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.
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.
Hercules hoist (01-10-2024)
Anyone tracking this? How will demerger impact on it?
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.
Hyundai Motor India Limited – HMIL (01-10-2024)
Thanks for your feedback. I am still in the learning phase so I will try to update myself and fundamental analysis as I learn.
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.