The shares of Saraswati Saree Depot hit a 5% upper circuit at Rs 209.95 on BSE following their strong debut on the exchanges on Tuesday. The stock debuted at Rs 200 on BSE, reflecting a premium of Rs 40 or 25% over the IPO price of Rs 160. On the NSE, it was listed at…
READ MOREThe head of India’s markets regulator, Madhabi Puri Buch, continued to earn revenue from a consultancy firm during her seven-year tenure, potentially breaching rules for regulatory officials, according to public documents reviewed by Reuters. Hindenburg Research has alleged a conflict of interest in Buch’s investigations surrounding the Adani Group due to her previous investments. The…
READ MOREShares of electric scooter maker Ola Electric surged 15.8% to a dayβs high of Rs 128 on the BSE after the company announced a 32% YoY increase in revenue for the first quarter of FY25, reaching Rs 1,644 crore. The company also launched its electric motorcycle, the Roadster, on August 15. Quarterly results The company…
READ MOREThe first quarter earnings are coming to a fag end and as many as 528 companies will announce their quarterly numbers on Monday. Key results to watch out for include that of IRFC, Vodafone Idea, NMDC, Hudco, SJVN and Voltas. Apart from the above, companies like AIA Engineering, Endurance Technologies, Nalco, Hindustan Copper, ITI, Natco…
READ MOREET Intelligence Group: Pune-headquartered Brainbees Solutions is a unicorn startup that runs India’s largest multi-channel retailing platform, FirstCry, as a one-stop solution for mothers, babies and kids for shopping, content, community engagement and education (pre-schools). The company is launching a βΉ4,193 crore initial public offering (IPO), which includes a fresh issue of βΉ1,666 crore and…
READ MORE