Bajaj Housing Finance IPO subscribed 3x so far on Day 2; GMP rises to Rs 90
Bajaj Housing Finance’s IPO saw strong demand, being subscribed over three times on the second day of bidding. The retail portion was subscribed 2.37 times, while non-institutional investors showed a subscription rate of 6.82 times. The company aims to raise around Rs 6,560 crore through the public offer.
Suzlon shares rally 5% as Morgan Stanley takes overweight stance after NTPC order win
Suzlon Energy Share Price: Suzlon Energy shares surged by 5% after securing a 1,166 MW order from NTPC Green Energy. This large contract improves earnings visibility for FY26-27. Suzlon will install 370 wind turbines in Gujarat, generating power for 30 lakh households. The company also entered a sale and leaseback agreement for its Pune property.
Naturewings Holidays shares debut with 28% premium on BSE SME platform
Naturewings Holidays shares made a strong debut on the BSE SME platform, listing at Rs 95, a 28.4% premium over the issue price of Rs 74. The IPO saw robust investor interest with a subscription rate of 300 times. The funds will be used for working capital, marketing, and corporate purposes.
How will market react to anticipated Fed rate cut later this month? Anurag Singh answers
The economy is showing all the good signs. And yes, the unthinkable, impossible soft landing somehow has been achieved. So, good news.
Bikaji Foods, Gopal Snacks, Prataap Snacks shares surge up to 8.5% after GST cuts on namkeen
Shares of Gopal Snacks rose 8.5% to Rs 354 while those of Prataap Snacks surged by 8% to 877. Meanwhile Bikaji Foods International shares went up by 7.7% to Rs 899 in an early intraday trade.
These 10 stocks will trade ex-dividend from tomorrow. Do you own any?
TV Today Network and 10 other companies will be in focus today as they have set September 11 as the record date for determining shareholders eligible for dividend payments. Today is the last day to buy shares to qualify for dividends. Dividends are paid to shareholders listed on the record date.
Shree Tirupati Balajee Agro Trading share allotment soon: Check status, GMP, listing date and other details
Shree Tirupati Balajee IPO Allotment: The share allotment for Shree Tirupati Balajee Agro Trading IPO is expected to be finalized today. Investors can check their allotment status via BSE or the registrar’s website. The IPO received a strong response with a subscription of 124 times. The company plans to use the proceeds for debt repayment […]
ETMarkets Smart Talk | Where is smart money moving? FIIs putting funds in consumer staples & FMCG: Sreeram Ramdas
It’s a mixture of stellar results and liquidity backing the rally. Banking as a percentage of the Nifty 50 index is nearly 18%, and these banking companies have delivered solid growth on the top and bottom lines.
Pune’s PN Gadgil Jewellers may shine brighter as time passes
PN Gadgil Jewellers, Maharashtra’s second-largest organised jewellery retailer, is launching an IPO to raise ₹1,100 crore. The funds will be used for new stores and debt repayment. With a strong revenue growth and solid financials, the company aims to expand its footprint in the Indian jewellery market.
Here are key financial ratios to help take better investment decision
The financial ratios can be arranged in five broad categories, each focusing on different aspects of a company’s operations. Together, they offer a holistic picture of its health. Here’s a brief introduction of some of the important ratios under each category.