Crayons Advertising IPO had a strong listing on 02nd June 2023, listing at an impressive premium of 38.5 on the NSE SME-IPO segment, but subsequently gaining still further to decisively close above the IPO price and also the listing price. In a sens

Sahana Systems IPO closed on Friday, 02nd June 2023. The IPO had opened for subscription on 31st May 2023. Let us look at the final subscription status of Sahana Systems IPO at the close of subscription on 02nd June 2023. A quick word on Sahana S

When the GDP data for the fourth quarter and for FY23 was announced, it came in better than expected. At 6.2 for the fourth quarter and 7.2 for FY23, the growth was much better than expected. Clearly, the Indian economy grew at a much faster pace t

It is no secret that Indian government and the Indian companies are sinking billions of dollars into green projects. But, the question has always been whether these green investments would really create adequate jobs? Now we have a more definitive an

India had made grand plans to foray into the big ticket area of chipmaking. However, these plans are likely to face some real problems in the months ahead. As now two big chip plans in India running into billions of dollars are virtually on hol

About 4 years back, just ahead of the pandemic, Sun Pharma made a very big bet. It made a bet that its multi-billion dollar bet on specialty drugs in the US market would pay off. Back then, not too many investors were convinced. Their view was that e

Infollion Research Services IPO of closed on Wednesday, 31st May 2023. The IPO had opened for subscription on 29th May 2023. Let us look at the final subscription status of Infollion Research Services Ltd at the close of subscription on 31st May

Suzlon Energy was once considered the pioneer in alternate energy and its chairman, Tulsi Tanti, had pioneered the concept to India long before it became a national economic goal. However, over time, weak demand and excess debt pushed the company int

IKIO Lighting Ltd is a 7 year old company incorporated in the year 2016. IKIO Lighting Ltd is a domestic manufacturer of light-emitting diode (LED) lighting solutions. In the last few years, even the government has consciously encouraged the shift to

Kore Digital Ltd is one of the key mid-sized telecom infrastructure provider in India. The company, Kore Digital Ltd, was incorporated in 2009 with the primary objective of offering high-end communication solutions to corporate and Telecom Network Op

India Railway Catering and Tourism Corporation (IRCTC), the listed arm of the Indian Railways, announced its results for the fourth quarter ended March 2023 on 29th March 2023. For the quarter, it announced 30.4 higher net profits at ₹279 crore as

For the quarter ended March 2023, the numbers of Adani Transmission Ltd (ATL) were fairly impressive. The net profits on a stand alone basis were up 85 in the quarter on a yoy basis while the consolidated profits were up 69.6 yoy at ₹389 crore fo