BUSINESS
Taking Stock: Sensex, Nifty rebound after 3-day decline; bank, metal stocks lead recovery
Axis Bank, Wipro, Eicher Motors, ICICI Bank and Shriram Finance were among the top gainers in the Nifty 50 pack. Axis bank settled 5.75 percent higher at Rs 1,196.95 per share on the NSE.
BUSINESS
Waaree Energies IPO GMP indicates 85% listing gains: Should you apply? Here's what analysts say
Waaree Energies IPO GMP has surged to 85%, indicating the market's positive outlook on the company's potential growth and value appreciation as investors are willing to pay a significant premium over the IPO's issue price.
BUSINESS
Mazagon Dock shares jump 8% as board to consider stock split, dividend on Oct 22
The current face value of each stock of Mazagon Dock is Rs 10 and it will also be the first stock split in the company's history.
BUSINESS
Hyundai IPO: Shares likely to be allotted today after 2.37x subscription; here's how to check status online
Hyundai Motor India IPO concluded with a healthy subscription of 2.37 times even as the broader market faltered amid a market volatility and a weakened outlook for the auto sector.
BUSINESS
Recently-listed Manba Finance shares hit fresh all-time high despite market fall
Shares of Manba Finance Limited debuted on September 30 after listing at Rs 150, commanding a premium of 25 percent over the issue price of Rs 120 on the BSE.
BUSINESS
Hyundai IPO subscribed 2.37x on last day of sale; QIBs lead with 7 times subscription
The maiden share sale by the Indian arm of South Korean automaker Hyundai is the largest IPO in the country, surpassing LIC's initial share sale of Rs 21,000 crore.
BUSINESS
L&T Tech Q2 net profit rises 2% QoQ, firm declares interim dividend of Rs 17 per share
The total revenue was reported at Rs 3,572.9 crore in the reporting period, up 4.5 percent from a year ago period.
BUSINESS
Hyundai India IPO subscribed 42% on Day 2, retail portion booked 38%; GMP continues to decline
Hyundai India shares will be listed on both NSE and BSE on October 22 while shares will be allotted to successful bidders on October 18.
BUSINESS
Waaree Energies IPO GMP soars over 85% as company fixes price band
With its focus on solar energy, the company plays a vital role in promoting clean energy and reducing carbon footprints, aligning with global trends towards sustainable development.
BUSINESS
Hyundai India IPO's grey market premium settles down to 3% a day before issue opening: Should you subscribe?
Hyundai IPO grey market premium (GMP) has dropped significantly ahead of the public launch on October 15. However, analysts believe it to deliver healthy double-digit portfolio returns over medium to long term.
BUSINESS
Bank Nifty falls over 500 points after NSE chooses Nifty for weekly expiry
Bank Nifty ended 0.7 percent or 358.60 points lower in Friday's trade to settle at 51,172.30.
BUSINESS
Trent, Tata Chemicals, Tata Investment Corp rise over 3% on Noel Tata's appointment as new Tata Trusts chairman
Noel is on the boards of several listed Tata firms, including Tata Steel Ltd. and Voltas Ltd.
BUSINESS
Hyundai India vs Maruti Suzuki: What investors can expect from mega IPO – A look at valuations, dividends and key financials
Hyundai Motor India distributed a special dividend of Rs 13,270 per share, amounting to a total payout of Rs 10,782.42 crore during FY24.
BUSINESS
IREDA Q2 net profit surges nearly 36% to Rs 388 crore YoY
The total income increased to Rs 1,630.38 crore in the reporting period from Rs 1176.96 crore a year ago.
BUSINESS
Tata Sons to earn nearly Rs 2,600-crore income as TCS announces 2nd interim dividend for FY25
Tata Sons held 71.74 percent of the IT bellwether at the end of June 2024 quarter, showed exchange data
BUSINESS
Lupin, Cipla, other pharma stocks fall up to 7% amid profit booking
The Nifty Pharma index has so far this year gained 54.42 percent while the benchmark Nifty advanced 26.94 percent in the same period.
BUSINESS
Hyundai Motor India IPO GMP crashes 75% in 2 weeks as automaker announces details of mega public issue
Hyundai Motor India IPO will be the first public issue by an automobile company in India in over two decades, following Maruti Suzuki's listing in 2003. The Rs 28,000-crore IPO is entirely a sale of existing shares, with no fresh issue.
BUSINESS
Easy Trip Planners board to consider bonus issue of shares on Oct 14, shares gain
The company had last declared bonus issue in the ratio 3:1 in November 2022.
BUSINESS
PFC, BEL, other PSU shares gain amid BJP's likely historic win in Haryana; Nifty PSE index up 2%
Policy continuity has played a key role in boosting investor sentiment, as the BJP reversed many of the setbacks it faced in the Lok Sabha election results a few months ago. Furthermore, the party has emerged as the single largest national party in Jammu & Kashmir.
BUSINESS
Likely BJP win in Haryana, Hang Seng crash, and more: Five factors behind today's rise in Sensex, Nifty
High weightage financial stocks rose as investors await RBI's policy decision on Wednesday
BUSINESS
Bajaj Housing Finance share price recovers 8% today but stock still trading below IPO price
he shares of the company debuted on the exchanges at Rs 150 on both BSE and NSE against an issue price of Rs 70.
BUSINESS
Shakti Pumps board recommends 1:5 bonus issue; shares slip 5%
The record date, which determines the eligibility of shareholders for the bonus shares, has not been fixed yet. The company noted that it would inform the exchanges about the record date "in due course of time."
BUSINESS
CEAT, MRF, other tyre stocks in focus as Kotak Equities says uptick in natural rubber prices to impact tyremakers
International natural rubber prices have witnessed sharp uptick of nearly 28 percent over the past two months on concerns around global natural rubber supply shortage.
BUSINESS
HDFC Bank shares rise amid likely MSCI-related inflows worth $1.8 bn in November
At the close of the June quarter, Foreign Portfolio Investors (FPIs) held 44.56 percent of HDFC Bank.
