Global brokerage Citi maintained its ‘buy’ recommendation on Vodafone Idea stock after the Chief Justice of India consented to hear its appeal over AGR (Adjusted Gross Revenue) dues. Citi has set a target price of ₹23, suggesting a strong upside of almost 38%. “The management is hopeful about a positive resolution in the AGR case…
Sahaj Solar IPO Allotment: Investor interest in renewable energy solutions company Sahaj Solar’s initial public offering (IPO) has been huge. Investors are waiting for the allotment of Sahaj Solar IPO but as the subscription period has already expired, the IPO is scheduled to close today. Sahaj Solar IPO opened on July 11 and closed on…
Today, we have the first quarter results: The Bajaj share price is holding flat ahead of its Q1 earnings today. The Indian automaker will release its highly anticipated Q1 2024 results on Tuesday. The company board has scheduled a meeting on July 16, 2024, to evaluate and approve the standalone unaudited financial results for the…
Zomato shares: A day after the meal delivery aggregator announced it was raising its platform fee to ₹6 from ₹5, Zomato’s share price soared over 4% to reach a 52-week high on Monday’s session. The expected outcome of the new platform fees, which are set to be introduced in certain cities such as Bengaluru and…
Sahaj Solar IPO: Sahaj Solar Limited’s initial public offering (IPO) began on July 11, 2024, and will run until July 15, 2024. Those interested in applying for the public issue planned for listing on the NSE SME Emerge platform should be aware that bidding for the Sahaj Solar IPO will close today evening. The alternative…
DMart Q1 Results: On Saturday, July 13, Avenue Supermarts, the retail chain DMart’s operator and backed by renowned investor Radhakishan Damani, revealed its April-June quarter results for fiscal 2024–25 (Q1FY25). The company reported a 17.5% increase in consolidated net profit at ₹773.8 crore, compared to ₹658.8 crore in the same period the previous year. DMart…
IREDA share price: For the past three sessions, the stock price of Indian Renewable Energy Development Agency (IREDA) Limited has been significantly rising. The price of an IREDA share on the NSE has risen by a significant 25% in just three days, from ₹240.53 to ₹303.70 a share. This rising trend implies that IREDA’s stock still has…
The share price of Reliance Industries has increased by 22% so far this year. The increase in Reliance’s share price might also be attributed to the flow of news and analyst expectations surrounding the company’s telecom business, Jio. According to a recent forecast by Jefferies India Ltd., Jio may list at a valuation of $112…
Subscriptions for the Sahaj Solar IPO began on Thursday, July 11, and will end on Monday, July 15. Sahaj Solar’s IPO price range is ₹171-₹180 per share, with a face value of ₹10. At least 800 shares are up for bid, as well as multiples of those shares. The net offer has been divided as…
The current state of the stock market: Early morning trade showed a significant increase in Yes Bank’s share price following an upgrade by the international rating agency Moody’s. Within minutes of the opening bell, Yes Bank shares reached an intraday high of ₹27.09 per share, after opening with an upside gap on the NSE at…
