The FinTech Hub
Source: Live Mint NTPC Green Energy Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue of 92.59 crore shares. The state-owned renewable energy producer aims to raise ₹10,000 crore from the public issue. The IPO opened for public subscription on Tuesday, November 19 and will close on Friday, November 22. The…
Source: Live Mint IPO watch: Nine (9) mainboard IPOs that debuted this year (2024) are currently trading below their issue prices and have decreased by more than 25%. At the forefront of the losses is Popular Vehicle, which has decreased by 46%, followed by non-banking financial companies and small finance banks, including Fedbank Financial Bank…
Source: Live Mint The outcome of the Maharashtra assembly elections is expected to have minimal impact on the Indian stock market, although it could carry significant political implications, according to experts. Although state elections do not directly impact the functioning of the central government, they can still have some second-order effects. Maharashtra is set to…
Source: Live Mint Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty index concluded at 23453.8, marking an increase of 0.28%. Throughout the trading session, the Nifty reached a daily high of 23780.65 and a low of 23464.8. The Sensex fluctuated within a range of 78451.65 and 77411.31, ultimately closing…
Source: Live Mint Apollo Tyres Ltd.’s ride in CY24 so far has been tough. Its stock is up a mere 6%, significantly behind the Nifty Auto Index’s 26% returns. The company’s poor September quarter (Q2FY25) results indicate this wide gap is unlikely to be bridged soon. The company struggled with weak margins and muted demand…
Source: Live Mint Onyx Biotec IPO allotment: The allotment of Onyx Biotec’s initial public offering (IPO) will be finalised soon, after overwhelming interest and robust subscriptions for the share sale issue. The SME IPO, valued at ₹29.34 crore, opened for bidding on November 13 and closed on November 18. The price band was set in…
Source: Live Mint City gas distributors Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL) have suffered two consecutive blows in a month. The government has reduced the supply of cheaper natural gas by 20% for IGL and 18% for MGL, effective 16 November. This follows a previous reduction of 21% for IGL and 20% for MGL,…
Source: Live Mint Titan Company is currently navigating a challenging period, with its stock down 17% over the past two months, driven by weaker-than-expected Q2 earnings and shrinking profit margins. However, the upcoming wedding season could provide a potential catalyst for recovery in Titan’s jewellery segment, helping to drive margin recovery and bolster overall profitability….
Source: Live Mint 52 Week Low Stocks Today on November 19, 2024: Shares of Hinduja Global Solutions, Star Health and Allied Insurance, Indraprastha Gas, Fusion Finance, Sanghvi Movers hit their fresh 52 wk lows today. Nifty 50 was up by 258.2(1.1%) points and Sensex was up by 875.29(1.13%) points at 19 Nov 2024 10:59:58 IST….
Source: Live Mint Gold and Silver Prices Today: Gold prices observed a modest increase on Tuesday. The cost of 24 carat gold is Rs.7649.3 per gm, which reflects an increase of Rs.680.0. The cost of 22 carat gold is Rs.7013.3 per gm, marking an increase of Rs.620.0. The price change in 24 carat gold over…
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