Muskan 
Rajesh Power Services Ltd.’s shares had a successful launch on the BSE SME platform on Monday. At a premium of 90% over the issue price of Rs 335, the stock was listed at Rs 636.50 a share on the BSE’s small and medium businesses platform. Following a successful listing, the stock continued to rise and … Read more
The offer had a great response, with 18 subscriptions made before it concluded on November 29. It is anticipated that the allocation for the Abha Power and Steel IPO would be finalized today. As attention turns to listing, follow these procedures to check the progress of your allocation online and GMP.Wednesday, December 4, 2024 was … Read more
Morgan Stanley bought more than 6.7 lakh shares of Niyogin Fintech for Rs 3.74 crore in a block sale on Tuesday, putting the company’s stock in the limelight on Wednesday. A share of the stock was bought for Rs 55.65. Think India Opportunities Master Fund LP, the seller in the deal, sold the same quantity … Read more
Major player in renewable energy Waaree Energies Ltd. stated in an exchange filing on Tuesday that it has obtained an order from a “renowned customer” involved in the development and operation of renewable power projects in India for the supply of modules up to 600 MWp. One of India’s top developers of renewable energy projects … Read more
UltraTech Cement Ltd. issued non-convertible debentures on Tuesday, raising Rs 1,000 crore. According to an exchange filing, the board authorized the private placement allocation of unsecured redeemable NCDs. The bond has a 7.22% coupon rate and a 10-year maturity. Last week, the board authorized the issuance of fully paid, unsecured, listed, rated, redeemable, rupee-denominated, non-convertible, … Read more
The Delhi High Court affirmed the Solar Energy Corporation’s ruling, which prohibited Anil Ambani’s Reliance Power and its subsidiaries from bidding on solar projects for three years. This caused the share price of Reliance Power to jump by more than 3% in morning trading on Wednesday. The stock was up 1.19 rupees, or 3.28%, from … Read more
The third runway at Hong Kong’s airport formally opened for business on Thursday, but for at least another year, there won’t be much more aircraft capacity. The city’s Civil Aviation Department has released documents indicating that aircraft movement will only increase by 4% during the upcoming summer season, which runs from March to October 2025. … Read more
Ola Electric shares rose 9% to an intraday high of Rs 83.70 on the NSE today, following the debut of two new electric scooter ranges priced at Rs 39,000 each, making them the most inexpensive offers in Ola’s lineup. The two new scooter models, called the Ola S1 Z and Gig, are the most reasonably … Read more
Vedanta Resources Ltd. (VRL) issued two sets of bonds worth up to $1.25 billion on Tuesday, with a 3.5-year term at 10.25% and a 7-year term at 11.25%. This put Vedanta shares in focus. The company’s existing 13.875% notes, which mature in 2028, are reportedly going to be refinanced with the money. The bond was … Read more
The largest private lender in India, HDFC Bank Ltd., saw its shares soar to a record high on Monday, November 25, when the second tranche of the MSCI revisions entered the market. Monday’s high of ₹1,803 was higher than the previous high of ₹1,794 reached on July 3, the day the lender revealed its June … Read more
