EPFO Update: Pensioners covered under the Employee’s Pension Scheme (EPS) governed by the Employees’ Provident Fund Organisation (EPFO) will receive their pension for the month of October in advance by a day or two keeping in view the Diwali festival on October 31, according to a circular by the retirement fund body. “Keeping in view
Q2FY25 Results: Sun Pharma on Monday reported financials for the second quarter ending September 30th, 2024. According to the pharma major’s exchange filing, the company’s net profit surged 28 percent on-year to Rs 3,040 crore. During the quarter, the gross sales at Rs. 13264.2 crore, growth of 10.5 percent and the India formulation sales at
In the run-up to Diwali, investor returns have hardly the sparkle that retail players were anticipating earlier. The Nifty has fallen nearly 6% over the past 1 month, while the Sensex has lost over 4,800 points or almost equal in terms of percentage loss. October is shaping up to be particularly challenging, resulting in the
Hero MotoCorp has ramped up its presence in international markets in recent years and its participation at EICMA has helped its cause. The largest two-wheeler manufacturer in the country recently shared a teaser where it announced that as many as four new models from its portfolio will be revealed at the annual motorcycle exhibition event
Royal Enfield has been seen testing a number of updated models, including the Interceptor, Hunter 350, and the Bullet 650. However, as per reports online, the Interceptor that was seen testing could be a larger 750 version, or testing some crucial components that will soon be seen on the Interceptor 650 itself. Royal Enfield Interceptor
Adani Group owned Ambuja Cements on Monday posted a profit decline of 42.5 per cent for the second quarter of FY25 at Rs 455.96 crore, in comparison to Rs 792.96 recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 7,516.11 crore, up 1.2 per cent as against Rs 7,423.95 crore
Cyient on Monday announced the acquisition of a 27.3 per cent stake in Azimuth AI, a fabless custom ASIC company. This strategic investment, the company added, marks a significant milestone in Cyient’s semiconductor journey and demonstrates the continued focus to drive accelerated growth in this industry. Krishna Bodanapu, Executive Vice-Chairman & Managing Director of Cyient
By Anand James Rollovers have picked up, but do not seem to be large enough to suggest a hurry or an extension in the ongoing downtrend. They are at 19.25 and 23.57 for Nifty and Nifty Bank respectively, well in line with the last four months’ average. Nifty and Bank Nifty straddles are also priced
EPFO Update: In response to queries in Parliament, the government recently shared details of the Employees’ Provident Fund Organisation’s (EPFO) investment patterns over the last few years. Lok Sabha member T. Sumathy Alias Thamizhachi Thangapandian inquired whether EPFO has made significant investments in debt instruments and Exchange Traded Funds (ETFs), and if so, requested details.
Transrail Lighting was listed at Rs 590 on the National Stock Exchange, a premium of 36.5% to the issue price. It was listed at Rs 585 on the BSE, a premium of 35%. Transrail Lighting IPO GMP The stock of Transrail Lighting was fetching a premium of 38% in the grey market, which suggested that
Mamata Machinery was listed at Rs 600 on the National Stock Exchange, a premium of 147% to the issue price. It was listed at Rs 600 on the BSE, similar to that on NSE. Mamata Machinery IPO GMP The stock of Mamata Machinery was fetching a premium of 107% in the grey market, which indicated
DAM Capital Advisors IPO, which was open for subscription from December 19 to December 23, 2024, made it debut on the stock market today (December 27), listing with a 39 per cent premium. The company shares on BSE was opened at 392.90 per share, a 38.83 per premium to the issue price of Rs 283
Go to Live UpdatesMamata Machinery Share Price, IPO listing Live Updates: The IPO is all set to hit the exchanges on December 27. The IPO was subscribed to a total of 194.95 times. The retail investors booked the issue 138.08 times and employees booked it 153.27 times. The QIBs subscribed to the issue 235.88 times.
