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
Go to Live UpdatesWaaree Energies IPO Live: The allotment of shares will be finalised on October 24. Investors can check the allotment status on the website of registrar of the issue. Waree Energies aimed to raise Rs 4,321.44 crore. It received bids worth Rs 2.42 crore. The retail buyers booked the issue 11.27 times while the
It seems that the high-interest-rate regime, which prevailed for almost three years, has come to an end in the wake of the RBI slashing the repo rate by 100 basis points (bps) this year. However, there are some private sector banks that are still offering attractive interest rates on their fixed deposits (FDs) for senior
IndiGo airline operator InterGlobe Aviation reported a drop in first-quarter profit on Wednesday. The company posted a profit of Rs 2,176.3 crore for the April–June period, down 20.25 per cent from Rs 2,728.8 crore a year ago, and down 29 per cent sequentially from Rs 3,067.5 crore in Q4 FY25. Revenue from operations stood at
It was a quiet yet resilient day on Dalal Street as benchmark indices ended the session on a flat note with a slight upward tilt. The Sensex settled at 81,465.28, up 0.16%, while the Nifty wrapped up the day at 24,855.05, also gaining 0.18%. Meanwhile, the Nifty Bank ended the day at 56,150, down 0.13%.
It seems that long waits and weeks of uncertainty after filing income tax returns (ITRs) have become the thing of the past, at least for many individual taxpayers. This year, many taxpayers are receiving their income tax refunds within mere hours of e-filing their income tax returns. This is a major shift from past years
The Mumbai Metropolitan Region Development Authority (MMRDA) has deposited Rs 560.21 crore with the Registry of the Bombay High Court in an arbitration matter that involved Mumbai Metro One Private Limited (MMOPL). MMOPL, a subsidiary of Anil Ambani-promoted Reliance Infrastructure (R-Infra), is a joint venture between the company and MMRDA. While Reliance Infra holds 74
