Interarch Building Products Limited’s share price surged over 4 per cent on September 5 during the early trading session following two major announcements. The building products manufacturer scheduled a board meeting to review financial results and inaugurated a new manufacturing plant in Andhra Pradesh. Interarch Building’s share price was trading in the green, up 4.31 … Read more
The initial public offerings (IPO) of Premier Energies is all set to open for subscription on August 27. The mainboard segment IPO will remain for bidding till August 29. The company, which manufacturer of integrated solar cell and solar panel, has set the price band at ₹427 to ₹450 per share, with a face value … Read more
Orient Technologies initial public offerings (IPO), which opened for subscription on August 21, was subscribed over 16.96 times on the second day of bidding. The issue received bids for 12,63,33,144 shares compared to the 74,49,846 equity shares available, within a price range of ₹195-206, according to stock exchange data. The retail portion and non-institutional investors … Read more
The Indian stock markets will be closed for a total of 10 days including weekends in August 2024. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for the entirety of the 10 days in the month of August. Here is a list of holidays for August, investors and traders … Read more
Top News India’s foreign exchange reserves (Forex) increased by USD 4.83 billion to reach USD 651.5 billion for the week ending May 31, 2024. The IPO of Kronox Lab Sciences got oversubscribed by 117.25 times. Sundaram AMC has launched the NFO for Sundaram Business Cycle Fund. The NFOs closes on 19th June. View Full Image … Read more
In May, the Indian stock exchanges were closed for two days. In observance of Maharashtra Day, both exchanges were closed on May 1. The BSE and NSE were also closed on May 20 in addition to May 1 due to the general elections, which included competing for all six Lok Sabha seats in Mumbai in … Read more
Top News SEBI has issued regulations requiring listed entities to verify market rumours following significant price movements. Unaffected prices will be considered for transactions within 24 hours of confirming a rumour, excluding its impact on share prices. This framework applies to top 100 listed entities from June 01, 2024, and to the next top 150 … Read more
Adani Ports & SEZ: Adani Group is preparing a $3 billion fund to increase its global ports capacity and establish a significant presence in the corridor connecting India to Europe via Central and West Asia. The group plans to increase its port capacity from 600 million metric tonnes per annum (MMT) to 800 MMT in … Read more
Over the past month, the Indian market has been dilly-dallying around the ground of the all-time range. Nifty50 is trading within a broad range of 1000 points, between 21,800 to 22,800. Although the market lacks a clear direction, it shows a positive trend as there has been no loss in investor value. The country’s total … Read more
Indian equities are likely to trade with a downward bias ahead of general elections results, but analysts do not expect a prolonged correction with the market expected to offer buy-on-dip opportunities. Premal Kamdar, Analyst at UBS Securities said he remains cautious on small- and midcap (SMID) companies due to rich valuations and downside earnings risk … Read more