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16th May 2024
Bharti Airtel reported a 31.1 decline in consolidated net profit for the March quarter of FY 2023-24. The net profit fell short of analysts's estimates which ranged between ₹2,201 crore and ₹5,309 crore. Despite this, the company's consolidated
On May 14, Colgate Palmolive India reported its earnings for the quarter ended March. The company posted a consolidated net profit of ₹379.82 crore marking a 20.11 increase compared to the same period last year. Total sales reached ₹1,480.66 cro
Awfis Space Solutions Ltd – About the company Awfis Space Solutions Ltd was incorporated in the year 2014 to offer workspace solutions with a range of flexible options to cater to individuals, start-ups, SMEs, and companies. The company currentl
On the listing day of travel distribution firm TBO Tek attracted major attention from large foreign investors. Leading financial institutions including Goldman Sachs, Nomura Funds, Norges Bank and Valuequest Investment collectively acquired shares wo
Market Opening Boosted by Soft US CPI Data Indian stock market represented by Sensex and Nifty 50 opened on positive note on 16 May, pushed by news of lower than expected US inflation. This development driven rise in key US indices like S&P 50
In April 2024, US inflation rose less than expected signaling a downward trend. According to the Bureau of Labor Statistics, Consumer Price Index or CPI increased by 0.3 sequentially. Annually, CPI rose by 3.4 following 3.5 rise in March. This mar
Strong listing for TGIF Agribusiness IPO, then lower circuit TGIF Agribusiness IPO had a very strong listing on 15th May 2024, listing at a premium of 61.29. After a modest opening, the stock closed the day at the -5 lower circuit on the listing
About the ABS Marine Services IPO The stock of ABS Marine Services IPO has a face value of ₹10 per share and it is a book built issue. The price for the book building issue is set in the price band of ₹140 to ₹147 per share. Being a book bui
About the Veritaas Advertising IPO The stock of Veritaas Advertising Ltd has a face value of ₹10 per share and it is a book built issue. The price for the book building issue is set in the price band of ₹109 to ₹114 per share. Being a book b
About the Mandeep Auto Industries IPO The stock of Mandeep Auto Industries Ltd has a face value of ₹10 per share and it is a fixed price issue. The fixed price for issue is set at ₹67 per share. Being a fixed price issue, the question of price
15th May 2024
Positive listing for Silkflex Polymers (India) IPO, then trends lower Silkflex Polymers (India) Ltd had a positive listing on the NSE, listing at ₹60 per share; a premium of 15.38 to the issue price of ₹52 per share on 15th May 2024. However,
TBO Tek IPO opens strong, but closes flat TBO Tek Ltd had a strong listing on 15th May 2024, listing on the NSE at a robust premium of 55 to the issue price, but managed to close almost flat for the day, post listing. The stock of TBO Tek Ltd clo
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