Electric vehicle maker Ola Electric has received approval from markets regulator Securities and Exchange Board of India (SEBI) to raise funds via initial public offerings (IPO), according to a report by Moneycontrol. This development occurs as EU cracker capacity is shutting down and margins remain weak. The stock has increased […]
Shares of GAIL India rose by 3 per cent to ₹214 during afternoon trading on June 11, following Morgan Stanley’s reaffirmation of its ‘buy’ rating on the stock. This comes after GAIL’s announcement of a ₹60,000 crore investment in a 1,500 KTA ethane cracker project in Madhya Pradesh. The international […]
The United Cotfab IPO price band has been fixed at ₹70 per equity share with a face value of ₹10 apiece. The United Cotfab IPO will kickstart its subscription on Thursday, June 13, and close on Wednesday, June 19. The United Cotfab IPO lot size consists of 2,000 shares. The […]
Continuing their upward streak for the fifth consecutive trading session, Whirlpool of India shares surged 3.3%, hitting a 22-month high of ₹1,760 apiece. This rally has resulted in a 15.50% gain for the stock in the current month and a 45.33% increase from the March 2024 low of ₹1,211 apiece. […]
Stock market today: Anil Ambani-owned Reliance Power share price has been on an uptrend for the last one week. In this period, Reliance Power share price has risen nearly 22 percent. Reliance Power share price today opened with an upside gap at ₹27.99 apiece on NSE and touched an intraday […]
Modi cabinet 2024: After the formation of the Modi 3.0 government in New Delhi and Nirmala Sitharaman being retained as Finance Minister, the market is expecting continuity of the business and economic policies for the next five years. From the Indian stock market, investors must have their fingers crossed that […]
Wardwizard Innovations & Mobility, one of the leading manufacturers of electric two-wheeler and three-wheeler vehicles in India, witnessed its shares surge for the fifth consecutive trading session on Tuesday, jumping by an additional 19% to hit a 5-month high ₹75.25 per share, resulting in a cumulative gain of 54% in […]
Gold rates today continue to remain under the sell-off heat as investors keenly anticipate the outcome of the highly influential US Fed meeting, which is commencing today. The gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened lower at ₹71,251 per 10 gm and touched […]
Hindustan Construction Company share price (HCC) surged over 8% on Tuesday’s session after domestic brokerage Elara Capital initiated coverage with a buy recommendation, believing that the company has the ability to reclaim its former glory. Elara set a target price of ₹63 per share on HCC, indicating a 54% rise from […]
ixigo IPO day 2: The initial public offering (IPO) of ixigo, which opened on 10th June 2024, has received a robust response from primary market investors. The public issue worth ₹740.10 crore will remain open till 12th June 2024. The company has fixed the ixigo IPO price band at ₹88 […]