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equity

markets: Current valuations signal limited near-term growth potential: Vetri Subramaniam

by Tudur Aled
markets: Current valuations signal limited near-term growth potential: Vetri Subramaniam

“In fact, early in November when the markets came down, our asset allocation strategies actually used it as an opportunity to raise equity exposure, but I would just sort of …

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MobiKwik looks well placed to take advantage of growing digital payments trend

by Tudur Aled
MobiKwik looks well placed to take advantage of growing digital payments trend

IPO dates: December 11-13, 2024IPO price: Rs 265-279IPO size: Upto Rs 572 croreImplied market cap: Upto Rs 2,168 croreFace value: Rs 2 per shareLot size: 53 sharesRetail portion: 10% One …

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Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

by Tudur Aled
Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

Torrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue received bids of about Rs 14,000 crore against the base …

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Sebi proposes auction process to determine stock closing price

by Tudur Aled
Sebi proposes auction process to determine stock closing price

Markets regulator Sebi on Thursday proposed introducing a Close Auction Session (CAS) framework in the country to determine the closing price of stocks in the equity cash market. Currently, the …

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Vodafone Idea to raise Rs 2000 cr from Vodafone Group

by Tudur Aled
Vodafone Idea to raise Rs 2000 cr from Vodafone Group

Debt-ridden telecom firm Vodafone Idea on Thursday said its board will consider a proposal to raise Rs 2,000 crore from entities belonging to promoter Vodafone Group. The development follows Vodafone …

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Star Agriwarehousing files IPO papers with Sebi; aims to raise Rs 450 cr via fresh issue

by Tudur Aled
Star Agriwarehousing files IPO papers with Sebi; aims to raise Rs 450 cr via fresh issue

Star Agriwarehousing and Collateral Management Ltd, a tech-driven agricultural services firm, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The …

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Indraprastha Gas to consider bonus share issuance in December board meeting

by Tudur Aled
Indraprastha Gas to consider bonus share issuance in December board meeting

Natural gas distribution firm Indraprastha Gas (IGL) on Wednesday said it plans to propose a bonus share issue to its shareholders during its upcoming board meeting on December 10. The …

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Flexible workspace provider Smartworks receives SEBI approval for IPO

by Tudur Aled
Flexible workspace provider Smartworks receives SEBI approval for IPO

Flexible workspace provider Smartworks, has received approval from the Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO). As of March 31, 2024, …

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Nisus Finance Services IPO to open on Dec 4; eyes Rs 114 crore

by Tudur Aled
Nisus Finance Services IPO to open on Dec 4; eyes Rs 114 crore

Nisus Finance Services Co Ltd on Friday said it aims to raise over Rs 114 crore through its initial public offering (IPO) which will open for subscription on December 4. …

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Tech View: Nifty reclaims 21 DEMA, forms green candle. What should traders do on Monday?

by Tudur Aled
Tech View: Nifty reclaims 21 DEMA, forms green candle. What should traders do on Monday?

Indian headline indices closed in the green on Friday aided by pharma and auto stocks. While Nifty finished at 24,131.10, gaining 216.95 points or 0.91%, the 30-stock S&P BSE Sensex …

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