Benchmark indices Nifty and Sensex continued their upward momentum for a second consecutive day on January 2, driven by gains in the auto, IT, and banking sectors. However, metal and real estate stocks began the session on a weaker note. As of 11
Anya Polytech & Fertilizers Limited, a manufacturer of HDPE/PP bags and zinc sulphate fertilizers operating since 2011, marked a strong entry into the public markets on Thursday, 2nd January 2025. The company, which has established itself with a
Nilesh Shah, Managing Director of Kotak Mahindra AMC, emphasized in an interview with Moneycontrol that 2025 presents several challenges that could hinder economic growth. He pointed to global issues such as heightened geopolitical tensions, the seco
Investors in select schemes of the former Reliance Mutual Fund, now rebranded as Nippon Life India Mutual Fund, reportedly faced collective losses amounting to nearly ₹1,830 crore due to the fund’s decision to invest in Yes Bank’s Additional Ti
Shares of Power Mech Projects experienced a notable increase of over 5 on January 1, following the announcement of a new order valued at ₹294 crore from Adani Power. This domestic contract encompasses overhauling services, condition assessments, a
The UTI Quant Fund, an open-ended equity strategy with a quantitative investment focus, has been introduced by UTI Mutual Fund. Beginning on January 24, 2025, there will be ongoing sales and repurchases of the New Fund Offer (NFO), which will commenc
Anthem BioScience Ltd. has recently filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹3,395 crore through an initial public offering (IPO). The IPO is structured exclusively as an offer f
Edtech startup PhysicsWallah is gearing up for a significant market debut with plans for an Initial Public Offering (IPO) within the next four to six months. The company aims to raise $500 million, targeting a valuation of $5 billion. If successful,
India’s financial landscape is poised for a groundbreaking year in 2025 as it potentially sets the stage for the largest Initial Public Offering (IPO) in its history. With a surge in IPO activity and investor confidence, the country's capital marke
As the new year begins, gold prices in India have shown an upward trend compared to the previous day. On Wednesday, January 1, 2025, the price of 24K gold in India stood at ₹7,800 per gram, while 22K gold was priced at ₹7,150 per gram as of 10:57
Leo Dry Fruits and Spices Trading Limited is launching its Initial Public Offering (IPO), presenting a book-built issue valued at ₹25.12 crore. The IPO comprises a fresh issue of 48.30 lakh equity shares, with no offer-for-sale component. The issue
Bangalore-based A-One Steels India is set to raise ₹650 crore through an initial public offering (IPO) as part of its strategy to expand its manufacturing facilities and reduce debt. The IPO will consist of a fresh issuance of shares worth ₹600 c
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