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Ixigo's IPO Triumph: Ixigo's great listing, listed at ₹135 with 45% premium

Ixigo's IPO Triumph: Ixigo's great listing, listed at ₹135 with 45% premium

Tue, Jun 18, 2024

Great listing of Ixigo, issue price ₹93. Listed on BSE at ₹135 with around 45% premium. Listed on NSE at ₹138.10 with 48.50% premium

Ixigo IPO Listing: Buy, Sell, Or Hold? What Investors Should Do After Listing? Anil Singhvi's Take

Ixigo IPO Listing: Buy, Sell, Or Hold? What Investors Should Do After Listing? Anil Singhvi's Take

Tue, Jun 18, 2024

Ixigo IPO will be listed today, issue price: ₹ 93 per share. At what price will Ixigo be listed? What should investors do in Ixigo after listing? Know the opinion of Anil Singhvi.

BEML shares surge over 9% after fresh order from Northern Coal Fields - Check details

BEML shares surge over 9% after fresh order from Northern Coal Fields - Check details

Fri, May 17, 2024

BEML Share Price Target NSE, BSE; BEML Dividend 2024: The Railway PSU stock opened at Rs 3706.25, a gain of around Rs 6 from the previous close of Rs 3,699.95 on the BSE.

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Aurobindo Pharma launches HIV triple combination product for children

Aurobindo Pharma launches HIV triple combination product for children

Thu, Aug 17, 2023

The generic drug has received tentative approval from the USFDA under the US President's Emergency Plan for AIDS Relief (PEPFAR) Programme. The drug will be used in the treatment of children aged three months or older between 6-25 kg in weight in the low and middle income countries, including India.

Lupin shares hit fresh 52-week high on the back of drug launch and USFDA approval

Lupin shares hit fresh 52-week high on the back of drug launch and USFDA approval

Thu, Aug 17, 2023

Pharmaceutical company Lupin has hit a new 52-week high price on the back of the launch of its generic drug to combat Chronic Obstructive Pulmonary Disease (COPD) as well as receiving approval from USFDA for another drug.

Hero MotoCorp shares under radar after company discloses Munjal family settlement agreement

Hero MotoCorp shares under radar after company discloses Munjal family settlement agreement

Wed, Aug 16, 2023

The company said that the Munjal family agreement pertained to 2016 and there has been no change in the management or control of Hero MotoCorp at present. The agreement was executed between then promoters-- late Santosh Munjal, Renu Munjal, Suman Kant Munjal, Pawan Munjal and Sunil Kant Munjal.

Ashok Leyland acquires OHM Global Mobility, to invest Rs 300 crore

Ashok Leyland acquires OHM Global Mobility, to invest Rs 300 crore

Wed, Aug 16, 2023

OHM Global Mobility becomes a 100 per cent subsidiary of Ashok Leyland and would house all its future E-MaaS business to bring greater focus. Ashok Leyland’s existing E-MaaS contracts will be transferred to OHM, subject to necessary approvals.

VIP Industries MD Anindya Dutta steps down, shares up 3%

VIP Industries MD Anindya Dutta steps down, shares up 3%

Wed, Aug 16, 2023

Neetu Kashiramka has been appointed as MD designate and CFO. She will take over as the MD and CFO of the company from November 14, 2023, for a period of three years.

City Union Bank tanks over 6% to near 52-week low after mixed Q1 financial results

City Union Bank tanks over 6% to near 52-week low after mixed Q1 financial results

Mon, Aug 14, 2023

The bank reported a marginal 1 per cent growth in standalone profit at Rs 227.3 crore in June quarter as against Rs 225.1 crore in the year-ago period. Its net interest income declined 0.45 per cent to Rs 522.5 crore in the June quarter as against Rs 524.9 crore in the corresponding period in preceding fiscal.

USFDA concludes inspection at Lupin’s Madhya Pradesh unit with no observations, stock gains over 2%

USFDA concludes inspection at Lupin’s Madhya Pradesh unit with no observations, stock gains over 2%

Mon, Aug 14, 2023

In July, the pharma company announced that the US drug regulator inspected its Nagpur oral solid dosage facility from July 3 to July 11, 2023. The inspection was closed with the issuance of a Form-483 with two observations.

Muthoot Finance shares plunge 8% on disappointing Q1 results

Muthoot Finance shares plunge 8% on disappointing Q1 results

Mon, Aug 14, 2023

Muthoot Finance’s profit rose 21.6 per cent to Rs 975.1 crore during the quarter under review as against Rs 802 crore in the year-ago period. For Q1FY24, the company’s standalone net interest income (NII) jumped 23 per cent to Rs 1,894 crore compared with Rs 1,540 crore a year ago.

Adani Ports SEZ shares decline more than 3% as Deloitte resigns as statutory auditor

Adani Ports SEZ shares decline more than 3% as Deloitte resigns as statutory auditor

Mon, Aug 14, 2023

APSEZ announced the appointment of MSKA & Associates as the new auditor. The resignation by Deloitte came weeks after the consultancy and tax advisory firm raised concern over certain transactions that were highlighted in a report by Hindenburg Research.

SpiceJet shares volatile ahead of earnings announcement today

SpiceJet shares volatile ahead of earnings announcement today

Mon, Aug 14, 2023

Earlier, Spicejet was to announce its earnings for the fourth quarter of the previous fiscal year ended March 2023 (Q4 FY23) and the first quarter of the current fiscal year ended June 2023 (Q1 FY24) on Friday.

RedTape lists on stock exchanges after demerger from Mirza International, shares nearly double in value

RedTape lists on stock exchanges after demerger from Mirza International, shares nearly double in value

Fri, Aug 11, 2023

RedTape has approved the allotment of 13,82,01,900 shares of face value of Rs 2 each as fully paid up to the equity shareholders of Mirza International in a 1:1 exchange ratio. The shares were allotted to investors in April.

LIC shares rally up to 5% after mixed Q1 results, dividend announcement

LIC shares rally up to 5% after mixed Q1 results, dividend announcement

Fri, Aug 11, 2023

The company’s profit after tax (PAT) soared 13-times to Rs 9,544 crore in the April-June quarter compared to Rs 683 crore in the corresponding period a year ago. The profit growth was aided by transfers from Non-Par funds to shareholders accounts.

Granules India slumps nearly 6% on weak Q1 result due to cyber attack impact

Granules India slumps nearly 6% on weak Q1 result due to cyber attack impact

Thu, Aug 10, 2023

Net profit declined by 62 per cent year-on-year to Rs 47 crore as against Rs 127 crore in Q1FY23. Gross margins improved marginally by 100 bps from 50 per cent to 51 per cent.

SBI Life shares hit fresh 52-week high after IRDAI nod for Amit Jhingran’s appointment as CEO

SBI Life shares hit fresh 52-week high after IRDAI nod for Amit Jhingran’s appointment as CEO

Wed, Aug 09, 2023

Amit Jhingran has over three decades of experience in the insurance sector and serves as the Assistant General Manager of the Hyderabad Circle. He joined the company in 1991 as a probationary officer and has served in various positions at SBI Life since then.

Utkarsh Small Finance Bank drops 2% despite strong June quarter results

Utkarsh Small Finance Bank drops 2% despite strong June quarter results

Wed, Aug 09, 2023

Utkarsh Small Finance Bank’s loan portfolio grew 31.4 per cent year-on-year to Rs 14,394 crore as on June 30, 2023. The bank said that its microfinance portfolio accounted for 63 per cent of the total loan portfolio, while non-microfinance portfolio accounted for 37 per cent of the loan book.

Why action is being seen in Birlasoft today

Why action is being seen in Birlasoft today

Thu, Jul 27, 2023

Why is there action in Birlasoft today? What is special about Birlasoft Result? Know the full news in this video

How to open a Demat account: Step-by-step guide

How to open a Demat account: Step-by-step guide

Wed, Jul 26, 2023

Demat Account, also known as Dematerialized Account, is an electronic account that allows individuals to hold and manage their securities. Using one platform, investors can trade stocks, bonds, ETFs, and government securities.

UBS Bullish on Havells Shares, Raises Target Price

UBS Bullish on Havells Shares, Raises Target Price

Tue, Jul 18, 2023

UBS ने बढ़ाए हैवेल्स के लक्ष्य, हैवेल्स में क्यों है री-रेटिंग की संभावना? जानिए इस वीडियो में

Senco vs Alphalogic Industries vs Tridhya Tech: Know key risk factors before investing in these IPOs

Senco vs Alphalogic Industries vs Tridhya Tech: Know key risk factors before investing in these IPOs

Mon, Jul 03, 2023

Investors eyeing the IPOs of Senco Gold Limited, Alphalogic Industries Limited, and Tridhya Tech should consider the key risk factors associated with each company. Senco Gold faces risks related to fluctuations in gold prices and the jewellery market, while Alphalogic Industries' issue appears fully priced based on FY23 earnings. Tridhya Tech's risks include competition in the tech industry and reliance on a few major clients.

Morgan Stanley remains cautious on IT stocks, sees higher risk for Tech Mahindra, TCS, and Mphasis

Morgan Stanley remains cautious on IT stocks, sees higher risk for Tech Mahindra, TCS, and Mphasis

Thu, Jun 22, 2023

Morgan Stanley provides a cautious yet selectively optimistic outlook on Indian IT stocks, suggesting a potential cyclical pickup in the latter half of FY24 and FY25. The investment bank revises target prices for several prominent tech stocks, maintaining an 'Overweight' rating for Infosys and HCL Technologies.

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