Can CMR Green’s IPO deliver long-term gains for high-risk investors?
CMR Green Technologies, a non-ferrous metal recycler, plans to raise ₹630 crore via an offer for sale. The company, heavily reliant on recycled aluminium, faces commodity price volatility and customer concentration risks. Despite revenue growth and margin expansion, negative operating cash flow and increased debt warrant caution for investors.
Trent bonus issue alert! Last date to buy shares for 1:2 bonus reward. Do you own?
Trent, the parent of Zudio and Westside, has announced its first bonus share issue. The record date is June 4, meaning today is the final chance to buy shares for eligibility. Investors will receive one bonus share for every two shares held. This corporate action is a significant event for shareholders.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 2, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is […]
SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say
SpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 billion by selling new shares. This move is expected to be the largest IPO ever. Investors will get a chance to buy into Elon Musk’s vision for space exploration and technology.
Coca-Cola uncaps IPO plans for India bottling business, eyes 2027 listing
The Coca-Cola Company is preparing to take its India bottling business, Hindustan Coca-Cola Holdings (HCCH), public in a significant IPO expected to raise over $1 billion. The listing, likely in 2027, aims to value HCCH at over $10 billion, with Coca-Cola retaining significant shareholding.
NHPC offer plugs into green energy appeal, more suited for patient play
NHPC’s offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to 6% of its stake. The offer opened for non-retail investors with strong demand. The floor price is set at ₹71 per share. This move aligns with global energy security focus and domestic clean energy […]
IndusInd Bank faces fresh whistleblower allegations
The complaint, a copy of which was seen by ET, was also sent to the Serious Fraud Investigation Office (SFIO), National Financial Reporting Authority (NFRA) and other agencies. It alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial records, evergreening of microfinance loans, suppression of audit […]
South Korea rides AI wave, also overtakes India on m-cap chart
South Korea has surpassed India to become the world’s sixth-largest equity market. This shift is attributed to strong performance from South Korean semiconductor companies. These firms are benefiting from booming demand within the artificial intelligence sector. India’s market has seen a decline, partly due to foreign investor selling amid geopolitical concerns. South Korean tech giants […]
Godrej Industries launches wealth management company
Godrej Industries has launched Godrej Wealth, its new wealth management arm, targeting ₹1 lakh crore in assets under management by 2031. The platform will cater to affluent and high net worth individuals with investable assets of ₹2 crore and above.
Sebi panel weighs cap on clearing house dividends
Regulators are considering new rules for stock exchanges. A plan to limit dividends from clearing houses is gaining traction. Other proposals aim to bolster the financial health of these crucial market entities. These measures seek to enhance stability in the securities market. Discussions are ongoing to finalize these important changes.