Posts in category Business Standard
Nifty Bank, Private Bank indicate bullish turn on charts; key levels here (15-05-2024)
The Nifty Bank Index, currently trading at an unspecified price, has experienced a sharp correction on the charts recently. However, there are indications of a potential technical bounce in the near
MOIL, Tech Mahindra: Top technical picks by HDFC Securities (15-05-2024)
Nifty formed a bullish candle on May 14, but did not close at its intraday high. It can now rise towards the 22302-22348 band while 22131 could offer support in the near term
WhiteOak MF launches spl opportunities fund; Allied Blenders gets IPO nod (14-05-2024)
Allied Blenders and Distillers, the maker of Officer's Choice Whisky, has received Sebi's go-ahead to raise Rs 1,500 crore through an IPO, an update with the markets regulator showed on Tuesday
Financial markets prefer stability, predictability: FM Nirmala Sitharaman (14-05-2024)
Warns of unchecked explosion in F&O retail trades
Sensex, Nifty indices extend winning run; Vix dips after 13-day rise (14-05-2024)
Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses
Mutual funds embrace healthcare, finance stocks as smallcaps bounce back (14-05-2024)
Smallcap funds raked in net inflows of Rs 2,209 crore in April amid a sharp rally in smallcap shares
Investors subscribe Piotex Industries’ IPO 108 times on final day (14-05-2024)
The initial public offering of Piotex Industries closed with an overwhelming subscription of 108 times on Tuesday.
The portion for non-institutional investors (NII) was subscribed 122 times, the quota for retail individual investors (RII) received 94 times subscription, bringing the overall subscription to 108 times until the final day of bidding on Tuesday.
Shares of the Pune-headquartered company will be listed on the BSE's SME platform.
The Rs 14.47 crore initial public offering (IPO) is entirely a fresh issue of 15.4 lakh equity shares with a face value of Rs 10 each.
The company has fixed the price of the issue at Rs 94 per share.
The company proposes to utilise the proceeds from the public offer to fund its working capital requirements, general corporate purposes and meet issue expenses.
Founded in 2019 by Abhay Shriram Asalkar and Yogesh Omprakash Nimodiya, the company is a supplier of yarn, fabric and cotton bales and works on an asset-lite model.
Piotex Industries recor
Board of Optiemus Infracom approves investment of Rs 29.05 cr (14-05-2024)
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Exide Industries invests Rs 74.99 cr in Exide Energy Solutions (14-05-2024)
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MIC Electronics receives LoA from Eastern Railway Zone (14-05-2024)
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