Stock market this week: Indian frontline indices S&P BSE Sensex and Nifty50 ended with half a percentage points cuts on weekly basis amid profit booking at higher levels. When markets resume trading on Tuesday in the holiday shortened week, a host of important domestic and global events lined-up during this week are likely to impact … Read more
For Dalal Street, the year 2023 was like one of filmmaker Karan Johar’s movies, filled with multi stars and bundles of emotions. Try rearranging the words in one of his famous movie titles “Kabhi Khushi Kabhi Gham” and that’s how the mood on Dalal Street was in 2023. The year started on a negative note … Read more
The initial public offering (IPO) of Azad Engineering was fully booked on the first day of the bidding process. The issue, which closes on December 22, was subscribed 1.34 times so far. The category reserved for non-institutional investors was subscribed the most at 2.3 times, followed by retail investors at 1.67 times. There were no … Read more
MUMBAI: Lovable Lingerie is the third-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat the performance of Page Industries, sellers of Jockey innerwear. It gained a third in about a week. But the small float and low delivery volumes is an alert against wagering on … Read more
ET Intelligence Group: Happy Forgings, a maker of forged and machined components used in trucks, is planning to raise ₹1,008 crore through an initial public offering at a valuation of ₹8,000 crore. This comprises new shares worth ₹400 crore, with the proceeds to be used for capacity expansion and repayment of debt, and ₹608 crore … Read more
The share allotment of India Shelter Finance IPO is expected to be finalised on Monday. Investors received shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check … Read more
After losses in the last week, the short-term trajectory of domestic equities is seen as weak, and investors may sit on the fence looking for fresh cues, as the earnings season draws to a close. Therefore, rangebound trade could be seen in indices in the truncated week ahead. The stock markets are closed on Tuesday … Read more
India Shelter Finance has fixed a price band of Rs 469-493 for its Rs 1,200-crore IPO, which will open for subscription on December 13. The issue closes on December 15. The public offer comprises a fresh equity issue of Rs 800 crore and an offer for sale (OFS) of Rs 400 crore. Investors can bid … Read more
Jamshedpur-based Kross Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO) of shares. The Rs 500 crore worth IPO comprises fresh issue worth up to Rs 250 crore, and an offer for sale aggregating upto Rs 250 crore … Read more
A Panera Bread mango yuzu citrus charged lemonade is displayed at a Panera Bread restaurant in Novato, California, on Nov. 1, 2023. Justin Sullivan | Getty Images Panera Bread has confidentially filed to go public again, people familiar with the matter told CNBC. The restaurant chain, known for its soups, sandwiches and bagels, has been … Read more
