The FinTech Hub
Source: Live Mint Food and grocery delivery giant Swiggy is set to raise ₹11,300 crore through its initial public offering (IPO), which will open for public subscription on November 6. The price band of the upcoming IPO will be priced in the range of ₹371 to ₹390 each, according to PTI report. The IPO will…
Source: Live Mint Indian FMCG stocks have emerged as the worst performers in October so far, primarily due to a combination of factors that have negatively impacted investor sentiment. The disappointing performance in the September quarter has raised concerns among analysts and investors as many leading FMCG companies reported results that fell below expectations, prompting…
Source: Live Mint Diwali 2024 Stock Picks: The Indian stock market has enjoyed a remarkable run in Samvat 2080. The Nifty 50 has gained 25 per cent since last Diwali despite headwinds such as stretched valuations, sticky inflation, geopolitical tensions and elevated interest rates. The biggest reasons for the rise of the Indian market are…
Source: Live Mint Upcoming IPO: NTPC Green Energy, a wholly owned subsidiary of NTPC, has been issued final observation by the Securities and Exchange Board of India (SEBI), allowing them to raise ₹10,000 crore through an initial public offering (IPO). The company submitted its IPO documents to SEBI on September 18, 2024. Promoted by NTPC…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today**: The Nifty index concluded trading at 24,180.8, reflecting an increase of 0.65%. Throughout the day, the Nifty reached a peak of 24,492.6 and a low of 24,134.9. The Sensex fluctuated between 80,539.81 and 79,418.82, closing at 79,402.29, which represents a…
Source: Live Mint Multibagger penny stock: Shares of Nandan Denim, one of India’s leading denim suppliers, were locked in the 5% upper circuit limit at ₹5.06 apiece in afternoon deals on Monday, October 28 after the company reported a decent set of numbers for the September 2024 quarter (Q2 FY25). The standalone revenue from operations…
Source: Live Mint Punjab National Bank (PNB) on Monday reported a net profit of ₹4,303.5 crore in the quarter ended September 2024, recording a substantial growth of 145% from ₹1,756 crore, in the year-ago quarter. PNB’s net interest income (NII), or the difference between interest earned and interest paid, in Q2FY25 increased 6% to ₹10,517…
Source: Live Mint Stock market today: Meeting the market expectations, Waaree Energies shares debuted in the Indian stock market at a whopping premium. Waaree Energies’ share price is listed on the BSE at ₹2,550 apiece, whereas, on the NSE, it opened at ₹2,500 per share mark. The newly-listed stock extended its listing gains further and…
Source: Live Mint Penny stock Mishtann Foods gained nearly 6 per cent in intra-day trading on Monday, October 28, following the company’s strong financial performance for the second quarter of FY25 (Q2FY25). The results, which highlighted substantial growth in both net profit and EBITDA, reflect Mishtann Foods’ position as a significant player in the Indian…
Source: Live Mint South Indian Bank Share Price Today on : At 28 Oct 11:06 today, South Indian Bank shares are trading at price ₹23.2, 2.97% up from the previous closing price. Sensex is trading at ₹80117.53, up by 0.9%. The stock has hit a high of ₹23.25 and a low of ₹22.45 during the…
