Ratnaveer Precision Engineering had a stellar debut on the stock exchanges, with a premium of 30.61% over its issue price of Rs 98 per share. The stock started trading at Rs 128 on BSE and Rs 123.20 on NSE on September 11. This strong listing is driven by high registration numbers as well as bullish …
Rishabh Instruments was listed on the stock exchange at a premium of 4.3% on September 11. The stock started trading at Rs 460.05 on NSE and Rs 460 on BSE, while the issue price Its 441 Rs. Meanwhile, black market premiums showed a 12% increase in listings. Energy saving solutions company focusing on electrical automation, …
Rishabh Instruments lists at Rs 460, only 4% premium to issue price Read More »
Momentum in the primary market is expected to pick up in the week commencing September 11, with six companies set to raise over Rs 4,000 crore from the public and five companies about to list. Motherboard IPO Wire and cable products company RR Kabel will be the first initial public offering in the motherboard segment, …
Busy week for primary market with 6 IPOs, 5 listings ready to hit the Street Read More »
FinTech-SaaS company Zaggle Ocean Services has decided to launch a public offering on September 14, with a probable capital raising plan of around Rs 563 crore. The initial public offering includes a fresh issue of shares worth Rs 392 crore by the company and an offer for sale of 1,04,49,816 shares by eight selling shareholders, …
Zaggle Prepaid Ocean Services IPO opens on September 14 Read More »
Shares of PB Fintech, the parent company of Policybazaar, were trading 3% higher on the afternoon of September 8 after reports indicated that the company is looking to enter the electronics manufacturing, insurance, Enhance the position of the general insurance value chain. PB Fintech will start in the business-to-business sector, focusing on reinsurance, CNBC-TV8 reported, …
PB Fintech jumps 3% on plans to offer insurance products Read More »
Promoter VRL Logistics Ltd on Friday sold 4% stake in the transport and logistics company for Rs 238 crore through an open market transaction. After the stake sale, shares of VRL Logistics fell 0.50 per cent to close at Rs 706.75 per share on the BSE. According to aggregated trading data available with BSE, Anand …
VRL Logistics promoter pares 4% stake for Rs 238 crore Read More »
Engineering group Larsen & Toubro’s market capitalization hit 9 after its share price rose after it won a contract for Saudi Aramco’s Jafra unconventional gas development project, which is believed to be worth nearly $4 billion. It surpassed 4 million rupees on the 7th of the month. Other companies with a market capitalization over INR …
August saw a surge in new investors opening demat accounts, even as benchmark indices fell. August saw the highest number of new entrants in the last 19 months. A total of more than 3.1 million Demat accounts were opened in August, compared with 29.7 million new accounts a month ago and 21 million for the …
Shares of Larsen & Toubro opened about 1% higher on September 7 after reports that the Indian infrastructure company is likely to win $2.9 billion worth of orders ( approximately Rs 24,000 crore) from Saudi Aramco’s unique onshore gas development project Jafurah. Saudi Aramco has planned the $110 billion Jafurah gas project in the Eastern …
L&T gains on reports of likely Rs 24,000-crore order from Saudi Aramco Read More »
Banking, financial and some infrastructure stocks were analysts’ favorites in August due to strong credit growth, solid asset quality and a healthy investment cycle. strength has boosted their attractiveness. Banking and financial services were the star of the first-quarter earnings season, and that optimism was reflected in Moneycontrol’s Analytical Call Tracker for the month of …
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