The FinTech Hub
Source: Live Mint UPL announced on Wednesday, November 20, that it would raise ₹3,377.74 crore through a rights issue of 9,38,25,95 partly paid shares at ₹360 per rights equity share. The company will issue shares in the ratio of 1:8, or one equity share for every eight equity shares held. The record date for this…
Source: Live Mint Upcoming IPO: CIEL HR Services 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). CIEL HR Services is the sole provider in India that delivers an extensive range of technology-based human resources solutions throughout…
Source: Live Mint The Indian market is currently undergoing a corrective phase, impacted by the rise in the dollar index following Donald Trump’s victory in the 2024 US Presidential elections, along with continuous outflows from foreign investors and the Middle East crisis. While the last session was a positive one for the Indian markets after…
Source: Live Mint While selling pressure was seen across the market in recent weeks, a few stocks have weathered the recent correction and managed to surge, adding some gains to investors’ portfolios. According to Trendlyne data, 14 out of the Nifty 500 constituents have risen 10% to 38% in a month, with most of them…
Source: Live Mint The weak September quarter earnings have triggered a significant selloff in Indian equities in recent weeks, driving stocks to multi-month lows, with some hitting fresh one-year lows. Several recently-listed companies that reported earnings below market expectations faced severe investor backlash, leading them to trade below their issue prices. One notable trend observed…
Source: Live Mint NTPC Green Energy IPO Subscription Status: Despite recent IPO weariness, the NTPC Green Energy IPO appears to have captured the attention of retail investors, as the segment was fully booked within a few hours of its launch. The NTPC Green Energy IPO appears to be on track to complete by the conclusion…
Source: Live Mint Gold prices experienced a slight increase on Wednesday. The cost of 24 carat gold is Rs.7725.3 per gm, which reflects an increase of Rs.760.0. Furthermore, the cost of 22 carat gold is Rs.7083.3 per gm, also up by Rs.700.0. The price change in 24 carat gold over the last week has been…
Source: Live Mint Multibase India, a multibagger small-cap stock, has grabbed attention with its latest dividend declaration. The company announced an interim dividend of ₹53 per share for the financial year 2024-25, representing a substantial 530% of its face value of ₹10 per share. Historic Dividend Announcement In an exchange filing dated November 13, Multibase…
Source: Live Mint Zomato share price: With 118% returns year to date and more than 130% in last one year Zomato Stock has given Multibagger returns to investors. However experts see 45% upside in this Multibagger stock . Here is why? Strong Q2 Results Zomato has seen strong Q2 performance, Zomato Ltd’s Q2FY25 net profit…
Source: Live Mint Buying the dip involves purchasing stocks during price declines, betting on a rebound. To be sure, this could be a lucrative strategy, but is typically more suited to seasoned investors, such as institutional players who trade on behalf of individuals, aiming for long-term gains. Retail or individual participation in the stock markets…
