On Thursday, Online travel company Yatra Online said that it has mobilised Rs 348.75 crore from anchor investors ahead of its Rs 775-crore initial public offering (IPO). According to the circular uploaded on the BSE, The company has allocated 2.45 crore equity shares to 33 entities at Rs 142 apiece. ICICI Prudential Mutual Fund (MF), [...]
Shares of a pharmaceutical company gained nearly 5 percent to reach an intraday high of ₹ 310.00 apiece on the National Stock Exchange (NSE) after it was granted a patent for its invention for a period of 20 years. According to an exchange filing, Gufic Biosciences has been granted a patent for an invention entitled [...]
Shares of this fast-food chain jumped 14 percent to hit their 52-week high on Friday after a huge Block Deal that likely took place pertaining to the company’s shares. In the past month, the company’s scrip has gained more than 13 percent. With a market capitalization of Rs 6,427.35 crores, the stocks of Restaurant Brands [...]
On Friday, equity benchmark indices Sensex and Nifty hit new record peaks in early trade, due to a rally in global markets and fresh foreign inflows. Rallying for the 11th day running, the 30-share BSE Sensex jumped 255.46 points to hit its fresh all-time high of 67,774.46 in early trade. The Nifty went up by [...]
Vijay Kedia’s textile stock climbed by almost 8 percent to a 52-week high of Rs 635 per share on Friday’s trade after the company revised the share buyback offer to Rs 720 per share against the previous price of Rs 650. At 10:30 a.m., On the National stock exchange, Siyaram Silk Mills Ltd shares were [...]
While evaluating insurance companies, we look at various ratios like persistency ratio, solvency ratio, claim settlement ratio and so on. Persistency ratio indicates how many policyholders are paying the due premiums regularly on the policies with the insurer. In other words, it shows how loyal customers are to an insurance company. Persistency ratio is measured [...]
The Indian renewable energy sector is expected to grow at a CAGR of 10 percent between 2023 and 2028. In the long run, the sector is likely to be pushed by factors such as supportive government regulations, increased environmental consciousness, subsidies, and tax benefits for installing solar panels. The Ministry of New and Renewable Energy [...]
The government recently announced an incentive of 25% of the approved project cost to companies to boost exploration of critical minerals. "This incentive will be provided through the National Mineral Exploration Trust and will help in the discovery of critical minerals in the country," said Union Minister of Parliamentary Affairs, Coal, and Mines, Pralhad Venkatesh [...]
The second phase of Pratt & Whitney's engine recall will be covered by a service bulletin in two months, according to the aviation regulator DGCA, and the majority of engine removals are anticipated to take place in the first quarter of 2024. According to a note, the Directorate General of Civil Aviation (DGCA) also brought [...]
On Thursday this small-cap stock jumps more than 5% after the company signed a MoU with the government of Uttarakhand. The stock has delivered 47% returns in six months and 50% returns in YTD. The stock price has held at a high level because of strong and rising volume that is more than usual when [...]
