Latest Updates Around The World
Tenneco Clean Air India’s Rs 3,600-crore IPO entered its second day of subscription after being 42% subscribed on day 1. The issue received bids of Rs 2.77 crore against 6.66 crore shares on offer.The IPO has generated strong interest in the gray market, with the gray market premium (GMP) rising to around 21.5%, up from […]
Lenskart Solutions is all set to make its stock market debut, with its initial public offering (IPO) opening for public subscription tomorrow, October 31. In gray market trading, the IPO premium has fallen sharply, from 27% just a few days ago to around 11.9%, based on the issue price of Rs 402 per share. While […]
The Indian market ended lower on Tuesday as broad profit-taking dragged the Sensex and Nifty lower, offsetting strength in public sector metals and banking stocks. Consumer and IT stocks led the decline, while metal stocks rose on optimism over a possible US-China trade deal, and PSU banks advanced on reports that the government may raise […]
Shares of Punjab National Bank (PNB) are expected to remain in focus during Muhurat Trading after the state-run lender said it will take an estimated hit of Rs 9,000 crore if it moves to the Reserve Bank of India’s new expected credit loss (ECL) framework by 2031. The disclosure makes PNB one of the first […]
HFCL shares will be in focus on Thursday, October 9, after the company announced that it has bagged significant export orders worth around $34.19 million (approximately Rs 303.35 crore) for supply of fiber optic cables. The orders have been awarded to HFCL’s wholly owned overseas subsidiary by a renowned international client. “We are pleased to […]
