Gala Precision Engineering IPO ends with 200 times subscription. Check GMP, other details
The initial public offering (IPO) of Gala Precision Engineering ended on Wednesday after strong investor response helped it get subscribed by a whopping 201 times or 20,100%. The issue received consolidated share bids of over 44.79 crore over a three-day bidding period against the issue size 22,23,830 equity shares. The IPO opened for subscription on…
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Japan’s Nikkei falls most in a month as US slowdown fears resurface
Japan’s Nikkei share average fell more than 4% on Wednesday, as chip-related stocks followed AI darling Nvidia lower and soft U.S. manufacturing data reignited fears of a hard landing for the economy. The Nikkei closed 4.24% lower at 37,047.61, marking its lowest close since Aug. 15 and biggest decline since Aug. 5. The broader Topix…
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ECOS Mobility shares end over 13% higher after decent debut. What should investors do?
Shares of ECOS (India) Mobility and Hospitality closed 12.7% higher at Rs 441 on the BSE after a decent debut on Wednesday. The stock initially listed at Rs 391.2, reflecting a 17.1% premium over its IPO price of Rs 334, bringing the total gains to 32.6%. However, the listing was slightly below expectations, as the…
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How to refresh your kitchen decor on a budget?
In the process of refurbishing our homes, we often tend to overlook the kitchen. The general perception is that kitchen upgrades require a lot of permanent changes, a big budget and a longer timeline. But what if we tell you there are ways to upgrade your kitchen easily without burning a hole in your wallet?…
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ET MSME Regional Summit in Ahmedabad: MSME industry leaders highlight key challenges, milestones, growth opportunities
At the recently concluded Ahmedabad edition of the ET Make in India – MSME Regional Summit, key policymakers, entrepreneurs, leading industry bodies, and MSME stakeholders spotlighted the growth opportunities for Gujaratβs micro, small, and medium enterprises. They also highlighted the challenges faced by MSMEs in various sectors such as gems and jewellery, textiles, healthcare and…
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Sebi chief Madhabi Puri Buch in trouble. 4 major allegations against ‘Unilever wife’
Trouble for markets regulator Sebi Chairperson Madhabi Puri Buch, which began with American short-seller Hindenburg making some serious allegations against the “Unilever wife” in the Adani controversy, is increasing with each passing day. By now, there are complaints against the IIM-Ahmedabad alumnus from all four sides – international (Hindenburg), domestic (Zee’s Subhash Chandra), internal (employee…
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05th Sep 2024 | USA Market Finished in Neutral. Expect Nifty In Green
NIFTY Prediction NIFTY is currently showing a positive trend. If you have long positions, itβs advisable to continue holding with a daily closing stop loss set at 25,111. The markets broke their winning streak, falling by nearly half a percent due to weak global signals. Reflecting the broader trend in Asian markets, the Nifty index…
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Moneymakers! Lupin among 7 small and midcap stock bets with up to 31% upside scope – Money-making ideas
Indian Railway Finance Corporation Share Price 176.02 03:59 PM | 4 Sep 2024 -2.44(-1.37%) One97 Communications Share Price 613.9 03:59 PM | 4 Sep 2024 18.3(3.08%) YES Bank Share Price 23.49 03:59 PM | 4 Sep 2024 -0.23(-0.93%) ITC Share Price 506.35 03:59 PM | 4 Sep 2024 -3.05(-0.6%) HDFC Bank Share Price 1641.8 03:59…
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Coal India shares fall 4% in 2 days on August volume dip. What brokerages say
Shares of state-owned Coal India (CIL) fell by 4% to a low of Rs 500.70 on the BSE on Wednesday after the company posted sales volumes of 52.1mt on Monday, down 12% YoY. Domestic brokerages like Nuvama and JM Financial are still optimistic about the stock because a few dips do not change the future….
READ MORECapitaLand looks to double India investments in 4 years
Singapore-based global institutional investor CapitaLand Investment plans to more than double the funds under management in its core market of India by 2028 from S$7.4 billion as of June-end. The proposed investments in India will contribute to the Asian capital manager’s global target of achieving S$200 billion in funds under management over the next four…
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