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Zinka Logistics Solutions IPO combines a fresh issue and an offer-for-sale (OFS) component. The public issue was oversubscribed 1.86 times on Day 3, as investors bid for 4.19 crore equity shares. Continue Reading »
Indian corporate earnings for the September quarter fell short of expectations, causing market volatility and FPI exits. Mixed sector performance was noted, with many companies missing estimates, while a few sectors like PSU banks and steel showed strength. Continue Reading »
The IPO market faces fatigue as subscription levels and returns decline, according to Arun Kejriwal. Investors are wary as high demand fades, and grey market premiums diminish. Analysts point to weak overall market sentiment and foreign selling pressures impacting IPO performance. Continue Reading »
Reliance share price has underperformed Nifty 50 over the last year. After hitting a 52-week high of ₹1,608.80 on July 8 this year, the stock has faced consistent profit booking. Continue Reading »
Top Gainers and Losers Today : The Sensex lost 241.3 points, or -0.31, to settle at 77580.31, while the Nifty lost 78.9 points, or -0.34, to close at 23532.7. Continue Reading »
The Nifty 50 closed the session with a decline of 0.34%, settling at 23,453 points. The S&P BSE Sensex closed 110 points, or 0.33%, lower at 77,327. Metal stocks surged up sharply after China's finance ministry last week proposed to reduce or cancel export tax rebates for commodities. Continue Reading »
Higher marketing spends, sales and distribution expenses, and a slightly higher loss run-rate for the eB2B business weigh on Nykaa's margins Continue Reading »
On November 18, Hazoor Multi Projects' stock reached ₹53.25 after reporting strong Q2 growth. The stock is up 295% in the last year and 33,180% over five years. Continue Reading »