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Vishal Mega Mart’s ₹8,000 crore IPO oversubscribed 27 times, expected to list with ₹18-20 premium, targeting middle-income consumers.
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The multibagger stock fell 1.38% to Rs 192.60 on Tuesday against the previous close of Rs 195.30 on BSE. Market cap of Inox Wind slipped to Rs 26,111 crore on BSE.
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Sai Life Sciences IPO priced at ₹549, oversubscribed 10.3 times, with modest listing expectations and strong anchor investor support.
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We recently published a list of Billionaire Daniel Sundheim’s Top 15 Stock Picks Heading Into 2025.
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Listed gaming major Nazara Technologies has appointed strategic M&A consultant Arun Gupta as an additional director on its board.
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STEINHAUSEN, Switzerland, Dec. 17, 2024 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) (‘Transocean”) today announced that a four-well option was exercised for the Dhirubhai Deepwater KG1 with Reliance Industries Limited in India. The estimated 270-day program is expected to commence in direct continuation of the rig’s firm term with Reliance and contribute approximately $111 million in […]
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Stellantis India on Tuesday said that it plans to hike prices of certain models of Jeep and Citroen by up to 2% from January. Even as Stellantis India’s Managing Director and Chief Executive Officer Shailesh Hazela said that “the price revision is necessitated by increasing input costs and exchange rates”, he added that “we stand […]
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The decision was influenced by concerns raised by proxy advisory firms about transparency and potential erosion of shareholder value.
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Stellantis India on Tuesday said that it plans to hike prices of certain models of Jeep and Citroen by up to 2% from January. Even as Stellantis India’s Managing Director and Chief Executive Officer Shailesh Hazela said that “the price revision is necessitated by increasing input costs and exchange rates”, he added that “we stand […]
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The decision was influenced by concerns raised by proxy advisory firms about transparency and potential erosion of shareholder value.
Read more
Stellantis India on Tuesday said that it plans to hike prices of certain models of Jeep and Citroen by up to 2% from January. Even as Stellantis India’s Managing Director and Chief Executive Officer Shailesh Hazela said that “the price revision is necessitated by increasing input costs and exchange rates”, he added that “we stand […]
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The decision was influenced by concerns raised by proxy advisory firms about transparency and potential erosion of shareholder value.
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Embassy Office Parks REIT raised Rs 1,000 crore through a 5-year NCD issuance at 7.73% interest. The funds will be used to refinance existing debt, saving around 70 bps in interest costs. The bond issuance attracted strong participation from institutional investors, reflecting confidence in Embassy REIT’s credit profile.
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Indian benchmark equity indices fell on Tuesday, dragged down by financials and Reliance Industries, while investors braced for the Federal Reserve’s monetary policy meeting that will shed more light on the central bank’s future rate cut path. However, as per data available on StockEdge, four banking stocks outperformed the Nifty Bank index on both a […]
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Asian Energy Services gains 3.24% on BSE after winning ₹200 crore contract from Assam Gas Company Limited.
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Embassy Office Parks REIT raised Rs 1,000 crore through a 5-year NCD issuance at 7.73% interest. The funds will be used to refinance existing debt, saving around 70 bps in interest costs. The bond issuance attracted strong participation from institutional investors, reflecting confidence in Embassy REIT’s credit profile.
Read more
Indian benchmark equity indices fell on Tuesday, dragged down by financials and Reliance Industries, while investors braced for the Federal Reserve’s monetary policy meeting that will shed more light on the central bank’s future rate cut path. However, as per data available on StockEdge, four banking stocks outperformed the Nifty Bank index on both a […]
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Asian Energy Services gains 3.24% on BSE after winning ₹200 crore contract from Assam Gas Company Limited.
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In the Nifty 50 index, 8 stocks were trading in the green, while 42 stocks were trading in the red.
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Cipla Ltd.’s share price rose to become the top gainer on the NSE Nifty 50 index on Tuesday after Kotak Securities upgraded the stock rating to ‘buy’ from ‘add’. The brokerage expects recovery in the domestic market, and healthy growth in the South African market. However, Kotak Securities reduced the target price to Rs 1,725 […]
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The 30-share BSE Sensex was down 701.11 points at 81047.46
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Cipla Ltd.’s share price rose to become the top gainer on the NSE Nifty 50 index on Tuesday after Kotak Securities upgraded the stock rating to ‘buy’ from ‘add’. The brokerage expects recovery in the domestic market, and healthy growth in the South African market. However, Kotak Securities reduced the target price to Rs 1,725 […]
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