Eyewear retailer Lenskart Solutions made a volatile market debut on Monday, trading below its IPO price but quickly rebounding above 3% intraday as investors weighed steep valuations against its dominant position in India’s fast-growing eyewear market. The stock opened at Rs 390 on the BSE, a 3% discount to the issue price of Rs 402, […]
After receiving a healthy response from investors, Billionbrains Garage Ventures, better known as Groww, will complete allotment of shares for its IPO worth Rs 6,632 crore on Monday. Investors can check their allotment status online once the process is completed by the registrar, MUFG Intime India.The IPO, which started on November 4 and closed on […]
The Indian market was closed on Wednesday for a holiday. On Tuesday, the Sensex and Nifty closed lower, continuing their losing streak after a lull on Monday amid sharp declines in IT, auto and metal stocks. The Nifty closed at 25,597.65, down 165.70 or 0.64%, while the 30-share Sensex settled at 83,459.15, down 519.34 points […]
Lenskart Solutions completed its IPO worth Rs 7,278 crore on November 4, attracting strong interest from investors. The eyewear group received bids for 281.9 crore shares against 9.97 crore shares on offer, amounting to a subscription of 28.2 crore. The allotment basis will be finalized on November 6 and investors can check their allotment status […]
India’s top 10 dividend-paying stocks have failed to meet investors’ return expectations, underperforming not only the benchmark returns of the BSE Sensex and Nifty, but also the sector. Half of these counters are down double digits, down as much as 28% over a one-year period.At 7.5%, MSTC tops the list when it comes to dividend […]
Traders are keeping an eye on stocks across sectors as technical conditions and improving earnings momentum continue to support market sentiment. Stocks like Aditya Birla Capital, Aurobindo Pharma, BSE, BPCL, Bharat Electronics and UPL are showing signs of strength, with analysts noting fresh breakouts, higher highs and open interest additions in the November range. ADITYA […]
Bharat Electronics Ltd (BEL) on Friday reported an 18% year-on-year increase in standalone profit after tax (PAT) to Rs 1,286.13 crore for the July-September quarter of FY26, compared to Rs 1,091.27 crore in the same period last year. Navratna Defense PSU’s revenue from operations rose 25.75% year-on-year to Rs 5,763.65 crore, compared to Rs 4,583.41 […]
The euphoria in the headline masks an uncomfortable truth: this rally is a party with a selective guest list. While the Sensex and Nifty have already hit 52-week highs, the broader market is lagging behind, leaving both retail and institutional investors grappling with FOMO as their portfolios fail to reflect the boom. The BSE Smallcap […]
Indian shares rose on Wednesday, with the Sensex and Nifty closing within 1% of record highs, as investors positioned for an expected rate cut by the US Federal Reserve and optimism over a possible trade truce between the US and China boosted sentiment. The S&P BSE Sensex rose 0.44% to 84,997.13, up 368.97 points, while […]
Shares of Adani Energy Solutions will be in focus on Tuesday, October 28, after the company reported a 21% year-on-year decline in consolidated net profit for the quarter ended September 2025 (Q2FY26). Net profit stood at Rs 534 crore, compared to Rs 675 crore in the same quarter last year. Despite the decline in profits, […]