Go Digit IPO Day 2: Go Digit General Insurance Limited initiated its inaugural public offering (IPO) on Wednesday, scheduled to conclude by Friday. The insurer has established the Go Digit IPO price range at ₹258 to ₹272 per equity share, receiving backing from Indian cricket icon Virat Kohli and his spouse, acclaimed Bollywood actress Anushka…
Awfis Space Solutions IPO: The price range for the Awfis Space Solutions Limited IPO has been set at ₹364 to ₹383 per equity share with a face value of ₹10. The subscription period for the IPO is from Wednesday, May 22, to Monday, May 27. Allocation to anchor investors is set for Tuesday, May 21….
GO Digit IPO: Subscriptions for the Go Digit IPO begin on May 15. It closes on May 17. On May 23, the issue is expected to list on the BSE and NSE. Today is the subscription opening for Virat Kohli‘s Go Digit General Insurance IPO. In the ₹2,614.65 crore issue, 4.14 crore shares valued at…
Canara Bank: In Wednesday’s intraday trade on the BSE, shares of the state-owned Canara Bank surged up to 4.8% at Rs 118.90 a share. Over 8% of the stock’s value has increased in the last three trading sessions. The company’s stock split arrangement of 1:5, which implies that one equity share divided into five, went…
Adani Power shares: During early trading today, shares of Adani Power surged to a new all-time high, buoyed by a rally in the benchmark indices. The stock of the Adani Group saw a notable 3.21% increase, reaching Rs 647.80 compared to the previous day’s close of Rs 627.65 on the BSE. This propelled the firm’s…
Zomato shares: Zomato’s stock experienced a 6% decline today following the company’s Q4 earnings announcement. In the fourth quarter of FY24, Zomato reported a consolidated net profit of ₹175 crore, a notable turnaround from the ₹188 crore loss recorded in the same period last year. This represents a 27% increase from the ₹138 crore profit…
Eicher Motors Q4 Results: Eicher Motors, known for its commercial vehicles and Royal Enfield motorcycles, disclosed a consolidated net profit of ₹1,070.45 crore for the fourth quarter of FY24, marking an 18.2% increase from ₹905.58 cr in the same quarter before year. In Q4FY24, the company’s total revenue from operations saw a year-on-year (YoY) growth…
Q4 Results: APL Apollo Tubes, Jaiprakash Associates, Hi-Tech Pipes, and Siyaram Silk Mills are among the 29 companies scheduled to report their Q4 results today. These companies will unveil their earnings for the fourth quarter of FY24 on May 11, with the market anticipating a reaction to their shares on Monday, May 13. 29 Businesses…
Vedanta: On Friday, Vedanta Ltd, led by billionaire Anil Agarwal, announced the acquisition of an additional 46.57% stake in the Japanese display major, AvanStrate Inc, for $78.3 million. This acquisition was made through its wholly-owned subsidiary, Cairn India Holdings Ltd. Following this purchase, Vedanta’s total ownership in AvanStrate now stands at 98.2%. The transaction is…
PNB Q4 profit: Despite Punjab National Bank (PNB) reporting a 160 percent year-on-year (YoY) increase in profit, some brokerages, such as Nirmal Bang Institutional Equities and Kotak Institutional Equities, remained unimpressed and maintained ‘Sell’ ratings on the stock. They pointed to a recent significant surge in the stock price. PNB’s fourth-quarter profit was primarily driven…
