Paytm Payments: The board of PPBL was reorganized earlier this week following the resignation of Vijay Shekhar Sharma as the bank’s part-time non-executive chairman. An administrator designated by the RBI may take over the management of unclaimed deposits and certain crucial areas of Paytm Payments Bank, which is in danger of losing its license after…
Mukka Proteins IPO closes today: Mukka Proteins IPO is worth ₹224 crore and consists of a fresh offering of 8,00,000 equity shares. Mukka Proteins’ initial public offering (IPO) began on February 29 and ends today (March 4). The initial public offering had a positive reaction throughout the first two days of its launch, with 6.97…
Adani Ports share price surged over 1% to reach an all-time high on Monday following the company’s announcement of a remarkable 33% year-on-year increase in cargo volumes for February. This impressive growth propelled Adani Ports shares up by 1.32% to ₹1,356.50 each on the Bombay Stock Exchange (BSE). In February, Adani Ports and Special Economic…
Cipla stock: On March 2nd, Cipla’s stock experienced a notable uptick, marking a gain of 1.43 percent. This surge brought it tantalizingly close, just Rs 2 away, from reaching the 52-week high it had achieved in the preceding session. From February 26 to March 1, the US Food and Drug Administration (USFDA) examined a production…
Stocks: The BSE Sensex reached fresh highs of 73,994.70 during the day. However, the BSE’s barometer eventually finished 60.80 points, or 0.08 percent higher, at 73,806.15. During the special trading session on Saturday, which ended at 12.30 pm, domestic equities markets ultimately closed modestly higher, despite the headline indexes reaching new highs. Trade was held…
GDP: As the gross value added (GVA) in the farm sector shows a contraction during the third quarter, the Chief Economic Advisor remains optimistic, foreseeing a rebound in the upcoming year. He anticipates robust growth in the construction, manufacturing, and mining sectors, which could potentially offset the downturn in agriculture. However, there are lingering concerns…
Mukka Proteins IPO: On March 1, the Rs 224-crore initial public offering (IPO) of Mukka Proteins saw a robust subscription rate, being subscribed 4.55 times by the end of the second day of bidding. Retail investors took the lead in the subscription race, showing significant interest by subscribing 7.1 times the quota of shares allocated…
Sadhav Shipping: On March 1, the stock of Sadhav Shipping was listed at a 42.1 percent premium over the IPO price, making a respectable debut. The stock price on the NSE SME platform is RS.95, with an issue price of This. It started at 135 Before the official listing, the shares were trading at a…
Bitcoin: The ongoing rally in the crypto market persisted as Bitcoin experienced another surge on Thursday, reaching close to the $64,000 mark for the first time in roughly 27 months. As the largest cryptocurrency by market capitalization, it surged by approximately 11 percent, bringing its total valuation to $1.24 trillion. The significant surge in Bitcoin…
Zee Entertainment: On February 29, Zee Entertainment Enterprises’ stock dropped about 3% as a result of Sony Pictures Networks India formally withdrawing its proposal for a merger with the media behemoth that it had provided information to the National Company Law Tribunal. The Zee shares were trading on the NSE at Rs 158.75 at 1:23…
