Ixigo (Le Travenues Technology Ltd), the digital travel aggregator and agnostic platform provider, had filed its draft red herring prospectus (DRHP) in August 2021 and SEBI had already given its observations and approved the IPO in December 2021. How

Jaikumar Constructions Ltd, real estate developer focused on the state of Maharashtra, had filed its draft red herring prospectus (DRHP) in June 2021 and SEBI had already given its observations and approved the IPO in September 2021. However, Jaik

Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes. Su

One can argue that indices have fallen sharply, but some sectors have taken it on their chin. One such example is that of tyre industry. Apollo Tyres has already corrected 26.6 from its Oct-21 peak to Rs.183.50, while MRF has corrected 25.9 from it

Systematic investment plans (SIP) have become the mainstay of retail investors allocating money to mutual funds in the last few years. This is very with respect to equity and quasi equity funds, where investors normally use the SIP route to get the f

Oil giant Saudi Aramco is narrowing the gap with Apple Inc. for the title of the world’s most valuable company. Incidentally, Saudi Aramco and TSMC are the only two non-American company in the top-10 market cap rankings, with the other eight being

It is said that Goldman Sachs rarely gives subdued updates. They were the first to call crude at $150/bbl in 2008 and now they have called crude at closer to $200/bbl in a worst case scenario. Goldman Sachs, in its latest update, has upgraded the pri

Amidst the prospects of the LIC IPO getting done in the current fiscal year dimming, the government needs some back-up plans to show new revenue generating sources for the excehquer. On 09th March, the Union Cabinet approved the setting up of the Nat

After the sharp rally in Brent Crude since the war in Ukraine started, the price of oil saw its first real correction on 09th March. On Wednesday, the price of Brent Crude fell by $15/bbl to a level of $113/bbl. However, that does look like a o

It looks like there is going to be a rush for raising money via bonds ahead of the expected rate hikes by the Fed. Already there are apprehensions that the RBI may also rate repo rates to offset the impact of sharply higher inflation due to rising cr

It is not often that a diversification into paints is a negative factor for a stock. However, we do live in abnormal times. Paint companies are under pressure due to the sharp cost inflation and the competitive pricing situation in the paints industr

It may be recollected that Dish TV in its 30-December AGM had sought a vote on 3 key areas. While the voting was completed via e-voting, the outcome was not disclosed. While Dish TV was supposed to disclose the outcome by first week of January, they