IPO screener: Today is last today subscribe Azad Engineering
admin December 22, 2023 ArticleThe ₹740-crore from Hyderabad-based Azad Engineering will close today for subscription. The issue has so far subscribed over 11 times. The company has fixed the price band as ₹499-524 and investors can bid for a minimum of 28 shares. The IPO received bids for 3.35 crore shares, against 11.24 crore shares on offer. Several sports […]
Buzzing IPOs: Happy Forgings subscribed 82 times, Credo 52 times
admin December 21, 2023 ArticlePrimary markets continue to witness strong response from investors, as all three IPOs that ended today subscribed heavily. Among them, Happy Engineering was the star attraction, as the issue was subscribed 82.04 times, followed by Credo Brands Marketing (51.85 times) and RBZ Jewellers (16.86 times). Happy Forgings, which came out with a price band of […]
Zee Entertainment Enterprises Ltd on Wednesday said Culver Max Entertainment, formerly known as Sony Pictures Networks India, has agreed to discuss extending the date required to make their merger scheme effective, a day ahead of the deadline. The Securities Appellate Tribunal (SAT) on Wednesday quashed two separate orders by the Securities and Exchange Board of India (SEBI) […]
Stock market update: Nifty at 21,500 level; Sensex over 200 pts, Varun Beverages hit 52-week high
admin December 20, 2023 ArticleThe BSE Sensex is up by 214.84 points or 0.30 per cent at 71,652.03, and the Nifty is up by 75.90 points or 0.35 per cent at 21,529.00 as of 12:09 pm on Wednesday. Commenting on the outlook for Nifty, Anand James, chief market strategist at Geojit Financial Services, said, “The turnaround from the 21,360-320 […]
PSB stocks sustain rally on hopes of another re-rating
admin December 20, 2023 ArticlePublic sector banks have continued their good run on the bourses this year with the Nifty PSU Bank index gaining 33 per cent in the year to date. For two- and three-year periods, the index is up 123 per cent and 226 per cent, respectively. “The difference in financials and asset quality between public and […]
Stock market update: Nifty at 21400 level; Sensex at 71400 level
admin December 19, 2023 ArticleThe benchmark indices continue to trade flat on Tuesday, BSE Sensex is up by 102.25 points or 0.14 per cent at 71,417.34 as of 12:13 pm, while the Nifty 50 is up by 16.90 pts or 0.08 per cent at 21,435.55. On the BSE, 3,764 stocks were traded as of 12:16 pm on Tuesday, of […]
Target: ₹190 CMP: ₹179.55 We met up with the Star Cement management. The company is well-poised to achieve a robust 19 per cent volume CAGR during FY23-26E, driven by its upcoming expansions in the northeast (NE) region. Additionally, its cost curve is likely to continue to trend down due to a cool-off in fuel prices, […]