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As of 30-Sep-2024, promoters held 0.0 per cent stake in the company, while FIIs held 17.5 per cent and domestic institutional investors had 17.51 per cent.
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The 30-share BSE Sensex was up 358.27 points at 78497.28
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The 30-share BSE Sensex was up 403.74 points at 78542.75
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In the Nifty 50 index, 38 stocks were trading in the green, while 12 stocks were trading in the red.
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At 7:18 a.m., GIFT Nifty traded at 23740.00 up by 17.50 points or 0.07%. Among others, share prices of Sun Pharma, ITC, India Cements, and Ramco Cements will remain in focus.
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The IPO of Indo Farm Equipment received strong investor response on its opening day, getting subscribed 6.94 times. The offering included both fresh shares and shares from the promoter. The funds will be used for pre-payment of borrowings, investment in a subsidiary, and general purposes. Shares are expected to list on January 7.
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An analyst from Swastika Investmart said that ICICI Bank has been trading within a volatile 100-point range, reflecting heightened uncertainty in the current market scenario.
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Promoter-driven firms and hospital operators are targeting stressed healthcare assets through insolvency processes due to lower valuations. Despite risks, the post-pandemic interest in healthcare is high, driven by insurance penetration and government schemes, leading to significant acquisitions and resolution cases.
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Promoter-driven firms and hospital operators are targeting stressed healthcare assets through insolvency processes due to lower valuations. Despite risks, the post-pandemic interest in healthcare is high, driven by insurance penetration and government schemes, leading to significant acquisitions and resolution cases.
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Bangladesh patients face delays in medical treatment in India, impacting hospitals and healthcare industry, as travel restrictions persist.
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Stock market investors became richer by a whopping Rs 77.66 lakh crore in 2024, helped by an overall optimistic trend in equities, where the BSE Sensex surged over 8 per cent. Analysts said the year witnessed a tug of war between the bulls and bears marked by volatility but, despite the uncertainties around the world, […]
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The Union government’s fiscal deficit has reached 52.5% of the budgetary target at the end of the first eight months of the financial year ending in March 2025.
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Indian benchmarks blazed to record highs in the first few months of 2024 but slowing corporate earnings and an exodus of foreign funds curtailed their annual gains to about 8.5%, the least among major global peers, and even pushed stocks into correction territory.
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Anthem BioScience Ltd. filed its preliminary papers with the Securities and Exchange Board of India on Tuesday to raise Rs 3,395 crore via an initial public offering. The public offer will include only an offer for sale worth Rs 3,395 crore. The equity shares are proposed to be listed on the National Stock Exchange and […]
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The Competition Commission of India on Tuesday approved the proposed the acquisition of 72.8% stake in Prataap Snacks Ltd. by Alpana Sanjay Dangi’s Authum Investment & Infrastructure Ltd. and Mahi Madhusudan Kela.
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The NSE Nifty index closed 0.11 points down at 23644.8
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ITD Cementation secures ₹1,648-crore contract for marine construction at Vadhvan Port, Maharashtra, with expertise in various infrastructure projects.
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MTNL faces Rs 32,000 crore debt, operational losses, and a 50% share price decline. The government plans to transfer its business to BSNL and monetise assets to manage risks.
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Senores Pharmaceuticals’ focus remains on broadening their US base beyond injectables and exploring product acquisitions to fuel future growth, said Swapnil Shah, managing director of Senores Pharmaceuticals, as the company made a remarkable debut on the Indian stock exchanges. The Ahmedabad-based pharmaceutical firm’s shares listed at Rs 600 on the National Stock Exchange, a premium […]
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Hyderabad-based Standard Glass includes a fresh share sale of Rs 210 crore and offer-for-sale (OFS) of up to 1,42,89,367 equity shares by promoters and existing shareholders.
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India Business News: Waaree Renewable Technologies Ltd has secured a 2 GW solar project from Sunbreeze Renewables Nine Pvt Ltd, a Jindal Renewables SPV, to be implemented
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