Stock markets end higher after lowering the American Fed rate; Pay attention to running for the third day

File photo: Tata Motors, Trent, Bajaj Finance and Asian paint were to the backlog at Sensex The stock markets closed higher for the third consecutive day on Thursday, whereby the Benchmark Sensex achieved 320 points to finish above the level of 83,000 after the American Federal Reserve has reduced its most important interest rate by […]

Where Energies vs Premier Energies: which new energy bet now looks stronger for your portfolio?

While India insists on reducing its solar capacity in triple and dependence on coal by 2030, YES Securities believes that true energies and prominent energies, the twin flakes of the clean energy transition in the country, are best placed to capture this growth and target prices with “sale” calls. The brokerage, however, sees the larger […]

IPO-related EVALFE-INFOSOLUIGHTS Increases RS 168 Crore from Anker Investors

Creador-Struggled Ivoue Infosolutions collected RS 168 Crore from Anchor Investors on Wednesday, one day before the first opening of stock sales for the public subscription. ICICI PRUDENTIAL MUTUAL Fund (MF), UTI MF, Societe General, Bengal Finance and Investment and Citigroup Global Markets Mauritius belong to the anchor investors, according to a circular uploaded on the […]

Ashish Kacholia is investing in the anchor round of Euro Pratik Sales’s RS 135 crore for IPO

The sale of Euro Pratik has mobilized RS 135 Crore from Anker investors prior to its initial public offer (IPO) that will open for subscription on 16 September. The company has assigned 54.6 Lakh shares to various selection framework investors under the anchor book. The list contains 360 One Group, Pine Bridge Global Fund, Motilal […]

DEV Accelerator IPO allocation to be completed today. Check the status, GMP and other details

The RS 143 Crore IPO from DEV Accelerator (DEVX), one of the fastest growing co-working and managed Office providers in India, closed on a blockbuster memorandum on 12 September with a subscription of 64 times. The allocation will be completed on 15 September, with repayments and Demat credits on 16 September. The shares will debut […]

Shringar House of Mangalsutra IPO allocation soon. Check GMP, status and other details

Shringar House of Mangalsutras RS 400.95-CRORE Initial Public Offer (IPO) packed on 12 September with heavy demand, because the three-day problem was subscribed more than 60 times. The IPO has offered for nearly 103 Crore shares against the 1.70 Crore shares offered, according to NSE data. The quota of employees was subscribed to about 70 […]

Urban Company IPO allocation status that must be completed soon. Check GMP and other details

The first public offer (IPO) from Urban Company raised a strong question on Friday 12 September and closed with a subscription of 103.6x. The majority of the bids came from qualified institutional buyers (QIBs) and non-institutional investors. The problem of RS 1,900-crore was open on 10 September in the price band of RS 98-103 per […]