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Source: Live Mint Leo Dryfruits & Spices Trading IPO Listing: Leo Dryfruits & Spices made a strong debut on the bourses on Wednesday, January 08, 2024, as the stock got listed at ₹68 apiece on BSE SME, a premium of 31% over the issue price of ₹52. Following the strong debut, the stock tumbled 2.2%…
Source: Live Mint Spandana Sphoorty share price: Small-cap sock Spandana Sphoorty Financial has been on a roll for the last two days. After skyrocketing 20 per cent in the previous session, the small-cap stock jumped 15 per cent in morning trade on BSE on Wednesday, January 8. Spandana Sphoorty share price opened at ₹405 against…
Source: Live Mint Recent high-frequency economic data highlights the persistent macroeconomic challenges in India, including subdued GST collection growth, fluctuating automobile sales, and currency volatility, according to InCred. These factors have contributed to cautious market sentiment, with the Nifty 50 index likely to remain in a consolidation phase due to prolonged risks to GDP and…
Source: Live Mint Multibagger stock: Education provider Vantage Knowledge Academy Limited announced an interim dividend issue offering ₹0.10 per equity share, according to an exchange filing on Tuesday, January 7. The company is offering 10 per cent of the face value of a share, and the face value is Re 1 per share. The company…
Source: Live Mint Indian corporates have reported subdued quarterly earnings in the current financial year (FY25). The June quarter (Q1) results were weak, and the September quarter (Q2) numbers were even weaker, triggering a significant market correction as valuations were trading at a premium. Hopes of a revival in the earnings trend from the December…
Source: Live Mint Stock to watch tomorrow: Shares of Adani Power will be in focus in trade tomorrow (January 8) as rating agency CARE Ratings assigned ‘CARE AA; Stable’ credit rating to the proposed non-convertible debentures of the Adani group company. The power generation and distribution firm’s NCDs amount to ₹5,000 crore, according to the…
Source: Live Mint The stock market slid on Monday in response to tremendous selling pressure on concerns around the HMPV virus, and on foreign institutional investors (FII) sell-off, resulting in benchmark indices declining by over 1.5 per cent. Amid all this, sectoral indices witnessed steep losses and the worst-affected sectors included Nifty PSU Bank, Metal,…
Source: Live Mint Indobell Insulation IPO: The initial public offering (IPO) of Indobell Insulation has received a strong response from the public, with the issue getting fully subscribed on the first day of subscription itself on Monday, January 6. The ₹10.14 crore Indobell Insulation IPO is entirely a fresh issue of 22.05 lakh shares. The…
Source: Live Mint This small-cap stock defies recent weak market sentiment, surging over 40% in less than 4 months. Do you own it? Read Full Article
Source: Live Mint Delta Autocorp IPO: The initial public offering of Delta Autocorp, which kicked off for subscription on Tuesday, January 7, saw healthy investor interest, with the issue being fully subscribed within a few hours. Bids reached 94.63 lakh shares, compared to the available 27.36 lakh shares, resulting in a subscription rate of 3.46…
