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Why has Swiggy GMP seen a sharp fall ahead of IPO allotment?

Swiggy IPO is likely to list on November 13, but the company’s grey market premium has been on a downward spiral and is now barely a rupee higher than the issue price. On October 29, Swiggy was commanding a premium of Rs 25, or 6.4%, to the issue price. The drop in GMP can be

Q2 Result 2024 Live Updates: ONGC, Hindalco, Britannia, Godfrey Phillips, Devyani International, others releasing Q2 results today

Go to Live UpdatesQ2 Earnings 2024 Live Updates: With majors like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries,  Mahindra and Mahindra, Bharti Airtel, HUL, ITC, Marico, Dabur India, Adani Wilmar, Nestle India, L&T, Adani Enterprises, Apollo Hospitals, Mankind Pharma, Dr Reddy’s Laboratories, GAIL, LIC, SBI, Punjab National Bank, Axis Bank

Petrol, Diesel Price Today 11 November 2024 in Tripura, New Delhi, Nashik and Guwahati

Petrol, Diesel Price Today 11 November 2024: Oil prices continued to fall on Monday as concern over disruption in supply from a US storm reduced and China’s economic stimulus measure fell short of investor expectations for fuel demand growth in the world’s largest oil consumer. As per the latest report, Brent crude futures have declined

Trump 2.0: Should Indian markets be worried about these 4 factors?

The US markets have been on a firm footing buoyed by President-Elect Donald Trump’s victory. However, what’s the implication of the Republican Party gaining control over US arms and Policymaking for global markets at large? Well, most market observers believe that this augurs well for US markets as well as the US dollar. For India

Gold, silver rate today on November 11 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices of your city

India bids adieu to the month-long festivities but gold and silver prices continue to be in focus. Though the price of 24-carat gold has come down from Rs 80,000 per 10-gram mark, it is trending strong. It had touched the recent highs on the back of increased festive demand. Purchasing gold around the festivities is

Still holding Rs 2000 notes? Find out where and how to exchange them now!

Are you still in possession of the old Rs 2,000 notes and contemplating a straightforward method for their exchange? If so, there is good news for you. The Reserve Bank of India (RBI) has recently provided clarification regarding the process designed to assist citizens who still hold Rs 2,000 notes. The central bank has detailed

RBI announces changes to KYC rules! How it will impact you

The Reserve Bank of India (RBI) has recently announced some key changes to Know Your Customer (KYC) guidelines. These changes are aimed at improving how financial institutions verify the identities of their customers and ensuring a safer and more streamlined process. In this story, we will discuss the breakdown of these key amendments. Before that

Asian Paints Share Price Today Live Updates, 11 Nov, 2024: Asian Paints on the radar

Go to Live UpdatesAsian Paints Share Price Today Live Updates, 11 Nov, 2024: The Asian Paints share is in news and the counter closed trade on 08 Nov, 2024 at Rs 2769.25. The shares touched intraday high of Rs 2840.5 in the last trading session while the intraday low was at Rs 2762.0. The company’s

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Lessons from LA Fires: Get the Right Fire Insurance for Your House

The recent devastating fires in Los Angeles have underscored the importance of having the right fire insurance for homeowners. As communities rebuild and recover, it’s a reminder that preparation is key when protecting one’s property. Understanding your insurance options can make all the difference with the potential for environmental factors like drought and high winds

Sensex falls over 10%, is it finally time to stop your SIPs?

With equity benchmarks Sensex and Nifty plunging more than 10% from their peaks in September last year, it’s natural for mutual fund investors — especially those investing through the SIP (Systematic Investment Plan) route — to question whether they should continue their investments. Market volatility often creates anxiety among SIP investors, even when they are

Reliance Industrial Infrastructure Q3 Results: Standalone profit drops by 8.15% YoY to Rs 2.48 crore

Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday announced its fiscal third quarter earnings with standalone profit at Rs 2.48 crore, posting a decline of 8.15 per cent on-year in comparison to Rs 2.70 crore recorded during the third quarter of FY24. It posted revenue from operations at Rs 12.36 crore, down 17.27 per cent as

L&T Tech posts Q3 profit decline of 4.10% YoY to Rs 322.40 crore, revenue rises by 9.55%

L&T Technology Services Ltd on Wednesday announced its fiscal third quarter earnings with profit at Rs 322.40 crore, recording a drop of 4.10 per cent in comparison to Rs 336.20 crore posted during the third quarter of FY24, missing estimates. It posted revenue from operations at Rs 2653.00 crore, up 9.55 per cent as against

Stallion India IPO opens on January 16: Here’s all you need to know

Stallion India IPO is all set to offer its shares to investors. The company will start the bidding process on January 16 and end it on January 20. Here’s all you need to know about the issue before it opens: Stallion India IPO size The company aims to raise almost Rs 200 crore from the