Jai Corp stock share price plummeted to its 52-week low of ₹247.90 on Thursday, January 2, after hitting the 20% lower circuit limit. The sharp decline comes amid heavy trading volumes following the announcement that Urban Infrastructure Holdings Pvt. Ltd. (UIHPL), where Jai Corp holds a 32% stake, is seeking shareholder approval for a proposed…
The much-awaited Indo Farm Equipment IPO has garnered significant attention in the market. With the share allotment scheduled for January 3, 2025, here are 10 essential points that investors should keep in mind before the stock gets listed on January 7, 2025. 1. Grey Market Premium (GMP) 2. IPO Subscription Numbers 3. Price Band and…
As 2025 begins, India stands out as a beacon of economic stability amid a volatile global economy. With expectations of sustained growth, driven by fiscal policies, private capital expenditures, and easing credit conditions, the nation’s stock market is poised for continued strength. Key sectors like infrastructure, technology, and consumer goods are expected to lead the…
Shares of Adani Wilmar fell nearly 7% in early trade on December 31, 2024, after Adani Enterprises announced its decision to exit the joint venture (JV) with Singapore’s Wilmar International. The Adani Group will offload its entire 44% stake in Adani Wilmar Limited (AWL) as part of a $2 billion deal, with the sale price…
The highly anticipated initial public offering (IPO) of Indo Farm Equipment Ltd, a leading tractor and engineering solutions provider, opened for subscription today, December 31, and will close on January 2. With a price band of ₹204 to ₹215 per share, the IPO has already garnered significant interest from investors across categories. Key Highlights of…
Unimech Aerospace IPO, a high-precision engineering solutions provider specializing in aerospace, energy, defense, and semiconductor manufacturing, made a grand debut on the stock market today. Its shares were listed at ₹1,460 apiece on the National Stock Exchange (NSE), reflecting a substantial 85.99% premium over the IPO issue price of ₹785 per share. Listing Highlights Trading…
The Citichem India Ltd IPO opened to an overwhelming response on Friday, December 27, 2024, with the issue fully subscribed within hours of its launch. The IPO, listed on the BSE SME platform, has garnered significant interest, particularly among retail investors. Here’s everything you need to know about the IPO. IPO Subscription Overview The IPO…
Christmas 2024: Last Trading Holiday of the Year Market Closure Details The Indian financial markets are set to observe their final holiday of 2024 on Wednesday, December 25, marking Christmas Day. Both major exchanges, the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), will remain closed for trading activities. This closure aligns with global…
As Christmas celebrations continue across the nation on Wednesday, December 25, 2024, investors eagerly await updates on the allotment status of five mainboard IPOs: Mamata Machinery IPO, Transrail Lighting IPO, Concord Enviro IPO, DAM Capital Advisors IPO, and Sanathan Textiles IPO. Latest Allotment Status Updates Investors who applied can check their allotment status on the…
As of December 25, 2024, gold rates in India have slightly declined, offering a potential opportunity for buyers. Here’s an updated overview of gold prices: Current Gold Rate Today in India Gold Rates Per Gram Gold Prices in Major Indian Cities City 22 Carat (₹) 24 Carat (₹) Bangalore ₹70,905 ₹77,355 Chennai ₹70,911 ₹77,361 Delhi…
