Man Infra Construction closed 37.7 per cent higher at Rs 349.85 above its issue price of Rs 252 on Thursday – the first day of its listing. The stock opened at Rs 318, which is also its intraday low, and touched a high of Rs 375 on
read more »
India Infoline has become the first India-based broker to get the Singapore Exchange (SGX)
read more »
Ms Kaku Nakhate will take over as Country Head (India) of Bank of America-Merrill
read more »
Turnover remained firm at Rs 66,223 crore on Thursday. The Nifty futures witnessed heavy short covering helping it score handsome gains during the closing hours. The Nifty closed at sharp premium at 5159.8 against the spot close of 5133.4 and
read more »
India Cements, the southern cement major, has been in the news for the last few days over its proposed qualified institutional placement (QIP)
read more »
Indian corporates are increasingly looking towards London Stock Exchange (LSE) for raising various forms of capital, according to Mr Ibukun Adebayo, Head of Business Development for India at
read more »
Sugar stocks have been one of the worst performers this week. Some stocks such as Bajaj Hindusthan and Balrampur Chini have dropped by over 10 per cent in the last three trading sessions. Since the beginning of the year, sugar stocks have
read more »
The Hindustan Unilever stock has been beaten down by 4 per cent on Thursday on concerns about a renewed price war emerging in the detergents
read more »
Traders with short-term trading perspective can buy the stock of Bombay Rayon Fashions. Since August 2009, the stock has been on a broad sideways consolidation in the range of Rs 180 and Rs 220. Though the stock tested the upper boundary in
read more »
Texmo Pipes and Products closed up 54.4 per cent at Rs 139 on the NSE on Wednesday against the issue price of Rs 90 on its listing
read more »
The Government has ‘no immediate plans' to offload stake in public sector undertakings ONGC and Indian Oil Corporation Ltd (IOC) through follow-on-public offerings. This was said by the Petroleum Secretary, Mr S. Sundareshan, at the
read more »
SEBI's recent decision requiring all investors in public offers to bring in the full application amount upfront may help weed out the phenomenon of qualified institutional bidders (QIBs) inflating their requirement for a particular primary market
read more »
Turnover improved to Rs 65,513 crore in the F&O segment on the NSE on Wednesday. The Nifty futures for the first time moved into premium to close at 5123.3 against the spot close of 5116.25. It added 1.6 lakh shares in open
read more »
Sanitary ware maker Neycer, part of the Spartek Group, will be re-listed on the bourses within a few months. It is expanding the capacity of its Vadalur plant in Tamil Nadu from 5,000 tonnes to 12, 500
read more »
With IPOs beginning to hit the markets in more numbers, how can investors use the offerings' gradings to decide on buying? An interview with Mr D.R. Dogra, Managing Director & CEO, CARE Ltd, clarifies the methodology and rationale behind the
read more »