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Mukesh Ambani-owned RIL reported a 5 per cent drop in consolidated net profit, totaling ₹15,138 crore for the first quarter ended June 2024, compared to ₹16,011 crore in the same period last year. Continue Reading »
Sebi's initiative could provide brokers with additional revenue, but concerns arise regarding compliance complexities and potential reluctance from brokers to adopt the new trading model. Continue Reading »
The Garuda Construction IPO saw strong demand, with full subscription on the first day. It comprises new equity shares and an OFS, valued at ₹264 crore. Proceeds will fund working capital and acquisitions. The bidding period is from October 8 to 10. Continue Reading »
Top Gainers and Losers Today : The Sensex gained 584.81 points, or 0.72, to settle at 81050.0, while the Nifty gained 217.4 points, or 0.88, to close at 24795.75. Continue Reading »
HDFC Securities maintains a 'sell' recommendation on Vinati Organics due to high valuations and a target price of ₹1,491. Despite this, the company is expected to grow significantly over the long term through new projects and product expansions. Continue Reading »
The Nifty 50 closed the session with a gain of 0.88%, finishing above the 25,000 mark at 25,013 points. Similarly, the Sensex wrapped up the day with a 0.7% increase, settling at 81,634 points. Continue Reading »
The $3 billion IPO will open for subscriptions for big institutional investors on Oct. 14, and invite bids from retail and other categories during Oct. 15-17 Continue Reading »