Shares of retailer Kalyan Jewelers India hit the 10% upper limit on BSE, rising to Rs 417.75 after the jeweler’s blockbuster third-quarter profit triggered a flurry of bullish brokerage calls with price targets as high as Rs 750, a potential upside of 80% from current levels.The shares remained stuck after the company reported a staggering […]
Rekha Jhunjhunwala, custodian of one of India’s most influential investment portfolios, saw her notional wealth in Titan Company swell by about Rs 739 crore within minutes on Wednesday as the stock rose nearly 5% after the company’s strong Q2 update. Titan shares rose as much as 4.7% to Rs 3,577.95 on the BSE after the […]
Canara HSBC Life Insurance Company will launch its first public offer on 10 October. The IPO, which will be fully an offer for sale (OFS) of 23.75 crore shares, will be closed on October 14. The company will assign part of the IPO shares to investors a day prior to the launch. The price band, […]
Realty developer Eldeco Infrastructure and Properties LTD based on Haryana has submitted his Concept Red Herring Prospectus (DRHP) to Capital Markets Regulator, Securities and Exchange Board of India (Sebi) to raise funds via a first public offer. The issue consists of a mix of new problems of shares with a value of RS 800 Crore […]
Facility Management Services Provider, BVG India has submitted its provisional articles to Markets Regulator Sebi to raise funds via an initial public offer (IPO) that a new edition of shares of RS 300 Crore and Ans. According to the Sales offer (OFS), existing shareholders will release 2.85 crore shares shares, according to the Red Herring […]
Runwal Developers, Real Estate Company Runwal has submitted its concept documents to Markten Regulator Sebi for increasing RS 2,000 crore through its first public offer (IPO). The first public offer of the Mumbai -based company consists of a new edition of shares worth RS 1,700 crore and an offer for sale (OFS) component of RS […]
Precision component manufacturer AEQUS Limited has submitted an updated Haring Prospectus concept (UDRHP) to Market Regulator Securities and Exchange Board of India (SEBI) to launch its initial public offer (IPO). The company plans to increase RS 720 Crore by issuing new shares. The IPO also includes an offer for sale (OFS) of a maximum of […]
Mumbai: JM Financial and two other entities have arranged a case of violation of the securities legislation with the Securities and Exchange Board of India (Sebi) by paying £ 1.9 crore as a settlement amount. The other two entities are JM Financial Services (Stock Broker) and JM Financial Products (Non-Banking Finance Company). They have also […]
NetWeb Technologies has more than doubled in just six months, with 115% as a series of order profits, the digital push of the government and the story of the data center of India have drawn renewed buying interest. The sharp movement has now let investors ask if the rally has more legs. Brokers believe that […]
Market regulator Securities and Exchange Board of India (Sebi) has given approval for the first public offers (IPOs) of Bharat Coking Coal Limited and AEQUS Limited. While Bharat Coking received observations on September 19, AEQUS received the approval of Sebi on September 18. Bharat Coking Coal IPO Coal India submitted the Red Herring Prospectus (DRHP) […]