Posts in category Business Standard
Nifty Bank, PSU Bank signal bullish trend on charts; key levels here (22-05-2024)
The Nifty PSU Bank Index, currently at 7,264.75, exhibits a bullish trend on the charts. However, it is approaching a significant resistance range between 7,265 and 7,365
Crude Oil, Natural Gas: Check key trading strategy, target price (22-05-2024)
Despite ongoing conflicts and lower demand growth expectations, oil prices remain steady
Awfis Space Solutions garners Rs 268 cr from anchor investors ahead of IPO (21-05-2024)
Co-working space operator Awfis Space Solutions Ltd on Tuesday said it has mobilised a little over Rs 268 crore from anchor investors a day before its initial share-sale opening for public subscription.
The company has allotted 70.13 lakh equity shares to 32 funds at Rs 383 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's website.
At this price, the firm has collected Rs 268.61 crore, it added.
Those who participated in the anchor round include -- Goldman Sachs, EastBridge Capital Master Fund, HDFC Mutual Fund (MF), ICICI Prudential MF, Axis MF, UTI MF, Aditya Birla Sun Life Insurance Company and SBI General Insurance Company.
The issue, with a price band of Rs 364-383 per share, will open on May 22 and conclude on May 27.
The proposed initial public offering (IPO) is a combination of fresh shares of Rs 128 crore and an offer for sale (OFS) of 1.23 crore shares worth Rs 471 crore at the upper end of the price band. This takes the tot
The milestone march: India’s market capitalisation hits $5 trillion (21-05-2024)
Enters exclusive club in less than 6 months after surpassing $4 trn mark
From 41 to 104: High-valued stock universe up 2.5x in a single year (21-05-2024)
Number of stocks commanding P/E ratios over 50x in March 2023 reflects market confidence
Sebi issues framework to shield stock price impact from market rumours (21-05-2024)
Framework aimed at providing price protection to acquirers
Sebi eases minimum promoter contribution norms to boost IPO process (21-05-2024)
Sebi has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in case of a shortfall without being identified as a promoter
AAVAS Financiers announces change in nominee director (21-05-2024)
With effect from 21 May 2024
Reliance Industries signs technology licensing agreement with Nel Hydrogen Electrolyser AS (21-05-2024)
For manufacturing electrolysers for captive purposes globally
BSE Metal index rises over 4%, posts biggest single-day jump in 17 months (21-05-2024)
Apart from the rise in metal prices, some stock-specific reasons, like the demerger of Vedanta group companies into separate entities, have also led to the rally in the metal pack