Capacite Infraproject’s management has given guidance of Rs 2,000 crore in revenue in FY22 on the back of a strong order book and ramp-up in ongoing projects.
Shares of the company began trading at Rs 900 per share, up 43.54% from the IPO price of Rs 627 apiece. Minutes into the trading session, Heranba Industries shares jumped further to trade at Rs 910.
On Friday morning, SGX Nifty was again deep down in red, falling 180 points, during the early hours of trade, hinting at another day of negative moves on Dalal Street.
Weeks after upgrading State Bank of India’s target share price, global brokerage firm Morgan Stanley has now upgraded other two large PSU bank stocks to ‘equal weight’.
The Russell 2000 index has zoomed 13.4% so far in 2021, outperforming the benchmark S&P 500 which has managed to gain merely 3.2% during the same period.
Bond yields in the United States have risen once again, causing Wall Street indices to register another sell-off. On Thursday morning, Asian peers were mirroring global peers and sliding down.
Both Bharti Airtel and Reliance Industries-owned Jio strengthened their network infrastructure, purchasing Rs 18,700 crore and Rs 57,000 crore worth of spectrum, respectively.
Investors can bid for MTAR Technologies IPO in the price band of Rs 574-575 per share, in a bid lot of 26 equity shares, translating to a minimum investment of Rs 14,950.
Looking at some of the largest stock market investments made by Warren Buffett, two of the three companies where Berkshire Hathaway holds a double-digit stake, have helped the investor pocket $8.3 billion in just two months o
The credit card industry in India remains extremely low at merely 3.8% of the total population, against 320% in the United States, 214% in Japan and 42% in China.
Pushing Sensex and Nifty higher was the euphoria around a smoother recovery from the pandemic, reform heavy Union Budget, and the accommodative Reserve Bank of India.
Along with commodity prices, rising bond yields & potential localised lockdowns make BofA analysts believe that the continuation of a broad-based market rally is now unlikely.