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The Ceigall India IPO plans to raise ₹617.69 crore from a fresh issue. The company is going to issue a total of 1.428 crore equity shares for a face value of ₹5 per share. The company filed its draft prospectus with SEBI on March 3, 2024. Continue Reading »
Motilal Oswal report highlighted that the Nifty Microcap 250 and Nifty Smallcap 250 indexes were the top performers, achieving remarkable monthly growth of 11.56% and 7.90%, respectively. Continue Reading »
By 12:30 GMT, Brent crude futures had fallen 42 cents, or 0.5%, to $86.12 a barrel. U.S. West Texas Intermediate (WTI) crude dropped 52 cents, or 0.63%, to $82.64 a barrel. Continue Reading »
According to the draft papers, the IPO comprises a fresh issue of equity shares worth ₹500 crore and an offer for sale (OFS) of up to ₹1,700 crore by promoters and investor shareholders. Continue Reading »
Wall Street: At 9:48 a.m. ET, the Dow Jones was up 0.70 per cent, the S&P 500 was higher 0.24 per cent, the Nasdaq added 0.12 per cent Continue Reading »
Chandan Taparia has recommended three stocks to buy tomorrow, July 9. According to him, these stocks – BHEL, Chambal Fertilizers, GAIL– are technically placed to see a decent upmove. Continue Reading »
The National Stock Exchange last week imposed a price control cap of 90% over the issue price for SME IPOs. The rule means that the listing-day gain can't be more than 90% of the issue price. Some industry experts believe it will discourage speculation, while others worry it could hurt valuations. Continue Reading »
In an exchange filing, the company announced that its board has approved an interim dividend of ₹2.75 per share with a face value of ₹1 each for the financial year 2024-25. Continue Reading »