The Orient Technologies IPO saw huge demand, with investors subscribing 151.71 times the available shares. Today, investors are waiting to see if they’ve secured any shares, with the allotment results which are announced soon. Price range varies ₹195-₹206 per share, the IPO attracted a lot of interest, and the company’s stock is set to start…
A Premium Start, But What’s Next for Interarch Building Products? Interarch Building Products had a thrilling IPO debut, listing at a 44.3% premium on the NSE. However, the stock quickly dipped by 6%, leaving investors questioning its future. Despite strong financials and a well-established brand, the company faces risks tied to cyclical markets and high…
In a major move, SEBI has barred industrialist Anil Ambani and 24 others, including ex-Reliance Home Finance officials, from the securities market for five years. This action follows allegations of fund diversion. The ban aims to uphold market integrity and prevent further malpractices. Stay tuned for more updates on this unfolding story!
Price Cap Hike Pushes Annual Energy Costs to £1,717 From October, a typical UK household will see energy bills rise by £149, bringing the annual cost to £1,717. The increase, driven by international market pressures, will affect millions as government support dwindles. While still lower than last winter’s peak, prices are set to climb further…
Ex-Bonus Adjustment Central Depository Services (India) Ltd (CDSL) shares plummeted 48% today on the NSE, opening at Rs 1,500 from yesterday’s Rs 2,898.10. This drop is due to the stock trading ex-bonus, as the company issued a 1:1 bonus, effectively halving the share price. Post-Adjustment Performance Despite the correction, CDSL shares surged 6% post-adjustment, reaching…
Best Long-Term Stocks to Invest in 2024 Market Overview and Investment Strategy Despite recent corrections in the Sensex and Nifty 50, experts maintain a positive outlook on India’s stock market. The expected rate cut cycle and strong economic growth make it essential to pick stocks prudently. Top Stock Recommendations Reliance Industries Upside Potential: 17% JM…
Zomato’s acquisition of Paytm’s entertainment ticketing business comes with significant risks, warns Nomura. Smooth integration and initial cash burn are key concerns, especially with an unfamiliar team. However, with growth in quick commerce and food delivery, Zomato’s future remains promising. Investors eye a target price of Rs 280 amid potential long-term gains.
Billionaire Elon Musk recently sparked conversation on X by sharing a post that highlights how the ‘Gun’ emoji has transformed since 2013 across different platforms. Musk pointed out that the shift from realistic guns to toy-like versions mirrors what he calls the “rise of the woke mind virus.” He argues that this change reflects a…
