Domestic markets are expected to open on a flat note, ahead of the US Federal chief’s pronouncements at the Jackson Hole summit. Gift Nifty at 24,865 signals a gain of about 60-70 points for Nifty at open. According to analysts, the markets are likely to move in a range ahead of the US Fed chief Jerome…
Orient Technologies’ IPO received a grand response from HNI and retail of investors on Day 1 of the issue opening on Wednesday. The IPO was subscribed at 6.65 times at the end of the opening day. Mumbai-based IT solutions provider Orient Technologies’ initial public offering (IPO) will close on Friday, August 23. The IPO consists…
One 97 Communications Ltd, which owns the Paytm brand, on Wednesday said it will sell entertainment ticketing business to Zomato for ₹2,048 crore. Entertainment ticketing business, including movies, sports, and events, will be available on the Paytm app during a transition period of up to 12 months, it said. The deal underscores the value Paytm…
Sensex, Nifty, Share Prices LIVE: The stock of Allcargo Logistics has largely charted a sideways trend since April 2023. Barring a brief rally above ₹78 a couple of times in 2024, the scrip has traded within the ₹60 and ₹78 band. Since July, the share price has moved in a narrower range of ₹60-65. This…
la Stock Price, Ola Electric Mobility Share Price Updates for August 21, 2024: Ola Electric has secured compliance certification under the production-linked incentive (PLI) scheme for its mass-market scooters S1 X 3kWh and S1 X 4kWh. Ola Electric shares closed 6% lower on Tuesday after hitting a fresh high above ₹155 mark. Ola Group recently…
Company: PNB Housing Finance Ltd (the “Company”) Exchange Identifiers: NSE: PNBHOUSING / BSE: 540173 Bloomberg Ticker: PNBHOUSI IN Equity Sole Bookrunner / Sole Broker: IIFL Securities Limited Type of Transaction: Vendor sale – By way of one or more share sales on the screen-based trading platform of Indian Stock Exchanges (“Sale”) Vendors / Sellers: General…
Advent International’s portfolio company, Manjushree Technopack, has filed draft papers for a ₹3000 crore initial public offer. The company will raise ₹750 crore through a fresh issue and ₹2,250 crore through an offer for sale. The private equity firm will sell some of its stake in the IPO. Its average acquisition cost was ₹361.85 apiece….
Larsen & Toubro informed the exchanges that the Bombay High Court has quashed a ₹2,237-crore GST demand raised against the company. “The Company had filed a Writ Petition in the Bombay High Court against the show cause notice issued by the Principal Commissioner of GST and Service Tax, Mumbai towards Service tax demand of Rs…
The Indian equity markets opened flat on Wednesday, mirroring the cautious sentiment in global markets ahead of the release of key US economic data later this week. The benchmark Nifty 50 index opened at 24,680.55, down marginally by 0.07% from the previous close of 24,698.85. Similarly, the Sensex opened at 80,667.25, a dip of 0.17%…
Target: ₹1,305.50 CMP: ₹1,231.45 Incorporated in 1995, Dodla Dairy Ltd (DDL) is an integrated dairy company in South India that is engaged in the procurement, processing, distribution, and marketing of milk and other dairy products. The long-term outlook of Indian dairy sector remains positive on account of favourable demographics, increase in expenditure on packaged food,…
