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…
Zomato stock: saw a decline of over 5 percent on May 31 following a forecast by foreign brokerage Macquarie, predicting a nearly 50 percent drop in the food delivery platform’s share price over the next 12 months due to heightened competition in the quick commerce sector. As of 11:33 am, Zomato shares were trading at…
Mamaearth parent’s stock: A day after the skincare company reported its highest-ever quarterly net profit for the January–March quarter of FY24, Honasa Consumer, the discern organization of Mamaearth, noticed a 7% boom in its stocks throughout early buying and selling on May 24. Honasa Consumer’s stocks have been buying and selling at the NSE at…
Awfis Space Solutions IPO: Awfis Space Solutions’ initial public offering (IPO) begins its subscription today, May 22, and will conclude on May 27. The price range for the IPO is between ₹364 to ₹383 per share. Investors can apply for shares in lots of 39, with a minimum investment amount of ₹14,937 required for retail…
RVNL share price: Rail Vikas Nigam Ltd (RVNL) saw its share price surge by over 15% during intraday trading on Tuesday, reaching an all-time high of ₹345.90 on the NSE. Over the past year, RVNL’s share price has soared by more than 190%, delivering multi-bagger returns to investors. The surge in RVNL’s share price on…
Indegene IPO: Indegene’s IPO has received a robust response from investors, particularly high net-worth individuals (HNIs), with subscriptions reaching 1.67 times within the first two days of bidding. This surge in interest spans across all investor categories, signaling a strong market appetite. Priced between Rs 430 to Rs 452 per share, Indegene aims to raise…
Maruti Suzuki stock: Shares of Maruti Suzuki India dropped nearly 2 percent to Rs 12,577 in morning trading on May 2 following reports of a significant decline in sales of its mini cars and compact cars in April. By 9:20 am, the stock was trading at Rs 12,593, marking a 1.8 percent decrease from the…
BSE Ltd’s stock plunged by 19% in Monday’s trading session following a directive from the market regulator Sebi. Sebi instructed BSE to pay regulatory fees based on the annual turnover fee, considering the ‘notional value’ for option contracts. Previously, BSE had been paying regulatory fees based solely on the premium value for option contracts. Furthermore,…
Bajaj Finance shares: Bajaj Finance, a non-bank finance lender, saw its shares drop approximately 8 percent in early trading on April 26 following the release of its Q4 earnings report, which revealed a decrease in net interest margin. The company experienced a 21 basis point erosion in net interest margin during the fourth quarter compared…
Nelco stock: Nelco, a satellite services firm, witnessed a 3.4 percent decline in its shares during early trading on April 24 on the NSE. This drop followed the company’s announcement of a 7 percent year-on-year rise in net profit for Q4FY24. By 11 am, the stock was being traded at Rs 778.95. In a regulatory…
