Sebi looks to raise threshold of outstanding long-term borrowings for large corporates
Under the current rules, large corporates are those that need to have an outstanding long-term borrowing of at least Rs 100 crore; a credit rating of ‘AA and above’ and a target to finance themselves with long-term borrowings (above 1 year).
Ashish Kacholia-backed Aeroflex Industries IPO to open on August 21. check details
The company exports Make-in-India metallic flexible flow solutions to over 85 countries. Exports contribute more than 80% to the total revenues. The IPO, with a face value of Rs 2 per equity share, comprises a fresh issue of equity shares worth up to Rs 160 crore and an offer-for-sale of up to 17.5 million equity […]
These 6 large-cap stocks record their new 52-week high
During Thursday’s trading session, the benchmark index Sensex witnessed a substantial decline of around 307 points, closing at a value of 65,688. However, despite this market downturn, six stocks from the BSE large index achieved new highs within the previous 52 weeks. The 52-week high holds great significance for specific traders and investors, serving as […]
Ahead of Market: 10 things that will determine D-Street action on Friday
A small negative candle was formed on the daily chart with minor upper and lower shadows. Technically, this pattern indicates sideways movement in the market with a weak bias at the crucial resistance of 19,650 levels
Tech View: Nifty struggling to hold 20-DMA. What traders should do on Friday
Though Nifty seems to have formed a new lower top at 19645 levels on Wednesday, there is no indication of any sharp weakness from the lower highs.Nifty has been struggling to hold a short-term moving average i.e. 20 EMA mainly due to the underperformance from the banking pack.
Samvardhana Motherson Q1 Results: Cons PAT soars 4-fold YoY to Rs 601 crore
The operating profit, calculated as earnings before interest, taxes, depreciation and amortisation (EBITDA), soared 69% on year to Rs 1,940 crore, driven by operating efficiency, and softening of material and energy prices.
SBFC Finance share allotment expected today. Here’s how you can check status
The share allotment of SBFC Finance will likely be finalised on August 10. Investors will get shares on a lottery basis and the whole process will be supervised by the registrar.
Will higher CPI inflation projection make D-Street’s wait for rate cut longer?
While leaving the repo rate unchanged at 6.50% and retaining the policy stance of staying focussed on the withdrawal of accommodation came as no surprise to the market, RBI’s sharp hike in inflation estimate and the imposition of incremental Cash Reserve Ratio of 10% on banks took Dalal Street bulls off guard.
TVS Supply Chain Solutions IPO: Retail quota fully subscribed; check GMP
The category reserved for non-institutional investors was subscribed 7%, and there were no bids from qualified institutional buyers.
Breach of falling trendline resistance and breakout from Cup & Handle pattern make PNB Housing an attractive buy
PNB Housing Finance stock with a market capitalization of more than Rs 16000 crore trades at a P/E multiple of 13.97x and an Earnings Per Share (EPS) of 45.11, BSE data showed. The stock gave a breakout from a falling trendline resistance on the monthly charts which is a positive sign for the bulls.