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Unicommerce eSolutions plans to offer 2.98 crore equity shares. According to the disclosure document, Sebi said the company received the final observation letter on Friday, June 28. Continue Reading »
Since its launch in 2022, the Nifty India Defence Index has shot up nearly 400%, far outpacing benchmark Nifty. While public sector stocks like HAL & BEL are trading at PE multiples of around 50, the ratio has exceeded 100 for some firms. The bubble-territory valuations have some investors worried. Continue Reading »
FirstCry operator Brainbees Solutions’ IPO comprises of fresh issue of equity shares aggregating up to ₹18,160.00 million and an offer for sale aggregating up to 54,391,592 equity shares by selling shareholders. Continue Reading »
Stock Market today: UltraTech Cement, ACC, Ambuja Cements share prices increased 2-14%. Other cement stocks as Shree Cement, Dalmia Bharat also gained. While consolidation in the industry continues and cement demand outlook also remain strong, Should you Buy, Sell or Hold the cement stocks? Continue Reading »
The challenge for Star Health could be in terms of innovative products launched by competitors.LIC has already expressed its intention of entering the health insurance business. Continue Reading »
Stanley Lifestyles shares hit a record high of ₹517.20 during Monday's trading session after a Morgan Stanley subsidiary picked up a stake in the luxury furniture maker. Continue Reading »
Axis Securities initiates coverage on Inox Wind with a 'buy' rating and a target price of ₹185, citing potential upside of 31%. It says the company is well-positioned to benefit from India's wind sector expansion with a strengthened balance sheet and a robust order book. Continue Reading »
Top Gainers and Losers Today : The Sensex gained 443.46 points, or 0.56, to settle at 79032.73, while the Nifty gained 131.35 points, or 0.55, to close at 24010.6. Continue Reading »