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Source: Live Mint Ellenbarrie Industrial Gases IPO: Ellenbarrie Industrial Gases Limited received the green light from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company submitted its draft red herring prospectus (DRHP) to the market regulator on September 18, 2024. Ellenbarrie Industrial Gases Limited is a firm…
Source: Live Mint Bajaj Finance Q3 Results: Bajaj Finance Limited announced its October to December quarter results on Wednesday, January 29. The non-banking financial company (NBFC) recorded a nearly 17 per cent rise in net profit for the third quarter of the financial year 2024-25 at ₹3,706 crore, compared to ₹3,177 crore in the same…
Source: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday following a rally in global equities. Asian markets gained, while the US stock market ended higher overnight amid a rebound rally led by technology stocks. The US Federal Reserve will announce its…
Source: Live Mint The Indian stock market commenced 2025 on a negative trajectory, experiencing a sharp sell-off across all sectors. Both benchmark indices, Sensex and Nifty 50, have declined by over 3% in January to date. The downturn in the equity market has been primarily driven by a trifecta of factors: subdued corporate earnings, stretched…
Source: Live Mint Budget 2025 Trading Strategy: The Union Budget has consistently driven trends in the Indian market. The upcoming Union Budget for the financial year 2024-25 is expected to prioritise capital expenditure, emphasise manufacturing growth, and ensure macroeconomic stability. Historically, Union Budget announcements significantly influence the stock market, shaping sector trends based on government…
Source: Live Mint Tata Steel Q3 results: Tata Group-owned Indian steel manufacturing giant Tata Steel announced its October to December quarter results on Monday, January 27. The company’s net profit for the third quarter dropped 43 per cent to ₹295.49 crore, compared year-on-year (YoY) with ₹522.14 crore in the same period a year ago, according…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday, tracking weakness in global markets. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,932 level, a discount of nearly 180 points from…
Source: Live Mint Multibagger stock: Eco Recycling Limited, a waste management firm, announced on January 23 that the company is looking to raise funds via a Qualified Institutional Placement (QIP) process, according to an exchange filing. A QIP fundraising process is a method of raising capital for publicly listed companies by selling their securities to…
Source: Live Mint Upcoming IPO: Jamnagar-based shipping and logistic solutions provider Shreeji Shipping Global Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Saturday, January 25. The company aims to raise funds via a fresh issue of shares from the Indian stock…
Source: Live Mint Top News 1/ SEBI mandates daily disclosure of the Information Ratio (IR) for equity-oriented mutual fund schemes on AMC and AMFI websites. IR measures risk-adjusted returns by comparing portfolio returns to benchmark returns, accounting for volatility. This aims to enhance transparency, aid investor decision-making, and improve scheme performance evaluation. AMFI must ensure…
