Emcure Pharma and Bansal Wire IPOs witness exceptional demand
admin July 5, 2024 ArticleThe initial public offerings of Emcure Pharmaceuticals Ltd and Bansal Wire Industries received an overwhelming response, especially from qualified institutional buyers on the last day. The IPO of Bain Capital-backed Emcure Pharma which came out with a price band of ₹960-1,008, was subscribed 67.87 times, while that of Bansal Wire, a 100 per cent fresh […]
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The public issue of Emcure Pharmaceuticals closes today and the offer has so far been subscribed 4.98 times. The initial public offering (IPO) of Bain Capital-backed Emcure Pharmaceuticals Ltd has come out with a price band of ₹960-1008. The IPO size is ₹1,952.03 crore – a fresh issue of 79 lakh shares worth ₹800 crore, and […]
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India is seeing unprecedented growth, but we need to make sure the foundations are strong: Buch
admin July 4, 2024 ArticleWhile India is fortunate to be growing rapidly even as other countries are seeing a slowdown, there is a need to make sure that the growth is built on a strong foundation, SEBI chairperson Madhabi Puri Buch said on Thursday. “We are a fortunate generation; all the problems that we are dealing with are related […]
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Under a new collaboration, Marico will exclusively handle sales and marketing of Kaya’s range of 75-plus science-based personal care products outside of Kaya’s clinics. This collaboration will enhance the brand’s presence and accessibility across markets and channels. HCL Technologies (HCL Tech) has entered into a collaboration with IBM to establish a Generative AI Center of […]
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Shares of Vraj Iron and Steel made robust listing at the bourses on Wednesday
admin July 3, 2024 ArticleShares of Vraj Iron and Steel made robust listing at the bourses on Wednesday. Against the IPO price of ₹207, the stock Vraj Iron listed on both BSE and the NSE at ₹240, a jump of 15.94 per cent. The stock closed with a premium of 21.70 per cent at ₹251.95 and at ₹252 on […]
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Stock Market Live Updates July 3, 2024: Stock to buy today: Jyothy Labs (₹477.35): BUY
admin July 3, 2024 ArticleSensex, Nifty, Share Prices LIVE: The outlook for Jyothy Labs is bullish. The strong 5.75 per cent surge on Tuesday has taken the share price well above the ₹460-470 resistance cluster. The region between ₹465-460 will now act as a good support zone now. Any intermediate dips are likely to be limited to this support […]
Shares of Allied Blenders and Distillers made a decent listing on Tuesday by gaining a little over 13 per cent. As against the IPO price of ₹281, the stock listed at ₹318.10 on the BSE and hit a high of ₹324.40 and a low of ₹306.70, before settling at ₹317.85, up 13.11 per cent over the […]
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DCX Systems has received a contract/ order for ₹1,250 crore from Larsen & Toubro, India for manufacture and supply of electronic modules. The order is expected to be completed within three years. Cupid has entered into a strategic partnership with SAP to implement the cutting-edge ERP system, SAP S/4HANA Cloud. This initiative underscores Cupid’s dedication […]
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`Skin in the Game’ regulation proves beneficial for Mutual Funds, boosting investments
admin July 1, 2024 ArticleThe ‘Skin in the Game’ regulation has come as a blessing in disguise for the mutual fund industry as their investments have grown multi-fold last fiscal. Nippon Mutual Fund and Tata MF investments in their own schemes have grown 48 per cent and 45 per cent in the financial year ended March, 2024 to ₹338 […]
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Stock Market Live Updates 01 July 2024: Stock market live updates: Today’s Stock Recommendation: Bombay Dyeing & Manufacturing Company (₹211.05): BUY
admin July 1, 2024 Articletock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 01 July 2024 ALL UPDATES July 01, 2024 08:04 Stock market live updates: Navin Fluorine International has approved fund raising of up to ₹750 crore through equity […]