On Tuesday, October 15, 2024, subscriptions for Hyundai Motor India’s much awaited mainboard initial public offering (IPO), one of the country’s top automakers, will be accepted. Bids from investors for the shares can be placed until Thursday, October 17, 2024. The company is anticipated to go public on the stock exchange on October 22, 2024. … Read more
When Finance Minister Nirmala Sitharaman approved Hindustan Aeronautics’ (HAL) elevation to Maharatna Central Public Sector Enterprise (CPSE) status on Saturday, the company’s shares surged 2% to the day’s high of Rs 4,545.90 on the BSE. The Inter-Ministerial Committee (IMC), headed by the Finance Secretary, and the Apex Committee, headed by the Cabinet Secretary, had both … Read more
Shares of recently listed Bajaj Housing Finance fell as high as 5.27% to ₹142.85 apiece on the BSE during morning trade on Monday, October 14. This is because the company’s initial public offering (IPO) lock-in period is ending today. A specified amount of shareholders, promoters, and insiders are prohibited from selling their shares for a … Read more
Monday’s opening session saw a nearly 9% decline in shares of Avenue Supermarts, the company that owns and runs D-Mart stores, following the chain’s disappointing September quarter earnings release. In July-September, the company run by Radhakishan Damani saw a slow growth rate due to a decrease in store productivity and a rapid expansion of quick … Read more
Using mutual funds to diversify your stock and asset mix portfolio is a wise way to reduce the risk of excessive stock volatility. In the second quarter (Q2) of FY25, mutual funds made significant portfolio adjustments, increasing their ownership of a number of large-cap stocks included in the Nifty200 index. These equities, which saw a … Read more
Long unwinding refers to a scenario in which the stock price falls alongside a decrease in futures open interest. In Friday’s trading session, five stocks saw a lengthy unwind. Here is the list: List of Stocks saw a Lengthy Unwind: OI change on October Change in stock price Axis Bank -1.81% -0.96% ICICI Bank -1.45% … Read more
Sudarshan Chemical Industries’ stock price rose 20% in October 11 trading after the company announced the acquisition of Heubach’s global pigment business for Rs 1,180 crore through its subdivision. On the NSE, Sudarshan Chemical shares rose 20% to reach a new 52-week high of Rs 1,217.50 per share. Heubach Colorants India also surged, gaining almost … Read more
On Wednesday, the shares of NeoPolitan Pizza and Foods will make their debut on the BSE SME platform. The company’s shares were trading on the grey market with a GMP of Rs 0 before to the listing. A flat to negative listing is anticipated for the stock, given the upper price range of Rs 20. … Read more
en stocks exceeded 95% of the market-wide position limit (MWPL), and as a result, the National Stock Exchange (NSE) banned trading in the futures and options (F&O) sector on Thursday, October 10, 2024. Despite the F&O restriction, these stocks can still be traded in the cash market. Based on their position restrictions, the NSE updates … Read more
Many Indian investors who track the market’s moneymakers behave like adoring fans of their idols. The major names, the blue chips with their impressive profits, are implicitly trusted. Recently, when researching the most profitable companies in India, I discovered something. This list included companies like Colgate-Palmolive (India) Ltd., Nestle India, Hindustan Unilever Ltd., and Tata … Read more
