Posts in category Business Standard
Profit booking in RIL pulls down indices; Sensex ends 802 points lower (30-01-2024)
Shares of RIL, the country's most valuable firm, fell 2.8 per cent and made a 246-point contribution to the Sensex decline
Crude oil up on tensions in West Asia, China economy worries limit gains (30-01-2024)
March Brent crude futures, which are due to expire on Wednesday, rose 8 cents, or 0.1%, to $82.48 a barrel by 1059 GMT
Profit booking in Reliance, drop in financials weigh on Indian shares (30-01-2024)
The blue-chip NSE Nifty 50 index declined 0.99% to 21,522.10 points and the S&P BSE Sensex fell 1.11% to 71,139.90
LIC’s $30 billion market rally gives IPO investors chance at redemption (30-01-2024)
The state-owned life insurer's stock climbed 1.9% Tuesday, to close at its highest level since its IPO in May 2022
Maruti Suzuki Q3: Analysts expect profitability to weaken QoQ; here’s why (30-01-2024)
Maruti Suzuki news: Analysts expect Q3 earnings to take a hit on a sequential basis on the back of adverse product mix and higher discounts offered during the December quarter.
BLS E-Services IPO fully subscribed within minutes of subscription opening (30-01-2024)
The Initial Public Offering (IPO) of BLS E-Services Ltd was fully subscribed within minutes of opening for subscription on Tuesday.
The Rs 311-crore IPO received bids for 5,83,39,440 shares against 1,37,02,904 shares on offer, translating into 4.26 times subscription, as per NSE data till 11:57 hours.
The quota for Retail Individual Investors (RIIs) fetched 14.21 times subscription, while the category for non-institutional investors got subscribed 4.71 times. The portion for Qualified Institutional Buyers (QIBs) received 2.04 times subscription.
The initial public offering has a fresh issue of up to 2,30,30,000 equity shares. It has a price range of Rs 129-135 a share.
BLS E-Services Ltd on Monday mobilised Rs 126 crore from anchor investors.
The company proposes to utilise net proceeds from the fresh issue to strengthen its technology infrastructure to develop new capabilities and consolidate its existing platforms, among others.
The money will also be used to fund initiatives f
Bank of Baroda to report Q3FY24 results on Jan 31; Here’s what to expect (30-01-2024)
Bank of Baroda news: Higher cost of deposits could put pressure on net interest margins, brokerages pointed out in their result preview report.
BLS E-Services IPO sails through on Day 1: Here’s all you need to know (30-01-2024)
BLS E-Services Rs 311 crore IPO was subscribed up to 2.5 times as of 11:30 AM on Day 1 of the offer period.
Mark Mobius joins Hong Kong-based Chartwell Capital as strategic advisor (30-01-2024)
Founded in 2007, Chartwell Capital is an independent, Hong Kong-based investment firm that focuses on China's Greater Bay Area and the Asia-Pacific region.
EPACK Durable lists at 4% discount to issue price on NSE (30-01-2024)
Post listing, the stock price of household appliances company fell to Rs 211.20, down 8 per cent when compared to its issue price of Rs 230 per share.