The main business activity of Motherson Sumi Systems is the production and distribution of parts to original equipment manufacturers in the automotive industry. Motherson Sumi’s income statement for the fiscal year 2021–2022 revealed total revenue of Rs. 64,411.88 crore. During this time, the net income was Rs. 873.85 crore. Among the well-known figures in Motherson … Read more
Positron Energy IPO – The IPO for Positron Energy is scheduled to begin on August 12. A SME IPO called Positron Energy hopes to raise ₹51.21 crores through the offering. 600 shares make up the market lot for the Positron Energy IPO, which has a set price range of ₹238 to ₹250. For its first … Read more
The TBD Orient Technologies Mainline IPO is about to happen. This Mainline IPO will list on the BSE and NSE. Dates for the IPO’s opening and closing, price range, and lot size are still pending. Get all the information you need about the Orient Technologies Mainline IPO 2024, including the company overview, financial results, IPO … Read more
IPO for Aadhar Housing Finance is scheduled to begin on May 8. The Mainline IPO for Aadhar Housing Finance aims to raise ₹3000 crores. With a market lot of 47 shares, the Aadhar Housing Finance initial public offering (IPO) pricing range is set at ₹300 to ₹315. Loans for home remodeling and extension, commercial property … Read more
On Monday, August 12, the National Stock Exchange (NSE) prohibited trading in fifteen equities in the futures and options (F&O) segment due to their surpassing 95% of the market-wide position limit (MWPL). These equities will, nevertheless, be traded on the cash market. Every day, the NSE updates the list of securities that are prohibited from … Read more
In today’s trading, Adani Group stocks fell sharply following significant accusations made against SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, by US-based short seller Hindenburg. The claims caused only minor drops in the Adani Group equities, therefore the market did not react aggressively to them. The market’s reaction to Hindenburg’s initial accusations … Read more
According to announcements released Monday by the fund and the companies, BHP, Rio Tinto, and Qantas will contribute a combined A$80 million ($52.7 million) as early-stage investors in an Australian carbon credits fund that seeks to finance land restoration initiatives. Australian Carbon Credit Units (ACCUs) from reforestation programs will be generated and managed by Silva … Read more
India’s weight in the MSCI Emerging Markets Index is expected to increase by at least one percentage point after the index provider’s review this week, according to analysts from companies like IIFL Securities Ltd. and Smartkarma. This would put the nation nearly at China’s level, which presently occupies 22.33% of the benchmark. India has a … Read more
China’s bond market, the second largest in the world, is tense after a tumultuous week during which the central bank began to heavily intervene to stop a decline in yields despite the country’s weak economy. Still, ardent investors argue that the government bond bull market has legs because of the unstable economy in China, pressures … Read more
A holiday in Japan eliminated a source of recent volatility, causing global markets to slightly rise on Monday as the yen declined as investors anticipated economic data from China and the United States. Last week, the U.S. jobs report was disappointing, and the unwinding of a hugely popular Japanese yen trading technique contributed to a … Read more
