According to the Red Herring Prospectus (RHP), the proposed IPO consists entirely of a fresh issuance of 1.55 crore equity shares, with no offer-for-sale (OFS) component included. Continue Reading »
Stocks to buy: Domestic brokerage SMC Global Securities has recommended four stocks to buy this week based upon the fundamental and technical analysis in the current market scenario Continue Reading »
PMEA Solar Tech IPO, which has a face value of ₹10 per equity share, consists of a combination of fresh issues totaling up to ₹600 crore and an offer for sale of up to 11.23 million equity shares. Continue Reading »
US Fed rate cut: Gold prices are near all-time highs amid expectations of a US Fed rate cut, which could weaken the dollar and boost gold demand. Factors like geopolitical tensions and central bank buying will also influence prices, with experts suggesting potential gains in the coming years. Continue Reading »
The stock has consistently delivered strong performances year after year, making it a standout in the stock market. In 2019, the stock surged by an impressive 170 per cent, followed by an 88 per cent gain in 2020. In 2024 so far, the stock has already gained 300 per cent. Continue Reading »
The stock's strong performance today has enabled it to recoup all the losses incurred earlier this year. Looking at a longer timeframe, the stock has gained 13.5% over the past 12 months. Continue Reading »
Ahluwalia Contracts India has a robust order book of ₹16,846 crore, ensuring strong revenue growth for the next 3-4 years. Axis Securities upgraded the stock rating to 'buy' due to positive government infrastructure focus and anticipated high double-digit growth in FY25 and FY26. Continue Reading »