Indias food-delivery giant, Swiggy Ltd, is reportedly gearing up to file for its initial public offering (IPO) as early as this week. According to individuals familiar with the matter, Swiggy is aiming to raise over $1 billion from the offering.
Coforge Ltd informed today about its upcoming meeting of Board of Directors scheduled to take place on October 22, 2024 to consider financial results and dividend. Current market price of Coforge Ltd shares on BSE is Rs 6992.80 per share. Coforge shares surged over 7% in last 1-week and zoomed 113% in last 2-years. The company on July 22, 2024 recommended an interim dividend of Rs 19/share.
Gold prices in India witnessed decline after 3-consecutive days rally as trades expect the start of US easing cycle with prospects that it is likely to begin with an outsized rate cut. Silver prices today also recorded decline today.
Large cap IT software sector company Infosys Ltd will hold meeting of Board of Directors on October 17, 2024 to consider financial results. The company will also consider declaration of interim dividend, if any.
Coal India Limited (CIL) remained a key player, with its production rising to 311 MT during the same period, marking a growth of 2.80 per cent compared to 302.53 MT in the corresponding period of the previous year, according to the Ministry of Coal.
Gold prices in India today registered rally yet again amid hopes of a sharper interest rate cut by the US Federal Reserve later this week and softer dollar. Silver prices in India rallied by Rs 8500 in last 8 days.
On September 17, after the Niftys Relative Strength Index (RSI) breaking over 60 on the daily charts, which suggested more strong momentum, Choice Broking executive director Sumeet Bagadia recommended buying two intraday stocks.
Small cap company engaged in textile industry Indo Cotspin Ltd shares today hit 5% lower circuit to settle at Rs 48.55 per share on BSE. The company today issued update on allotment of bonus equity shares.
The much-anticipated share allotment for Bajaj Housing Finances IPO will be finalized today, Thursday, September 12. Investors who applied for the IPO can now check their allotment status on the official portal of Kfin Technologies Ltd, the IPO’s registrar.
This development follows a recent fine levied on Axis Bank by the Reserve Bank of India for non-compliance with regulations.
The company is going to turn ex-date in five days for its upcoming bonus issue allotment of 1:4. It needs to be noted that there is a restriction in trading under Ujaas Energy as the company is undergoing bankruptcy procedure.
After listing, the market valuation of PNG Jewellers is expected to be over Rs 6,510 crore. PNGs competitors on the stock market will be Titan Company, Kalyan Jewellers, PC Jewellers, Senco Gold, Thangamayil Jeweller, and Tribhovandas Bhimji among others.
Servotech Power Systems shares jumped more than 25% this week after the company won an order to install 11 public EV charging stations for Bangalore Electricity Supply Company.Servotech will set up public electric vehicle (EV) charging stations at 11
Banks, schools and government offices will be closed accordingly in cities. However, does this apply to the Indian stock market as well? Will trading on BSE and NSE be closed on Wednesday?
Sumeet Bagadia, executive director of Choice Broking, suggested purchasing two intraday stocks on September 16 due to the Niftys ongoing record-breaking performance, which suggested an upward trajectory.