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Source: Live Mint The allotment for Sahasra Electronics IPO is expected to be finalised today. Investors can check their allotment status through the registrar, Bigshare Services, or on the NSE website. The IPO, which was open for subscription from September 26 to September 30, saw a healthy response from investors, being oversubscribed by 122 times….
Source: Live Mint The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to an eight-month low of 56.5 in September from 57.5 in August. A reading of 50 separates expansion from contraction. With manufacturing growth softening throughout the September quarter, the average PMI reading slipped to its lowest since the December quarter, said…
Source: Live Mint Bharat Forge Ltd’s growth engine appears to be chugging along, though not without a few bumps. While its defence business is on a good footing, the auto segments, particularly overseas, are fighting an uphill battle. Bharat Forge’s defence segment has an impressive order backlog of ₹5,400 crore in exports, offering earnings visibility…
Source: Live Mint Hazoor Multi Projects share price jumped 5% on Tuesday after the company’s board approved the allotment of equity shares on conversion of warrants. Hazoor Multi Projects shares rallied as much as 5% to the to hit an upper circuit at ₹580.90 apiece on the BSE. Volumes in Hazoor Multi Projects stock also…
Source: Live Mint Upcoming IPOs in 2024: Kolkata-based Rahee Infratech filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) with the market regulator Securities and Exchange Board of India (SEBI) on September 30. The public offer is a combination of fresh issue of shares and an offer for sale (OFS) by…
Source: Live Mint Upcoming IPO: Vikram Solar Ltd and Midwest Ltd has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). India’s top producer of solar photovoltaic modules is Vikram Solar Limited, situated near Kolkata. When the DRHP was…
Source: Live Mint Tata Power Share Price Today on : At 01 Oct 11:17 today, Tata Power shares are trading at price ₹484, 0.27% up from the previous closing price. Sensex is trading at ₹84159.84, down by -0.17%. The stock has hit a high of ₹491.25 and a low of ₹483.5 during the day. On…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a minor decrease on Tuesday. The price of 24 carat gold is Rs.7740.3 per gram, reflecting a decline of Rs.160.0. The price of 22 carat gold is Rs.7096.3 per gram, which is down by Rs.150.0. The price change in 24 carat gold over the…
Source: Live Mint Leela Palaces filed for an initial public offering (IPO) of ₹5,000 crore on 20 September. Its listing will expand the roster of publicly traded luxury hotel stocks beyond India Hotels Company, which operates the Taj brand, and EIH, the parent company of the Oberoi chain of hotels. “(The hotel) industry is expecting…
Source: Live Mint Stock market changes: Effective October 1, the Indian financial markets will see significant changes. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have introduced new transaction fees for brokers across various segments. Additionally, the government has implemented a new tax regime for share buybacks, taxing them as dividends. Furthermore, the…
