The Stallion India IPO, which kicked off on January 16, is wrapping up its three-day subscription window today, January 20. With a price band set attractively at Rs 85 to Rs 90 per share, let’s take a look at the subscription status, GMP and other key details of this mainboard issue. Stallion India IPO: Subscription
If you applied for the Rikhav Securities IPO, today is the big day. The allotment of this SME offering, which closed its subscription window on January 17, is set to be finalised today, January 20. Investors who have participated in this issue can easily check their allotment status through platforms such as BSE, or the
Petrol, Diesel Price Today 20 January 2024: Oil prices rebounded on Monday as concerns over global supply continue to prevail following two rounds of sanctions by the United States impacting Russia’s energy sector because of the ongoing conflict in Ukraine. As per the latest update, Brent crude futures went up by 34 cents and reached
The share price of One97 Communications fell as much as 3% to an intra-day low of Rs 872.30 after the company reported a net loss in the third quarter of FY24. However, the Paytm share price recovered some ground soon to quote at Rs 899.20 on the National Stock Exchange. Shares of One97 Communications, the
Kotak Mahindra Bank share price has seen a big leg-up in Monday trade on strong earnings and an Upgrade from Nuvama on the back of the Q3 performance. price have been on an uptrend following its Q3FY25 earnings. The share price of Kotak Mahindra Bank surged by over 9% intra-day. The Kotak Mahindra Bank’s share
Wipro’s share price is up over 8% after the company reported its quarterly results. Some brokerage houses are however concerned about the IT sector outlook going forward and its implications on the stock- CITI cautious of Indian IT services Citi however is not convinced. It has maintained its ‘Sell’ rating on Wipro, with a target
Oyo is back at it again, reviving its IPO plans after two previously aborted attempts. The hospitality giant is gearing up to file its draft red herring prospectus (DRHP) by the end of the first quarter of FY25. This marks the company’s third try to go public, as it looks to cash in on a
Kalyan Jewellers is glitering this morning. The stock is up 9.5% intra-day after clocking nearly 37% losses YTD. In fact, Kalyan Jewellers shares fell in 4 out of 5 trading sessions last week and have wiped out more than 30% of investors’ wealth in the past month. This was after yielding over 500% returns in the last
Tax saving is one of the key factors when it comes to savings and investments for middle-class taxpayers and senior citizens. As regards senior citizens, they aim for financial security by investing their money primarily in non-market-linked products, which give them a sense of safety in times of volatile stock markets. Another key aspect of
ICICI Prudential Life Insurance Company’s share price slumped 10% to an intra-day low of Rs 572 despite reporting a 43% year-on-year jump in its net profit. The life insurance company reported a net profit of Rs 325 crore compared to Rs 227 crore in the same quarter a year ago. However, despite a stellar performance
The brokerage firm Kotak Institutional Equities has reaffirmed its ‘Buy’ rating on Karur Vysya Bank (KVB), citing the lender’s strong fundamentals and consistent financial performance as the key reasons for the positive outlook. According to them, the bank’s return on equity (RoE) of 17% and strong earnings growth have prompted the brokerage to increase its
Denta Water, a company specialising in the water treatment sector, has opened its IPO with a total size of Rs 220.50 crore today , January 22. As of the first day of bidding, the IPO made waves in the grey market, garnering the attention of many investors and analysts. Let’s take a look at the
Lenders frequently require certain loan applicants to provide loan guarantors. This condition is typically imposed when there are uncertainties regarding the repayment ability of the primary borrowers and co-borrowers. Additional circumstances that may prompt lenders to request loan guarantors include insufficient credit scores of the primary applicants, a precarious employment situation, loan amounts that surpass
