Swiggy IPO: From issue details, selling shareholders to risks, here are 10 things to know from updated DRHP
Swiggy’s upcoming ₹10,000-crore IPO includes fresh shares and an OFS, aiming to enhance its platform and expand services. Key details reveal financials, risks, and objectives for growth
The illusion of control: Why so many believe they can beat the market in India
The allure of India’s stock market, driven by digital access and economic optimism, often fuels overconfidence among retail investors, leading them to believe that they can consistently outperform the market despite evidence to the contrary.
GSTN restores July, August 2017 GST returns data
The GST Network restored the monthly returns data for July and August 2017 on its portal. This move follows requests from trade and industry for more time to download relevant data before it is archived under the seven-year retention policy. Taxpayers are advised to save necessary data promptly.
Shanghai Stock Exchange to run test after transaction delay
The Shanghai Stock Exchange will conduct tests on its auction and other platforms on Sunday following an unexplained transaction delay. The delay occurred during a stock rally spurred by recent monetary and fiscal stimulus announcements. Sunday’s test aims to identify issues with processing large orders, simulating a normal trading day.
Kumar Arch Tech files draft papers to raise Rs 740 crore via IPO
Kumar Arch Tech, a manufacturer of PVC blend-based building materials, has filed for an IPO to raise Rs 740 crore. The IPO includes a fresh share issue worth Rs 240 crore and an offer-for-sale by promoters worth Rs 500 crore. Proceeds will fund capital expenditure for its subsidiary’s greenfield project.
F&O Talk| Nifty northward rally to continue in near term, sector rotation plays crucial role: Sudeep Shah of SBI Securities
Additionally, China’s economic stimulus boosted global investor confidence, particularly in Asian markets. Metals and commodity stocks saw strong gains, while IT and export stocks rallied on hopes of a recovery in discretionary spending.
FPIs buy Indian equities worth Rs 57,359 crore in September so far. 2024 tally crosses Rs 1 lakh crore mark
In August, FPIs bought domestic shares worth Rs 7,322 crore which was down month-on-month from July when the total purchase stood at Rs 32,359 crore.
Block deals worth over Rs 14,602 crore this week. RIL, Trent, Paytm, SBI among stocks with major action
In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 5,448 crore led by Reliance Industries (RIL) with four block counts totalling to Rs 1,202 crore. The next in line were Tata Group’s Trent (939 crore), Jindal Steel (Rs 483 crore), State Bank of India (SBI, 396 […]
Navigating the waves: Emerging themes in the Indian stock market
In recent years, digital transformation has become central to business strategies across various sectors in India.
How to understand PE Ratio: Key insights for investors
It’s important to use the PE ratio alongside other metrics for a comprehensive analysis of a stock’s value.