Medicamen Organics, which manufactures, and distributes pharmaceutical dosages, launched its initial public offerings (IPO) on June 21. The small and medium enterprise (SME) was subscribed over 40.25 times on the first day of subscription. The issue has allocated 584,000 shares (18.84%) to Qualified Institutional Buyers (QIB), 440,000 shares (14.19%) to […]
Gold prices were set for their second consecutive weekly gain on Friday as demand increased due to expectations surrounding U.S. Federal Reserve interest rates. Meanwhile, palladium, used in auto-catalysts, surged over 8%. Spot gold was down 0.2% at $2,354.86 per ounce as of 09:31 a.m. ET (1331 GMT). Despite this […]
The Nifty Auto index settled 0.69 per cent lower at 25,092.30 on Friday, June 21, against the domestic benchmark Nifty 50 which closed 0.28 per cent lower at 23,501.01 succumbing to profit booking after hitting all-time highs. However, the frontline indices locked in a third straight week of gains powered […]
After the Lok Sabha elections, all investors are now eagerly waiting for the announcement of the full budget, which is likely to be presented in the third week of July. Meanwhile, the finance minister conducted pre-Budget consultations with leading experts from the financial and capital markets sector in New Delhi, […]
The index posted a weekly gain of 3.32%, marking its best weekly performance in CY24 so far. The index’s previous best weekly performance was recorded in December, with a gain of 5.46%. Among the top gainers in the index during this week was Bandhan Bank, which finished with a gain […]
Brokerage firm Choice Broking’s executive director Sumeet Bagadia has picked Tata Chemicals stock to buy on Yoga Day 2024, with an upside potential of over 14 per cent. Assigning ‘buy’ rating to the Tata Group stock, Bagadia has given the target price of ₹1270/1320. “TATACHEM is presently trading at ₹1130. […]
Before that, the stock had risen by 2.6 percent in April but faced losses in the first three months of the year. It declined by 3.3 percent in March, 5.8 percent in February, and 12.3 percent in January. Overall, in 2024, the stock has declined 13 percent while it has […]
During this period, the company’s shares have grown from ₹2,533 apiece to the current market price of ₹5,061, resulting in a gain of 100%. Notably, the company finished 6 out of 7 months in positive territory, with December witnessing the largest monthly gain with a return of 22%. Also Read: […]
Stanley Lifestyles IPO: The Initial Public offering by Stanley Lifestyles Ltd that opened for the subscription of investors, today i.e Friday June 21, 2024 will be available for subscription till Tuesday ,25 June, 2024 Here are 10 key risks from the RHP to know before investing 1.Stanley Lifestyles does not […]
In comparison to the Nifty 50, the Nifty Midcap 50 closed 0.05% higher, while the Nifty Small Cap 100 ended at 18266.45, down by 31.4 points and 0.17% lower. In terms of returns, the Nifty 50 has performed as follows: – In the last 1 week: 0.05% – In the […]