The Rs.562.10 crore IPO of Dreamfolks Services Ltd consists entirely of an offer for sale of shares by the promoters and early shareholders. The issue has been priced in the band of Rs.308 to Rs.326 per share and the IPO allotment price will be disco

Just when we thought that the worst was over for the Indian rupee and it had bounced back from the Rs80/$ levels, there has once again been a sharp weakening of the rupee. After a combination of RBI intervention and FPI flows took the rupee from 80/$

According to data put out by the Auto Components Manufacturers Association (ACMA), the Indian auto ancillary industry recorded total sales of Rs420,000 crore for the full year FY23 ended in March 2022. This is an all-time record and reflect the sharp

The traditionally cash rich Indian IT sector is facing a crunch of sorts. They are still sitting on piles of cash but in the last few quarters, the employee costs and travel costs have shot through the roof. The employee attrition for most of the lar

Amidst rising repo rates, Indian banks appear to have discovered a new mode of raising funds from the market. They are raising funds aggressively through certificates of Deposits (CD), which is a short term fund raising method for banks. These CDs ar

JK Tyres & Industries, Welspun Corp, and Aditya Birla Fashion & Retail Ltd (ABFRL) have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session,

The shares of this company made a fresh 52-week high on 23 August. Adlabs Entertainment Ltd owns and operates Adlabs Imagica, also known as Imagicaa World. It is engaged in providing a theme park, offering fun, action, entertainment, dining, and s

Billionaire Gautam Adani’s bid to grow his empire at breakneck speed could end up in a debt trap, a report by Fitch Ratings’ company CreditSights has said. In its report ‘Adani Group: Deeply Overleveraged’ Fitch’s CreditSights has

Looking for stocks that could deliver good returns by August 24? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a stock opening with a gap-up and wish they should have bou

According to the news by money control, skilled investor Radhakishan Damani is anticipated to take over as the principal trustee for Rakesh Jhunjhunwala's assets. The other two trustees will be Kalpraj Dharamshi and Amal Parikh in addition to Damani.

The quantum of the dividend stands at Rs 65 per equity share, which is 650 of the face value of Rs 10 per equity share. The shares of Forbes and Company Ltd are trending on the bourses today. Earlier today, in the pre-opening session, Forbes

Kalyan Jewellers has soared over 7 in Tuesday’s trading session. The volatility induced in the Indian market seems to not affect the stock of Kalyan Jewellers, which has seen fresh buying interest from the traders. It has over 7 dur