Falcon Technoprojects India Limited, has announced its plan to go public with an Initial Public Offering (IPO) on June 19, 2024. The company is aiming to raise Rs 13.69 Crore at the price of Rs 92 per share through this IPO, with shares set to be listed on the NSE Emerge platform. The issue size…
Penny Stocks During the weekend ending June 14, Indian stock markets showed a slight positive trend, rising by 0.39% over the week. Despite the overall flat trading, several penny stocks experienced notable gains. ETMarkets identified five penny stocks that showed share price growth of 25-30% over the week. Our selection criteria focused on stocks with…
Nifty and Sensex hit fresh lifetime highs on Friday. The gains were driven by index heavyweights HDFC Bank and Reliance Industries. The small and midcap stocks also hit record highs for the fourth straight session as the post-election results rally continued. State-run companies and energy stocks also contributed to the rally in hopes of continued…
Vodafone Group is looking to sell its entire $2.3 billion stake in India’s Indus Towers through stock market block deals next week, two sources with direct knowledge said, part of the British firm’s effort to repay debt. Vodafone currently owns 21.5% of mobile-tower operator Indus via various group entities, valuing the investment at $2.3 billion…
New Delhi: Hong Kong-based SAIF Partners on Thursday pared a 5.8 per cent stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction. SAIF Partners, through its arm SAIF Partners India IV Ltd, sold shares of Kolkata-based Senco Gold on the BSE. According to the bulk deal data available on…
“With respect to margins, over the last four quarters, we have seen a material decline in margins at Indian banks to the extent of 30 to 50 bps depending on the bank we are talking about,” says Sumeet Kariwala, Morgan Stanley.As I can see in your portfolio, you have a clear tilt towards the larger…
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-point reduction for the year amid rising estimates for what it will take to keep inflation in check. The markdown in the outlook for rate cuts,…
The initial public offer (IPO) of Le Travenues Technology, which operates travel platform Ixigo, picked up momentum on the third day of the bidding process as the issue was subscribed 47 times so far on Wednesday, the last day of the bidding process. The issue closes today. The strong demand was led by non-institutional investors…
Apple shares climbed 6% to a record high on Tuesday, a day after unveiling new artificial intelligence features meant to increase the appeal of its devices, including the iPhone. The rally comes as a breather for the stock, that has underperformed versus the benchmark S&P 500 this year, as Apple grapples with weak sales for…
Jun 11, 2024, 03:08:15 PM IST Indian shares rose on Tuesday, helped by gains in information technology and energy stocks, with investors keenly awaiting a key U.S. inflation reading and the Federal Reserve’s policy decision. Meanwhile, in today’s trading session, five stocks from the Nifty50 index hit a new 52-week high. Here’s the list: Getty…
