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…
Alok Industries Share represents a well-known textile company in India, primarily engaged in manufacturing fabrics, garments, and home textiles. The company is backed by Reliance Industries, which has helped in its financial restructuring and revival. Alok Industries benefits from India’s strong textile demand and export opportunities, but it also faces challenges like high debt, raw…
Tata Steel is one of the largest and most trusted steel companies in India and globally. It plays a key role in infrastructure, construction, and automotive industries. The company has a strong presence in both domestic and international markets, including Europe and Southeast Asia. Tata Steel’s share price is influenced by factors like steel demand,…
ITC is one of India’s leading conglomerates, known for its strong presence in cigarettes, FMCG, hotels, paperboards, and agri-business. While its cigarette segment contributes significantly to revenue, the company is rapidly expanding its FMCG and hospitality businesses. ITC’s stock is considered a stable investment due to its strong financials, high dividend payouts, and consistent growth…
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…