NTPC Green Energy Ltd., a clean energy subsidiary of NTPC, is reportedly targeting a valuation around $12 billion for its upcoming IPO, which could become one of India’s largest renewable energy offerings. Discussions with advisers suggest NTPC Green may price the IPO above Rs 100 per share, with a potential fundraising goal of up to […]
NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO Read More »
The grey market premium (GMP) for NTPC Green Energy’s IPO has dipped as anticipation builds around the company filing its red herring prospectus (RHP). The recent GMP decline is attributed to broader market pressures, including continued foreign institutional investor (FII) outflows, subdued quarterly results, and weak trends across Asian markets, all of which have affected
NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP Read More »
Inox Wind’s share price saw a slight rise in early trading on November 12 after securing a repeat order of 87 MW from Continuum Green Energy for its advanced 3 MW class wind turbines. By 9:19 am, Inox Wind was trading at Rs 205.55 on the BSE, reflecting a marginal gain of 0.42 percent. The
Inox Wind Secures 87 MW Order, Expands Partnership with Continuum Green Energy Read More »
Bitcoin prices surged close to $90,000 on Tuesday, reaching $89,599 as market sentiment turned highly optimistic following President-elect Donald Trump’s pro-crypto stance and his pledge to reshape the US cryptocurrency regulatory landscape. The rally gained momentum as Trump announced plans to position the US as a leader in cryptocurrency. His agenda includes setting up a
Bitcoin Nears $90,000 as Pro-Crypto Agenda Sparks Fresh Rally Read More »
Shares of Devyani International, the franchisee owner of Pizza Hut and KFC, are likely to remain in focus on November 12 after the company reported a net loss for the quarter ending September 30, 2024. The company posted a consolidated net loss of Rs 4.92 crore in Q2FY25, compared to a net profit of Rs
Devyani International Shares in Focus on Q2 Net Loss Read More »
Shares of Krishna Institute of Medical Sciences (KIMS) surged nearly 6 percent on November 11 after the company reported strong financial results for the second quarter of FY25. By 12:50 PM, KIMS’ share price was up 3 percent, trading at Rs 587. The stock has gained over 50 percent year-to-date, significantly outperforming the Nifty 50,
KIMS Shares Surge 6% on Strong Q2 Results Read More »
HFCL shares surged over 6 percent after the company, along with partners Rail Vikas Nigam Ltd (RVNL) and Aerial Telecom Solutions, was selected as the lowest bidder for multiple BharatNet Phase III project bids, totaling Rs 8,100 crore. By 1:30 PM, HFCL shares were up 2 percent at Rs 130. The stock has risen 53
HFCL Shares Climb 6% After Securing Rs 8,100 Crore BharatNet Project Read More »
Zinka Logistics Solution IPO Price: ₹259 to ₹273 per shareIPO Dates: 13 November 2024 – 18 November 2024 Company Overview Founded in April 2015, Zinka Logistics Solutions Limited, commonly known as BlackBuck, operates India’s largest digital platform for truck operators. The platform primarily serves truck operators by enabling efficient digital management of payments, telematics, freight,
Shares of Biocon rose by 5 percent on November 11 after the US Food and Drug Administration (FDA) granted its Bengaluru biologics unit a “Voluntary Action Indicated” (VAI) status. This designation is generally positive, indicating minor issues found during the inspection but no need for regulatory or enforcement action, allowing Biocon to continue operations smoothly.
Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating Read More »
Asian Paints’ stock fell sharply, dropping over 9 percent on November 11, following a disappointing Q2FY25 performance marked by low demand and increasing competition. At 9:20 AM, shares traded 7 percent lower at Rs 2,565. Year-to-date, the stock has underperformed with a 25 percent decline, compared to the Nifty 50’s 10 percent gain in the
Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges Read More »
