Shares of Dhanlaxmi Bank Ltd rallied 8.56 to Rs 16.23 from its previous close of Rs 14.95. The stock hits a fresh 52-week high after the company announced the fund-raising plan. Dhanlaxmi Bank is a publicly held banking company, which provides ba

The aggressive growth ambitions of the Adani group in cement have never been a secret. They picked up 70 million tonnes per annum (MTPA) of cement capacity in India in one scoop by buying out Holcim’s stake in ACC and Ambuja Cements. At 70 MTPA, Ad

Have you wondered about the difference between these 3 words; bravura, bravery and bravado. Bravura is skill or some unique ability in a person to identify or spot a trend that others cannot. Bravery does not need too much of an explanation. It is co

More than three and half years ago in April 2019, Jet Airways had forcibly ceased operations after it ran out of cash. That was a crisis waiting to happen. At that point, major Middle Eastern airlines had promised to infuse funds into Jet Airways but

Ahead of the government selling its stake in IDBI Bank, several potential bidders had concerns over the role that the government and LIC would play post the sale of stake. Currently, the government of India and LIC jointly hold about 94.7 stake in I

Index Funds and Index ETFs represent the passive category of investment avenues in India. As we shall see later, this is the segment that has been rapidly growing in the Indian context. Today, hybrids and passive funds contribute to about 30 of the

With the Indian stock market hitting an all-time high, this small-cap stock surged 6. On November 29, the market is trading in green scaling new lifetime highs. At noon, the S&P BSE Sensex is trading at 62771, up 0.43, while NIFTY50 is tradi

Shipping stocks have never been in the limelight in the last few years with shipping rates having been under pressure. However, things appear to have changed in the current year and the best example is one of India’s oldest shipping companies, The

The anchor issue of Dharmaj Crop Guard Ltd saw a stable response on 25th November 2022 with 29.84 of the IPO size getting absorbed by the anchors. Out of the 1,05,96,924 shares on offer, the anchors picked up 31,62,450 shares accounting for 29.84 o

It almost looks like the foreign portfolio investors (FPIs) are back with a bang in the Indian markets. With about 3 days to go for the month of November to conclude, the FPIs have already infused $3.86 billion into Indian equities. This is the best

Bajaj Finance entered into an agreement to acquire up to 40 stake in Snapwork Technology. Shares of Bajaj Finance limited opened at Rs 6746.35 and at 11 am, the share was trading at Rs 6797, 0.75 higher than its previous close. On Novem

The week starting 28th November is expected to be a data packed weak with critical data points expected to be out on the macro front. Here are some major data points that could have bearing on the direction of the Nifty and the Sensex. &n