Rameshbabu Praggnanandhaa The AB Infrabuild Rights Issue is scheduled to open on April 7, 2025, and will close on April 25, 2025. The record date for the rights issue has been set as March 10, 2025. Through this issue, the company aims to offer 1,06,46,489 equity shares at a price of ₹37.5 per share, with a total … Read more
Bharat Electronics Ltd (BEL), a leading defense public sector undertaking (PSU), saw its stock jump over 2% on Monday after global brokerage Jefferies raised its target price to ₹325. The rise in BEL’s share price comes as the company is expected to receive ₹11,300 crore in new orders, helping it meet its FY25 order inflow … Read more
IndusInd Bank shares took a hit on Monday, falling nearly 5.4% to ₹886.40 after the Reserve Bank of India (RBI) approved only a one-year extension for its CEO, Sumant Kathpalia. The bank’s board had recommended a three-year extension, but this is the second time the RBI has granted a shorter term. Why Did the IndusInd … Read more
Asian Paints’ shares witnessed a significant rally, climbing nearly 5 percent to Rs 2,267, marking their highest level in three years. The surge came on the back of a broader market rally, fueled by a sharp decline in global crude oil prices. The recent dip in crude oil rates has bolstered investor sentiment, especially for … Read more
In a move that has sent shockwaves through global markets, US President Donald Trump announced on Monday that 25% tariffs on imports from Canada and Mexico would be implemented starting Tuesday. The decision aims to pressure both countries to intensify efforts in combating fentanyl trafficking and curbing illegal immigration. Trump’s Bold Announcement Open Demant With … Read more
The Indian stock market witnessed a surge in oil marketing company (OMC) stocks on March 6, 2025, as Brent crude oil prices plummeted below the $70 per barrel mark, the lowest in three years. This development has created a favorable environment for companies such as Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL), … Read more
Shares of Gensol Engineering Ltd have continued their downward spiral, hitting a 52-week low of Rs 335.35 on Thursday, March 6, 2025, following successive credit rating downgrades by CARE Ratings and ICRA. The stock has been locked in the lower circuit of 10% for three consecutive trading sessions, shedding nearly 40% in the last three … Read more
Castrol India shares experienced a remarkable surge of 11.63% on March 6, 2025, following reports that Saudi Aramco is considering a potential bid for BP Plc’s lubricant business. The stock climbed to ₹248.29 on the Bombay Stock Exchange (BSE), marking its highest intraday gain in the past seven months. This development has caught the attention … Read more
The year 2025 is anticipated to bring a wave of exciting government PSU IPOs to the Indian stock market. Among the notable offerings, NLC India Green Energy, Bharat Coking Coal (BCCL), and Canara Robeco Asset Management are expected to make their public debut. According to market buzz, BCCL has already filed its Draft Red Herring … Read more
The NAPS Global IPO opens for subscription on March 4, 2025, and remains available until March 6, 2025. This IPO consists of a fresh issue of 13.20 lakh equity shares, amounting to ₹11.88 crore, with no Offer for Sale (OFS) component. The issue price is set at ₹90 per share, with a face value of … Read more