Posts in category All News
Bansal Wire IPO shares to debut on Wednesday. What GMP signals ahead of listing (09-07-2024)
Bansal Wire shares will debut on the bourses on Wednesday. Ahead of the listing, the company's shares were trading with a grey market premium of Rs 63. The company proposes to use the funds from the IPO to repay some of its debt, working capital requirements, and other general corporate purposes.
Cement prices likely to remain muted during this quarter: Rakesh Arora (09-07-2024)
No, we are not expecting any cut on GST on cement. It is a very touchy topic, meaning obviously 28% is a very high GST number for a thing like cement which is an essential commodity. But I think government would be vary that if they cut GST, it will not be passed on, that is number one.
Bitcoin jumps above $57K as markets hope for dovish stance from Powell (09-07-2024)
Bitcoin was trading 2.7% higher at $57,268, while Ethereum surged 5.3% to $3,071. Other prominent cryptocurrencies, including BNB, Solana, XRP, Toncoin, Dogecoin, Cardano, Tron, Shiba Inu, Polkadot, and Polygon, surged by up to 7%.
India is still a stock pickers’ paradise, says Porinju Veliyath, lauds Raymond for full value unlocking (09-07-2024)
Porinju Veliyath stresses market correction readiness, noting Raymond’s stock's rise from Rs 300 in 2021 to Rs 3,100. Raymond's lifestyle, real estate, engineering segments, Maini Precision ties, and the Rs 7,000 crore demerger on the 11th are key. Promoter attitudes, stock picking fundamentals, valuation comparisons, and a bulk deal in related stocks are also discussed.
Godrej Consumer share price down 0.67 per cent (09-07-2024)
A total of 26,185 shares changed hands on the counter till 02:09PM (IST).
KRBL, LT Foods, other rice stocks rally up to 14% amid export restriction relaxation (09-07-2024)
India’s consideration to ease rice export limits surged KRBL shares by 13%, LT Foods to a 52-week high, and Kohinoor Foods by 11%. Plans include fixed duties on white rice, scrapping 20% parboiled rice tax. Indian exports hit 2.9 million tons this fiscal year; monsoon season planting is critical for West Africa and Middle East reliance.
Keystone Realtors surges 6% on steady pre-sales growth in Q1; details here (09-07-2024)
Shares of Keystone Realtors surged up to 5.9 per cent at Rs 710.10 per share on the BSE in Tuesday's intraday trade
Jupiter Wagons shares fall 4% on QIP launch, sets floor price at Rs 689.47 per share (09-07-2024)
Jupiter Wagons' shares dropped 4% following approval for a qualified institutional placement at Rs 689.47 per share. The company reported a significant increase in profits and revenue for the latest quarter.