Kothari Products announces 1:1 bonus share issue, stock up 7%
Kothari Products announced a 1:1 bonus share issue, causing a 7.4% stock rise to Rs 209.70. The issuance will be financed from free reserves, increasing authorized capital to Rs 61.50 crore. Shares surged 58.55% YoY.
IOL Chemicals shares surge 5% as board announces 1:5 stock split
IOL Chemicals share price: IOL Chemicals proposed stock split is subject to shareholder approval via a postal ballot. The record date to determine eligibility for the split will be announced in due course. IOL Chemicals stated that the split would make the shares more affordable, attracting a wider range of investors. This move is expected […]
Stocks to buy today: Sun Pharma, NTPC among top 6 trading ideas
Indian market is likely to consolidate on Monday with a mixed opening influenced by global cues. Nifty closed positively on Friday and is expected to trade within a broader range of 23,300 to 24,300 zones. Key support is seen at 23,650 to 23,500 levels.
Fund Manager Talk | Mahindra Manulife CIO Krishna Sanghavi on which mutual funds to invest in 2025
A lot of investors have already tweaked their portfolio amid signals that the government’s capex spend is picking up and that the Q3 earnings season will surprise on the upside. How cautious are you as we step into 2025?
NRI Talk: Top global sectors for Indian investors: AI, EVs, Semiconductors, and Renewable Energy, decodes Ashish Kashyap
Before diversifying into US markets, Indian investors should consider currency exchange rates, as fluctuations can affect returns. It’s also important to evaluate market conditions, economic growth outlook, and the regulatory environment.
Max Estates stocks in focus on hitting Rs 845 cr in pre-sales within one week of launch
After a successful phase 1 of the project, the second phase surpassed the company’s original guidance of Rs 800 crore as the booking value potential.
Bharti Airtel, Jio, Vi shares in focus after govt waives spectrum auction bank guarantees
Vodafone Idea, which is yet to roll out 5G services, no longer needs to submit these bank guarantees and the Centre’s decision now opens the space for lenders to extend much-needed credit to the struggling telco. It urgently needs funding to ramp up 4G coverage and roll out 5G soon to catch up with bigger […]
Senores Pharma IPO listing today. GMP hints at solid gains on debut
The IPO of Senores Pharmaceuticals saw a strong investor response, with total subscriptions exceeding 93.41 times by the close.
Debt reduction, capacity addition likely to brighten prospects of Indo Farm
Of the fresh issue proceeds, ₹70 crore will be used to expand the capacity of the crane unit, ₹50 crore for part debt repayment, and ₹45 crore for increasing the capital base of the tractor financing subsidiary.
Asian shares dip as high yields test valuations
MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2%, but is still 16% higher for the year. Japan’s Nikkei eased 0.2%, but is sitting on gains of 20% for 2024.