The FinTech Hub
Source: Live Mint Hyundai Motor India is expected to launch its ₹25,000-crore initial public offering (IPO) on October 14, PTI reported on Thursday. Hyundai’s proposed ₹25,000-crore IPO will become the largest in India, surpassing Life Insurance Corporation’s (LIC) public offering of ₹21,000 crore. The Indian arm of the South Korean automaker proposed an offer-for-sale (OFS)…
Source: Live Mint The share allocation for HVAX Technologies Ltd’s initial public offering (IPO) is set to be finalized today, October 3. The NSE SME issue experienced strong demand, attracting bids for more than 1.67 crore shares, while only 4.87 lakh shares were on offer. HVAX Technologies shares will be listed on National Stock Exchange…
Source: Live Mint Pharma company Amanta Healthcare has filed its draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise funds through initial public offering (IPO). The issue size will be of up to 1,25,00,000 equity shares with a face value of ₹10 each, all of which will…
Source: Live Mint The Indian equity markets have experienced a recent pullback following a record-breaking rally. In a recent note, analysts at Kotak Institutional Equities highlighted that investors seem to be overlooking concerns about high valuations. They believe that the pursuit of returns has outweighed the fear of risks, whether apparent or hidden. The brokerage…
Source: Live Mint Stock Market Today: The benchmark Nifty 50 index gained 14.91% during the April-September 2024 period or the first half of FY25. Against this backdrop, five key indices emerged as underperformers during the period. These include Nifty Oil & Gas, Nifty Energy, Nifty Private Bank, Nifty Bank and Nifty PSU Bank indices. While…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty Index closed at 25,796.9, reflecting a decline of 2.12%. During the trading session, the Nifty reached a high of 25,639.45 and a low of 25,230.3. Meanwhile, the Sensex traded within a range of 83,752.81 to 82,434.02, ultimately closing 2.1%…
Source: Live Mint The Indian stock market crashed on Thursday, 3 October, with benchmark indices Sensex and Nifty 50 witnessing sharp declines of over 2 per cent each, driven by escalating geopolitical tensions in the Middle East and weak global cues. The broader markets followed suit, with Nifty Midcap and Nifty Smallcap indices tumbling more…
Source: Live Mint For ayurveda-based consumer goods giant Dabur India Ltd, the just-concluded September quarter was a washout. While demand saw some improvement, adverse weather conditions, including heavy rainfall and floods, hurt out-of-home consumption, especially for beverages, Dabur said in a business update. In reaction, the stock fell by nearly 7% in afternoon trade on…
Source: Live Mint ITD Cementation share price jumped 20% to hit the upper circuit on Thursday after the company won a new contract for a commercial building in Uttar Pradesh. The multibagger small-cap stock, ITD Cementation shares hit 20% upper circuit to touch a 52-week high of ₹644.40 apiece on the BSE. ITD Cementation India…
Source: Live Mint Thinking Hats Entertainment Solutions made a healthy market debut today, October 03, as its shares were listed at ₹60 each on NSE SME, indicating a premium of 36.4% over the issue price of ₹44. The SME IPO, valued at ₹15.09 crore, was open for subscription from September 25 to September 27, 2024,…
