stock market

Dividend Stocks: Kirloskar Industries, Mazagon Dock, NALCO among others to trade ex-dividend next week; Full list here

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Dividend Stocks: Kirloskar Industries, Mazagon Dock, NALCO among others to trade ex-dividend next week; Full list here

Dividend Stocks: Shares of several major companies, including Kirloskar Industries, Mazagon Dock, National Aluminium Co. Ltd (NALCO), Deccan Cements, Edelweiss Financial Services, Container Corporation of India, and Ambika Cotton Mills, among others, will trade ex-dividend from Tuesday, September 17, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, … Read more

Shree Tirupati Balajee IPO subscribed 68.98 times on Day 3, check details

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Shree Tirupati Balajee IPO subscribed 68.98 times on Day 3, check details

Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available. The IPO shares … Read more

Nifty 50, Sensex today: What to expect from Indian stock market in trade on September 9

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Nifty 50, Sensex today: What to expect from Indian stock market in trade on September 9

Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday tracking weakness in global equities. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,843 level, a discount of nearly 66 points from the Nifty futures’ previous … Read more

Kross IPO: Autoparts maker raises nearly ₹150 crore in anchor round before IPO

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Kross IPO: Autoparts maker raises nearly ₹150 crore in anchor round before IPO

Kross Ltd also known as Kross Manufacturers (India) Private Limited, the automotive parts manufacturer, on Friday, said it has raised around ₹150 crore ( ₹149.99 crore) from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company press release. As per the exchange filing, the company has … Read more

Understanding smart beta funds and how they can boost index returns

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Understanding smart beta funds and how they can boost index returns

Beta measures the volatility, or systematic risk, of a security or portfolio compared to the market. For instance, a company operating in a cyclical industry may carry some specific risks. The company’s stock, therefore, may be more volatile than the overall markets and hence have a high beta. The same may be said of a … Read more

Bajaj Housing Finance IPO: 10 key things to know from RHP before subscription opens on September 9

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Bajaj Housing Finance IPO: 10 key things to know from RHP before subscription opens on September 9

Bajaj Housing Finance Limited’s initial public offering (IPO) will open for subscription on September 9, 2024. The non-banking financial company (NBFC) seeks to raise ₹6,560 crore from the public issue. Bajaj Housing Finance Ltd. falls under the Reserve Bank of India’s (RBI)“Upper-layer” NBFC. To comply with RBI’s norms, NBFC’s in this layer have to be … Read more

Indian stock market: 8 key things that changed for market overnight – Gift Nifty, Nvidia results to oil prices

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Indian stock market: 8 key things that changed for market overnight - Gift Nifty, Nvidia results to oil prices

Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Thursday following weakness in global markets. Asian markets traded lower, while the US stock market ended in the red overnight as investors watched out for Nvidia results for the second quarter. On Wednesday, the Indian stock market … Read more

ICICI Direct’s Top Momentum Picks: NBCC, HPCL; sees 8% upside in 30 days

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ICICI Direct’s Top Momentum Picks: NBCC, HPCL; sees 8% upside in 30 days

Equity benchmarks rebounded strongly as concerns about a US recession diminished, buoyed by the latest economic data. The Nifty index gained over half a percent in today’s trading session, following a 0.13 percent rise in the previous session and a 1.65 percent rally on Friday. ICICI Direct Technical Outlook – Nifty ICICI Direct’s technical analysis … Read more

Kalpataru files draft papers for IPO with SEBI; plans to raise ₹1,590 crore via fresh issue

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Kalpataru files draft papers for IPO with SEBI; plans to raise ₹1,590 crore via fresh issue

Kalpataru Ltd, the Mumbai based real estate developer, has filed its Draft Red Herring Prospectus (DRHP) with capital market regulator Securities and Exchange Board of India (SEBI) to raise funds via initial public offering (IPO). Kalpataru IPO comprises a fresh issue of equity shares worth ₹1,590 crore of face value of ₹10 each, according to … Read more