Posts in category Business Standard
Reliance Media works Financial Services Pvt reports standalone net loss of Rs 9.32 crore in the December 2023 quarter (06-03-2024)
Reported sales nil
Stocks to watch: Wipro, JM Financials, JSW Energy, NHPC, Zomato, Aavas Fin (06-03-2024)
Stocks to watch on 06, March, 2024: Wipro is set to acquire a 27 per cent stake in SDVerse LLC, aiming to enhance its leadership in software-defined vehicle and cloud car engineering services.
Gold climbs Rs 10, silver up Rs 100; yellow metal trading at Rs 64,860 (06-03-2024)
The price of 22-carat gold was also up by Rs 10 with the yellow metal selling at Rs 59,460.
Breakout stocks: JK Lakshmi Cement, Karnataka Bank can zoom up to 8% ahead (06-03-2024)
There has been a breakout in Karnataka Bank from downward sloping trend line on the daily chart. Price breakout is accompanied by rising volumes, as per Vijay Rajani
Nifty Financial, Nifty PSU Bank on an uptrend: How should you trade? (06-03-2024)
To confirm a positive breakout, investors should wait for the Nifty Financial Services index to break above 20,960 on a closing basis, says Ravi Nathani
Gopal Snacks collects Rs 194 cr capital from anchor investors ahead of IPO (05-03-2024)
Gopal Snacks Ltd on Tuesday said it has garnered Rs 194 crore from anchor investors, a day ahead of the start of its initial share sale.
The Rajkot-based company has allotted 48.36 lakh equity shares to 19 funds at Rs 401 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's website.
Those who participated in the anchor round are -- BofA Securities Europe SA, Bay Capital India Fund, ITI Mutual Fund, DSP Mutual Fund, Quant Mutual Fund, Edelweiss Mutual Fund and HDFC Life Insurance Company.
The issue, with a price band of Rs 381 to Rs 401 per share, will open for subscription on March 6 and conclude on March 11.
The proposed initial public offering (IPO) is entirely an offer for sale (OFS) of equity shares by promoters and other selling shareholders.
The OFS comprises the sale of shares by Bipinbhai Vithalbhai Hadvani, Gopal Agriproducts Private Ltd and Harsh Sureshkumar Shah.
Founded in 1999, Gopal Snacks is a fast-moving consumer goods .
Exicom shares make mega market debut; Platinum Industries gains 30% (05-03-2024)
Among sectoral indices, IT fell by 1.61 per cent, FMCG dipped 1.02 per cent, technology by 0.89 per cent, capital goods by 0.37 per cent and consumer durables by 0.36 per cent
AMCs may allow trail commission to mutual fund distributors: Amfi (05-03-2024)
Commission by Asset Management Companies to the New Distributor Upon a Change by the Investor
Bull run inspires another 4 million to open demat accounts in February (05-03-2024)
Influx of new investors shows that more households are taking to direct investing
Investors subscribe R K Swamy’s Rs 423 cr IPO 6 times on day 2 of bidding (05-03-2024)
The initial public offer of integrated marketing services firm R K Swamy received 6 times subscription on the second day of bidding on Tuesday.
The Rs 423.56 crore-IPO got bids for 4,94,64,550 shares against 82,32,946 shares on offer, according to NSE data.
The category for Retail Individual Investors (RIIs) received 18.28 times subscription while the portion for non-institutional investors got subscribed 9.71 times. The quota for Qualified Institutional Buyers (QIBs) fetched 37 per cent subscription.
The initial public offer (IPO) has a fresh issue of up to Rs 173 crore and an offer for sale component of up to 87,00,000 equity shares.
The IPO has a price range of Rs 270-288 a share.
RK Swamy Ltd on Friday said it has collected Rs 187 crore from anchor investors.
Funds raised through the fresh issue would be used for setting up a digital video content production studio, establishing new customer experience centres and computer-aided telephonic interview centres as well as for gen