The FinTech Hub
Source: Live Mint Multibagger stock: A Jindal Group stock has delivered substantial gains over the past decade, multiplying investors’ wealth several times. Shares of Jindal Worldwide surged to ₹315.40 on November 21, 2024, from its decade-low level of ₹6.10 on August 28, 2013, registering a gain of 5,071 per cent in a little over 11…
Source: Live Mint Protean eGov Technologies OFS: NSE Investments is set to divest up to 20.3 per cent of its stake in Protean eGov Technologies, through an offer for sale (OFS). According to an announcement by the National Stock Exchange (NSE)’s unit on Thursday, November 21, the Mumbai-based e-governance solutions provider’s share sale has set…
Source: Live Mint Belrise Industries Limited has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on Tuesday, November 19. The company aims to raise ₹2,150 crore through a book-built initial public offering (IPO), which comprises a fresh issue of equity shares with a face value of ₹5…
Source: Live Mint IPO Update: Kolkata-based Crizac has refiled papers with market regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO, which has a face value of ₹2 per equity share, is entirely an offer for sale amounting to up to ₹1,000 crore by the selling shareholders who…
Source: Live Mint C2C Advanced Systems IPO will open for subscription on Friday, November 22, and close on Tuesday, November 26. C2C Advanced Systems IPO price has been fixed in the range of ₹214 to ₹226 per equity share of face value of ₹10 each. Bids can be made for a minimum of 600 equity…
Source: Live Mint Adani Group Stocks: Life Insurance Corporation of India (LIC), the country’s largest domestic institutional investor, saw its holdings in seven Adani stocks drop by nearly ₹12,000 crore in a single trading session on Thursday, November 21, following a sharp decline in group shares. The shares of the Gautam Adani-led conglomerate plummeted by…
Source: Live Mint The half-year ended (H1FY25) earnings of recently listed Waaree Energies Ltd, the largest solar module manufacturer in India, came as a rude shock to investors. The stock fell 10.5% since results were announced on 18 November. Its maiden result, post listing, showed that in H1FY25, consolidated revenue grew a mere 2% year-on-year…
Source: Live Mint City Gas Distribution (CGD) stocks—including Indraprastha Gas (IGL), Mahanagar Gas (MAHGL), and Gujarat Gas—have dropped between 23% and 43% over the past three months due to several challenges. These issues include a significant reduction in the availability of the cheapest gas under the domestic administered price mechanism (APM), regulatory plans for third-party…
Source: Live Mint Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- plunged by a per cent each in morning trade on Thursday, November 21, amid weak global cues. The domestic market witnessed a broad selloff as mid and small-cap segments also suffered losses. The overall market capitalisation (m-cap) of BSE-listed…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a modest increase on Thursday. The price of 24 carat gold is Rs.7780.3 per gram, which reflects an increase of Rs.550.0. Additionally, the price of 22 carat gold is Rs.7133.3 per gram, also up by Rs.500.0. In the past week, the price of 24…
