50% of the net offer is allocated to qualified institutional buyers (QIBs), 35% to retail investors, and 15% to non-institutional investors as equity shares in the initial public offering (IPO). In 2015, the debenture trustee Beacon Trusteeship Limited was established. It offers trustee services in several domains, such as escrow, […]
Market
An impressive highlight of Life Insurance Corporation of India’s (LIC’s) FY24 performance was the big 330 basis points (bps) jump in the individual segment net value of new business (VNB) margin to 18.8%, even as the segment’s annualised premium equivalent (APE) remained almost flat at ₹38,433 crore. LIC therefore has […]
The stock has consistently hit its 2 percent upper circuit since March 14, 2024. This year so far, the stock has given negative returns in just 12 sessions. All 5 months of the current calendar year have been in the green for Royal India. It has jumped 45 percent in […]
HAL stock in focus as India, France to begin talks for ₹50,000-crore Rafale Marine fighter jet deal | Stock Market News ₹50,000-crore deal,Rafale Marine fighter jets,Indian Navy,defence acquisition wing”/> ₹50,000-crore deal,Rafale Marine fighter jets,Indian Navy,defence acquisition wing”/> Source link
The Midcap index underperformed the Nifty 50, with the Nifty Midcap 50 closing 0.81% lower. Similarly, small cap stocks also underperformed, with the Nifty small cap 100 ending at 17019.65, down by 144.05 points and 0.85% lower. The Nifty 50 has given the following returns: – In the last 1 […]
The Indian stock market indices, Sensex and Nifty 50, are trading flat with a negative bias on Tuesday dragged by selling in banks, realty and energy stocks. Broader markets underperformed the frontliners as the midcap and smallcap indices were down more than half a percent each. The benchmark Nifty 50 […]
This move is attributed to multiple factors, including high valuations in the Indian market, a shift in investment focus towards China and Hong Kong due to their comparatively lower valuations, delays in anticipated interest rate cuts by the US Federal Reserve, rising US bond yields, heightened tensions in the Middle […]
Revenue increased by 12.2%, 16.9%, and 3.5% in FY24 for the consumerware, writing instruments, and molded furniture businesses, respectively. For consumer goods, the quarter-over-quarter volume rise was 7-8%; for writing instruments, it was 11%; and for molded furniture, it was 18%. Also Read: Lok Sabha elections 2024 trading: Kripashankar Maurya […]
Krystal Integrated Services share price jumped over 5% on Tuesday’s session after the firm reported its Q4 results. For the quarter that ended March 31 (Q4FY24), the company’s consolidated profit after taxes (PAT) surged 70.3% on year to ₹15.7 crore from ₹9.2 crore in Q4FY23. The facility management and security […]
Shares of RAJRATAN GLO, BLB, Delphi World Money, GSS Infotech, KRBL hit their fresh 52 wk lows today. Nifty 50 was up by 51.7(0.23%) points and Sensex was up by 119.88(0.16%) points at 28 May 2024 10:59:55 IST. Bank Nifty was up by 38.05(0.08%) points at 28 May 2024 10:44:56 […]