gained 211.65 points, or 0.83 percent, ending at 25,682.75. The rally came mainly in the final hours of trading. Banking Stocks Lead the Rally Buying in banking and financial stocks pushed the market higher. Among the top ...Read More >
Mumbai, Feb 16 (SocialNews.XYZ) Indian benchmark indices staged a strong late rally on Monday, snapping the two-day losing streak, as buying in banking stocks lifted market sentiment. The 30-share Sensex ended 650.39 points, or 0.79 per cent, higher at 83,277.15. The broader Nifty rose 211.65 points, or 0.83 per cent, to close at 25,682.75. Commenting on Nifty technical outlook, experts said that the broader structure remains positive as long as the 25,500-25,400 support zone is defended. "On ...Read More >
(RTTNews) - Indian shares rose notably on Monday despite lackluster cues from global markets and continued declines in IT stocks on AI disruption fears. Investors shrugged off official data that showed India's wholesale prices increased more-than-expected in January to the highest level in ten months. The wholesale price index, or WPI, rose 1.81 percent year-over-year in January, faster than the 0.83 percent rise in December and a 1.25 percent gain expected by analysts. This was the fastest g ...Read More >
The demerger is designed to create independent, sector-focused companies with their own balance sheets and leadership teams. Management believes that this will allow each business to pursue tailored growth strategies, attract specialised investors and be valued more accurately by the market. The approval by National Company Law Tribunal (NCLT) of Vedanta Ltd's long-awaited demerger plan on Tuesday, marks a defining moment for one of India's largest natural resources conglomerates. The tribunal' ...Read More >
G-III, Ground Floor, Dalamal House, Jamnalal Bajaj Marg, Nariman Point, Mumbai Maharashtra - 400021 When does Phytochem Remedies (India) Ltd. IPO opens and closes? Phytochem Remedies (India) Ltd. IPO opens from 18th December to 22nd December 2025. What is the size of Phytochem Remedies (India) Ltd. IPO? The size of the Phytochem Remedies (India) Ltd. IPO is ₹20.07 Cr. What is the minimum investment and lot size required for the Phytochem Remedies (India) Ltd. IPO? The minimum investment r ...Read More >
Gujarat Kidney & Super Speciality IPO | It is raising up to Rs 250.8 crore via IPO, which comprises of entirely fresh issue of 2.2 crore equity shares, at a valuation of nearly Rs 900 crore Gujarat Kidney & Super Speciality, the Gujarat-based multispeciality hospitals chain, has fixed price band at Rs 108-114 per share for its initial public offering (IPO) on December 16. It is raising up to Rs 250.8 crore via IPO, which comprises of entirely fresh issue of 2.2 crore equity shares, at a valuat ...Read More >
PNN Vadodara (Gujarat) [India], December 17: Vadodara-based Gujarat Kidney and Super Speciality Limited is a multispecialist company providing healthcare services at several locations in Gujarat. The company is bringing an IPO on the NSE and BSE mainboard to meet its desired capital requirements for the proposed acquisition of Parekhs Hospital in Ahmedabad, partial payment of the purchase consideration for the already acquired "Ashwini Medical Center", financing the company's capital expenditur ...Read More >
Vadodara (Gujarat) [India], December 17: Vadodara-based Gujarat Kidney and Super Speciality Limited is a multispecialist company providing healthcare services at several locations in Gujarat. The company is bringing an IPO on the NSE and BSE mainboard to meet its desired capital requirements for the proposed acquisition of Parekhs Hospital in Ahmedabad, partial payment of the purchase consideration for the already acquired "Ashwini Medical Center", financing the company's capital expenditure req ...Read More >
PNN Vadodara (Gujarat) [India], December 17: Vadodara-based Gujarat Kidney and Super Speciality Limited is a multispecialist company providing healthcare services at several locations in Gujarat. The company is bringing an IPO on the NSE and BSE mainboard to meet its desired capital requirements for the proposed acquisition of Parekhs Hospital in Ahmedabad, partial payment of the purchase consideration for the already acquired "Ashwini Medical Center", financing the company's capital expenditur ...Read More >
KSH International's Rs 710-crore IPO drew muted interest on day one, garnering 15% subscription and zero grey market premium, despite a strong anchor round and solid growth outlook. The Rs 710-crore KSH International IPO witnessed modest investor interest on the first day of bidding, with the issue garnering only 15% subscription. The IPO received bids for 19.87 lakh shares against the total issue size of 1.36 crore shares. In the grey market, the IPO is currently trading at a zero premium ove ...Read More >
A New York taxi driver playing an episode of "The Don Lemon Show" on his phone as he drove was shocked when his passenger revealed himself to be... Don Lemon. The taxi driver said, "No," and glanced backward in the rearview mirror before turning around fully with his mouth open and the vehicle still coasting forward. He let out a loud guffaw of laughter as the car came to a stop. "My man," the driver said, reaching back to shake Lemon's hand. "He was extremely friendly," Lemon told Newsweek i ...Read More >
New Delhi, Dec 17 (PTI) Shares of dialysis services provider Nephrocare Health Services Ltd closed with a premium of 2.5 per cent over the issue price of Rs 460 on Wednesday. The stock started trading at Rs 491.70, a 6.89 per cent jump from the issue price, on the BSE. Later, it surged 8.41 per cent to Rs 498.70. Shares of the firm ended at Rs 471.60, up 2.52 per cent. At the NSE, the stock was listed at Rs 490, reflecting a 6.52 per cent premium. Shares of the firm ended at Rs 471.25, a gain ...Read More >
New Delhi, Dec 17 (PTI) Shares of Park Medi World Ltd, which operates a hospital chain under the Park brand, on Wednesday made a disappointing market debut and ended with a discount of nearly 9 per cent against the issue price of Rs 162. The stock was listed at Rs 155.60, a 3.95 per cent discount to the issue price, on the BSE. During the day, it tanked 9.35 per cent to Rs 146.85. Shares of the firm ended at Rs 148.15, down 8.54 per cent. At the NSE, the stock started trading at Rs 158.80, dow ...Read More >
New Delhi, Dec 17 (PTI) Shares of dialysis services provider Nephrocare Health Services Ltd listed on Wednesday with a premium of nearly 7 per cent over the issue price of Rs 460. The stock started trading at Rs 491.70, a 6.89 per cent jump from the issue price, on the BSE. Later, it surged 8.41 per cent to Rs 498.70. At the NSE, the stock was listed at Rs 490, reflecting a 6.52 per cent premium. The company's market valuation stood at Rs 4,762.67 crore. The initial public offering (IPO) of ...Read More >
Equity benchmark indices Sensex and Nifty ended marginally lower on Monday in tandem with a weak trend in global markets and persistent foreign fund outflows. Photograph: Hemanshi Kamnani/Reuters Also, uncertainty over an India-US trade deal weighed on investors' sentiment, analysts said. The 30-share BSE Sensex dipped 54.30 points, or 0.06 per cent, to at 85,213.36. During the day, the benchmark declined 427.34 points, or 0.50 per cent, to 84,840.32. The 50-share NSE Nifty edged lower by 1 ...Read More >
Mumbai, Dec 17 (SocialNews.XYZ) Indian equity benchmark indices traded on a flat note in early deals on Wednesday, as mixed trends in banking stocks kept investors cautious. The Sensex opened 176 points higher at 84,856 but soon gave up its early gains and slipped into the red, touching a low of 84,649. At around 9:25 AM, the index was trading 134 points higher, or 0.2 per cent up, at 84,820. The Nifty was also marginally higher, trading at 25,913, up 53 points or 0.2 per cent. Commenting on ...Read More >
Akzo Nobel India shares: Imperial Chemical Industries may sell up to a 9% stake via a block deal. The proposed transaction is estimated at about Rs 1,290.6 crore and is said to be priced at Rs 3,150 per share, a 13.1% discount to the current market price, which could trigger notable stock movement. Shares of Akzo Nobel India are expected to be in the spotlight on Wednesday, December 17, amid reports that Imperial Chemical Industries is likely to offload up to a 9% stake in the company through a ...Read More >
Mumbai, Dec 16 (PTI) Amid the surge in gold prices, Wealth Company Mutual Fund on Tuesday announced the launch of its gold exchange-traded fund. It will be an open-ended scheme tracking the domestic gold price, and the New Fund Offer (NFO) is open for subscription from Tuesday to December 22, as per an official statement. Wealth Company Gold ETF will primarily invest in physical gold of 99.5 per cent purity or higher, conforming to the London Bullion Market Association (LBMA) Good Delivery sta ...Read More >
New Delhi, Dec 16 (PTI) As many as seven companies, including Yashoda Healthcare Services, Fusion CX and Orient Cables, have secured Sebi's approval to raise funds through initial public offerings (IPOs), data with the markets regulator showed on Tuesday. Other firms that received regulatory approvals are Turtlemint Fintech Solutions, RSB Retail India, SFC Environmental Technologies, and Lohia Corp. Together, these companies are expected to fetch over Rs 6,000 crore, market sources said. These ...Read More >
Tata Power plans a significant capital expenditure of Rs 25,000 crore annually until FY30, with 65% dedicated to clean energy projects. The company aims to nearly triple its clean and green capacity to 20 GW by March 2031 and expand its customer base in the distribution segment to 40 million by 2030. Tata Power on Monday said it is aiming for a capex of Rs 25,000 crore in the current fiscal year and will look to maintain the same annual spend till FY30. As per an investor presentation, 65 per ...Read More >
MTNL's board has just ticked off a major milestone in its asset monetization strategy! They've sanctioned the sale of a prime residential property in Mumbai's trendy Bandra Kurla Complex to NABARD for a staggering Rs 350.72 crore. NEW DELHI: The board of state-run Mahanagar Telephone Nigam Ltd (MTNL) has approved proposal for the sale of its residential property block in Bandra Kurla Complex (BKC), Mumbai, to Nabard via government-to-government transfer/direct sale for Rs 350.72 crore, accordin ...Read More >
New Delhi [India], December 16: (BSE: 532719 | NSE: BLKASHYAP), one of India's leading Engineering, Procurement, and Construction (EPC) companies, has secured a major new order from Sattva CKC Private Limited. The project, valued at Rs. 615.69 crore (exclusive of GST), involves the execution of structural and civil works for a large-scale commercial development -- Sattva Chennai Knowledge City -- located in Chennai, Tamil Nadu. Also Read | Bondi Beach Terror Attack: Australian PM Anthony Albane ...Read More >
New Delhi: Shares of home and furnishing company Wakefit Innovations Ltd on Monday made a muted market debut and ended over 1 per cent lower against the issue price of Rs 195. The stock started trading at Rs 194.10, down 0.46 per cent from the issue price on the BSE. During the day, it declined 9.10 per cent to Rs 177.25. Shares of the firm finally ended at Rs 192.30, down 1.38 per cent. At the NSE, the stock got listed at par with the issue price of Rs 195. Shares of the firm ended at Rs 192.29 ...Read More >
Mumbai, December 16: Indian equity benchmark indices opened Tuesday's trading session on a weak note, tracking negative cues from Asian markets. Early selling pressure dragged both the Sensex and the Nifty lower in initial trade. The Sensex opened nearly 200 points lower at around 85,025 and slipped further to trade about 300 points down in the early minutes. The Nifty also came under pressure and was trading lower by 95 points, or 0.4 per cent, at around 25,935. The index continues to trade wi ...Read More >
SEPC inked a memorandum of understanding (MoU) for the execution of a mining project worth Rs 3,300 crore in Madhya Pradesh. As per the company's regulatory filing, the MoU is with the JARPL-AT Consortium, jointly formed by Jai Ambey Roadlines and Avinash Transport for a mining project awarded by South Eastern Coalfields. The project pertains to the Rampur Batura Opencast Coal Mine Project, located in the Sohagpur Area of Shahdol district, Madhya Pradesh. The aggregate contract value of the pro ...Read More >
New Delhi, Dec 15 (PTI) The initial public offer of city-based Pajson Agro India received 6.59 times subscription on the final day of the offer on Monday. The Rs 74.4-crore IPO received bids for more than 2.71 crore equity (2,71,70,400) shares against 41,79,600 shares on offer, according to the data available on the BSE. The portion for Qualified Institutional Buyers (QIBs) received 10.92 times subscription, while the quota for non-institutional investors subscribed 7.26 times. The category fo ...Read More >
New Delhi, Dec 15 (PTI) The board of state-run Mahanagar Telephone Nigam Ltd (MTNL) has approved proposal for the sale of its residential property block in Bandra Kurla Complex (BKC), Mumbai, to Nabard via government-to-government transfer/direct sale for Rs 350.72 crore, according to a BSE filing on Monday. Stamp duty, registration fee, and incidental charges are to be borne by National Bank for Agriculture and Rural Development (NABARD), while all dues prior to transfer and NLMC (National Lan ...Read More >
New Delhi, Dec 15 (PTI) Making a remarkable market debut, shares of pharma firm Corona Remedies Ltd closed with a premium of over 35 per cent against the issue price of Rs 1,062 per share on Monday. The stock started trading at Rs 1,452, a jump of 36.72 per cent from the issue price on the BSE. During the day, it surged 41.14 per cent to Rs 1,499 before settling at Rs 1,437.20, up 35.32 per cent. At the NSE, shares listed at a premium of 38.41 per cent at Rs 1,470. Shares of the firm ended at ...Read More >
New Delhi, Dec 15 (PTI) Shares of home and furnishing company Wakefit Innovations Ltd on Monday made a muted market debut and ended over 1 per cent lower against the issue price of Rs 195. The stock started trading at Rs 194.10, down 0.46 per cent from the issue price on the BSE. During the day, it declined 9.10 per cent to Rs 177.25. Shares of the firm finally ended at Rs 192.30, down 1.38 per cent. At the NSE, the stock got listed at par with the issue price of Rs 195. Shares of the firm end ...Read More >
New Delhi, Dec 15 (PTI) Shares of pharma firm Corona Remedies Ltd made a remarkable market debut on Monday, listing with a premium of over 38 per cent, against the issue price of Rs 1,062. The stock started trading at Rs 1,452, a jump of 36.72 per cent from the issue price on the BSE. Later, it surged 41.14 per cent to Rs 1,499. At the NSE, it listed with a premium of 38.41 per cent at Rs 1,470. The company's market valuation stood at Rs 8,996.65 crore. The initial public offering of Corona ...Read More >
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