Solar energy solutions provider Alpex Solar Ltd has announced a price band of Rs 109-115 per share for its Rs 75-crore initial public offering (IPO). The IPO is set to open for public subscription on February 8 and will close on February 12. Prior to the public offering, there will be a one-day bidding session […]
Paytm’s stock has faced a third consecutive day of decline, driven by concerns that the Reserve Bank of India is contemplating revoking the license of Paytm Payments Bank Ltd. The central bank has identified several lapses, including multiple transactions breaching regulatory limits, raising money-laundering concerns. This development adds to the mounting troubles at the once-celebrated […]
Shares of One97 Communications Ltd, the parent company of the Paytm brand, faced another significant downturn on Friday, plunging by 20% after the Reserve Bank of India (RBI) directed Paytm Payments Bank Ltd (PPBL) to cease accepting deposits or top-ups in any customer accounts, wallets, FASTags, and other instruments after February 29. The stock hit […]
Abbott India witnessed a 9% surge in its shares during morning trading on February 2 after announcing robust earnings for the December quarter. The company reported a net profit of Rs 311 crore in Q3, marking a 26% YoY increase. Despite the adverse impact of including key drugs in the government’s essential medicines list, which […]
NHPC (Rs. 2603.20 crore), NBCC (Rs. 2347.03 crore), HUDCO (Rs. 1444.52 crore), SJVN (Rs. 1299.00 crore), L&T (Rs. 1126.25 crore), PNB (Rs. 992.97 crore), Adani Ports SEZ (Rs. 904.89 crore), RIL (Rs. 904.55 crore), HDFC Bank (Rs. 847.13 crore), and Indian Renewable (Rs. 749.13 crore) were among the most traded stocks on the National Stock […]
Shares of Housing & Urban Development Corporation Ltd, HUDCO and NBCC India soared by up to 16 percent each on February 2, following Finance Minister Nirmala Sitharaman’s Budget 2024 announcement promising the development of two crore houses over the next five years under the PM Awas Yojana (PMAY) Grameen. In her speech, Sitharaman stated, “Despite […]