The share price of Rail Vikas Nigam Ltd., or RVNL, surged by more than 4% in early trading on Tuesday following a few encouraging developments for the railway PSU company. On the BSE, RVNL shares increased by as much as 4.6% to ₹601.75 a share. The previous session saw an 11% increase in RVNL shares,…
Saraswati Saree Depot IPO: Saraswati Saree Depot Limited’s initial public offering (IPO) was launched in the Indian primary market today. According to the BSE and NSE website schedules, the Saraswati Saree Depot IPO subscription period would last until August 14, 2024. As a result, the public offering will be open for bids from Monday to…
Saraswati Saree Depot IPO: Saraswati Saree Depot Limited’s initial public offering (IPO) was launched in the Indian primary market today. According to the schedule on the BSE and NSE websites, the Saraswati Saree Depot IPO subscription will be open until 14 August 2024. As a result, the public offering will be open for bids from…
Firstcry IPO: Brainbees Solutions Limited, the parent company of the ‘Firstcry’ brand, launched its initial public offering on August 6, 2024, which will close on August 8, 2024. This leaves Indian primary market investors with only one day to apply, as the bidding ends this evening. The price range for the Firstcry IPO has been…
According to a BSE filing, the AGM will take place at 2 p.m. IST via video conference or other audiovisual methods. Jio Financial Services Ltd (JFSL), formerly known as Reliance Strategic Investments Limited, will be under the spotlight on Thursday morning after the demerged business of Reliance Industries Ltd (RIL) announced its inaugural Annual General…
Brainbees Solutions Limited’s initial public offering (IPO), which operates under the FirstCry brand, became available for subscription on Tuesday, August 6, and will remain open until August 8. The offering price ranges from ₹440 to ₹465 per equity share, having a face value of ₹2 apiece. Retail investors can place bids on up to 13…
Vedanta: Vedanta’s guidance on future dividend payouts, remarks on demerger status, and updates on volumes and CoP across verticals will be closely monitored. Vedanta Ltd is projected to post a 200-240 percent increase in earnings for the June quarter on up to 15% growth in sales. The management report on the parent’s debt status is…
Gautam Adani, the 62-year-old Chairman of Adani Group, stated in a media interview on August 5 that he intends to stand down from the position when he reaches the age of 70. “Succession is essential for the long-term sustainability of any business. I entrusted the decision to the second generation because the transition needs to…
Marico’s share price fell by more than 4% on Tuesday as a result of political upheaval in Bangladesh, which accounts for a large portion of the company’s worldwide operations. Marico shares fell by up as 4.43% to ₹642.55 on the BSE. The political crisis in Bangladesh erupted after days of large violent protests, and Prime…
The Ola Electric Mobility IPO reached full subscription by the second day of bidding. The employee segment saw the highest subscription rate at 8.98 times. The retail investor segment was subscribed 2.87 times, while the non-institutional investor segment reached 1.11 times subscription. The portion allocated for qualified institutional buyers (QIBs) achieved 40% subscription. According to…
