CSM Technologies, supplier of digital transformation, GOVTech and IT Consulting Services, has submitted provisional articles to Markets Regulator Sebi to increase RS 150 Crore via a first public offer (IPO). The proposed IPO of the company established in Bhubaneswar includes a new issue of 1.29 Crore shares, without offer for sale (OFS). Market sources are […]
In the midst of increased trade tensions and market volatility, Emkay Global has identified a link of value and quality shares that it thinks could perform in the coming months. Birlasoft, Indusind Bank, Gujarat State Petronet and Oil India are among the best value bets based on their attractive valuations, improving profit growth, higher dividend […]
Precision components Maker Indo Mim has submitted provisional articles to Markten Regulator Sebi to raise funds via an initial public offer (IPO) that includes a new edition of shares of RS 1,000 crore. Apart from new problems, there would be an offer for sale (OFS) of 12.97 crore shares by shareholders, according to the concept […]
Logistics service provider Glottis said on Friday that it has mobilized a little more than RS 55 Crore from Anker investors, days before the first opening of the stock sales for the public subscription. LC Pharos Multi Strategy Fund VCC, Meru Investment Fund PCC-Cell 1, ABANS Finance, Sunrise Investment Opportunities Fund and VPK Global Ventures […]
The National Stock Exchange (NSE) of India said on Thursday that the registered investor base crossed 12 Crore on 23 September, which marked a milestone in the rapid expansion of retail participation by the country. Women now form one in four investors at the stock exchange. The total number of investor accounts, measured by unique […]
Indian markets may be due to a correction phase, but the ratings remain stretched, making new investments difficult, according to Raunak Onkar, research head and fund manager at PPFAS Mutual Fund. Speaking with et now, Onkar said that the fund house uses a “wait -and -see” approach and uses money selectively in areas such as […]
The Indian market finished lower on Tuesday and fell for a third consecutive session, with a profit in car manufacturers on the request of the festive season that wider losses that were fed by worries about a steep increase in the American H-1B visa costs did not compensate. The S&P BSE Sensex fell 0.07% to […]
Purple Style Labs, the parent company of the Luxury Fashion Platform Pernia’s Pop-Up Shop, has submitted provisional papers to Capital Markets Regulator Sebi to increase RS 660 Crore via a first public offer (IPO). The proposed IPO is entirely a new issue of shares without supply (OFS) component, according to the Draft Red Herring Prospectus […]
Although equity and debts are two different asset classes, Blue-Chip Nifty PSU shares Coal India now offers a juicy dividend yield of 7%, which is comfortable SBI’s highest FD securities of 6.45% for long-term investors looking for a regular income. Dividend yields, although not guaranteed such as bank FD payments, seem more attractive in a […]
Because markets are in a lateral movement in the past year, investors are not sure whether they should chase shares or play with debts safely. Nidhi Chawla from SBI Mutual Fund explains how the dynamic asset spreading allocation fund bends between 35% and 100% equity use of valuations, income and sentiment to ride Cycli without […]