By Nagaraj Shetti After showing sharp weakness on Tuesday, Nifty shifted into a consolidation on Wednesday and closed the day lower by 36 points. A small positive candle was formed on the daily chart with an upper shadow. Technically, this formation indicates a type of bullish inverted hammer-type candle pattern, not a classical one. A
Deepak Builders & Engineers opened its IPO on October 21 and closed on October 23. It raised a sum of Rs 260.04 crore. The company’s IPO price band ranged between Rs 192 to Rs 203 per equity share. The allotment of the shares is likely to be finalised on October 24. Here’s how you can
Sona BLW Precisions Forgings shares rallied as much as 11% to an intra-day high of Rs 714. The surge in stock price came a day after the auto components maker reported a 16% jump on year in its net profit standing at Rs 143.57 crore in Q2 FY25, compared to Rs 124.06 crore in Q2
KPIT Technologies shares plummeted 15% to an intra-day low of Rs 1,393.45 on management commentary about the weak outlook for the automobile industry. The company’s management pointed out that the automobile industry is under pressure due to regulatory changes and other things. Kishor Patil, Co-founder and CEO of KPIT Technologies said, “The Mobility Industry, specifically
Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch on Thursday skipped the Public Accounts Committee (PAC) questioning and said she would not be able to attend it due to “personal exigencies”. The crucial meeting of the Parliamentary panel was adjourned just hours before it was scheduled to start. PAC chairman K C
The company raised Rs 4,321.44 crore via a combination of fresh shares and an offer for sale. The company’s IPO price band ranged between Rs 1,427 to Rs 1,503 per equity share. A retail buyer had to apply for a minimum of 9 shares and then in its multiple, which amounted to Rs 13,527 per
Samvat 2080 has emerged as a blockbuster year for the Indian primary market, with 82 companies raising an impressive Rs 1.08 trillion so far. This figure is poised to increase, as several initial public offerings (IPOs) remain open for subscription before the year concludes. Major IPO in Samvat 2080 Leading the charge was South Korean
Go to Live UpdatesHindustan Unilever Share Price Today Live Updates, 24 Oct, 2024: Hindustan Unilever shares are in the news. The stock fell 6.5% to Rs 2,486.30 after it reported weak Q2 earnings numbers. The counter closed trade on 23 Oct, 2024 at Rs 2658. The shares touched an intra-day high of Rs 2692 in
In May, the Central Board of Direct Taxes (CBDT) had announced September 15, 2025, as the deadline for filing income tax returns (ITRs) for non-audit cases. However, with critical return filing utilities still pending and system delays continuing, tax experts are urging an official extension of the due date to September 30 for non-audit cases
Former chairman of Hindustan Unilever Ltd. (HUL), Susim Dutta has passed away in Mumbai, today. Susim Mukul Datta’s career began with Hindustan Lever in the 1950s. For over four decades, he advanced through the company’s rungs and took the helm as Chairman from 1990 to 1996. A prominent business leader and rural marketing revolutionary, Dutta
Gold has had a phenomenal run for the last three years. Most investors, including market analysts, were caught off guard by the continuous record highs in gold prices. After rising more than 20% in 2023 and 2024, gold is already up over 27% so far in 2025. Gold reached its all-time high of $3,500 on
In a major relief for loan borrowers, the Reserve Bank of India (RBI) has said that no prepayment charge will be levied on floating rate loans from January 1, 2026. That is, if you want to repay the loan before time, then no additional charge will have to be paid. On which loans will this
Sapphire Foods and Devyani International, the franchise partners of Yum! Brands, on Friday issued separate clarifications on the media reports suggesting a potential merger between the two companies. “…In this regard, we wish to inform you that the company evaluates various strategic opportunities in the ordinary course, for growth and expansion of business. At this
