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About the Stanley Lifestyles IPO The Stanley Lifestyles IPO will be a combination of a fresh issue of shares and offer for sale (OFS) component. The fresh issue brings in fresh funds into the company, but is also EPS and equity dilutive. The OFS i
Le Travenues Technology (Ixigo) IPO subscription Status on Day-3 As of 5.55 pm on 12th June 2024, out of the 437.69 lakh shares on offer in the IPO (excluding anchor portion), Le Travenues Technology (Ixigo) saw bids for 42,936.35 lakh shares. Thi
One 97 Communications Shares, the parent company of Paytm, built on the previous session's gains by increasing more than 4% on June 10. Over the last two sessions, the stock has surged by 14% as investor interest grew following an adjustment in the c
Wardwizard Innovations & Mobility Shares experienced a 20 percent increase, reaching the upper circuit, following the company's announcement of obtaining a significant order valued at $1.29 billion (₹10,768 crore) from Beulah International
The Securities and Exchange Board of India (SEBI), which serves as the country's markets regulator, has suggested stricter regulations for trading individual stock derivatives. SEBI believes these new rules are essential to prevent the risks of marke
On the morning of June 10, Suzlon Energy's shares fell by more than 5% following the resignation of Marc Desaedeleer, an Independent Director, effective from June 8. Desaedeleer's resignation letter cited several instances where the company's governa
On June 10, shares of Dr. Reddy's Laboratories fell in early trading after the US Food and Drug Administration (USFDA) issued a form 483 with four observations concerning its API manufacturing facility. As of 9:20 am IST, the Hyderabad-based pharmace
On June 10, Rail Vikas Nigam (RVNL) shares were trading slightly lower in early trade following the company's emergence as the lowest bidder (L1) for a contract from Southern Railway. At 09:34 am IST, RVNL was quoted at ₹374.00 on the NSE, down ₹
Why Are We Looking At RBI Forward Looking Surveys? Every alternate month, the RBI releases its forward looking surveys. In June 2024, on the same day that the Monetary Policy was announced, the RBI also released the comprehensive forward looking s
About the Le Travenues Technology Ltd (Ixigo) IPO The stock of Le Travenues Technology Ltd (Ixigo) has a face value of ₹1 per share and the price band for the book building IPO has been set in the range of ₹88 to ₹93 per share. The Le Traven
On June 7, Mastek's shares surged by almost 16%, following the announcement of a collaboration with Nvidia AI Enterprise, aimed at enhancing customer experience. By 11:59 am IST, Mastek's stock had risen by 8.7%, trading at ₹2,803.85 per share on t
Shares of Bengaluru-based IT services company Wipro Ltd. jumped up to 4% on Friday, becoming the top performer on the Nifty 50 index after securing an order in the US on Thursday. Wipro's shares are currently trading 3.6% higher at ₹477.55, maintai
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