The FinTech Hub
Source: Live Mint NTPC Green Energy Q3 results: NTPC Green Energy Limited announced its October to December quarter results on Saturday, January 25. The company recorded an 18 per cent year-on-year (YoY) rise in net profits for the third quarter at ₹65.61 crore, compared to ₹55.61 crore in the same quarter a year ago, as…
Source: Live Mint Shriram Finance dividend: The Non-banking financial services (NBFC) firm, Shriram Finance Ltd, announced its second interim dividend issue for the financial year 2024-25, at ₹2.50 per equity share of a face value of ₹2 apiece fully paid up, according to an exchange filling on Friday, January 24. The company “declared second interim…
Source: Live Mint Kabra Jewels IPO allotment: After a successful bidding round for the initial public offering (IPO) of Kabra Jewels Limited, investors now eye the allotment of the shares, which was expected to take place today, January 20. Stock market investors can check Kabra Jewels IPO share allotment status online through the NSE website,…
Source: Live Mint Upcoming IPOs: Six major companies have now received approvals from the capital markets regulator, the Securities and Exchange Board of India (SEBI) to raise funds via initial public offerings (IPOs). According to SEBI’s update on Monday, January 20, the draft papers of Hexaware Technologies, PMEA Solar Tech Solutions, Scoda Tubes, Ajax Engineering,…
Source: Live Mint The year 2025 will have to face multiple challenges, including elevated valuations, reduced liquidity, and slower earnings growth. However, the stock market remains a viable investment opportunity, underpinned by the robust performance of the economy. Both the world & domestic economies are expected to do well in 2025 with no signs of…
Source: Live Mint Mumbai-based real estate developer Sri Lotus Developers Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Thursday, December 26. The company aims to raise nearly ₹792 crore through its book-built initial public offering (IPO). The real estate developer is…
Source: Live Mint Sai Life Sciences Limited’s initial public offering (IPO), through a book-built issue, offers a combination of a fresh issue of equity shares amounting to ₹950 crore and an offer-for-sale (OFS) component of up to 3.81 crore equity shares. The ₹3,043 crore IPO opened for public subscription on Wednesday, December 11 and will…
Source: Live Mint Online brokerage platform Zerodha’s co-founder and Chief Executive Officer, Nithin Kamath, cautioned investors via a social media post on platform X on Saturday, December 7, about the most certain way to lose money in the markets. The post highlighted two recent scams in which the Securities and Exchanges Board of India (SEBI)…
Source: Live Mint Healthcare services provider Suraksha Diagnostic Limited’s initial public offering (IPO) has so far received a muted response. Opened for public subscription on November 29, the IPO was subscribed 25 per cent on the second day of bidding as investors bid for 34,00,068 shares, compared to the 1,34,32,533 shares on offer. The public…
Source: Live Mint The FMCG sector has been one of the poorest performers over the past 18 months. The return of Nifty FMCG, Nifty50, and Nifty500 indexes in the last 1 year is 10%, 20%, and 27%, respectively. This indicates that the FMCG sector underperformed the broader Nifty500 market by 63%.The sector’s performance worsened in…
