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DAM Capital Advisors Ltd. raised Rs 251.5 crore from anchor investors on Wednesday ahead of its initial public offering. The company allotted approximately 88.9 lakh shares at Rs 283 apiece to 33 anchor investors. Five funds, including HDFC Mutual Fund-HDFC Dividend Yield Fund and Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund, got […]
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Today’s top stories include Zomato, Asian Paints, Mumbai Ferry Accident among others.
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The NSE Nifty index closed 137.16 points down at 24198.85
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The top 10 most-valued firms lost a cumulative Rs 17,572 crore in market valuation on Wednesday, with HDFC Bank Ltd. and ICICI Bank Ltd. emerging as the biggest losers. HDFC Bank lost Rs 16,210 crore, taking its market capitalisation to Rs 13.8 lakh crore. ICICI Bank lost Rs 11,871 crore, with its market cap declining […]
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In the Nifty50 index, 17 stocks closed in the green, while 33 stocks ended in the red.
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The top 10 most-valued firms lost a cumulative Rs 17,572 crore in market valuation on Wednesday, with HDFC Bank Ltd. and ICICI Bank Ltd. emerging as the biggest losers. HDFC Bank lost Rs 16,210 crore, taking its market capitalisation to Rs 13.8 lakh crore. ICICI Bank lost Rs 11,871 crore, with its market cap declining […]
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The NSE Nifty index closed 137.16 points down at 24198.85
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In the Nifty50 index, 17 stocks closed in the green, while 33 stocks ended in the red.
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On Wednesday, benchmark equity indices traded near their day’s low at noon, ahead of the outcome of the US Federal Open Market Committee meeting due tonight. They have fallen again after recovering from a lower opening. The NSE Nifty 50 was trading 0.52% lower at 24,205.50, while the BSE Sensex was down 0.56% at 80,235.48 […]
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A total of 39,987 shares changed hands on the counter till 01:03PM (IST).
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Piramal Enterprises Ltd.’s shares are poised to reverse all gains they have made this year, as Jefferies sees a sharp decline in the scrip on margin pressure and higher credit costs. The global brokerage expects the stock to fall by 34% from the previous close of Rs 1,224.4 apiece. The counter has seen a maximum […]
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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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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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