State-owned NTPC’s stock will continue to be watched on Friday after the firm revealed intentions to build a nuclear energy project in Bihar, which would be a major step in diversifying its non-fossil energy portfolio. During Thursday’s ‘Bihar Business Connect 2024’ meeting, NTPC Chairman and Managing Director Gurdeep Singh made the news. NTPC plans to … Read more
On December 18, Inventurus Knowledge Solutions’ shares made a great debut, closing at ₹1,900 on the NSE, a 43% premium, and ₹1,856 on the BSE, up 39.65%. Open from December 12 to December 16, the IPO, which had a valuation of ₹2,497.92 crore, had a price range of ₹1,265–1,329. On the grey market, the company’s … Read more
Doms Industries fell 4.33% to Rs 2923 after the company’s holding business, FILA, announced the sale of 4.57% of the company’s equity share capital under the accelerated bookbuilding process (ABB). FILA, an Italian stationery producer, would sell 27.73 lakh shares, or 4.57% of its investment, when the one-year lock-in period expires. Upon completion of the … Read more
The Karnataka government’s plan to tax mines and mining land put pressure on the shares of NMDC Ltd. and other steel businesses on December 18, according to CNBC. The majority of the sell-off was concentrated on National Mineral Development Corporation Limited, whose shares fell 6% to Rs 213.49 per by 12:30 pm, the largest decline … Read more
On Wednesday, December 18, 2024, the shares of cement company Sanghi Industries fell 12.35%, reaching a new 52-week low of Rs 67.42 per share. After the business announced on December 17 that the Board of Directors had approved the Scheme of Arrangement between Ambuja Cements Limited (Transferee business) and Sanghi Industries Limited (Transferor Company) and … Read more
After starting to cover Swiggy on Thursday, December 19, brokerage firm JPMorgan stated that the company’s shares, which have already increased by about 50% from their IPO price of ₹390, still have more space to run. With a target price of ₹730, the brokerage now has a “buy” rating on the food delivery aggregator. A … Read more
Mankind Pharma’s stock increased 2.3% during trading, reaching an intraday high of Rs 2,753 on the BSE. A day after the company’s qualified institutional placement (QIP) was launched, the stock was purchased at a floor price of Rs 2,616.55 per share. This is a 2.4% reduction from the closing price on Monday. According to its … Read more
Tuesday at about 10:45 AM (IST), Varun Beverages Ltd.’s shares were up 0.06 percent at Rs 646.05. In the last session, the stock had finished at Rs 645.60. During the same period, the equity benchmark Sensex moved 729.81 points at 81018.76. In the past year, the 30-share index has increased by 21.100000381469727 percent, while the … Read more
The shares of Toss The Coin Ltd, a marketing consulting services company, listed at a 90% premium to the initial public offering (IPO) price on Tuesday, December 17, marking a remarkable launch on the BSE SME platform. The company’s shares opened on the BSE for ₹345.8, down from the ₹182 issue price. Soon after listing, … Read more
NITCO reported that it had obtained an order from Prestige Estates Projects for the supply of tiles, marble, and mosaics for Rs 105.40 crore, which resulted in a 2.06% increase to Rs 142.65. On the BSE, shares of Prestige Estates Projects increased by 1.34% to Rs 1,854.80. Tiles, marble, and mosaic goods will be supplied … Read more
