HDB Financial Services Ltd, the NBFC arm of HDFC Bank, is preparing to launch its ₹12,500 crore initial public offering (IPO) by mid-July 2025, according to sources quoted by Moneycontrol. This IPO is expected to be the largest of the year, surpassing the ₹8,750 crore public issue of Hexaware Technologies in February. The company is […]
Shares of Aditya Birla Capital Ltd saw a positive movement on Wednesday, June 11, after a large block deal worth ₹568 crore took place on the stock exchanges. As per reports, 2.34 crore shares, which make up 0.9 percent of the company’s equity, changed hands at ₹242.70 per share in a block deal window. The
Oswal Pumps IPO Price: ₹584 to ₹614 per shareIPO Dates: 13th June 2025 – 17th June 2025 Company Overview Incorporated on July 15, 2003, Oswal Pumps Limited is one of India’s fastest-growing vertically integrated solar pump manufacturers. The company specializes in manufacturing and distributing a wide range of products, including solar-powered and grid-connected submersible and
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Shares of Premier Energies Ltd, a leading solar energy company, rose in early trade on Monday, June 10, after a large block deal took place involving over ₹2,600 crore worth of shares. According to reports, 2.5 crore shares, equal to 5.54 percent of the company’s total equity, were traded at ₹1,052 per share in a
Shares of Wipro Ltd rose more than 1 percent on June 9 after a large block deal took place during the second block deal window of the trading session. This deal involved nearly 2 percent of the company’s total equity and was valued at over ₹5,000 crore. As per reports, around 20.23 crore shares, which
In its June 2025 monetary policy meeting, the Reserve Bank of India (RBI) announced a 50 basis points cut in the repo rate, bringing it down to 5.5 percent. This move, aimed at supporting economic growth, came amid global trade tensions and signs of softening inflation. The RBI also shifted its policy stance from ‘accommodative’
Indian stock market saw a rally in rate-sensitive sectors like banking, real estate, and automobile on Friday, June 6, after the Reserve Bank of India (RBI) surprised investors by cutting the repo rate by 50 basis points. This brought the key lending rate down to 5.5 percent, from 6 percent earlier. The RBI also shifted
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Shares of Bharat Electronics (BEL) climbed to a fresh 52-week high of ₹394.70 per share in the final trading hour of June 5, following the company’s announcement of significant orders from two leading defence shipbuilders. According to a stock exchange filing, BEL secured orders worth a total of ₹2,323 crore (excluding taxes) from Mazagon Dock
Dassault Aviation and Tata Advanced Systems Limited (TASL) have signed four Production Transfer Agreements that pave the way for manufacturing Rafale fighter jet fuselages in India—a move that promises to bolster the country’s aerospace manufacturing capabilities and contribute to global supply chains, according to Dassault Aviation’s statement on June 5. “This facility represents a significant
Shares of Garden Reach Shipbuilders & Engineers (GRSE) climbed up to 5% to a new 52-week high of ₹3,521 in Thursday morning trade after the defence PSU announced a global collaboration aimed at expanding beyond its traditional military platforms. In a regulatory filing, GRSE said it had signed a memorandum of understanding (MoU) with Hamburg-based
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