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Source: Live Mint DAM Capital Advisors IPO: The initial public offer (IPO) of DAM Capital Advisors will open for subscription on Thursday, December 19, and close on Monday, December 21. DAM Capital Advisors IPO, valued at ₹840.25 crore, is entirely an offer for sale (OFS) of 2.97 shares by the investors and promoters of the…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note Tuesday tracking mixed global cues from global peers. Asian markets traded mixed, while the US stock market ended mixed overnight, ahead of the US Federal Reserve meeting. The Federal Open Markets Committee…
Source: Live Mint Stock market today: The domestic stock market indices closed in the red on Monday, December 16. The index witnessed a sharp sell-off in the IT and financial stocks, driving the index down after an initial gain from the Pharma and PSU stocks. The Nifty 50 index closed 0.4 per cent lower at…
Source: Live Mint As 2024 draws to a close, the broad market has delivered a respectable 20% return. Mid and small-cap stocks have outperformed, with midcaps achieving a 28% return and small caps 31%, compared to 17% for large caps. The outperformance is against the consensus that large caps are a better bet given the…
Source: Live Mint The board of metals and mining major Vedanta Limited at its meeting held on Monday, December 16 approved an interim dividend of ₹8.5 per equity share. This is the fourth interim dividend by the company for the financial year 2024-25 (FY25). Board of Directors of Vedanta Limited, at its meeting held today…
Source: Live Mint Purple United Sales IPO Allotment: After the successful closure of the initial public offering (IPO) of the fashion brand Purple United, investor focus has shifted to the IPO allotment, expected to take place today, December 16. Investors can check Purple United Sales IPO share allotment status online through the NSE website, and…
Source: Live Mint Sai Life Sciences IPO allotment: With the bidding period for Sai Life Sciences’ initial public offering (IPO) now closed, investors’ focus has turned to the allotment announcement, expected today, December 16. The IPO, which ran from December 11 to December 13, received an overall subscription of 10.27 times. The qualified institutional buyers…
Source: Live Mint JTL Industries, a company specialising in the production of ERW pipes, GI pipes, MS black pipes, hollow sections, and solar structures, has received a ‘buy’ rating from Axis Securities. Axis Securities has set a target price of ₹111 per share, suggesting a 10 per cent upside from its current market price of…
Source: Live Mint Stock Market Today: Shares of Swiggy climbed over 6 per cent on Monday, December 16 after the brokerage house Axis Capital initiated coverage on the new-age stock with a ‘Buy’ rating and a target price of ₹640, citing a 27 per cent valuation discount to peer Zomato as justified. The target price…
Source: Live Mint Stock in focus: Shares of Vedanta, are to remain in focus as the mining conglomerate, known for its generous dividend payouts and high yield, prepares to announce its fourth interim dividend for the financial year 2024-25. The decision will be taken at the board meeting scheduled for Monday, December 16, 2024. Vedanta…
