Alpex Solar shares to debut on NSE SME on Thursday. Is multibagger listing in the offing?
Considering the upper price band of Rs 115, the stock is expected to list at a premium of 130%. The public offer of Alpex Solar was subscribed 300 times at close. The category reserved for retail investors was booked 350 times and that of NII investors was subscribed 500 times.
ETMarkets Fund Manager Talk: Why is this asset manager cautious on markets and recommends staggered buying?
The market is pricing in a BJP victory with a majority in the upcoming general elections, but any disappointments could lead to a big setback for markets. Kedar Kadam says prefers largecaps over smallcap/microcaps and value stocks trading at reasonable valuations. In terms of sectors, we remain constructive on themes of capex (engineering/Infra/building materials), pharmaceuticals, […]
Rashi Peripherals sees a positive listing on the bourses. Should you hold or exit?
Despite a premium listing, the muted opening was due to the highly competitive market environment in which the company is operating and also the current market sentiments.
Tech View: Nifty forms bullish engulfing candle. What traders should do on Thursday
The index is currently placed at the edge of breaking above the immediate hurdle of 21,850 level and a decisive move above this resistance is likely to pull Nifty towards 22,000-22,100 levels in the short term. Immediate support is at 21,720 level, said Nagaraj Shetti of HDFC Securities.
Is there any pick-up seen in IT hiring? Chintan Thakkar answers
Actually if you look at last three quarters numbers in marketing spend in both the brands that you talked about the spend has kind of bit stabilised. So 99acres it is approximately about 25 crore a quarter and in Jeevansathi it is about 15 crore a quarter.
Eicher Motors shares decline 2% post Q3 results. Here’s what brokerages recommend
The Royal Enfield motorcycle manufacturer on Tuesday reported a strong 34.4% year-on-year (YoY) growth in consolidated net profit for the quarter ended December to Rs 996 crore, and this was tad higher than an ETNow poll of Rs 969 crore.
Hot Stocks: Brokerage view on Eicher Motors, Wipro and Adani Enterprises
The global investment bank sees 47%/50% CAGR for Airport/ANIL EBITDA over FY24-FY28. The balance sheet is well-placed to take up the rise in capex.
MSP guarantee would leave very little money for other development & social goals: Govt officials
Union Agriculture Minister Arjun Munda urges protesting farmer groups to engage in structured discussions with the government regarding the implementation of a law guaranteeing Minimum Support Price (MSP) on crops. He emphasizes the importance of consulting all stakeholders before rushing into legislation.
Bezos sells $4 billion of Amazon stock in four trading days
Bezos hasn’t explained why he’s selling now, but the timing of when he instituted the trading plan may provide a clue. He announced on Nov. 2 he was moving to Miami from the Seattle region. He adopted a so-called 10(b)5-1 plan on Nov. 8.
Nvidia market cap threatens Alphabet after overtaking Amazon
Nvidia’s shares slipped 0.17%, leaving its stock market value at $1.78 trillion, eclipsing Amazon’s $1.75 trillion value after the online shopping and cloud-computing heavyweight’s stock declined 2.15%.