Allied Blenders and Distillers IPO: The initial public offering of Allied Blenders and Distillers Limited has hit the Indian primary market today. The mainboard public issue will remain open for bidders until 27th June 2024, i.e., Thursday this week. The company has fixed Allied Blenders and Distillers IPO price band […]
Market
The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,580 level, a premium of nearly 25 points from the Nifty futures’ previous close. On Monday, the domestic equity indices ended with minor gains, with the Nifty 50 holding […]
Dividend stocks: Shares of Voltas Ltd, Tata Elxsi Ltd, Cera Sanitaryware Ltd, Alkyl Amines Chemicals Ltd, Bharat Parenterals Ltd, and Filtra Consultants and Engineers Ltd will be in focus when the stock market opens on June 25, Tuesday. The Board of Directors of the six companies had declared final dividends […]
European stocks were treading water on Monday, with French elections set for the weekend — an event that’s left investors in a world of uncertainty. The Stoxx 600 Index was largely unchanged by 8:14 a.m. in London, with autos leading gains while basic resources lagged. Miners were under pressure as […]
Eurofins Scientific SE plunged the most in more than two decades after the laboratory-testing company was targeted by Carson Block’s Muddy Waters Research. The shares fell as much as 25% in Paris trading, the steepest intraday decline since August 2003. The tumble wiped about €2.3 billion from Eurofins’s market value […]
Stocks struggled to gain traction as an almost $400 billion plunge in Nvidia Corp. raised speculation that the rally in the industry that has powered the bull market was due for a breather. While several industries outside the technology world advanced on Monday, Nvidia extended a three-day rout to more […]
Bank of Canada Governor Tiff Macklem reiterated that the country’s economy is headed for a soft landing, saying he expects the unemployment rate to rise but that a large increase isn’t needed to achieve the inflation target. On Monday, Macklem said Canada’s unemployment rate — which hit 6.2% in May […]
Oil prices rose slightly as expectations of robust summer fuel demand and escalating geopolitical tensions offset the impact of a stronger dollar, on Monday. Brent futures for August delivery increased by 53 cents to reach $85.77 per barrel, marking a 0.6% gain, as of 11:38 a.m. EST (1538 GMT). Meanwhile, […]
Allied Blenders & Distillers Limited on Monday said the company has raised nearly ₹449.1 crore from anchor investors ahead of its initial public offering (IPO) on Tuesday, June 25. According to an exchange filing, the liquor manufacturing company allocated 1,59,82,206 shares to anchor investors at ₹281 per share. Nippon Life […]
Shares of listed holding companies such as Pilani Investment and Industries Corp., Kalyani Investment Co. and Nalwa Sons Investments jumped as much as 20% on Monday, following a regulatory move that is expected to aid price discovery and increase liquidity. Holding companies typically hold various investments, including shares of other […]