Shares of Enviro Infra Engineers have continued their remarkable ascent following a stellar market debut, reaching a record high of ₹318.90 on December 16, 2024. With a 15% surge over the last two trading sessions, the stock has gained over 115% since its IPO, making it a favorite among investors. Backed by marquee names like … Read more
The International Gemmological Institute IPO has taken the Indian primary market by storm. Opening on December 13, 2024, the IGI IPO aims to raise ₹4,225 crore, a combination of a fresh issue and an Offer-for-Sale (OFS). As of Day 2, the IPO is witnessing a steady subscription rate, with the retail portion fully subscribed and … Read more
The Vishal Mega Mart IPO has garnered immense interest from investors, and the Vishal Mega Mart IPO allotment process is now in the spotlight. The initial public offering (IPO) of Vishal Mega Mart Ltd, a leading hypermarket chain, closed on December 13, 2024, receiving an overwhelming subscription of 27.28 times. As investors eagerly await the … Read more
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
