Latest Updates Around The World
Indian stock benchmarks opened strong in the special one-hour Muhurat trading session on Tuesday but gave up gains towards the end. During the session, Nifty and Sensex touched fresh 52-week highs but failed to maintain the bullish momentum. The 30-share BSE Sensex gained 63 points or 0.07% at 84,426, while the Nifty50 was at 25,868, […]
Shares of Dixon Technologies fell as much as 3.2% to Rs 16,150 on the BSE on Monday despite reporting a strong quarterly profit. Analysts from Motilal Oswal and JM Financial said the results confirmed the company’s growth trajectory, but warned that near-term margin pressure and the surge in new components could challenge near-term earnings. Dixon […]
Sify Infinit Spaces has filed concept papers with market regulator Sebi to launch the country’s first data center IPO, aiming to raise Rs 3,700 crore. The company, part of the Sify Group, operates one of India’s largest networks of data center colocation facilities. The IPO includes a fresh issue of shares worth Rs 2,500 crore […]
Mattress maker Duroflex has filed preliminary papers with capital markets regulator Sebi to raise money through an initial public offering (IPO), comprising a fresh issue of shares worth Rs 183.6 crore. Apart from the fresh issue, there is an offer for sale (OFS) of over 2.25 crore shares by promoters and existing investors, according to […]
Shares of newly listed Tata Capital are likely to be in the spotlight on Tuesday after the non-banking finance company made a solid but measured debut on Monday, trading 1.23% above its issue price and closing 1.4% higher on its first day of trading. Despite the muted start, analysts from Emkay Global and JM Financial […]
Canara HSBC Life Insurance Company’s initial public offering (IPO) worth Rs 2,517.50 crore entered its second day of bidding on Monday. By the end of Day 1, the issue was only 9% subscribed, while bids were received for 1.51 crore shares out of the total 16.67 crore shares on offer. The gray market premium (GMP) […]
