Posts in category Business Standard
Power & Instrumentation (Gujarat) consolidated net profit rises 25.76% in the December 2023 quarter (14-02-2024)
Sales rise 41.53% to Rs 15.13 crore
Vikas Lifecare reports consolidated net loss of Rs 3.51 crore in the December 2023 quarter (14-02-2024)
Sales decline 25.88% to Rs 99.28 crore
Ladam Affordable Housing reports consolidated nil net profit/loss in the December 2023 quarter (14-02-2024)
Reported sales nil
Kemistar Corporation consolidated net profit declines 33.33% in the December 2023 quarter (14-02-2024)
Sales decline 68.90% to Rs 1.72 crore
Adani Group, Hindalco, Eicher: Five stocks to watch out for on Wednesday (14-02-2024)
Stocks to watch on Wednesday, February 14, 2024: Shares of Adani Group are likely to be in focus as ratings agency Moody's upgraded outlook on four of the group companies.
Gold price falls Rs 10 to Rs 62,830, silver declines Rs 100 to Rs 75,400 (14-02-2024)
The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,590
Here’s how to plan your trades in Nifty IT, Auto indices (14-02-2024)
According to Ravi Nathani, an independent technical analyst, the Nifty IT index seems range-bound on charts, while auto in a declining trend.
Vibhor Steel Tubes IPO garners 27.56 times subscription on Day 1 of offer (13-02-2024)
The initial public offer of steel pipes and tubes manufacturer Vibhor Steel Tubes got fully subscribed on the first day of bidding on Tuesday.
The IPO received bids for 9,89,99,604 shares against 35,92,445 shares on offer, garnering a 27.56 times subscription, as per NSE data.
The portion for non-institutional investors subscribed 48.28 times, while the quota for retail individual investors (RIIs) received 32.39 times subscription. The category for qualified institutional buyers (QIBs) got 3.56 times subscription.
On Monday, Vibhor Steel Tubes collected nearly Rs 22 crore from anchor investors.
The price band has been fixed at Rs 141-151 per share. The IPO will close on Thursday, February 15.
The Haryana-based Vibhor Steel Tubes's initial public offering (IPO) comprises a fresh issue of equity shares with a face value Rs 10 each, aggregating to an issue size of up to Rs 72.17 crore, through book building route.
Proceeds from the issue will be utilised for working capital requirem
Portfolio management service schemes outperform in January, shows data (13-02-2024)
The analysis considered 97 schemes which have the Nifty 50 Total Returns Index as its benchmark. Around 73 outperformed in January
Sebi cautions investors against unregistered cos promising assured returns (13-02-2024)
Capital markets regulator Sebi on Tuesday cautioned investors against placing money with unregistered entities promising assured or exceptionally high returns on investments.
While investing in the securities market, investors have been asked to conduct due diligence, verify the registration status of any entity claiming to be a Sebi-registered intermediary, and also verify enforcement action taken by the regulator against any entity.
"Investors should be cautious of any entity that promises assured or exceptionally high returns. The principle of 'higher returns come with higher risks of losing your money altogether' holds true in the securities market," Sebi said in a statement.
It further said that investments offering high returns usually involve high risk, including fraud risk, and there can be no guarantees of assured returns in the securities market.
This cautionary statement came after the Securities and Exchange Board of India (Sebi) observed a rising trend of unscrupulous