Niva Bupa Healthcare IPO sails through on last day of bidding process. Check GMP, other details
Niva Bupa IPO GMP: The IPO of Niva Bupa Healthcare saw strong demand from retail investors, with the issue subscribed 1.28 times (128%) by the final day of bidding. By 11:15 am, retail investors had bid for 5.79 crore shares, 1.85 times their reserved portion. Qualified Institutional Buyers (QIBs) had subscribed 1.05 times their allocation.
Biocon shares surge 5% after USFDA classifies Bengaluru site as VAI
Biocon Share Price: Biocon shares surged 5.4% after FDA classified its Bengaluru facility as Voluntary Action Indicated (VAI). The stock is up 47.7% YoY, supported by strong technical indicators.
Stocks to buy today: Paytm, BSE among top 6 trading ideas
The Indian market is predicted to open lower on Monday, influenced by global trends. Analysts suggest a trading range between 23,700 to 24,500 for Nifty. Expert recommendations include buying opportunities for stocks like BSE, Paytm, CDSL, Wipro, NALCO, and Bank of Baroda, with specified target prices and stop-loss levels.
Tata Motors shares jump 2% despite reporting 11% fall in Q2 profit. Should you stay invested?
Tata Motors Share Price: Tata Motors’ shares rose 2% despite a lower-than-expected 11.18% YoY drop in Q2 profit, reaching Rs 3,343 crore. The company attributed the decline to external challenges impacting growth. Despite this, analysts remain optimistic, citing strong business fundamentals and anticipated improvements in the second half of FY25.
M&M emerging as leading auto pick amid positive tractor outlook: Sandip Sabharwal
Cement obviously benefited due to low fuel prices, etc, so they are sustaining the profitability. But in paints, like I have mentioned for the last three years, once Grasim becomes aggressive and once their products actually come into the market and they start pushing it because of the huge investments they have made in the […]
Aarti Industries shares tumble 9% as Q2 PAT falls 43% YoY
Aarti Industries shares fell 9.3% after reporting a 43% YoY drop in PAT for Q2. Despite a 12% revenue rise, challenges in agrochemical and energy sectors impacted performance.
ITI stock jumps 10% after emerging lowest bidder for BharatNet Phase-3 project
ITI Ltd.’s shares surged 10.3% after the company emerged as the lowest bidder for three packages of the BharatNet Phase-3 project. The total value of these packages, spread across multiple states, is Rs 4,559 crore. This win follows a recent order from BREDA for solar street light systems worth Rs 300 crore.
Drop below 24,000 could trigger correction: Rupak De, LKP Securities
Nifty continues to move downward; however, the magnitude of the fall has lessened somewhat. The 24,000 level is likely to remain strong support for the index. As long as it stays above 24,000, Nifty bulls may have a chance to fight back
Swiggy IPO allotment today. Check status, GMP, listing date and other details
Swiggy is expected to finalize its IPO share allotment today, with its debut on the BSE and NSE scheduled for November 13. The IPO received a respectable three-fold oversubscription, and shares are currently trading at a slight premium in the unlisted market. The company plans to utilize the proceeds for investments in technology, brand building, […]
This smallcap, multibagger stock to trade ex-bonus from tomorrow. Do you own?
A 3:1 bonus share issue means that for every 1 share a shareholder already owns, they will receive 3 additional shares as a bonus