Indian information technology shares have surged over the past month, driven by a turnaround in foreign investment and optimism over US Federal Reserve rate cuts, despite a turbulent global tech environment. Indian information technology shares have staged a broad recovery…
Milky Mist Dairy Foods’ initial public offering opened with a 34% subscription rate by midday, attracting investor attention due to the company’s rapid growth and strong brand, but raising questions over its rich valuation and significant debt burden. Milky Mist…
Shiprocket’s upcoming ₹1,617-crore offering on the BSE and NSE has garnered attention for its growth prospects and volatility, with analysts divided on its valuation and risk profile amid a competitive freight market. Shiprocket’s ₹1,617-crore initial public offering is set to…
Gold extended its rally on August 11, hitting its highest since June 5, driven by strong central bank purchases, softer US economic data, and geopolitical tensions, with analysts forecasting further gains. Gold extended its strong run on August 11, with…
Leap India’s initial public offering is rapidly approaching full subscription, driven by strong demand from non-institutional investors and anchor placements, setting the stage for a potential listing on the BSE and NSE. LEAP India’s ₹2,480-crore initial public offering moved closer…
Tablespace Technologies, a Bengaluru-based provider of managed workspace solutions, files draft papers for an ₹800 crore IPO, signalling its growth ambitions amidst India’s active primary market and strong industry fundamentals. Tablespace Technologies has taken the first formal step towards a…
Indian shares declined in midday trading on Tuesday, with benchmarks tumbling below recent lows as oil prices surge towards $88, sparking concerns over inflation and currency pressure, amid cautious options activity and sectoral shifts. Indian shares weakened in midday trade…
Shares of Unichem Laboratories soared nearly 18% after posting a significant profit swing and revenue growth in the first quarter, defying cautious market forecasts. Unichem Laboratories’ shares climbed sharply on Tuesday after the drugmaker reported a strong first quarter, swinging…
Oil India Ltd’s share price rose for the second consecutive session, driven by record quarterly profits and a positive broker rating, amid ongoing sector momentum and expanding production figures. Oil India Ltd extended its rally for a second session on…
Gold prices in India rose sharply on August 11, driven by a stronger global bullion outlook and increased investor interest, defying usual seasonal lull and amid cautious market sentiment ahead of US inflation data. Gold prices in India jumped sharply…
Dhoot Transmission’s ₹3,066.89-crore IPO attracted a 1.28 times subscription by mid-day on its second day, with non-institutional investors leading the demand in a mixed response across investor classes. Dhoot Transmission’s ₹3,066.89-crore initial public offering drew a decent response on the…
CSL Limited is regaining favour as healthcare shares rally, underlined by sector stability, recurring demand, and attractive valuations, making it a key defensive pick for income investors in an uncertain market. CSL Limited has come back into favour as healthcare…
