Month: May 2024

Sai Swami Metals shares list at 90% premium over issue price

 stock analyst  05/08/2024  0 Comments on Sai Swami Metals shares list at 90% premium over issue price

Sai Swami Metals share Price: Sai Swami Metals debuted on the BSE SME platform with a 90% premium, opening at Rs 114 compared to its issue price of Rs 60. Pre-listing, the stock traded with a Rs 50 premium in the unlisted market.

Dr Reddy’s shares tumble 5% as Q4 numbers fail to impress analysts. Should you buy, sell or hold?

 stock analyst  05/08/2024  0 Comments on Dr Reddy’s shares tumble 5% as Q4 numbers fail to impress analysts. Should you buy, sell or hold?

Dr Reddy’s Share Price: The company said that the jump in YoY net profit was largely driven by growth in global generics revenues in North America as well as emerging markets. DRL’s revenue also increased 12% YoY to Rs 7,083 crore.

Indegene IPO booked over 10x so far on Day 3. Check subscription, GMP and other details

 stock analyst  05/08/2024  0 Comments on Indegene IPO booked over 10x so far on Day 3. Check subscription, GMP and other details

Indegene IPO GMP: On the final day of the initial public offer (IPO), Indegene was booked a little over 10 times so far on Wednesday, the last day of the bidding process.

Aadhar Housing Finance IPO booked 19% so far on the first day. Check subscription, GMP and other details

 stock analyst  05/08/2024  0 Comments on Aadhar Housing Finance IPO booked 19% so far on the first day. Check subscription, GMP and other details

Aadhar Housing Finance IPO Status: Aadhar Housing Finance\’s IPO received 19% subscription on its first day, with QIB investors subscribing 32%, retail investors 14%, and non-institutional investors 12%.

Canara Bank Q4 Results: Profit jumps 18% YoY to Rs 3,757 crore; NII rises 11%

 stock analyst  05/08/2024  0 Comments on Canara Bank Q4 Results: Profit jumps 18% YoY to Rs 3,757 crore; NII rises 11%

Canara Bank Q4 Results: The company\’s Board has also recommended a dividend of Rs 16.10 per share, 161% of face value each, for the financial year 2023-24

Jamnagar-based Winsol Engineering\’s IPO booked 140x so far on Day 3; Refractory Shapes\’ issue subscribed 24x

 stock analyst  05/08/2024  0 Comments on Jamnagar-based Winsol Engineering\’s IPO booked 140x so far on Day 3; Refractory Shapes\’ issue subscribed 24x

Winsol Engineering IPO: The initial public offer (IPO) of Jamnagar-based Winsol Engineering has been receiving a bumper response from investors with an overall subscription of 140 times on Wednesday, the third day of the bidding process. The issue closes on May 9.

Jamnagar-based Winsol Engineering\’s IPO booked 140x so far on Day 3; Refractory Shapes\’ issue subscribed 24x

 stock analyst  05/08/2024  0 Comments on Jamnagar-based Winsol Engineering\’s IPO booked 140x so far on Day 3; Refractory Shapes\’ issue subscribed 24x

Winsol Engineering IPO: The initial public offer (IPO) of Jamnagar-based Winsol Engineering has been receiving a bumper response from investors with an overall subscription of 140 times on Wednesday, the third day of the bidding process. The issue closes on May 9.

Jamnagar-based Winsol Engineering\’s IPO booked 140x so far on Day 3; Refractory Shapes\’ issue subscribed 24x

 stock analyst  05/08/2024  0 Comments on Jamnagar-based Winsol Engineering\’s IPO booked 140x so far on Day 3; Refractory Shapes\’ issue subscribed 24x

Winsol Engineering IPO: The initial public offer (IPO) of Jamnagar-based Winsol Engineering has been receiving a bumper response from investors with an overall subscription of 140 times on Wednesday, the third day of the bidding process. The issue closes on May 9.

Jamnagar-based Winsol Engineering\’s IPO booked 140x so far on Day 3; Refractory Shapes\’ issue subscribed 24x

 stock analyst  05/08/2024  0 Comments on Jamnagar-based Winsol Engineering\’s IPO booked 140x so far on Day 3; Refractory Shapes\’ issue subscribed 24x

Winsol Engineering IPO: The initial public offer (IPO) of Jamnagar-based Winsol Engineering has been receiving a bumper response from investors with an overall subscription of 140 times on Wednesday, the third day of the bidding process. The issue closes on May 9.

KM Birla said to mull seeking $1.2 billion in Novelis IPO

 stock analyst  05/08/2024  0 Comments on KM Birla said to mull seeking $1.2 billion in Novelis IPO

Novelis IPO: Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, the people said, asking not to be identified because the matter is private.

Paytm shares plummet 5%, hit all-time low as lending partners invoke loan guarantees

 stock analyst  05/08/2024  0 Comments on Paytm shares plummet 5%, hit all-time low as lending partners invoke loan guarantees

Paytm Share Price: Paytm shares plummeted to an all-time low after Aditya Birla Finance invoked loan guarantees due to repayment defaults. Other partners like Piramal Finance and Clix Capital have also terminated their partnerships, reflecting stress in Paytm\’s lending business amidst regulatory actions and market conditions.

Bharat Forge shares jump over 9%, hit 52-week high on stellar Q4 show

 stock analyst  05/08/2024  0 Comments on Bharat Forge shares jump over 9%, hit 52-week high on stellar Q4 show

For the full financial year, the profit after tax (PAT) jumped to Rs 910 crore, a 79% uptick over Rs 508 crore reported in the year-ago period. The consolidated revenue from operations stood at Rs 4,164 crore, a 15% YoY gain over Rs 3,629 crore reported in the year-ago period.