Deepak Builders and Engineers IPO was fully booked within two hours of the launch, which was primarily driven by the retail investors, subscribing the issue 1.7 times. The non-institutional investors booked the issue 0.69 times while the qualitative institutional booked the issue zero times. The company received bids worth Rs 181.92 crore from investors. The
Go to Live UpdatesWaaree Energies ipo Live: The initial public offering (IPO) of Waaree Energies has officially opened for subscription today, featuring a fresh equity sale of Rs 3,600 crore alongside an offer for sale (OFS) of 48 lakh shares. The subscription period will run until October 23. Prior to the opening, the company successfully
Multi Commodity Exchange rose 1.8% to hit a fresh 52-week high of Rs 6,680 a day after the commodity major swung into black. The company reported a net profit of Rs 153.6 crore in the second quarter of the current financial year compared to a loss of Rs 19.1 crore in the same quarter a
By Ajit Mishra The markets remained under pressure for the third consecutive week, losing nearly half a percent as the corrective phase continued. While the benchmark indices initially showed signs of recovery, persistent selling by FIIs and a lackluster start to the earnings season weighed on sentiment, turning the bias negative. A recovery in banking
By Ravi Singh Nifty October futures are currently trading at a 75-point premium. We have seen a decent bounce of around 500 points after making a low of around 24,750 zone. We have seen a further downfall in the FII long ratio which is now at 35%. Furthermore, we have seen a sharp sell-off by
By Subash Gangadharan The daily timeframe indicates that Nifty is now stuck in a range between the 24900-25235 levels for the last one week. A close below this range could see the Nifty moving down towards the 20-week SMA at 24663. The momentum readings like the 14-day RSI are in decline mode which increases the
The National Stock Exchange (NSE) and BSE will hold their annual Diwali Muhurat trading session on Friday, November 1, from 6:00 PM to 7:00 PM, marking the beginning of the Hindu calendar year, Samvat 2081. While the stock market will be closed for trading on Diwali, the special one-hour Muhurat trading session will be open
Shares of RBL Bank slumped by 13%, hitting an intra-day low of Rs 176.50 on the NSE today following the announcement of its Q2FY25 results. The bank reported a 24% year-on-year (YoY) decline in profit after tax (PAT) to Rs 223 crore for the quarter ended September 2024. RBL Bank’s Q2FY25 Performance Despite the dip
IT major Tata Consultancy Services (TCS) on Thursday announced an interim dividend of Rs 10 and a special dividend of Rs 66 per equity share of Rs 1 each of the company. In a regulatory filing, TCS said, “We would like to inform you that at the Board Meeting held today, the Directors have declared
Crude oil remained stable. Brent Crude futures showed a down move of 6 cents and touched $76.1 per barrel. Similarly, US West Texas Intermediate crude futures were down by 5 cents and reached $73.27. There were strong expectations of increased demand for winter fuel, particularly due to colder weather in the Northern Hemisphere, that usually
Barflex Polyfilms, a player in the flexible packaging industry, is set to open its IPO on January 10. As investors eagerly await this IPO, let’s take a closer look at the key details of the offer and what it means for potential investors. Here’s everything you need to know about the upcoming IPO: Barflex Polyfilms
The NTPC Green Energy shares have fallen almost t 4% to an intraday low of Rs 120.50. This is in sync with the trend seen across the power stocks in the market today. Power stocks are under pressure and stocks that saw a big dent include Reliance Power (5%), Reliance Infra (4.8%), PTC India (3.7%)
Belated ITR Filing 2024-25: The extended deadline for filing belated income tax returns or submitting revised returns for the assessment year 2024-25 is quickly approaching. The final date for submission is just a week away, on January 15, 2025. Initially, the Central Board of Direct Taxes (CBDT) set the original deadline for filing belated or
