The share price of Sarvotech Power Systems rallied over 3.79 per cent on Wednesday’s trading session. The stock closed at ₹124 on July 31, against previous close at ₹119.47. The stock jumped after the company posted a 9 per cent increase in consolidated profit after tax to ₹4.48 crore for […]
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On its second bid day, investors are responding favourably to Akums Drugs and Pharmaceuticals’ initial public offering, which comes as the Nity 50 is about to reach 25,000 levels in a bull market. Akums Drugs and Pharmaceuticals IPO subscription status is 4.43 times, according to BSE data. The price band […]
Shares of Tata Group’s Trent surged over 5 percent on Wednesday, reaching a new high and extending rally. The stock has gained more than 13 percent in 8 sessions. The rally is driven by market speculation that Trent will be included in the Nifty 50 index during the upcoming September […]
Axis Securities has initiated coverage on India’s food delivery giant Zomato with a buy call. The target price is pegged at ₹280, implying a 22 per cent upside potential from the stock’s July 31 closing of ₹229.50 on the BSE. Zomato share price closed 1.01 per cent higher on the […]
Ceigall India IPO opens for subscription on tomorrow (Thursday, August 1). Established in 2002, Ceigall India Ltd is a construction business that specialises in specialised structural projects, such as flyovers, bridges, elevated roadways, tunnels, highways, expressways, and runways. The company was founded in the railway industry. The business finished more […]
Shares of IndiaMART InterMESH plunged more than 8 percent in intra-day trading on Wednesday after the company reported a significant drop in subscriber additions for the quarter ending June 2024 (Q1FY25). The company added only 1,500 subscribers in Q1FY25, far below analysts’ expectations, compared to 2,683 subscribers in the March […]
Akums Drugs IPO subscription status: The initial public offer of Akums Drugs and Pharmaceuticals continues to see strong responses from investors on its second bid day amid the Nity 50 poised to hit 25,000 levels in a bull market. At 14:03 IST, Akums Drugs and Pharmaceuticals IPO subscription status is […]
Mint explains why Sebi is concerned with the rising trade volumes, the measures it plans to take, and the impact of these steps. What are derivatives? Derivatives are financial contracts that derive their value from an underlying asset. Derivatives are of two types – futures and options contracts. They help […]
The increase in short-term and long-term capital gains taxes added to the volatility. During the week, as many as 132 small-cap stocks delivered double-digit weekly returns, with eight of them offering over 25% returns. Despite the volatility induced by the budget, the market has now recovered its losses, driven by […]
Balu Forge share price gained over 2% on Wednesday after the company delivered strong Q1 results. The Ashish Kacholia portfolio stock Balu Forge shares extended gains for the fifth consecutive session, rallying more than 21% in one week. Precision engineering and manufacturing company Balu Forge Industries reported a net profit […]