NSE has suspended trading in Brightcom Group shares with effect from June 14, 2024, after the company failed to declare its quarterly earnings for two consecutive quarters ending September 30, 2023, and December 31, 2023. The suspension comes in accordance with market regulator Securities and Exchange Board of India (Sebi) Master Circular of July 11, … Read more
Shares of Bharti Airtel on Wednesday surged 2% on BSE to the day’s high of Rs 1,312.80 even after the telecom major reported a 31% year-on-year (YoY) fall in its consolidated net profit to Rs 2,072 crore for the fourth quarter, while the revenue from operations increased 4% to Rs 37,599 crore against Rs 36,009 … Read more
After a healthy response to the IPO, the shares of Aadhar Housing Finance listed on the exchanges today at Rs 314.3, a marginal discount of 0.22%, on BSE. Ahead of the listing, the company’s traded with a premium of Rs 50 in the unlisted market The company boasts of highest assets under management (AUM) within … Read more
Jamnagar-based Winsol Engineers on Tuesday received the highest premium on listing so far this year, mostly in-line with expectations. The stock debuted with a massive premium of nearly 387% over the issue price on Tuesday, making it one of the best listings seen in the recent past. Before the debut of Winsol, only two companies … Read more
Domestic indices staged a dramatic rebound on Monday to settle higher, helped by buying at the fag-end. The 30-share BSE Sensex rose 111 points at 72,776 and the Nifty rose 48 points to 22,104.05. Stocks that were in focus include names like Varun Beverages, which rose 0.73%, BEML, which increased 14.5%, and Piramal Pharma, whose … Read more
The shares of Indegene will list on the exchanges on Monday and the unlisted market trends indicate robust listing gains for allotted investors. The company’s shares are trading with a GMP of Rs 290 in the grey market, and considering the upper price band of Rs 490, the stock is expected to list with a … Read more
Bengaluru-based insurtech start-up Go Digit General Insurance on Friday announced that its Rs 2,615 crore IPO, which will open on May 15 and close on May 17, will have a price band of Rs 258 to Rs 278 per share. The IPO comprises a fresh issue of shares worth Rs 1,125 crore and an offer … Read more
Mumbai: Shares of the National Stock Exchange surged by more than 25% in the unlisted market this week following a 4:1 bonus announcement last Friday. According to brokers dealing with the unlisted shares, the stock was trading at around ₹4,300-4,400 last week and is currently trading in the ₹5,400-5,800 range. At ₹5,500, NSE is valued … Read more
Bengaluru-based insurtech start-up Go Digit General Insurance on Thursday announced that its IPO will open on May 15 and close on May 17. The issue comprises a fresh issue of shares worth Rs 1,125 crore and an offer for sale (OFS) of 54,766,392 shares, according to the draft prospectus. In the IPO, promoter Go Digit … Read more
Shares of TVS Motor Company surged nearly 6% on Thursday on BSE to the day’s high of Rs 2,121.30 as the company reported an 18% year-on-year (YoY) increase in standalone net profit to Rs 485.43 crore for the fourth quarter ended March 31, 2024. TVS Motor Company’s revenue from operations in the quarter under review … Read more
