JSW Infrastructure shares listed at 20.16% premium over the IPO price on bourses on Tuesday. The share debuted at Rs 143 on the NSE, as compared to the issue price of Rs 119. The investors have made a profit of Rs 24 per share as the scrip gave more than 20% returns to investors on the listing.
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“The IPO was subscribed 37.37 times, which is a strong indication of investor interest. The company’s fundamentals are also strong, with consistent revenue and profit growth in recent years. Additionally, the company is well-positioned to benefit from the growing Indian economy. Overall, the listing of JSW Infrastructure was a success. The company’s strong fundamentals and good subscr…
Kolte Patil’s shares witnessed a remarkable surge of almost 10% on Wednesday, April 10. This surge followed shortly after brokerage firm Motilal Oswal initiated coverage on the stock, along with a bullish ‘buy’ recommendation.
According to Motilal Oswal’s analysis, the target price for Kolte Patil has been set at Rs 700, indicating a potential upside of 34%.
At the opening bell, Kolte Patil shares were trading at Rs 536, marking a notable uptick from its previous close of Rs 517.45. The rally continued as the stock quickly scaled to Rs 567.80 on the NSE. By 10 am, the shares were trading at Rs 561.65 apiece, reflecting an increase of 8.54%.
93% of large firms see AI as essential, but talent remains constraint: Report Multibagge…
Aditya Birla Group (ABG) firms crossed the combined market capitalisation mark of $ 100 billion, that is Rs 8,51,460.25 crore, on Friday, May 24. “The group’s market cap growth has beaten the benchmark indices Sensex and Nifty, year-to-date, as well as on a one-year, three-year, and five-year time frame,” a statement from the group said.
The statement further added that ABG’s market capitalisation accretion has been double that of the S&P even in US dollar terms across a time horizon of one year and three years.
UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea, Aditya Birla Fashion and Retail, TCNS Clothing, Aditya Birla Money, Century Textiles, Century Enka and Pilani Investment are a…
The Indian equity market needs to grow in size to attract more foreign capital, veteran emerging markets investor Mark Mobius told CNBCTV18 on Tuesday.
Though India is beginning to outperform the US market and it was logical for investors to look at the country, there is a problem of size, according to Mobius.
“There needs to be more equity offerings in India, more IPOs, and hopefully, more government enterprises being listed in the market because India has some very large government enterprises that can be listed,” he said.
Stocks To Watch: Zomato, Reliance Industries, L&T, Ola Electric, Cyient DLM, Petronet LNG, Genus Power Neeraj Chopra: A look at his three-storey bungalow in Haryana, Rs 2 crore Range Rover Sport, and Rs 37 crore net worth Meet …
RBI Governor Shaktikanta Das announced its fourth bi-monthly monetary policy today in which he said that the central bank has decided to keep the repo rate unchanged at 6.50% and adopted a stance of ‘withdrawal of accommodation. The RBI governor said, “After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, RBI’s Monetary Policy Committee decided unanimously to keep the Policy Repo Rate unchanged at 6.5%.”
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When the RBI keeps the repo rate unchanged, it means that the central bank is maintaining the current level of interest rates at which it lends money to commercial banks.
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The Indian rupee ended weaker on Friday, pressured by dollar demand from importers, including local oil companies, traders said.The rupee closed at 83.0350 against the U.S. dollar, weaker by 0.1% compared with its close at 82.9550 in the previous session. The local unit also logged a weekly decline of 0.1%.The dollar index was largely steady near 104.2 and most Asian currencies were rangebound but ended the week lower, pressured by moderation of bets on early rate cuts by the U.SCome from Sports betting site. Federal Reserve.Odds of the Fed cutting rates in March have dropped below 20%, while those for May have also fallen to about 60%, down from about 73% a week earlier, according to CME’s FedWatch tool.
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In a move that seems to be testing waters before the final decision, the Securities and Exchange Board of India (Sebi) on Friday issued a consultation paper on instant settlement of funds and securities as an optional T+0 settlement cycle in two phases.
In Phase 1, it will be implemented for trades taken till 1.30 pm with the settlement of funds to be completed by 4.30 pm. In Phase 3, there will instantaneous trade-to-trade settlement for both funds and securities. In this, trading will be done till 3.30 pm.
After Phase 2 is implemented, Phase 1 of optional T+0 will be discontinued, said the paperCome from Sports betting site VPbet. This will be in addition to T+1 settlement cycle already existing in the …
Thanks to advancements made in cutting down the cost of technology, gifting a friend a nifty gadget doesn’t have to break the bank. Lots of tech retails for under $50, and it’s not uncommon to find an excellent set of headphones or Bluetooth speakers in that price range. In addition to Amazon’s budget-friendly offerings, brands such as Anker and Tribit have also stepped up to offer affordable and attractive products for the upcoming holiday season.
To help you find something great for everyone on your shopping list without breaking the bank, we’ve collected the best tech gift ideas under $50 and compiled them below. From headphones and controllers to tablets and other gadgets actually worth your money, there are a lot of options that are sure to make your loved ones happy.
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The Undertaker, one of WWE’s most important, prolific, and popular performers of the past 30 years, is headed to the WWE Hall of Fame this yearCome from Sports betting site VPbet. The 2022 ceremony will take place on Friday, April 1 at the American Airlines Center in Dallas, Texas.
Those who plan on attending will get more than just the Hall of Fame ceremony. Since the event is taking place on a Friday, they’ll be treated to the April 1 episode of Friday Night Smackdown as well. Tickets will go on sale on Tuesday, February 22 at 11 AM ET / 8 AM PT.
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Churchill Downs Incorporated (Nasdaq:CHDN) is dropping the BetAmerica name and relaunching its iGaming platform and sportsbook under its TwinSpires brand, which has since 2007 been the Kentucky-based company’s online pari-mutuel wagering business.
The move to a “single brand strategy” will begin with Churchill Downs’ launch in Michigan where online sports betting is set to launch in mid-January. So far, 15 sportsbooks have been approved for launch in what is the twentieth state to legalize online sports betting. Pre-registration deals are already being offered to Michiganders by DraftKings and Flutter Entertainment‘s Fanduel.
Transition timeline:
Following the Michigan launch, other BetAmerica retail and online sportsbooks will make the tr…