Ajax Engineering has filed draft papers for an IPO with Sebi. The IPO is solely an offer-for-sale of 2.28 crore equity shares by promoters and an investor. Kedaara Capital will sell 74.37 lakh shares. The company will not receive any proceeds from the IPO. Ajax Engineering is a leading concrete equipment manufacturer based in Bengaluru.
Ambuja Cements shares up 0.17% as Nifty drops (01-10-2024)
A total of 31,693 shares changed hands on the counter till 01:07PM (IST).
SSWL posts nearly 10% fall in net turnover in Sept’24; sales volume drops by 8% YoY (01-10-2024)
Steel Strips Wheels said that it has achieved monthly net turnover of Rs 362.12 crore, which is lower by 9.89% as compared with the figure of Rs 401.88 crore recorded in September 2023.
IIT Bombay partners with ABB to establish a electrical machines and drives lab on its campus (01-10-2024)
The Indian Institute of Technology Bombay (IIT Bombay) has partnered with ABB India to establish a cutting-edge teaching laboratory for electrical machines and drives at the Department of Energy Science and Engineering on its campus. This partnership aims to provide undergraduate and postgraduate students with hands-on experience using modern industrial equipment and prepare undergraduate and post-graduate students for future roles in the fast-evolving energy and industrial sectors while promoting environmental sustainability.
Exide Industries Ltd gains for third straight session (01-10-2024)
Exide Industries Ltd is quoting at Rs 512.3, up 1.94% on the day as on 12:49 IST on the NSE. The stock is up 97.04% in last one year as compared to a 32% jump in NIFTY and a 69.22% jump in the Nifty Auto index.
Granules India Ltd up for third consecutive session (01-10-2024)
Granules India Ltd is quoting at Rs 572.65, up 2.52% on the day as on 12:49 IST on the NSE. The stock is up 60.7% in last one year as compared to a 32% jump in NIFTY and a 51.41% jump in the Nifty Pharma index.
Federal Bank Ltd rises for third straight session (01-10-2024)
Federal Bank Ltd is quoting at Rs 199.83, up 1.58% on the day as on 12:49 IST on the NSE. The stock is up 32.6% in last one year as compared to a 32% jump in NIFTY and a 19.28% jump in the Nifty Bank index.
IIFL Securities zooms 73% in 2 mths, hits new high on strong earnings hope (01-10-2024)
IIFL Securities’ stock hit a new high of Rs 372, after having skyrocketed 203 per cent so far in financial year 2024-25.
Zomato – Should you order? (01-10-2024)
The food delivery market share increased from 45% to 57% over 3 years.
