Restaurant Brands Asia shares rally 3% as co to consider fundraising through QIP
Restaurant Brands Asia shares rose 3% after announcing a board meeting on December 20 to discuss raising funds through preferential issue, QIP, or other methods, with shareholder approval sought.
Unimech Aerospace fixes price band set at Rs 745-785 for Rs 500 crore IPO. Check details
Unimech Aerospace’s IPO opens on December 23rd. The price band is set at Rs 745-785 per share. The IPO includes a fresh issue and an offer for sale. The company aims to raise Rs 582 crore. Proceeds will fund expansion and debt repayment. Unimech manufactures parts for aerospace, defense, and other sectors.
Fed, Budget and Earnings to be key levers for India’s economic momentum: Ajay Bagga
So, you throw down your cards and you wait for the opponent to show their cards and then he makes a different play after that. So, it is a wait and watch. Markets have priced in one level of Trump moves post Jan 20th but let us see what actually comes, that could surprise, so […]
Exide Industries shares in focus after Rs 100 crore investment in clean energy arm via rights issue
Exide Industries’ shares will remain in focus as the company invested Rs 100 crore in its wholly owned subsidiary, Exide Energy Solutions Ltd (EESL), through a rights issue of 2.77 crore equity shares. The total investment in EESL now stands at Rs 3,152.24 crore, with no change in Exide Industries’ shareholding percentage in EESL.
Identical Brains Studios IPO opens today: Check key dates, GMP, price band and other details
Identical Brains Studios’ ₹20 crore SME IPO opened for subscription on December 18 and closes December 20. The VFX studio offers shares at ₹51-54 apiece, with a GMP of ₹38. Proceeds will fund office renovations, a new Lucknow branch, and working capital.
Stocks to buy today: Vedanta, ITC and Piramal Pharma on investors’ radar
Indian indices closed lower Tuesday, with investors cautious ahead of the US Federal Reserve’s rate decision. Vedanta, ITC, and Piramal Pharma saw notable price action. Analysts suggest Vedanta and ITC are good long-term buys, while Piramal Pharma shows potential for further upside after a recent correction.
Vishal Mega Mart shares to debut today. Check GMP and analyst predictions
Vishal Mega Mart shares are set to debut on Wednesday with an expected premium of over 28%. Strong demand from institutional investors propelled the offer, despite being entirely an OFS. Analysts predict a decent listing gain of 20-25%, advising profit-booking for short-term investors while encouraging long-term holding.
Mobikwik shares to debut today. Check GMP and analyst predictions
Mobikwik shares are set to debut on Wednesday with a grey market premium of Rs 160, indicating a potential 57% premium over the IPO price of Rs 279. The Rs 572 crore IPO was oversubscribed 119 times. The company plans to use the proceeds for growth and expansion.
Positive Breakout: These 4 stocks cross above their 200 DMAs
In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on December 17, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
Liquidity dries up, may stay so for some days; Call rates rise
Reserve Bank of India (RBI) data showed liquidity in the banking system was at a large deficit of ₹1.1 lakh crore on December 16 due to quarterly advance tax outflows. Liquidity in the system was also drained on RBI interventions in the foreign exchange market, as it was seen selling dollars to stem a sharp […]