Did Anand Rathi Wealth shares really crash 50% in one day? Here’s how the 1:1 bonus math works
Anand Rathi Wealth shares appeared to tumble nearly 50% after turning ex-bonus for its 1:1 bonus issue. The decline was purely due to a price adjustment and not a loss in value. The company will issue one bonus share for every existing share, while capitalising Rs 41.51 crore from reserves.
CMR Green Technologies IPO: Check GMP, brokerages review, subscription and other details
CMR Green’s IPO is generating significant buzz, with a strong grey market premium suggesting robust investor interest. The company, a leader in non-ferrous metal recycling, is poised to benefit from the growing demand for sustainable manufacturing. While analysts note its strong market position, concerns about the offer structure and margins exist.
Concord Biotech jumps 8% on USFDA nod for Mycophenolate Mofetil oral suspension
Concord Biotech shares saw a significant jump on Wednesday. This surge followed the company’s announcement of receiving approval from the USFDA for its Mycophenolate Mofetil for Oral Suspension. This antimetabolite immunosuppressant is used in organ transplant patients.
NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here’s all you need to know
NHPC shares surged over 5% as the government’s offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on the first day, prompting the government to exercise its green shoe option. Retail investors and employees can now bid on June 3, 2026.
Vedanta, Hindustan Zinc shares fall after metals giant confirms ED visits to offices
Vedanta and Hindustan Zinc shares dipped after the Enforcement Directorate visited some of their offices as part of a FEMA probe. The companies confirmed the visits and stated they are fully cooperating with the authorities. This news comes after Vedanta’s recent demerger and a positive rating upgrade from ICRA.
IndiGo shares fall as airline halts Manchester flights amid soaring operational costs
IndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soaring operational costs. This decision will see one of its leased Boeing 787-9 Dreamliners returned. Despite strong passenger demand, longer flight times and escalating expenses forced the airline’s hand, though it remains committed to long-haul […]
What rising crude and aluminium prices mean for India
Geopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil marketing companies. Analysts see a potential new commodity upcycle. Aluminium prices are expected to peak next year. China’s demand remains a key factor for global commodities. Investors are watching for government decisions on windfall taxes.
ETMarkets PMS Talk | We stayed fully invested through elections, tariffs and war fears — and outperformed: Manish Gupta & Viraj Mahadevia of MoneyGrow PMS
MoneyGrow PMS has navigated market volatility by focusing on businesses with consistent earnings growth. The fund house identifies opportunities in financials, manufacturing, and capital markets. Despite global uncertainties, they remain optimistic about India’s long-term growth story. Their strategy emphasizes identifying companies with strong EPS growth outlook, leading to outperformance.
ETMarkets Smart Talk | Don’t mistake foreign outflows for an India exit story; smart money is becoming more selective: Milan Parikh
Foreign institutional investors are net sellers in Indian equities due to global concerns, but this reflects capital reallocation, not a loss of confidence. Smart money is becoming selective, favoring businesses with strong fundamentals and growth prospects. India’s structural growth drivers and domestic consumption remain attractive long-term.
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.