Sai Swami Metals & Alloys SME IPO to open on April 30, price fixed at Rs 60 per share

Stainless steel products maker Sai Swami Metals & Alloys Ltd will hit the capital market on April 30 to raise around Rs 15 crore from public investors. The initial public offering of the company will open for subscription on the SME platform of BSE on Tuesday and will close on May 3, the company said … Read more

Dalal Street minnows steal the show in FY24; give hefty returns to investors

The BSE mid-cap and small-cap stocks have outperformed the benchmark Sensex in 2023-24 with about 62 per cent returns, reflecting buoyant investors’ sentiment amid robust macroeconomic conditions in the country and impressive quarterly earnings reported by various firms. As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the … Read more

Mukka Proteins lists at 57% premium over IPO price; should you hold or sell for listing gains?

The shares of Mukka Proteins made a strong debut on the exchanges on Thursday, listing at a premium of 57% to the issue price. The stock listed at Rs 44 on the BSE and at Rs 40 on the National Stock Exchange, against its issue price of Rs 28. Ahead of the listing, the company’s … Read more

equity market: All in a year: Equity market investors turn richer by Rs 80.62 lakh crore in 2023

In a memorable year for the equity market, Dalal Street investors added a whopping Rs 80.62 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India’s strong macroeconomic fundamentals, political stability owing to the BJP’s success in recent elections in three significant states, … Read more