NSE data revealed that the IPO had garnered bids for merely 1,10,51,578 shares out of 16,01,09,703 on offer, translating to a subscription rate of just 0.07 times
Posts in category All News
Midnight police raid over black money sparks political row ahead of Palakkad by-poll (06-11-2024)
Police raided a hotel in Palakkad, Kerala, late at night. They were looking for black money. Congresswomen were staying at the hotel. Congress said the raid was planned by CPI(M) and BJP. CPI(M) and BJP said Congress was using black money for the election. Police said it was a routine search and nothing was found.
IEX gains after electricity volume increase 4% YoY to 9,642 MU in Oct’24 (06-11-2024)
Indian Energy Exchange (IEX) rose 1.50% to Rs 175.65 after the company informed that it has achieved electricity volume of 9,642 million units (MU) in October 2024, registering a growth of 4% YoY basis.
Asset quality risk, a worry for IndusInd (06-11-2024)
A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank’s share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.
Asset quality risk, a worry for IndusInd (06-11-2024)
A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank’s share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.
Indices trade with strong gains amid US Presidential elections; oil & gas stocks rally (06-11-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex advanced 723.07 points or 0.91% to 80,197.46. The Nifty 50 index added 213.40 points or 0.88% to 24,426.70.