[ad_1] The initial public offering (IPO) of Aprameya Engineering Limited garnered overwhelming interest and robust subscription. With the bidding period now concluded, investors eagerly wait for the IPO allotment, expected to be finalised today. The SME IPO, valued at â‚ą29.23 crore, opened for subscription on July 25 and closed on July 29, with a price…
[ad_1] Mid-cap and small-cap stocks have long been attractive for their high return potential. The Nifty Midcap index has outperformed the benchmark Nifty index for the fourth straight month in July (till date), rising 4.7 percent as against a 3.4 percent gain in Nifty. In 2024 as well, the mid-cap index has jumped over 30…
[ad_1] Celebrated for his value-oriented investment philosophy and unwavering long-term perspective, Chuck Akre is an American financier, businessman, and investor who has consistently produced impressive results. Akre advocates for investing in companies with enduring competitive advantages, robust balance sheets, and steady earnings growth. His widely emulated investing principles include: Avoid becoming fixated on the market’s…
[ad_1] Ola Electric IPO: SoftBank-backed Indian e-scooter maker Ola Electric will offer shares in the price band of 72-76 rupees ($0.86-$0.91) in its stock market offering which will open this week and be one of India’s biggest IPOs this year, a newspaper ad showed on Monday. Ola Electric’s roughly $740 million IPO will be the…
[ad_1] The combined market valuation of six of the top 10 valued firms jumped â‚ą1,85,186.51 crore last week, with Life Insurance Corporation of India (LIC) and Infosys emerging as the biggest gainers. Last week, the BSE benchmark climbed 728.07 points or 0.90 per cent. The valuation of LIC surged â‚ą44,907.49 crore to â‚ą7,46,602.73 crore. Infosys…
[ad_1] IT stocks have been witnessing decent traction since June this year. The Nifty IT index has gained nearly 24 per cent since June. In contrast, Nifty 50 has gained over 8 per cent in the same period. On the monthly scale, Nifty IT gained an 11 per cent in July so far, following an…
[ad_1] Continuing their stellar rally, shares of Suzlon Energy have attained another significant milestone in today’s session by hitting a 14-year peak as investors reacted positively to the company’s June quarter numbers, which were released on Monday, post market hours. In the June quarter, Suzlon Energy achieved its highest wind turbine deliveries in seven years,…
[ad_1] Although the banking sector has lagged behind the Indian benchmark Nifty index over the past 6 to 12 months, it is well-positioned for substantial long-term growth, driven by India’s largely underbanked population. In 2024, the Nifty Bank index has risen over 8 percent year-to-date, trailing the benchmark Nifty’s almost 13 percent increase. Meanwhile, over…
[ad_1] Infosys share price: Shares of India’s second-largest IT firm, Infosys, jumped nearly 5 per cent to hit a fresh 52-week high of â‚ą1,843 in early trade on BSE on Friday, July 19, a day after the company reported a better-than-expected April-June quarter (Q1FY25) scorecard. Infosys share price opened at â‚ą1,842.05 against its previous close…
