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6th Aug 2024
On August 6, Ashapura Logistics shares made a successful IPO debut on the NSE SME, listing at a premium of 28.5 percent. The shares started trading above the issue price of ₹144, at ₹185 a share. Anchor investors also showed a lot of support for
On August 6, Kizi Apparels' shares made a respectable start on the stock market, listed at ₹23 a share, which was 10.2 more than the IPO price of ₹21 per share on the BSE SME platform. Following 115 subscriptions, the ₹ 5.58-crore public offer
On August 6, Drugs & Pharmaceuticals Shares listed at a premium of 6.7 over the issue price of ₹679, which is at ₹724.9683 but they had a sluggish start on the market, post listing the stock jumped to 8 to Rs 784.6 on Tuesday. The A
About FirstCry (Brainbees Solutions Limited) Founded in 2010, Brainbees Solutions Limited, through its online platform 'FirstCry', has become a go-to destination for mothers, babies, and kids. With a mission to create a comprehensive store for par
5th Aug 2024
Oil and Natural Gas Corporation (ONGC) reported a 42.8 drop in consolidated net profit, amounting to ₹10,236 crore in the first quarter of the financial year 2024-25. Sequentially, ONGC's consolidated net profit decreased by 11. ONGC Q1 Result
Bharti Airtel has announced a substantial 158 year-on-year rise in its Q1 FY25 net profit, totaling ₹4,160 crore. The consolidated net profit for this period was ₹2,925 crore. Additionally, the company's earnings before interest, taxes, deprecia
The 'buy-the-dips' strategy, though successful in the past, may not be advisable in the current climate of heightened global market uncertainty, warn market experts. The recent global market sell-off began last week when US investors offloaded tec
Shares of the PSU pack, a recent favorite among investors, suffered significant losses during the market selloff, with RVNL, IRFC, Mazagon Dock, and NBCC experiencing declines of up to 8 on August 5. The BSE PSU and CPSE indices fell by up to 4,
On Monday, Gujarat-based Infibeam Avenues announced its agreement to acquire a 54 stake in Rediff.com. The company has entered into a definitive agreement to purchase this stake in Rediff.com India for a cash consideration not exceeding ₹25 crore,
Marico Ltd announced a consolidated net profit of ₹464 crore for the June quarter of FY25. The Earnings Before Interest, Tax, Depreciation, and Amortization (EBIDTA) margin was 23.7, an increase of 50 basis points year-on-year, with EBIDTA growing
On Monday, Titan Company's stock price dropped over 4 during morning trades following the release of their Q1 results on Friday after market hours. Titan's stock, which opened at ₹3320.05—4.1 lower than the previous close of ₹3,462.35—co
Indian stock market benchmarks, the Sensex and the Nifty 50, experienced a sharp decline of up to 3 in early trading on Monday, August 5. This drop mirrored a global trend spurred by increasing fears of a US recession and rising tensions in the Midd
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