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January 7, 2025 New Delhi, India Parmeshwar Metal Limited IPO The Parmeshwar Metal Limited IPO, a small and medium enterprise (SME) offering, is set to finalize its share allotment status on Thursday, January 7, 2025. The IPO, which opened on January 2 and closed on January 6, saw overwhelming demand across investor categories, with a…
January 7, 2025 New Delhi, India Indo Farm Equipment IPO The shares of Indo Farm Equipment, a prominent manufacturer of agricultural and harvesting equipment, made a strong debut on the stock exchanges on January 7, 2025, following the completion of its highly oversubscribed IPO. Listing Details: BSE Listing: The stock opened at ₹258.40, reflecting a…
January 6, 2025 New Delhi, India Rupee Record Low The Indian rupee reached a fresh all-time low of 85.82 against the US dollar during early trade on Monday, slipping three paise from its previous close of 85.79 on Friday. This decline comes amid persistent foreign capital outflows and a strong US dollar index, which kept…
January 6, 2025 New Delhi, India Capital Infra Trust IPO The much-anticipated Initial Public Offering (IPO) of Capital Infra Trust InvIT, valued at ₹1,578 crore, is set to open for subscription from January 7 to January 9, 2025. The price band for the issue is fixed between ₹99 and ₹100 per share, attracting interest from…
January 6, 2025 New Delhi, India Nykaa Shares Nykaa’s parent company, FSN E-Commerce Ventures, witnessed its shares jump over 5% on January 6, 2025, following a promising Q3 FY2025 business update. The company reported consolidated net revenue growth exceeding the mid-20% range, driven by strong performance across its beauty and fashion verticals. Key Highlights Robust…
January 6, 2025 New Delhi, India Standard Glass Lining IPO The much-anticipated Standard Glass Lining IPO, marking the first mainboard initial public offering of 2025, opened with a bang on January 6. Within an hour of its launch, the IPO was fully subscribed, reflecting robust interest from retail and non-institutional investors alike. With a price…
January 3, 2025 New Delhi, India Stock Market Today The BSE Sensex plunged 720.60 points (0.90%) to close at 79,223.11, while the NSE Nifty50 slipped 183.90 points (0.76%) to end at 24,004.75. Both indices recorded intraday highs of 80,072.99 and 24,196.45, respectively, before succumbing to selling pressure. Sectoral and Stock Performance Sectoral Losers: IT, pharma,…
January 3, 2025 New Delhi, India DMart Shares Avenue Supermarts, the operator of DMart, announced a 17% year-on-year (YoY) rise in standalone revenue for Q3 FY25, reaching ₹15,565.23 crore, up from ₹13,247.33 crore in the same period last year. The update, shared on January 2 after market hours, propelled Avenue Supermarts’ stock to surge 15%,…
January 3, 2025 New Delhi, India Upcoming IPO The initial public offering (IPO) of Standard Glass Lining Technology Ltd, a leading engineering equipment manufacturer for the pharmaceutical and chemical sectors, is set to hit the markets on January 6, 2025. Key Highlights IPO Dates: Subscription starts January 6 and ends January 8. Price Band and…
January 3, 2025 New Delhi, India ITC Hotels Demerger The highly anticipated demerger of ITC Hotels has taken effect as of January 1, 2025. Investors eyeing ITC shares to receive ITC Hotels shares must act by today, January 6, which is the record date for the demerger. Share Allocation and Ownership Allocation Ratio: Shareholders will…
