Paras Defence IPO

Photo: Republic World

Paras Defence & Space Technologies Makes IPO Debut, Oversubscribed By 71%

The Initial Public Offering (IPO) of Paras Defence and Space Technologies concluded in September and the shares listed were surprisingly fully subscribed within an hour of the sale. The company is amongst the leaders of the ‘indigenously designed developed and manufactured’ defence and space sector enterprises. Even though the sales of the company took a plunge during the pandemic and the EBITDA margins expanded during the period.

Fri, 01 Oct 2021 - 06:27 PM / by Muskan Arora

Tags: Stock market, Paras Defense IPO, IPO, SHARE MARKET

Rakesh Jhunjhunwala earns 900 crores from Tata Shares in September

Photo: The Financial Express

Rakesh Jhunjhunwala Earned 900-Crores From Tata Shares In September

Stock trader Rakesh Jhunjhunwala made nearly Rs 900 crores from his shareholding in Tata Motors Group in the month of September. Tata Motors share price has surged around 13 per cent in October itself and is expected to remain in the bullish phase for quite some time, according to the experts. Jhunjhunwala even invested in Titan's shares and the company's shares went up 11.40 per cent in this period.

Tue, 28 Sep 2021 - 01:15 PM / by Muskan Arora

Tags: Rakesh Jhunjhunwala, TATA MOTORS INDIA, Stock market, titan

Courtesy: Livemint

IRCTC, Vodafone and 6 others on F&O Ban

Photo: Business Standard

STOCK NEWS: NSE Bans 8 Companies Including IRCTC, Exide, Vodafone

Indian Railway Catering and Tourism Corporation (IRCTC), Vodafone Idea (Vi), Canara Bank, Exide Industries, LIC Housing Finance, and three more are put under the F&O ban by the NSE on Sept 15. These stocks have crossed 95% of the Market-Wide position limit (MWPL). MWPL is the maximum number of contracts to be open at any given time. Thus, no fresh positions are permitted for these companies, until the reversal of the ban by NSE.

Thu, 16 Sep 2021 - 11:52 AM / by Muskan Arora

Tags: Stock market, NSE, IRCTC, Vodafone, Idea, Canara Bank, Sun TV

Courtesy: Mint


Photo: The Indian Express

Asia's Stock Suffered Decline, Despite Wall Street's High Indices

Despite Wall Street's record-breaking day, Asia's stocks fell on August 26. Stock prices in Malaysia and Thailand were up, while those in Indonesia and Japan were down, remained uniform in Singapore. Shanghai-Composite-Index declined 0.5% at 3,521.76. An increasing number of economists have expressed concern over rising Covid-19 cases and are betting that Fed officials will remain in a "wait and see" mode when it comes to inflation.

Thu, 26 Aug 2021 - 01:52 PM / by Vidhi Jhunjhunwala

Tags: Stock market, Asian Stocks, Chinese, Wall Street

Courtesy: Deccan Herald


Photo: CoinDesk

Bitcoin Value Stumbles By 7.9% To Clock $47,525

The market valuation of cryptocurrency spearhead 'Bitcoin' fell by 7.9% to clock $47,525 on April 23. Reportedly, the cryptocurrency soared at an all time high of $64,870 on April 14 before plunging below its 100-day moving average. Experts have warned of more future losses as US is eyeing to increase capital gain tax rate to 39.6%, thereby igniting negative investor sentiments. Notably, this is Bitcoin's worst performance since March 2020.… read-more

Sat, 24 Apr 2021 - 09:56 AM / by Ronit John

Tags: Bitcoin, Cryptocurrency, Wall Street, Stock market

Courtesy: The Indian Express

Gautam Adani

Photo: Scroll

S&P Index To Delist Adani Ports, Cites Firm's Ties With Myanmar Military

India-based Adani Ports and Special Economic Zone Ltd will be delisted from S&P Dow Jones's sustainability index before April 15. The decision has been taken because of the firm's association with the human rights violation-accused Myanmar military. Reportedly, a $290-million port is being constructed by the company on the military-backed corporation land. However, the company has not issued any comment on the delisting yet. 

Tue, 13 Apr 2021 - 09:07 PM / by Neha Sanjeev

Tags: Adani Groups, Myanmar Military, Stock market, Gautam Adani

Courtesy: NDTV


Photo: UTI Mutual Fund

Equity Schemes Witness Net Inflow After 9 Months In March

Indian equity mutual funds have recorded an inflow of Rs 9,115 crore in March. Witnessing inflows for the first time in nine months, the Association of Mutual Funds in India data reported Rs 4,534-crore outflow from the equity and the equity-linked schemes in February. Reportedly, the overall outflow stood at Rs 29,745 crore for the period studied. Meanwhile, gold exchange-traded funds witnessed an inflow of Rs 662 crore in March.

Fri, 09 Apr 2021 - 09:06 AM / by Ronit John

Tags: Equity, Stock market, Funds, Companies

Courtesy: Business Standard


Photo: Bloombergquint

SEBI Encourages Startups' Listings By Easing Eligibility Rules

To bring more start-ups into stock market, SEBI has eased the eligibility rules by bringing necessary amendments. Easing the delisting process, the regulator has provisioned that promoters or acquirers will have to disclose intention of delisting by making public announcements. Besides, slashing the time period for pre-issue shareholders to 1 year from 2 year, SEBI increased the pre-issue shareholding of 'Innovators Growth Platform investors… read-more

Fri, 26 Mar 2021 - 09:42 AM / by Ronit John

Tags: SEBI, Stock market, start-up business, De listing

Courtesy: Money Control


Photo: The Economic Times

Kalyan Jewellers To Go For Rs 1,175 Cr IPO Launch From March 16-18

India's biggest jewellery group Kalyan Jewellers plans for an Initial Public Offering during March 16-18. Reportedly, the price cap of shares has been set at Rs 86-87, along with a total share sale of Rs 1,175 crore. While capping 50% and 35% of the total issues respectively for institutional buyers and retail investors, Rs 20 million have been reserved for eligible employees. Currently, Kalyan Jewellers has over global 100 showrooms clocking… read-more

Thu, 11 Mar 2021 - 08:38 PM / by Ronit John

Tags: Kalyan Jewellers, IPO, SEBI, Stock market, Indian Stock Market

Courtesy: Your Story.Com

Indigo logo.

Photo: Groww

Indigo Paints Bullish On Stock Market Debut With 85% Premium

Shares of Indigo Paints on February 2 soared by 85% to Rs 2,756.30 in the Bombay Stock Exchange from its issue price of Rs 1,490 on its stock exchange debut. The increase was credited to the optimism following the Union Budget. Reportedly, Indigo's Initial Public Offering (IPO) was subscribed 117 times by institutional and HNI investors, resulting in bids for the 64.58 crore shares. Indigo is ranked among top 5 paint companies in India.

Tue, 02 Feb 2021 - 11:56 AM / by Harsh Vardhan

Tags: BSE, Indigo Paints, IPO, Stock market, business

Courtesy: Times Now