By Shehnaz Shaikh December 13, 2024 Shares of Zomato have declined by 5% in the last five trading sessions following the issuance of a GST order worth ₹401 crore. The stock fell to an intra-day low of ₹282.80 but remains resilient with long-term gains. Details of the GST Order Amount in Dispute: ₹401.7 crore Assessment … Read more
By Shehnaz Shaikh December 13, 2024 Regis Industries Limited, a microcap Non-Banking Financial Company (NBFC), has announced its first-ever stock split. The company, listed on the Bombay Stock Exchange (BSE), aims to enhance liquidity and make its shares more accessible to investors by splitting the face value of its equity shares. Details of the Stock … Read more
By Shehnaz Shaikh December 13, 2024 Hindustan Aeronautics Limited (HAL shares) surged by 2% to ₹4,755 on Friday following the Defence Ministry’s announcement of a ₹13,500 crore deal to procure 12 Su-30MKI fighter jets. The contract is set to bolster India’s defense capabilities and promote the Aatmanirbhar Bharat initiative by increasing indigenous manufacturing. Key Highlights: The … Read more
Written by Shehnaz Shaikh December 13, 2024 The Indian stock market opened in the red today, with Sensex falling by 926 points to 80,363, a 1.14% drop, and Nifty declining 283 points to 24,265, marking a 1% decrease. Analysts attributed the dip to global uncertainties, including geopolitical risks and weakness in Asian and US markets. … Read more
Written by Shehnaz Shaikh December 12, 2024 Shares of Bajaj Housing Finance fell by 6% on Thursday, hitting a two-week low of ₹132.80. The decline comes as the three-month IPO lock-in period ended today, releasing 12.5 crore shares, or 2% of the company’s outstanding equity, into the secondary market for sale. Key Highlights Lock-In Period … Read more
Written by Shehnaz Shaikh December 12, 2024 The ₹2,500 crore Initial Public Offering (IPO) of Inventurus Knowledge Solutions (IKS Health), backed by the Jhunjhunwala family, has opened for subscription today, December 12, 2024. With its roots as a startup Business Processing Organization (BPO) in 2007, IKS Health IPO has since evolved into a prominent player … Read more
Written by Shehnaz Shaikh December 12, 2024 The Vishal Mega Mart IPO, a highly anticipated public offering by India’s leading hypermarket chain, entered its second day of bidding today. Backed by Kedaara Capital, the IPO has already garnered significant attention, with a 51% subscription on Day 1. Here’s a detailed breakdown of subscription status, grey … Read more
Written by Shehnaz Shaikh December 11, 2024 Mishtann Foods, a key player in the FMCG and agri-commodities sector, is back in focus after its stock jumped 9.2% on Wednesday, reaching ₹9.78 per share on the BSE. This recovery comes amidst high trading volumes and the company’s firm rebuttal of the allegations made by the Securities … Read more
Written by Shehnaz Shaikh December 11, 2024 | 2:30 PM IST Vedanta shares are showing strong bullish momentum today, with the stock trading at ₹516.65, up 3.3% from the previous close of ₹500.15. Here’s a detailed look at Vedanta’s live price updates, trading trends, and market performance. Key Highlights of Vedanta’s Trading Today 1. Current … Read more
Written by Shehnaz Shaikh December 11, 2024 | 11:00 AM IST Shares of Mishtann Foods Ltd. staged a strong recovery on Wednesday, snapping a three-day losing streak. The stock surged by 8.3% following a significant block deal worth ₹19.4 crore during early trading hours. Key Highlights Block Deal Details Deal Value: The block deal was … Read more