Posts in category Business Standard
Should you buy or sell Nifty PSU or Pvt Banks? Here’s what charts recommend (06-02-2024)
According to Ravi Nathani, an independent technical analyst, the Nifty PSU index is current exhibiting a range-bound pattern; whereas Pvt Bank seems weak.
Australia Market falls 0.96% (05-02-2024)
At closing bell, the benchmark S&P/ASX200 index declined 73.55 points, or 0.96%, to 7,625.85. The broader All Ordinaries index dropped 76.21 points, or 0.96%, to 7,855.36.
Ageas Federal Life Insurance launches Multicap Fund in ULIP portfolio (05-02-2024)
This fund is designed to deliver returns by strategically investing in a diversified portfolio of listed companies spanning various market caps
BSE Q3FY24 results: Net profit more than doubles to Rs 108.2 crore (05-02-2024)
The bourse's revenue surged to Rs 431.5 crore in the third quarter of FY24 from Rs 245 crore reported a year ago
Apeejay Surrendra Park Hotels IPO subscribed 2.52 times on Day 1 of bidding (05-02-2024)
The initial public offer of Apeejay Surrendra Park Hotels, which runs hotels under the "The Park" brand, was fully subscribed on the first day of bidding on Monday and ended with 2.52 times subscription.
The Rs 920 crore IPO received bids for 8,75,33,280 shares against 3,47,61,903 shares on offer, as per NSE data.
The category for Retail Individual Investors (RIIs) received 5.70 times subscription while the quota for non-institutional investors fetched 3.24 times subscription. The portion meant for Qualified Institutional Buyers (QIBs) got subscribed 1.17 times.
The Initial Public Offer (IPO) has a fresh issue of up to Rs 600 crore and an offer for sale component of up to Rs 320 crore.
The IPO has a price range of Rs 147-155 a share.
Those offering shares in the OFS are Apeejay Surrendra Trust, Apeejay Pvt Ltd, RECP IV Park Hotel Investors Ltd, and RECP IV Park Co-Investors Ltd.
At present, promoters and promoter group members hold a 94.18 per cent stake in the company, and the
IEX records 26.1% growth in traded volumes (05-02-2024)
Achieves highest traded volumes since inception
Canara Bank receives re-validation in credit ratings (05-02-2024)
1. Re-validation of Rating at CRISIL AA+/Stable on the Tier I bonds (Under Basel III) aggregating Rs. 12,500 crore of Canara Bank.
KM Sugar Mills consolidated net profit declines 84.75% in the December 2023 quarter (05-02-2024)
Sales decline 39.48% to Rs 113.89 crore
Insecticides India consolidated net profit rises 31.38% in the December 2023 quarter (05-02-2024)
Sales rise 0.40% to Rs 357.94 crore
Central Cables reports standalone net loss of Rs 0.23 crore in the December 2023 quarter (05-02-2024)
Sales rise 46.43% to Rs 0.82 crore