Vandan Foods Limited is preparing to launch its Initial Public Offering (IPO) with a fixed price issue of 26.50 lakh shares. The entire issue comprises a fresh issue of 26.50 lakh shares, which means that all the shares being offered are newly issued by the company, and no existing shareholders will be selling their stakes…
Shayona Engineering Limited is set to launch its Initial Public Offering (IPO), aiming to issue 10.32 lakh shares through a book-built process. This IPO will consist entirely of fresh issues amounting to 10.32 lakh shares. The specific dates for the IPO, the price band, and the allotment details are yet to be disclosed. Once finalized,…
Rama Telecom Limited is preparing to launch its Initial Public Offering (IPO) as a book-built issue of 36.96 lakh shares. The entire issue comprises fresh equity shares, meaning that the company is raising new capital rather than offering shares from existing stakeholders. The IPO dates and price band have not yet been announced, and the…
Medistep Healthcare Limited is launching an Initial Public Offering (IPO) through a fixed price issue of 37.44 lakh shares. This IPO is entirely a fresh issue, meaning that all 37.44 lakh shares being offered are newly issued by the company, and no existing shares are being sold by current shareholders. IPO Dates and Allotment Details…
Bharat Electronics Limited (BEL), a leading Navratna Defence Public Sector Undertaking (PSU), witnessed a notable rise in its share price during Thursday’s morning trading session. The surge came after the company announced a significant defence contract from the Indian Air Force (IAF) valued at ₹2,463 crore (excluding taxes). BEL made the announcement post-market hours on…
Several dividend-paying stocks are set to remain in focus on Thursday as they trade ex-dividend, attracting attention from market participants. Shares of HUDCO (Housing & Urban Development Corporation Ltd) and Sun TV Network are expected to be actively watched as they go ex-dividend today. In addition to these two companies, G R Infraprojects Ltd and…
Tesla’s share price staged a strong comeback on Wednesday, surging more than 7% as part of a broader rally in the U.S. stock market. The electric vehicle (EV) giant’s stock closed at $248.09, marking a notable 7.59% gain for the day. The momentum carried into after-hours trading, where Tesla shares climbed an additional 1.98%, signaling…
Indian benchmark indexes ended lower on Wednesday, weighed down by losses in the information technology (IT) sector, which officially entered bear market territory. Concerns over the health of the U.S. economy and a series of stock downgrades contributed to the negative sentiment. The Nifty 50 index closed 0.12% lower at 22,470.5, while the Sensex slipped…
Shruti Shibulal, one of the promoters of Infosys and the daughter of Infosys co-founder and former CEO SD Shibulal, acquired a significant stake in the company through a major block deal on March 12, 2025. Shruti purchased 29.84 lakh shares of Infosys through an open market transaction, amounting to a total deal value of ₹469.69…
Indian benchmark equity indices saw modest gains on Thursday, supported by strength in banking and IT stocks. Investor sentiment improved following softer-than-expected inflation data from both the United States and India, which raised hopes of a more stable economic outlook. The easing inflation figures provided relief to the markets, as they suggested that central banks…