Indian Metals & Ferro Alloys (IMFA), a small-cap metal company, witnessed a significant surge of nearly 5 in early morning trade on Monday, January 6, after the December quarter (Q3) shareholding pattern revealed ace investor Dolly Khanna's stak
Shares of Suzlon Energy Ltd. are set to be in the spotlight during Monday's trading session following an Income Tax demand of ₹1.01 crore for the financial year 2016-17. The Ahmedabad Income Tax Department issued the demand, which relates to a pena
Stock exchange data has confirmed that a group of operators engaged in front-running trades involving the US-based investment firm Tiger Global’s shares in PB Fintech. The Securities and Exchange Board of India (SEBI), in its January 2 order, refer
B.R. Goyal Infrastructure Limited is set to launch its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹85.21 crore. The IPO consists entirely of a fresh issue of 63.12 lakh shares with a price band of ₹128-135 per sha
Veteran emerging market investor Mark Mobius asserts that India's export-driven companies are well-positioned to benefit from a weakening Rupee and the incoming Trump administration's policies. He suggests that India, thanks to recent economic reform
The New Year rally in frontline equities faced a setback on Friday as key indices slid, weighed down by declines in banking and IT stocks. The Sensex dropped by 668.94 points (0.83) to close at 79,274.77, while the Nifty fell by 188.4 points (0.8
Capital Infra Trust is set to launch its Infrastructure Investment Trust (InvIT) offering, presenting a book-built issue aggregating to ₹1,578 crore. The InvIT combines a fresh issue of 10.77 crore units (₹1,077 crore) and an offer for sale of 5.
The record date for the highly awaited ITC Hotels demerger is set for January 6, making today the final opportunity for investors to purchase ITC shares if they want to be eligible for ITC Hotels shares after the demerger. As part of this demerger ar
Indobell Insulation Limited is set to launch its Initial Public Offering (IPO), presenting a fixed-price issue of ₹10.14 crore. The IPO consists entirely of a fresh issue of 22.05 lakh shares at ₹46 per share. The IPO opens for subscription on Ja
Vodafone Idea (Vi) is preparing to launch its 5G mobile broadband services this March, offering competitively priced plans aimed at rivaling Reliance Jio and Bharti Airtel, as reported by The Economic Times. Vi’s 5G plans are expected to be arou
The gold rate today in India continues its upward trend following yesterday’s increase. For 22K gold, the gold rate today has surged by ₹80, reaching ₹7,260, while for 24K gold, it has risen by ₹87, reaching ₹7,920. Below, you'll find a det
CLSA, a prominent brokerage firm, has downgraded its rating for Wipro Ltd., a leading technology services provider, from "outperform" to "hold" just six months after issuing a "double upgrade" for the stock. The downgrade comes despite the brokerage
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