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24th Aug 2021
Aptus Value Housing Finance India Ltd and speciality chemical maker Chemplast Sanmar Ltd made weak debuts on the stock exchanges on Tuesday with their shares listing at a discount of 3-7 to their respective offer price. Shares of Chennai-based Aptus
23rd Aug 2021
Nuvoco Vistas Corporation Ltd, the cement arm of Karsanbhai Patel-led Nirma Group, made a disappointing debut on stock exchanges Monday with its shares listing at a 17 discount to their issue price before paring the losses. Shares of Nuvoco began t
20th Aug 2021
On August 15, while addressing the nation from the ramparts of New Delhi’s Red Fort, Prime Minister Narendra Modi reiterated his government’s resolve to invest Rs 100 trillion into India’s infrastructure sector and transform the transportation
HDFC Bank, India’s most valued lender, has shrugged off concerns related to AT1 (additional tier) bonds that arose with the crisis at Yes Bank as it raised $1 billion from overseas investors. India’s biggest private-sector bank raised the amount
CarTrade Tech Ltd, the operator of several automobile classifieds portals such as CarTrade, CarWale and BikeWale, listed its shares on stock exchanges at a slight discount to its issue price. The company’s shares started trading at Rs 1,600 apie
Pune-based Emcure Pharmaceuticals Ltd is making its second attempt to float an initial public offering (IPO), joining a bunch of healthcare companies to tap into the stock market buoyancy. Emcure has filed a draft prospectus with the capital
Ruchi Soya Industries Ltd, the publicly listed edible oil company now controlled by fast-moving consumer goods and wellness products firm Patanjali Ayurveda, has received regulatory approval for a follow-on public offering (FPO). The proposed FPO, w
17th Aug 2021
India’s business activity, which was hammered amid the second wave of the coronavirus pandemic between late March and early July, has recovered to an all-time high as lockdown restrictions ease due to a fall in infections. As per the Nomura Glob
The list of Indian companies rushing to sell their shares on the stock markets for the first is getting longer by the day as benchmark indexes remain near record highs. VLCC Health Care, Inspira Enterprise, Tarsons Products and Latent View Ana
14th Aug 2021
AV Birla Group flagship Grasim, a diversified holding company for various businesses, posted strong quarterly profit numbers with both operating and net profit exceeding analyst estimates but its revenue growth lagged expectations. The company clo
India’s primary market activity is showing no signs of slowing with four more companies filing draft documents to launch their initial public offerings even as benchmark indexes touched new highs on Friday. Restaurant operator Sapphire Foods I
Indian stocks touched new record highs Friday after data showed retail inflation eased and industrial output rose while the government promised more steps to accelerate economic growth. The consumer price index fell to a three-month low of 5.59 in J
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