Vipul Organics shares surged 20% after announcing a rights issue. The company plans to raise up to Rs 25 crore through the issue, which is priced at a 79.3% discount to the previous closing price. The funds will be used for capacity expansion at its Sayakha facility.
Posts in category Economic Times
European shares steady ahead of key regional inflation data (01-10-2024)
Investors are now looking ahead to the Eurozone’s flash inflation figures for September, due at 0900 GMT, which could decide whether the European Central Bank (ECB) lowers interest rates at its next meeting in two weeks.
Garuda Construction and Engineering fixes price band for IPO, issue opens October 8 (01-10-2024)
Garuda Construction and Engineering IPO will open for subscription on October 8. The issue includes a fresh equity sale worth Rs 173 crore and an OFS of Rs 90 crore, closing on October 10. The company has set a price band of Rs 92-95 per share, allowing investors to bid for 157 shares in one lot.
Kolkata-based Rahee Infratech files DRHP for IPO (01-10-2024)
Rahee Infratech Limited, based in Kolkata, has submitted its draft red herring prospectus to SEBI for an IPO. The company aims to raise funds through a mix of fresh issues and an offer for sale. Proceeds will fund capital expenditure, working capital, and general corporate purposes. Currently, the company is actively involved in several bridge and track projects across India.
Sahasra Electronics Solutions IPO allotment: Check status, GMP, listing date and other details (01-10-2024)
In the unlisted market, the company’s shares are trading at a premium of Rs 200. If this trend continues, the shares are expected to list with a 70% gain on October 4. The IPO has been priced at Rs 283 at its upper limit.
SRF shares down 0.58% as Nifty falls (01-10-2024)
The stock quoted a 52-week high price of Rs 2697.45 and low of Rs 2081.25.
Is the stock market closed tomorrow for Gandhi Jayanti? (01-10-2024)
Chinese stock markets will be closed from October 1 to October 7 for the week-long China National Day celebrations. Additionally, both Hong Kong and India will observe market closures on October 1.
Tube Investments shares down 0.63% as Nifty drops (01-10-2024)
A total of 7,015 shares changed hands on the counter till 02:03PM (IST).
Nalco, Tata Communications among 6 midcap stocks that hit 52-week highs on Tuesday (01-10-2024)
Despite the broader market weakness, six midcap stocks from the Nifty 500 index reached new 52-week highs.
PNB declines 2.05% as Sensex slides (01-10-2024)
The stock traded at a P/E multiple of 9.8, while the price-to-book value ratio stood at 1.34.