BUSINESS
SBI stock falls nearly 4% to 3-month low over bearish call by Goldman Sachs
Goldman Sachs expects State Bank of India (SBI) to face multiple headwinds as its Return on Assets (RoA) reaches its peak.
BUSINESS
SBI Card shares surge 5% to hit 11-month high over Goldman Sachs upgrade
Goldman Sachs has a 'Buy' call on SBI Card share with a revised price target of Rs 913 per share
BUSINESS
Baazar Style Retail shares likely to list at 15% premium over IPO price on September 6
Analysts expect a decent listing gain of around 10-15 percent against the issue price considering markets' muted mood and decent subscription demand.
BUSINESS
RIL board approves 1:1 bonus issue for shareholders
This is the fifth time the company has announced to reward shareholders with a bonus share.
BUSINESS
RIL board to consider bonus issue today: 7-point guide for shareholders ahead of announcement | Explained
This will be the fifth time the company will announce plans to reward shareholders with bonus shares.
BUSINESS
Raymond Lifestyle shares list at Rs 3,000 on BSE in IPO-less debut after demerger
Shortly after listing, the shares of Raymond lifestyle witnessed profit-taking and hit the lower circuit limit of 5 percent on both the NSE and BSE.
BUSINESS
Gala Precision Engineering IPO allotment likely today: How to check status, latest GMP and other key details
Investors who have applied for the Gala Precision Engineering IPO can check their allotment status on the official website of the registrar, Link Intime.
BUSINESS
Tea companies' shares gain as price hike likely on high procurement costs
Shares of many listed tea companies in India surged in Wednesday's trade seeing a rise in procurement costs.
BUSINESS
Baazar Style Retail IPO allotment likely today: A step-by-step guide to check your allotment status; GMP and other key details
Baazar Style Retail IPO allotment: The status can be checked on the official website of the registrar by filling in details like PAN, Application number or DP client ID.
BUSINESS
ECOS Mobility shares expected to list at 45% premium over IPO price on September 4
Strong market demand for the ECOS Mobility IPO, as reflected in the subscription rate and GMP, suggests potential for a positive listing.
BUSINESS
Premier Energies share price ends 15% lower from listing price after doubling IPO money
Premier Energies share price jumped to an intraday high of Rs 993.45 on its stock exchange debut, against the IPO issue price of Rs 450.
BUSINESS
Baazar Style Retail IPO GMP today: Issue subscribed 40.66x on Day 3; check allotment, listing date and other key details
The shares of the mainboard issue will be listed on September 6.
BUSINESS
Upcoming IPOs in September 2024: Markets to remain abuzz with new issues set to hit D-Street
The action-packed month will see much-awaited Rs 6,500-crore mega Bajaj Housing Finance IPO and Shree Tirupati Balajee Agro Trading Company IPO, among others.
BUSINESS
PSU defence stocks Mazagon Dock, Cochin Shipyard fall nearly 30% in 1 month amid profit booking; how should you trade?
Mazagon Dock Shipbuilders was no different to the larger profit booking in the pack, with stock slipping 17.52 percent in the last one month over profit booking by the investors.
BUSINESS
Bajaj Finance, Bajaj Finserv stocks gain up to 5% as Bajaj Housing Finance sets mega-IPO date
Bajaj Housing Finance IPO, which will open on 9 September and close on 11 September, is being carried out to comply with the Reserve Bank of India's guidelines.
BUSINESS
Maruti Suzuki announces price cut for select variants of Alto K10, S-Presso, shares gain
The stock gained shortly after the price cut update and was trading at Rs 12,441.45 per share on the NSE, up 0.31 percent.
BUSINESS
Bajaj Auto share price zooms 2.3% to 52-week high after robust August Auto sales
Bajaj Auto rose to fresh peak after reporting 6 percent rise in sales of two-wheels and commercial vehicles in August 2024.
BUSINESS
Garden Reach Shipbuilders shares zoom as company signs MoU with NHIDCL
The latest agreement will enhance connectivity in critical forward areas along India's borders, facilitating seamless troop and equipment deployment.
BUSINESS
RIL board to consider 1:1 bonus shares on Sept 5, here's how shareholders have been rewarded since 1983
The bonus issue will be the first since 2017, when the oil-to-chemicals conglomerate issued bonus shares at a 1:1 ratio.
BUSINESS
Resourceful Automobile shares hit 5% upper circuit after flat listing; investors make Rs 7,000 profit per lot
The Rs 12-crore initial public offering of the Delhi-based company, with just two outlets and a workforce of eight employees, made headlines by receiving bids worth close to Rs 4,800 crore
BUSINESS
Tata Investment shares zoom 25% in 2 sessions to 5-month high amid buzz over debt repayment by Tata Sons
A report said that after significantly reducing its promoter risk profile through debt repayment, Tata Sons is no longer required to list its shares
BUSINESS
NBCC board to consider issue of bonus shares on August 31
The state-owned construction firm NBCC Ltd has delivered multi-bagger returns to its shareholders tracking the broader rally in the PSU segment
BUSINESS
India's energy stocks deliver in 2024 as investors seek earnings growth amid global jitters
A Bloomberg index of world’s 124 mid- to large-sized energy companies has risen by 4.7% so far this year, and half of the top 10 performers are Indian energy companies.
BUSINESS
Resourceful Auto SME IPO: Investors mystified over bumper subscription for firm with '2 Yamaha showrooms, 8 employees'
According to multiple websites that track the grey market premium activities, the shares of Resourceful Automobile were commanding a premium of up to 70 percent in the unlisted market.
