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Source: Live Mint Servotech Power Systems announced on Tuesday, January 21, that the company’s promoter raised its stake in the firm by converting share warrants into equity shares of the electrical equipment maker, as per the NSE filing. Company promoter Raman Bhatia has decided to convert 5 lakh share warrants into 5 lakh equity shares…
Source: Live Mint Denta Water and Infra Solutions Limited raised ₹66.15 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Tuesday, January 21. The water and infrastructure solutions firm allocated 22.5 lakh equity shares to 10 anchor investors at an allocation price of ₹294 per share,…
Source: Live Mint Dalmia Bharat Q3 Results: Cement manufacturer Dalmia Bharat reported a 75% year-on-year (YoY) decline in its consolidated net profit to ₹66 for the third quarter of financial year 2024-25 (Q3 FY25) on Tuesday, January 21. The net profit stood at ₹266 crore in the same quarter last fiscal. Meanwhile, the revenue from…
Source: Live Mint Expert view: Deepak Ramaraju, Senior Fund Manager at Shriram AMC, believes a populist budget may strain the fiscal deficit and result in further rupee weakness. This will lead to lower rate cuts and delays in economic growth. Moreover, any miss on fiscal prudence or lower growth guidance may trigger a further selloff…
Source: Live Mint Jana Small Finance Bank released its December quarter performance on Tuesday, January 21, post-market hours. The lender reported a 17.91% drop in standalone net profit, reaching ₹110.6 crore in Q3FY25, compared to a net profit of ₹134.6 crore in the same period last year. The net profit showed a sequential improvement of…
Source: Live Mint Foreign Portfolio Investors (FPIs) have commenced 2025 on a negative note in the Indian stock market, reversing their buying trend from December 2024. In the first fortnight of January, FPIs sold Indian equities worth over ₹48,000 crore, marking a sharp contrast to the ₹15,447 crore of net inflows recorded in December. The…
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 Billionbrains Garage Ventures Pvt. Ltd. has picked banks including JPMorgan Chase & Co. and Kotak Mahindra Bank Ltd. for a potential Mumbai initial public offering, according to people familiar with the matter. The company behind financial services platform Groww Invest Tech Pvt. Ltd. could proceed with an IPO this year, the people…
Source: Live Mint Stock Market Today: Laxmi Dental share price made a strong debut on the stock market on Monday, January 20, listing at ₹542 per share on the NSE, marking a 26.64% premium over the issue price of ₹428. On the BSE, the stock opened at ₹528, 23.36% higher than the issue price. Even…
Source: Live Mint Vodafone Idea share price surged as much as 10 per cent in opening deals to hit its upper circuit on the BSE on Monday, January 20, amid reports that the government was mulling a proposal to waive adjusted gross revenue (AGR) dues for telecom companies. to come.. Read Full Article
