BUSINESS
Kaynes Tech shares tumble 12%, sell-off wipes out nearly Rs 10,000 crore from m-cap in three days
Kaynes Tech share price: In its note, Kotak Institutional Equities said that it has identified multiple mismatches between the disclosures made by Kaynes Tech, Kaynes Electronics Manufacturing, and its subsidiary Iskraemeco for FY25.
BUSINESS
SpiceJet shares fly up to 14% amid IndiGo's mass flight cancellations: Here's why
SpiceJet share price: SpiceJet shares have now gained more than 17 percent in just two sessions. This comes as the domestic airline plans to increase its operational fleet.
BUSINESS
Lenskart shares fall 3% as one-month lock-in period ends: Here's how newly-listed stock performed since listing
Lenskart share price: The stock has made only marginal gains over its IPO price in the first one month since listing.
BUSINESS
Corona Remedies IPO subscribed 27% on Day 1 so far, retail portion booked 41%; check latest GMP
Corona Remedies IPO GMP: Corona Remedies launched its IPO today to raise more than Rs 655 crore entirely through an offer for sale (OFS) of shares with no fresh issue component.
BUSINESS
Wakefit IPO subscribed 15% on Day 1, GMP tumbles to 3%: Should you apply?
Wakefit IPO GMP: The shares of the company may become attractive to investors with a long-term thesis on consumption growth instead of a short-term listing pop play, an analyst said.
BUSINESS
IndiGo shares tumble 10%: Brokerages see costs rising for airline as FDTL norms trigger mass flight cancellations
IndiGo share price: IndiGo's long-term growth outlook however remains robust, supported by its international expansion, UBS said.
BUSINESS
Vidya Wires IPO allotment today: How to check status on registrar, BSE and NSE; see latest GMP
Vidya Wires IPO allotment today: Ahead of listing, the unlisted shares of the company were trading with nearly 8% GMP over the IPO price.
BUSINESS
Weak listing: Astron Multigrain shares list at 20% discount to SME IPO price
Astron Multigrain share price: Ahead of listing, the unlisted shares of the company were trading flat at the IPO price of Rs 63 per share, with zero GMP, according to data on IPO Watch.
BUSINESS
Strong market debut: Ravelcare shares list at 55% premium to SME IPO price
Ravelcare share price: The listing premium is slightly higher than the grey market estimates.
BUSINESS
JSW Steel shares rise 2% in two days: Brokerages remain bullish after firm's JV with Japan's JFE Steel
JSW Steel share price: JFE Steel on December 3 had announced that it will form 50:50 joint venture with JSW Steel for transfer of Bhushan Power & Steel integrated steel facility.
BUSINESS
HCC shares fall 9% after adjusting to Rs 1,000-crore rights issue: What it means for shareholders
HCC share price: The rights issue will open on December 12, and will close on December 22.
BUSINESS
CAMS shares adjust to 1:5 stock split: Here's why you should ignore the 80% plunge
CAMS stock split: CAMS had announced in October that its board of directors has considered and approved a stock split in the ratio of 1:5.
BUSINESS
IT shares rise for 3rd day on rising US rate cut hopes; HCLTech, Mphasis lead gains
IT stocks: Federal Reserve is now expected to reduce its key interest rate by a quarter-percentage point during its FOMC meeting scheduled from December 9-10.
BUSINESS
IndiGo shares pares losses as DGCA allows partial relief on pilot duty rules
IndiGo share price: DGCA has withdrawn a rule than barred airlines from substituting weekly rest with leave, after IndiGo's massive flight cancellations.
BUSINESS
IndiGo shares fall up to 3%, extend losses as airline's massive cancellations continue: What lies ahead?
IndiGo share price: IndiGo has cancelled all domestic flights departing from Delhi until midnight. The total number of cancellations in recent days has now crossed 1,000.
BUSINESS
Vidya Wires IPO subscribed nearly 27x on Day 3, GMP falls ahead of listing
Vidya Wires IPO GMP: Vidya Wires launched its IPO earlier this week to raise over Rs 300 crore at a price band of Rs 48-52 per share.
BUSINESS
Aequs IPO closes with 102x subscription on Day 3; GMP signals strong listing
Aequs IPO GMP: The Rs 922-crore IPO received bids for over 427 crore shares, as against the offer size of 4.20 crore shares.
BUSINESS
SKF India (Industrial) shares list at 3% discount after demerger
SKF India (Industrial) share price: Earlier in 2024, SKF India's board had approved a plan to demerge its automotive business from its industrial segment. The demerger became effective on October 1.
BUSINESS
Hindustan Unilever falls up to 7% as stock adjusts for Kwality Wall's ice-cream business spin-off
HUL demerger: Listing of the demerged Kwality Wall's India shares will be undertaken in due course of time.
BUSINESS
Cement prices unlikely to recover until Q4, says brokerage; names UltraTech, Ambuja as its top picks
Cement stocks: Pan-India cement prices have dropped month-on-month in November, Systematix said, adding that a rebound is expected to be seen only from January 2026 onwards.
BUSINESS
Biocon shares tumble 6% on firm's proposed investment in biosimilar unit: Here's the likely reason
Biocon share price: The shares of the pharma company fell to a near three-week low on Thursday.
BUSINESS
Rupee undervaluation could draw foreign investors back to Indian stock markets, say two brokerages: Here's why
Analysts expect the underperformance of rupee to continue in the near term, especially if crude oil prices stay elevated and foreign investors remain risk-averse.
BUSINESS
IndusInd Bank shares rise 3% on report of talks to bring in strategic partner; lender clarifies
Ashok Hinduja told The Economic Times that IndusInd International Holdings (IIHL) is looking for a strategic partner with global expertise who wants to come in as a minority investor in IndusInd Bank.
BUSINESS
Vidya Wires IPO subscribed 8x on Day 2, GMP rises; should you apply?
Vidya Wires IPO GMP: Vidya Wires launched its IPO to raise over Rs 300 crore at a price band of Rs 48-52 per share
