SBI Securities has recommended a ‘buy’ on MCX with a 12-month target of Rs 6,743.60, citing strong volume growth, improved fee transparency, a TCS software partnership, new product launches, and attractive valuation. MCX holds a 97.84% market share and ranks globally in commodity trading.
Shares of HDFC AMC fall as Nifty drops (03-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 3864.15.
Colgate-Palmolive (India) Ltd soars 1.15%, up for fifth straight session (03-10-2024)
Colgate-Palmolive (India) Ltd is quoting at Rs 3864, up 1.15% on the day as on 12:44 IST on the NSE. The stock is up 94.12% in last one year as compared to a 30.67% jump in NIFTY and a 25.69% jump in the Nifty FMCG.
InterGlobe shares down 4.49% as Nifty falls (03-10-2024)
The stock quoted a 52-week high price of Rs 5033.2 and low of Rs 2363.85.
Dev Information Technology share jumps 7% after arm files DRHP for IPO (03-10-2024)
Dev IT share price rose after its subsidiary, Dev Accelerator Limited (DevX), filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) aimed at expanding its coworking spaces.
MUDA Scam: Karnataka CM Siddaramaiah, son accused of tampering evidence, fresh complaint filed (03-10-2024)
A fresh complaint has been lodged against Karnataka Chief Minister Siddaramaiah and others by Pradeep Kumar, alleging that they tampered with evidence related to 14 land sites in the Mysuru Urban Development Authority (MUDA) case.
Garuda Construction and Engineering’s Rs 264 crore IPO to open on Oct 8 (03-10-2024)
Garuda Construction and Engineering Ltd on Thursday said it has fixed a price band of Rs 92-95 per share for its Rs 264-crore Initial Public Offering (IPO).
The initial share sale will open for public subscription on October 8 and conclude on October 10, the Mumbai-based company announced.
The IPO is a mix of fresh issue of 1.83 crore equity shares and an Offer For Sale (OFS) of 95 lakh equity shares by promoter PKH Ventures.
The IPO size has been pegged at Rs 264 crore at the upper end of the price band.
Proceeds from its fresh issuance to the extent of Rs 100 crore will be utilised for working capital requirements; and balance towards general corporate purposes including unidentified inorganic acquisitions.
Half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors. Investors can bid for a minimum of 157 equity shares and in multiples of 157 equity shares thereafter
Nazara Technologies (03-10-2024)
Yes, ad rates here are paltry. Even Sportskeeda realised this and now focuses on US sports. Cricket being the exception, the volume brings in the money.
DLF shares drop 4.16% as Sensex falls (03-10-2024)
On the technical charts, the RSI of the stock stood at 50.42.