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Park Medi World has set its IPO price band at ₹154-162, with subscription from December 10-12. It aims to raise ₹770 crore, focusing on debt repayment and hospital development, while shares will list on BSE and NSE on December 17. Continue Reading »
After a four-year surge in revenue, profit and stock price, PG Electroplast is facing slowing AC demand, weaker cash flows and reduced guidance, raising questions over valuation and promoter moves. Continue Reading »
Diamond Power Infrastructure's shares rose 5% to ₹150 following a significant order from Adani Green Energy for cable supply worth ₹748 crore. This marks the second major order in a month, despite a 23% decline in share value since July's peak. Continue Reading »
Avadhut Sathe's academy allegedly misled over 337,000 investors, promising unrealistic returns through social media influence, and must respond to potential penalties within 21 days. Continue Reading »
RBI's liquidity infusion will be through a mix of open market operation purchases of ₹1 trillion and another ₹45,000 crore through a three-year US dollar-rupee swap. Continue Reading »
Stock market today: Rate-sensitive sectors led the gains, with Nifty Realty, Nifty Auto, Nifty Financial Services, Nifty PSU Banks and the Nifty IT indices trading in the green. Continue Reading »
Moore Threads, a Beijing-based GPU manufacturer, made a strong market today, with shares debuting 468% to 650 yuan. The IPO raised 8 billion yuan, signaling investor confidence in China's tech policies despite U.S. sanctions. The company aims for significant revenue growth and profitability by 2027. Continue Reading »
The RBI's MPC cut the repo rate to 5.25% amid low inflation at 2.2%. The central bank raised FY26 GDP growth to 7.3% and reduced CPI inflation to 2%. Following the announcement, Indian stock markets gained, with Nifty Bank and other rate-sensitive sectors reacting positively. Continue Reading »