Market update

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IndiQube Spaces Files For Rs 850-Crore IPO

IndiQube Spaces Ltd. filed its preliminary papers with capital markets regulator SEBI on Tuesday to raise up to Rs 850 crore via an initial public offering. The public offer will include an offer for sale of up to Rs 100 crore and fresh issue worth Rs 750 crore. Rishi Das and Meghna Agarwal are the […]

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December, 25 2024 01:30 AM

NFRA penalises Deloitte for alleged lapses in ZEEL audit, debars two partners

NFRA has alleged in its order that despite the materiality of the transaction, which required rigorous examination, Deloitte issued unmodified audit opinions for both financial years.

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December, 24 2024 22:30 PM

IndiQube Spaces Files For Rs 850-Crore IPO

IndiQube Spaces Ltd. filed its preliminary papers with capital markets regulator SEBI on Tuesday to raise up to Rs 850 crore via an initial public offering. The public offer will include an offer for sale of up to Rs 100 crore and fresh issue worth Rs 750 crore. Rishi Das and Meghna Agarwal are the […]

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December, 24 2024 22:30 PM

Mumbai Metro One lenders in talks to sell Rs 1,226-crore debt to NARCL

Lenders to Mumbai Metro One are close to selling their ₹1,226 crore debt to NARCL for ₹1,063 crore, including 15% cash. The government-backed bad bank may restructure the debt while recovering loans is under government guarantee. SBI and IDBI Bank had petitioned for insolvency previously.

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December, 24 2024 22:30 PM

Manorama Industries Promoters Offload Stake Worth Rs 200 Crore

Manorama Industries Ltd. promoters Vinita Ashish Saraf, Shrey Ashish Saraf and Agastya Saraf along with shareholder Ritu Saraf have offloaded stake worth Rs 200 crore through open market transactions on Tuesday. On the other hand, fund houses like LIC Mutual Fund, Bank of India Mutual Fund and Aditya Birla Sun Life Mutual Fund bought shares […]

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December, 24 2024 19:30 PM

IndiQube Spaces files for IPO to raise Rs 850 crore

Founded in 2015, the Bengaluru-based company, founded in 2015, plans to raise Rs 750 crore through a fresh issue of equity shares and Rs 100 crore via an offer for sale (OFS) by its promoter-selling shareholders

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December, 24 2024 19:30 PM

UltraTech Cement Gets Rs 36-Crore Tax Demand From Ujjain GST Authority

UltraTech Cement Ltd. received a demand order of about Rs 36 crore from the Ujjain tax authority. The order was passed by the additional commissioner of CGST and central excise in Ujjain, demanding a goods and services tax of Rs 17 crore in taxes, and another Rs 17 crore in interest and penalty, according to […]

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December, 24 2024 19:30 PM

10 Most-Valued Firms Lose Nearly Rs 5,000 Crore In Market Cap, Led By SBI, Infosys

The top 10 most-valued firms lost a cumulative Rs 4,986 crore in market valuation on Tuesday, with State Bank of India and Infosys Ltd. emerging as the biggest losers. SBI witnessed the steepest decline among the top 10 most valued firms, with a loss of Rs 8,121 crore, bringing its market capitalisation down to Rs […]

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December, 24 2024 16:30 PM

Medical devices maker Poly Medicure to focus on exports amid geopolitical shift

Apart from geopolitical shifts as countries look to move supply chains away from China, India’s medtech industry can leverage the country’s cost advantage – a lower cost of manufacturing, software and hardware talent as well as a growing electronics ecosystem – to boost exports, Himanshu Baid said.

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December, 24 2024 16:30 PM

10 Most-Valued Firms Lose Nearly Rs 5,000 Crore In Market Cap, Led By SBI, Infosys

The top 10 most-valued firms lost a cumulative Rs 4,986 crore in market valuation on Tuesday, with State Bank of India and Infosys Ltd. emerging as the biggest losers. SBI witnessed the steepest decline among the top 10 most valued firms, with a loss of Rs 8,121 crore, bringing its market capitalisation down to Rs […]

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December, 24 2024 16:30 PM

BPCL to set up refinery-cum-petrochemical complex in Andhra Pradesh

BPCL approves greenfield refinery in Andhra Pradesh, emerges as lowest bidder for solar power projects, advancing renewable energy initiatives.

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December, 24 2024 16:30 PM

BPCL to set up refinery-cum-petrochemical complex in Andhra Pradesh

BPCL approves greenfield refinery in Andhra Pradesh, emerges as lowest bidder for solar power projects, advancing renewable energy initiatives.

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December, 24 2024 16:30 PM

Medical devices maker Poly Medicure to focus on exports amid geopolitical shift

Apart from geopolitical shifts as countries look to move supply chains away from China, India’s medtech industry can leverage the country’s cost advantage – a lower cost of manufacturing, software and hardware talent as well as a growing electronics ecosystem – to boost exports, Himanshu Baid said.

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December, 24 2024 16:30 PM

Tech View: Nifty chart shows bearish RSI crossover. What should traders do on Thursday?

Sensex and Nifty ended with minor declines on Tuesday, pressured by IT and bank stocks. The Sensex fell 0.09% to 78,472.87, while Nifty dropped 0.11% to 23,727.65. Nifty breached the critical 200-DMA support, indicating further downside potential. Analysts highlight the negative crossover on the momentum indicator and a weak advance-decline ratio, signaling bearish sentiment.

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December, 24 2024 13:30 PM

10 Most-Valued Firms Lose Nearly Rs 5,000 Crore In Market Cap, Led By SBI, Infosys

The top 10 most-valued firms lost a cumulative Rs 4,986 crore in market valuation on Tuesday, with State Bank of India and Infosys Ltd. emerging as the biggest losers. SBI witnessed the steepest decline among the top 10 most valued firms, with a loss of Rs 8,121 crore, bringing its market capitalisation down to Rs […]

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December, 24 2024 13:30 PM

BPCL to set up refinery-cum-petrochemical complex in Andhra Pradesh

BPCL approves greenfield refinery in Andhra Pradesh, emerges as lowest bidder for solar power projects, advancing renewable energy initiatives.

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December, 24 2024 13:30 PM

MTNL approves Voluntary Retirement Scheme, eyes lower employee costs

MTNL board approves VRS for employees aged 45+, aiming to cut costs and improve operational efficiency.

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December, 24 2024 10:30 AM

Gulf Oil Lubricants’ stock jumps 4% after partnering with Nayara Energy

Gulf Oil Lubricants India Ltd partners with Nayara Energy to expand market reach, shares surge on BSE.

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December, 24 2024 10:30 AM

Zaggle Raises INR 595 Cr Via QIP, Shares Up 4% Intraday

Fintech SaaS company Zaggle’s shares surged as much as 4.02% intraday at INR 551.55 on BSE today (December 24)

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December, 24 2024 10:30 AM

Indices: Stock market update: Nifty Bank index 0.12% in an upbeat market

The Nifty Bank index was trading 0.12 per cent at 51255.40.

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December, 24 2024 07:30 AM

Ashok Leyland Share Price: Ashok Leyland shares 0.91% as Nifty gains

The stock quoted a 52-week high price of Rs 264.70 and low of Rs 157.65.

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December, 24 2024 07:30 AM

L&T shares rise after securing major Indian army order for K9 vajra-T artillery systems

L&T secures Indian Army contract for K9 Vajra-T artillery platforms, showcasing precision engineering capabilities and Aatmanirbhar Bharat commitment.

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December, 24 2024 07:30 AM

Stocks in news: Whirlpool of India, Dr Reddy’s, TVS Motor, Bharat Forge, HG Infra & Ramky Infra

Stocks including Whirlpool of India, Dr Reddy’s Labs, TVS Motor, Bharat Forge, HG Infra, Ramky Infra, Allcargo Gati and more will be in the spotlight on Tuesday, December 24.

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December, 24 2024 04:30 AM

Multibagger stock to trade ex-bonus on Thursday. Last chance to buy

Evans Electric is set to issue 1:1 bonus shares with a record date of December 26, 2024. This is the second bonus share issuance by the company, previously issued in 2023. To be eligible, investors must buy the stock before the ex-date. The stock has shown significant returns over the past year.

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December, 24 2024 04:30 AM

Zomato, Trent, Bharat Electronics: How to trade these 3 buzzing stocks

An analyst from Anand Rathi said that BEL has shown a shift in momentum by forming a structure of higher highs and higher lows after a consolidation phase of nearly three months, indicating a reversal.

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December, 24 2024 04:30 AM
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