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Source: Live Mint Enviro Infra Engineers Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component. The IPO completed its second day of public bidding on Monday, November 25. The public offer was subscribed 12.52 times on the second day as investors bid for 38,55,19,222 or 38.55…
Source: Live Mint Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Both Sensex and Nifty 50 extended gains to the second straight session on Monday, November 25 on the back of the BJP-led NDA’s landslide victory in the state elections in Maharashtra. In…
Source: Live Mint India’s primary market is poised to witness significant market activity related to the listing of the much-awaited initial public offering (IPO) of NTPC Green Energy, Enviro Infra Engineers and two other small and medium enterprises (SME) public issues. Along with this, there will be six other SME IPOs opening this week starting…
Source: Live Mint Buy or sell: The Nifty Index ended the week at 23,907, firmly holding above the critical support level of 23,000. Despite facing adverse global news, such as the ongoing Russia-Ukraine war and the Adani bribery case, the Nifty managed to maintain its position above 23,000, showcasing resilience in the face of market…
Source: Live Mint Dividend stocks: Shares of major companies, such as National Aluminium Co. Ltd , Gillette India, Godfrey Phillips India and others, are scheduled to trade ex-dividend starting on Monday, November 25, 2024, according to BSE. Some of the major companies have announced various corporate actions, including the bonus issue, extraordinary general meetings (EGM),…
Source: Live Mint Top News Record Investments in SIPs Indian investors achieved a significant milestone in October, contributing a record ₹25,322.74 crore to Systematic Investment Plans (SIPs). The total number of SIP accounts also crossed 10.12 crore, demonstrating sustained growth in systematic and disciplined investment methods. IPO Market Updates The IPO market continued to perform…
Source: Live Mint Stock Market Today: Reliance Power, Angel One and Muthoot Finance were among 17 stocks that mutual funds completely exited in October, suggested a report by Nuvama Alternative & Quantitative Research. Among other companies that mutual funds exited include The Ramco Cement, Crompton Greaves Consumer, Natco Pharma, City Union Bank, Gujarat Gas, Havells,…
Source: Live Mint HCL Tech vs Tech Mahindra: IT stocks have been in focus since the US election results were announced. The Nifty IT index has gained more than 3 per cent since then, buoyed by expectations of increased spending by US clients and a strong dollar. Many companies in the US rely on Indian…
Source: Live Mint Indian equities are expected to remain resilient to global macroeconomic challenges such as a stronger US dollar, shallower easing in emerging markets, and potential US tariff hikes on China, according to Goldman Sachs’ latest report. Despite this external immunity, domestic economic growth has been cyclically slowing. Goldman Sachs projects India’s GDP growth…
Source: Live Mint Enviro Infra Engineers Limited has raised ₹194.6 crore from investors in its anchor round ahead of the public issue, according to the company’s BSE filing on Thursday, November 21. According to the exchange filing, the company has allocated 1,31,54,400 or 1.31 crore equity shares to the anchor investors at an allocation price…
