Vraj Iron and Steel IPO: Today, the initial public offering bidding has commenced for Vraj Iron and Steel, and it will remain open for subscription until June 28, 2024. During this period, from Wednesday to Friday this week, investors can participate. The Initial Public Offering price range for Vraj Iron and Steel has been set…
DEE Development Engineers’ IPO: The initial public offering (IPO) of DEE Development Engineers Limited is scheduled for today, June 26, 2024. According to a notice from the Bombay Stock Exchange (BSE), the equity shares of DEE Development Engineers will be listed and available for trading on the Indian exchanges in the ‘B’ group of securities,…
The Adani Group intends to invest Rs 1.3 trillion in FY25 to bolster capacity, with Adani Green Energy allocating Rs 34,000 crore for its facilities in Khavda, Gujarat, according to Jugeshinder ‘Robbie’ Singh, the group’s chief financial officer, speaking in Ahmedabad on Tuesday. Singh highlighted that the majority of these investments will focus on the…
Muthoot Microfinance shares: In Tuesday’s afternoon session, shares of Muthoot Microfinance rose by more than 6% following the announcement that the firm has been granted a corporate agent license by the Insurance Regulatory and Development Authority of India (IRDAI). This license allows Muthoot Microfinance to provide customized insurance products to its customers. Muthoot Microfinance’s stock…
Stanley Lifestyles IPO: The IPO of Bengaluru-based Stanley Lifestyles concludes today. The ₹537-crore offering from the high-end furniture manufacturer garnered strong interest from retail investors and high-net-worth individuals (HNIs) in the first two days of its opening. The IPO, priced between ₹351 and ₹369 per share, was oversubscribed by 5.22 times. This IPO, having a…
Amara Raja stocks: Amara Raja Energy and Mobility’s stock surged by 20% to reach Rs 1,656, marking an all-time high on June 25. This increase followed the battery manufacturer’s announcement of a technical licensing agreement with Gotion High-Tech, based in China. Under this agreement, Gotion High-Tech’s subsidiary, GIB EnergyX, will license its LFP technology for…
Hero MotoCorp: Homegrown two-wheeler major Hero MotoCorp announced on Monday that it will implement an upward revision in the ex-showroom prices of select motorcycles and scooters, effective July 1, 2024. The price increase will be up to Rs 1,500, with the exact amount varying by specific model and market. Hero stated in a BSE filing…
Gift Nifty: Stock markets are expected to open Monday’s trading session on a negative note, influenced by a somber sentiment in global markets and a potential technical correction following recent substantial gains. As of 07:00 AM, Gift Nifty futures were priced at approximately 23,428, suggesting a probable gap-down opening of more than 75 points for…
Stocks News: Initial public offerings (IPOs) that launched on the main bourses or SME exchanges during the first half of 2024 have provided strong returns to investors, benefiting from the ongoing rally in the domestic equity market. Vruddhi Engineering Works emerged as the top performer, with its shares soaring 347% to Rs 313.20 on June…
RVNL shares: Shares of Rail Vikas Nigam Ltd (RVNL), a state-run company, closed nearly 6% higher on Friday following its announcement that it had secured the lowest bidder (L1) status for a project valued at Rs 191.5 cr from South Eastern Railway. RVNL’s shares ended the day up by 5.77% at Rs 409.70, compared to…
