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Source: Live Mint The IPO consists of a fresh issue of shares worth ₹950 crore and an offer for sale (OFS) of 3.81 crore shares with a face value of Re 1 each, bringing the total issue size to ₹2,940-3,043 crore. The company plans to use 75% of the IPO proceeds to repay or prepay…
Source: Live Mint Despite starting today’s trading session (December 2) on a weak note, falling 7 per cent, OLA Electric shares staged a strong recovery, erasing early losses to trade at ₹93.70 apiece, up 7 per cent from the previous close of ₹87.41. The stock hit an intraday low of ₹81.20 before surging 15.40 per…
Source: Business Standard Share Market Today: Tata Elxsi reported a 14.7 per cent year-on-year profit increase, at Rs 229 crore, driven by robust demand in its transportation division. (Image: Bloomberg) 3 min read Last Updated : Oct 11 2024 | 7:01 AM IST Stocks to Watch, Friday, October 11, 2024: GIFT Nifty futures, trading…
Source: Live Mint While excitement remains high in India’s secondary market, where the benchmark indices are reaching new heights daily, the primary markets are also buzzing and witnessing a flurry of activity. Once dominated by institutions, India’s primary market is now experiencing a surge in retail participation, driven by the potential for higher returns and…
Source: Business Standard Stocks to Watch, Friday, September 27, 2024: Indian equity benchmark indices looked set for a higher open on Friday, following overnight gains in the US and higher Asian markets. The same was indicated by GIFT Nifty futures. At 7:10 AM, GIFT Nifty futures were trading at 26,349, around 40…
Source: Live Mint Ather Energy Ltd has yet to announce the pricing for its upcoming initial public offering (IPO), which will be a mix of fresh issue and offer for sale. However, investors can draw inspiration from Hero MotoCorp Ltd’s strategy. If Ather seems like a risky bet, investors may find comfort in Hero, which…
Source: Live Mint Abhimanyu, the sixteen-year-old son of the mighty archer Arjuna, was displaying breathtaking bravery in the Mahabharata war. He not only killed a number of prominent warriors on the enemy side, but also managed to break the flagstaff of Bhishma, the supreme commander of the Kauravas, in a hugely symbolic moment. The energy…
Source: Live Mint The push for electric two-wheelers (2W) in India has been accelerating at an impressive rate, driven by a growing shift in consumer preferences from traditional internal combustion engine (ICE) vehicles to greener, more sustainable mobility options. This transition is driven by increasing environmental awareness, discounts on popular models, government incentives, and lower…
Source: Business Standard 4 min read Last Updated : Sep 09 2024 | 7:08 AM IST Stocks to Watch, September 9, 2024: Markets in India were likley to start in the red on Monday as indicated by the GIFT Nifty futures, after the sharp sell-off in the US markets on Friday, when the S&P…
Source: Live Mint New Delhi: If Bhavish Aggarwal, founder of now-listed Ola Electric, is known to dream big, his newest ambition is audacious by even his standards: to build “India’s first AI (artificial intelligence) chips” in four years. Such a plan would thrust Aggarwal, who is likened to Elon Musk for his public persona, into…
