Major cryptocurrencies saw modest gains on Wednesday, with Bitcoin, Solana, and Cardano leading the rise. Bitcoin touched Rs 64,800 earlier today. The global crypto market cap increased 0.45% to $2.24 trillion. Experts expect further gains in the crypto market due to the global shift towards monetary easing.
Posts in category Economic Times
Sahasra Electronic Solutions’ IPO set to be India’s largest ever in SME segment. Check GMP, price band and other details (25-09-2024)
Sahasra Electronic Solutions is launching its IPO on September 26, aiming to become the largest in India’s SME history. The company plans to raise approximately Rs 186 crore through a fresh equity sale of 65.78 lakh shares and an offer for sale (OFS) of 5 lakh shares. The price band is set at Rs 269-283 per share, with a minimum bid of 400 shares.
Waaree Energies IPO expected in October: What investors need to know (25-09-2024)
The planned IPO targets a Rs 3,000 crore fundraising through a mix of new shares and an offer for sale. The OFS comprises up to 32 lakh equity shares, with major contributions from Waaree Sustainable Finance Private Limited, Chandurkar Investments Private Limited, and Samir Surendra Shah.
Frenzied retail demand pushing SME IPOs to dangerous heights: Sunil Subramaniam (25-09-2024)
This is exorbitant profit making. So, I think the regulator has to first put curbs on the merchant bankers. As you are saying, diligence of them and if they have found fault, there should be severe and strict punishment on the institutional piece of the business, that is one. Second is what this is also leading to is the raising of capital when it is not needed.
Aditya Birla Renewables raises Rs 2,500 crore through NCDs (25-09-2024)
The company allotted 2,50,000 unsecured, listed, rated, redeemable NCDs of face value of Rs 1 lakh each on September 24, 2024, Grasim Industries said in a filing.
PNB shares fall 2.54% as Nifty drops (25-09-2024)
The stock quoted a 52-week high price of Rs 142.9 and a 52-week low of Rs 67.34.
Godrej Consumer shares drop 1.59% as Sensex rises (25-09-2024)
A total of 17,626 shares changed hands on the counter till 01:59PM (IST)
Can multibagger HUDCO, 5 other housing finance stocks maintain their winning run on these two tailwinds? (25-09-2024)
JM Financial, in a recent note, emphasized the growth potential for financiers in the affordable housing sector. Citing a 2019 RBI committee report, they estimated a substantial Rs 58 lakh crore loan demand for housing, indicating a lucrative opportunity for lender
Looking for stocks with reasonable valuation and growth for next 2 -3 years? Consider these 3 themes: Ashish Gupta (25-09-2024)
Ashish Gupta, CIO of Axis MF, highlights three investment themes: consumption in discretionary sectors, the financial sector with a focus on private banks, and government-driven initiatives like Make in India and PLI. He notes that liquidity is driving market highs globally and emphasizes the importance of growth differentiation among companies.
Zomato shares down 1.8% as Nifty falls (25-09-2024)
The stock quoted a 52-week high price of Rs 298.2 and low of Rs 97.81.