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IndiGo share price: DGCA has withdrawn a rule than barred airlines from substituting weekly rest with leave, after IndiGo's massive flight cancellations.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
BUSINESS
Meesho IPO subscribed 8x on Day 2, retail portion booked 9x as GMP signals strong listing; should you apply?
Meesho IPO GMP: While the GMP has slightly fallen recently, it still indicates a strong listing for the e-commerce platform.
BUSINESS
Putin to visit India today: Defence stocks in green; analysts say HAL, BDL, BEL likely to benefit
'Putin's trip is anticipated to speed up defence agreements centered around air defense systems, fighter aircraft, and missile technologies,' an analyst said.
BUSINESS
Petronet LNG shares gain 4% after firm inks 15-year deal with ONGC for ethane facilities
Petronet LNG share price: Nomura sees this announcement as a positive development. The international brokerage kept a 'Buy' call on the stock, with a target price implying an upside potential of nearly 34%.
BUSINESS
IndiGo shares fall 3% as DGCA launches probe into airline's massive flight cancellations
IndiGo share price: The shares dropped to Rs 5,405 apiece in the morning, the lowest level seen by the stock in more than five months.
BUSINESS
Citi sees up to 17% upside for Reliance Industries stock; bank cites these triggers
RIL share price: Citi attributed its bullish call in part to a higher valuation for the telecom unit Jio, raising its implied enterprise value to $145 billion from $135 billion.
BUSINESS
Chalet Hotels shares jump 4% after company launches luxury hotels brand 'Athiva'
Chalet Hotels share price: Chalet Hotels shares have fallen more than 5% in the past one month, and around 1% in the past six months.
BUSINESS
Tata Communications shares jump 3% on positive brokerage note after subsidiary buys 51% stake in AI platform
Tata Communications share price: Macquarie kept a ‘Buy’ call on the stock, with a target price of Rs 2,210 per share. This implies an upside potential of nearly 20% from the stock’s previous closing price.
BUSINESS
Vodafone Idea stock gains for 2nd day on Scindia's comments about AGR relief; Citi sees Indus Towers as beneficiary
The government is awaiting a formal request from Vodafone Idea before going forward with any relief measures, Union Telecom Minister Jyotiraditya Scindia said on Monday.
