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New Delhi, Oct 3 (PTI) Shares of Jinkushal Industries on Friday ended marginally higher than the issue price of Rs 121. The stock started trading at Rs 125, up 3.30 per cent from the issue price on both the BSE and NSE. During the day, it hit a high of Rs 128, a jump of 5.78 per cent on the BSE. The stock ended at Rs 121.60 apiece, up 0.50 per cent. The initial public offering of Jinkushal Industries attracted 65.10 times subscription on the final day of share sale on Monday. The company's p ...Read More >
New Delhi, Oct 3 (PTI) Shares of Jinkushal Industries on Friday listed over 3 per cent higher than the issue price of Rs 121. The stock started trading at Rs 125, up 3.30 per cent from the issue price on both the BSE and NSE. Later, the stock recovered some of the early lost ground and hit a high of Rs 128, a jump of 5.78 per cent on the BSE. But it again slipped and was trading at Rs 118.75, down 1.85 per cent. The company's market valuation stood at Rs 455.83 crore. The initial public offe ...Read More >
New Delhi, Sep 29 (PTI) The initial public offer of Jinkushal Industries attracted 65.10 times subscription on the final day of share sale on Monday. The IPO received bids for 43,75,69,560 shares against 67,21,048 shares on offer, according to NSE data. The component meant for non-institutional investors received 146.39 times subscription, and the category for retail-individual investors (RIIs) was subscribed 47.10 times. The qualified institutional buyers (QIBs) portion garnered 35.66 times s ...Read More >
Jaipur, Jul 19 (PTI) A gang, allegedly involved in the adulteration of coal imported from the US, was busted by the Rajasthan Police, leading to the arrest of an individual, a senior official said on Saturday. The gang was adulterating high-quality coal (petcoke) imported from the US, cheating cement and steel factories out of crores of rupees through this illegal operation, Additional Director General of Police (Crime) Dinesh MN said. A team from the Crime Investigation Branch had been gatheri ...Read More >
In a recent June report, Motley Fool researchers identified Caterpillar (NYSE: CAT) as one of the three largest (specifically, the third largest) industrial stocks by market capitalization in the U.S. Valued at $162 billion last month, the stock now costs more than $192 billion. Caterpillar generates more than $63 billion in sales annually, and turns $22.5 billion of this into gross profit. On the bottom line, Caterpillar earned net profit of $9.9 billion over the last 12 months, and the compan ...Read More >
Tata Steel launched an all-women mining shift at its Noamundi iron mine in Jharkhand, a first in India. This initiative builds on their "Women@Mines" program and aims to empower women in mining. The company trained local women to operate heavy machinery through the "Tejaswini" initiatives, leading to this milestone. Tata Steel also achieved 20% diversity in its India workforce.In order to bring in more diversity, Tata Steel has rolled out an all-women shift at its Noamundi iron mine in Jharkhand ...Read More >
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