In a strategic move to counteract last week’s market decline, Rupak De, Senior Technical Analyst at LKP Securities, has recommended two stocks for the F&O market Godrej Consumer Products Ltd and ICICI Bank Ltd. With the Indian stock market having faced a more than 4% drop last week, the momentum shift observed today indicates a … Read more
HVAX Technologies made its debut on the NSE SME platform on Monday, with its shares listing at ₹486, a 6% premium over its issue price. The company’s IPO, which closed on October 1, saw an overwhelming response, receiving a subscription of 34.16 times. The issue price was ₹458 per share, and the company’s shares were … Read more
Shares of Avantel, a telecom product manufacturing company, skyrocketed by 13% to ₹201 on Monday, following the announcement of impressive financial results for the September quarter. This surge in stock price follows the company’s robust performance in the second quarter of fiscal 2025-25 (Q2 FY25), with a significant jump in revenue and net profit. Avantel’s … Read more
Senco Gold’s share price surged by 10% on Monday following the company’s announcement of a stock split and plans to raise up to ₹500 crore. The decision to split one equity share of ₹10 into two ₹5 shares marks the company’s first stock split since going public in July 2023. Along with the stock split, … Read more
Jio Financial Services shares surged over 3% in early morning trades on Monday, following a major announcement from the company. The boost came after the Securities and Exchange Board of India (SEBI) granted in-principle approval for Jio Financial Services to enter the mutual fund business in partnership with BlackRock, one of the world’s largest investment … Read more
Gold prices saw a notable decline today, driven by weak global signals and a strengthened U.S. dollar. After a robust U.S. jobs report indicated healthy economic activity, investor expectations of a rate cut by the U.S. Federal Reserve in November were diminished. Consequently, gold futures on MCX traded lower, reflecting these developments and a firmer … Read more
Nita Ambani born 1 November 1964 is a prominent Indian philanthropist and businesswoman. She is the founder and chairperson of the Reliance Foundation, the Dhirubhai Ambani International School, and serves as a director on the board of Reliance Industries. She is married to Mukesh Ambani, the chairman and managing director of Reliance Industries. With a … Read more
Garuda Construction and Engineering is set to open its initial public offering (IPO) on October 8, with shares priced between ₹92 and ₹95. The company, which offers civil construction services across various sectors, aims to enhance its capacity and target larger contracts with developers outside its existing group. The proceeds from the IPO will be … Read more
Transformers and Rectifiers India, a small-cap penny stock, has experienced a remarkable surge over the last four years, turning into one of the biggest multibagger stocks in the Indian market. Starting at just ₹6.50 per share in April 2020, it has skyrocketed to ₹680 per share as of today, delivering over 10,350% returns to investors … Read more
The Life Insurance Corporation of India (LIC) has recently increased its stakes in two key companies, Bank of Maharashtra and Apollo Tyres, raising investor interest in both these stocks. LIC, which is known for its strategic investments, now holds a larger portion of shares in these companies, which are expected to attract attention on October … Read more