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News Desk

PropShare Platina REIT Becomes India's Most Expensive Security at Rs 10.45 Lakh

PropShare Platina REIT Becomes India’s Most Expensive Security at Rs 10.45 Lakh

/ Indian Market

PropShare Platina REIT has made headlines by becoming India’s most expensive security to trade, surpassing Elcid Investments. Following its debut on December 10, the SM REIT settled at a remarkable Rs 10.45 lakh per unit on the BSE, marginally lower than its listing price of Rs 10.5 lakh per unit. While PropShare Platina REIT is […]

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Waaree Energies Shares Gain 4% After Bagging 170 MW Solar Power Project

Waaree Energies Shares Gain 4% After Bagging 170 MW Solar Power Project

/ Indian Market

Waaree Energies stock surged by 4% on December 12 after the company won a significant project for the development of a 170 MW solar power plant in Madhya Pradesh. The project, awarded by Rewa Ultra Mega Solar Limited, has further boosted investor confidence, marking the seventh consecutive session of gains for the stock. Over this

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Bajaj Housing Finance Stock in Spotlight as Lock-In Period Ends, 12.6 Crore Shares Available for Trade

Bajaj Housing Finance Stock in Spotlight as Lock-In Period Ends, 12.6 Crore Shares Available for Trade

/ Indian Market

Bajaj Housing Finance shares are likely to see increased attention on December 12, as the three-month lock-in period for anchor investors concludes. This unlocks 12.6 crore shares, approximately 2% of the company’s total equity, for trading. However, the end of the lock-in does not necessarily indicate that investors will sell their holdings; it merely allows

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Travel Food Services Files Draft Papers for Rs 2,000 Crore IPO

Travel Food Services Files Draft Papers for Rs 2,000 Crore IPO

/ IPO News

Travel Food Services Ltd (TFS) has filed draft documents with SEBI to raise Rs 2,000 crore through an initial public offering (IPO). The IPO will be a complete offer-for-sale by the Kapur Family Trust, which holds 51% of TFS, while SSP Asia Pacific Holdings owns the remaining 49%. Kotak Mahindra Capital, HSBC Securities, ICICI Securities,

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HG Infra Shares Surge 5% After Securing Rs 763 Crore Road Project

HG Infra Shares Surge 5% After Securing Rs 763 Crore Road Project

/ Indian Market

Shares of HG Infra Engineering jumped over 5 percent to Rs 1,532 in early trade on December 11, following the announcement of a significant new order win. The company received a letter of acceptance from the Ministry of Road Transport and Highways (MoRTH) for upgrading the NH-227B Bahuvan Madar Majha to Jagarnathpur, popularly known as

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Saakshi Medtech Shares in Spotlight After Securing Rs 250 Crore EV Panels Order

Saakshi Medtech Shares in Spotlight After Securing Rs 250 Crore EV Panels Order

/ Indian Market

Shares of Saakshi Medtech and Panels are expected to be in focus on December 11 after the company received a Letter of Business Award (LoBA) from Mahindra & Mahindra for the supply of EV panels. The order includes a three-year guarantee or warranty for the products. The overall order value is approximately Rs 250 crore,

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NTPC Green Energy Shares in Spotlight After Securing Energy Storage System Project

NTPC Green Energy Shares in Spotlight After Securing Energy Storage System Project

/ Indian Market

Shares of NTPC Green Energy are expected to draw investor attention on December 11 after the company secured a significant project to establish an Energy Storage System (ESS) with a capacity of 250 MW/1000 MWh. NTPC REL, a 100% subsidiary of NTPC Green Energy, emerged as the winner in the e-reverse auction invited by Solar

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SEBI Returns Draft Papers for M&B Engineering’s Rs 653-Crore IPO

SEBI Returns Draft Papers for M&B Engineering’s Rs 653-Crore IPO

/ IPO News

The Securities and Exchange Board of India (SEBI) has returned the draft papers filed by M&B Engineering for its Rs 653-crore Initial Public Offering (IPO). According to SEBI’s update on December 10, the Gujarat-based company had filed the draft documents on September 25 to raise funds through a combination of fresh equity issuance worth Rs

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Tiger Logistics Approves Rs 400-Crore Fundraising Plan; Shares See Strong Rally

Tiger Logistics Approves Rs 400-Crore Fundraising Plan; Shares See Strong Rally

/ Indian Market

Shares of Tiger Logistics (India) Ltd gained significantly on December 10 after the company announced its board’s approval to raise up to Rs 400 crore via a preferential issue. The company intends to utilize the proceeds to support its growth initiatives,” the company said in a regulatory filing. Issue of funds by issuance of equity

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