Posts in category Business Standard
Stocks to Watch, Aug 31: Sula Vineyard, RVNL, Natco Pharma, Kamat Hotels (31-08-2023)
Stocks to Watch on today, August 31, 2023: Verlinvest Asia PTE is seeking to divest up to a 12.56 per cent stake in Sula Vineyards Ltd through a block deal today
Stock Market Live: Global shares exhibit strength; Brent above $86/barrel (31-08-2023)
Stock market live updates: At 6:50 am, the Gift Nifty Futures rose 35-odd points to quote at 19,480 levels, a against Nifty Futures' Wednesday close
Gokaldas Exports shares settle 18% higher; hit 52-week high for 2nd day (30-08-2023)
Extending its rally for the second straight session, shares of Gokaldas Exports on Wednesday settled more than 18 per cent higher a day after the company said it has entered into an agreement through its wholly-owned subsidiaries to acquire UAE-based Atraco Group.
The stock of the company opened on a bullish note at Rs 780, then gained further ground and rallied 18.68 per cent to close at Rs 873.85 apiece on the BSE.
On the NSE, it zoomed 14.78 per cent to end at Rs 844 per share.
During the day, it touched a 52-week high of Rs 883.55 and 882.40 per piece on the BSE and NSE, respectively, for the second consecutive day.
On the volume front, 8.46 lakh shares were traded on the BSE, while more than 1.21 crore shares were traded on the NSE, during the day.
The company commanded a market valuation of Rs 5,300.03 crore on the BSE.
The 30-share BSE Sensex and Nifty closed on a flat note at 65,087.25 and 19,347.45 points, respectively.
On Tuesday, Readymade garment manufacturer and exp
Sensex, Nifty shed early gains to end flat; decline in banking, power share (30-08-2023)
The 30-share BSE Sensex ended 0.02 per cent or 11.43 points higher at 65,087.25 points, marking its third straight day of gains
Rishabh Instruments IPO subscribed 73% on Day 1, received 5.6 mn bids (30-08-2023)
The Initial Public Offering (IPO) of global energy efficiency solution company Rishabh Instruments was subscribed 73 per cent on the first day of subscription on Wednesday.
The IPO received bids for 56,75,008 shares against 77,90,202 shares on offer, as per the NSE data.
The category for Non-Institutional Investors (NIIs) was subscribed 1.24 times, while the portion for Retail Individual Investors (RIIs) was subscribed 92 per cent.
The quota for Qualified Institutional Buyers (QIBs) got subscribed 1 per cent.
The IPO comprises a fresh issue of equity shares aggregating up to Rs 75 crore and an Offer For Sale (OFS) of up to 94.3 lakh equity shares by its promoter group shareholders and an existing investor.
Asha Narendra Goliya, Narendra Rishabh Goliya (HUF), Rishabh Narendra Goliya, and SACEF Holdings II will offload shares of the company in the OFS.
The company has fixed a price band for the IPO at Rs 418-441 per share.
Rishabh Instruments on Tuesday said that it has raised Rs
Rishabh Instruments IPO subscribed 73% on Day 1, received 5.6 mn bids (30-08-2023)
The Initial Public Offering (IPO) of global energy efficiency solution company Rishabh Instruments was subscribed 73 per cent on the first day of subscription on Wednesday.
The IPO received bids for 56,75,008 shares against 77,90,202 shares on offer, as per the NSE data.
The category for Non-Institutional Investors (NIIs) was subscribed 1.24 times, while the portion for Retail Individual Investors (RIIs) was subscribed 92 per cent.
The quota for Qualified Institutional Buyers (QIBs) got subscribed 1 per cent.
The IPO comprises a fresh issue of equity shares aggregating up to Rs 75 crore and an Offer For Sale (OFS) of up to 94.3 lakh equity shares by its promoter group shareholders and an existing investor.
Asha Narendra Goliya, Narendra Rishabh Goliya (HUF), Rishabh Narendra Goliya, and SACEF Holdings II will offload shares of the company in the OFS.
The company has fixed a price band for the IPO at Rs 418-441 per share.
Rishabh Instruments on Tuesday said that it has raised Rs
Trent steals the thunder from DMart on valuations (30-08-2023)
PE ratio at 150 times is far ahead than DMart's 101
Trent steals DMart’s thunder to become hottest retail stock on valuations (30-08-2023)
Tata-owned fashion retailer's P/E ratio at 150 times is far ahead of DMart's 101 times
Softbank sells 1.16% stake in Zomato, Navi MF files papers with Sebi (30-08-2023)
Navi Mutual Fund may soon join other peers in launching a balanced advantage fund
Softbank sells 1.16% stake in Zomato, Navi MF files papers with Sebi (30-08-2023)
Navi Mutual Fund may soon join other peers in launching a balanced advantage fund