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News Desk

Ashoka Buildcon Declared Lowest Bidder for Rs 312 Crore MSETCL Project; Shares Dip 2%

Ashoka Buildcon Declared Lowest Bidder for Rs 312 Crore MSETCL Project; Shares Dip 2%

/ Indian Market /

Ashoka Buildcon’s stock price fell over 2% in early trading on November 4, despite being declared the lowest bidder for a Rs 312.13 crore contract from Maharashtra State Electricity Transmission Company (MSETCL). As of 09:31 am, shares traded at Rs 239.75 on the BSE, down by Rs 5.65 or 2.30%. The contract involves the establishment […]

Ashoka Buildcon Declared Lowest Bidder for Rs 312 Crore MSETCL Project; Shares Dip 2% Read More »

NBCC Stock Gains on Winning New Contracts Worth Rs 235 Crore

NBCC Stock Gains on Winning New Contracts Worth Rs 235 Crore

/ Indian Market /

NBCC (India) Ltd. saw a jump in early trade on November 4 after securing multiple contracts totaling Rs 235 crore. Despite trading slightly lower at Rs 98.25 on the BSE at 09:30 am, the company’s recent order wins reflect strong business momentum. The new contracts include a Rs 44 crore project awarded by Mahatma Gandhi

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Niva Bupa Health Insurance Sets IPO Price Band at Rs 70-74 per Share, Launches on November 7

Niva Bupa Health Insurance Sets IPO Price Band at Rs 70-74 per Share, Launches on November 7

/ IPO News /

Niva Bupa Health Insurance Company has established a price band of Rs 70-74 per share for its upcoming initial public offering (IPO), set to open on November 7 and close on November 11. The anchor book will open on November 6, with the basis of allotment scheduled for November 12. Eligible investors will see shares

Niva Bupa Health Insurance Sets IPO Price Band at Rs 70-74 per Share, Launches on November 7 Read More »

Sagility India IPO

Review of Sagility India Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News /

Sagility India IPO Price: ₹28 to ₹30 per shareIPO Dates: 5 November 2024 – 7 November 2024 Company Overview Originally established as Berkmeer India Pvt. Ltd in Bengaluru, Karnataka, in July 2021, the company underwent significant changes, including a rebranding to Sagility India Pvt. Ltd in September 2022. By May 2024, after converting to a

Review of Sagility India Limited IPO: Lot Size, Check Issue Date, Price Read More »

Prudent Corporate Shares Surge 14% to New Lifetime High on Robust Q2FY25 Earnings

Prudent Corporate Shares Surge 14% to New Lifetime High on Robust Q2FY25 Earnings

/ Indian Market /

Shares of Prudent Corporate Advisory Services soared 14% to a record high of Rs 3,090 on October 31 after reporting a stellar Q2FY25 performance. The company’s operating revenue rose 51% year-on-year to Rs 286.1 crore, driven by a 53% increase in average quarterly assets under management (AUM) in its mutual fund segment and a 36%

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DCM Shriram Shares Surge 10% on Strong Q2 Earnings, Investment in Renewable Projects

DCM Shriram Shares Surge 10% on Strong Q2 Earnings, Investment in Renewable Projects

/ Indian Market /

Shares of DCM Shriram Ltd jumped over 10% in early trade on October 31, following the company’s stellar Q2 earnings report. The firm posted a consolidated net profit of Rs 62.92 crore for the September quarter, marking a sharp 95% year-on-year increase from Rs 32.24 crore in the same period last year. This earnings boost

DCM Shriram Shares Surge 10% on Strong Q2 Earnings, Investment in Renewable Projects Read More »

IRB Infra Shares Dip 4% as Q2 Revenue Suffers Due to Monsoon Impact

IRB Infra Shares Dip 4% as Q2 Revenue Suffers Due to Monsoon Impact

/ Indian Market /

Shares of IRB Infrastructure Developers Ltd dropped by up to 4% in early trade on October 31, following a tepid quarterly performance in the July-September period. The company’s revenue declined over 9% year-on-year, from Rs 174.5 crore in the previous fiscal quarter to Rs 158.6 crore, primarily due to prolonged monsoon disruptions affecting project timelines

IRB Infra Shares Dip 4% as Q2 Revenue Suffers Due to Monsoon Impact Read More »

Jupiter Wagons Stock Rises 5% as Subsidiary JEM Acquires Log9’s Rail and EV Battery Business

Jupiter Wagons Stock Rises 5% as Subsidiary JEM Acquires Log9’s Rail and EV Battery Business

/ Indian Market /

Shares of Jupiter Wagons Ltd rose over 5% on October 31 following the announcement that its subsidiary, Jupiter Electric Mobility (JEM), has acquired Log9’s Railway Battery and Electric Truck Battery divisions. This acquisition, encompassing Log9’s technology, production assets, and Devanahalli manufacturing facility, aims to bolster JEM’s presence in India’s electric mobility sector with advanced battery

Jupiter Wagons Stock Rises 5% as Subsidiary JEM Acquires Log9’s Rail and EV Battery Business Read More »

Indian IPO Fundraising Hits Record Rs 1.22 Lakh Crore in 2024 Amid Cooling Investor Sentiment

Indian IPO Fundraising Hits Record Rs 1.22 Lakh Crore in 2024 Amid Cooling Investor Sentiment

/ Indian Market /

Indian companies have set a new record in 2024, raising over Rs 1.22 lakh crore through initial public offerings (IPOs), surpassing the previous high of Rs 1.18 lakh crore set in 2021. Despite the milestone, enthusiasm in the primary market shows signs of cooling as several recent IPOs struggled to deliver expected gains. Around 70%

Indian IPO Fundraising Hits Record Rs 1.22 Lakh Crore in 2024 Amid Cooling Investor Sentiment Read More »

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