Sensex dropped 260 points, Nifty below 23,500; biggest gainers were Trent, Hero Moto, and Bharti Airtel. Major Nifty gainers include Trent, Hero MotoCorp, ONGC, Tata Consumer, and Cipla; losers include Shriram Finance, Axis Bank, Bajaj Finser
Securities and Exchange Board of India or SEBI has approved the initial public offering (IPO) of National Securities Depository Limited (NSDL). This is an important development as NSDL is responsible for handling the majority of securities held and s
With market regulator Sebi, Hero Motors has withdrawn its draft red herring prospectus (DRHP). According to Sebi's processing status, the manufacturer of automotive components released the draft initial public offering (IPO) paper on October 5, 2024.
Navkar Corporation announced its financial results for the quarter ended September 30, 2024, highlighting a substantial 43 YoY revenue growth. The company posted consolidated revenue of ₹136.01 crore, compared to ₹95.37 crore in Q2FY24, with net
P N Gadgil Jewellers co. had a 7 decrease in early trading on Monday, October 7, following the announcement of a roughly 35 sequential reduction in its consolidated net profit at ₹35.32 crore for the June 2024 quarter. The firm was recen
The current crash in the share market: The Iran-Israel war and China's economic stimulus caused the Indian stock market to plunge sharply, with the Sensex falling 4,100 points in five days. Because of their withdrawal of ₹32,000 crores due to worri
Paramount Dye Tec Limited, a manufacturer of recycled synthetic yarns, made a disappointing debut on the Indian stock market on Tuesday, 8th October 2024, with its shares listing at a discount to the issue price on the National Stock Exchange (NSE) S
Subam Papers Limited, a manufacturer of Kraft Paper and paper products, made a disappointing debut on the Indian stock market on Tuesday, 8th October 2024, with its shares listing at a discount to the issue price on the Bombay Stock Exchange (BSE) SM
In a stock exchange filing on Monday, October 7, ICICI Lombard General Insurance Company announced that it had increased its shareholding in Axis Bank. As of October 7, 2024, the insurance company's total investment cost was ₹2.36 billion. The acqu
In an interview, Goyal stated that firms are able to plan more strategically and are less constrained by VCs' weekly evaluations, which makes negotiating public markets simpler. Deepinder Goyal, the group CEO and founder of Zomato, stated in an inter
For the third straight day, Reliance Power's stock fell 5 as a result of profit-booking, after seeing a sharp 60 increase last month on the company's announcement that it was debt-free. In the past year, Reliance Power's stock has increased by 177
JSW Steel and Hindalco Industries are vying for control of two copper mines located in Jharkhand. The auction is scheduled for October. The goal of Hindustan Copper is to decrease imports and increase copper production. While the other mine has been
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