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Shree Tirupati Balajee shares list below expectations. What investors should do
Shree Tirupati Balajee Share Price: Shree Tirupati Balajee's stock listed at an 11% premium, slightly below expectations, but is trading 17% higher on its debut. Analysts had anticipated a premium of 20-30%. The FIBC (flexible intermediate bulk container) market is expected to grow significantly, fueled by rising demand across various sectors and the expanding e-commerce industry.
NBCC shares jump 5% after securing Rs 1,600 crore deal with MTNL
NBCC Share Price: NBCC shares rose nearly 5% to Rs 183.70 during Thursday’s intraday trade on the BSE following the announcement of a significant deal with MTNL. The companies signed a MoU on September 11, 2024, to develop a 13.88-acre land parcel on Pankha Road, New Delhi, into a modern residential and commercial space, with the project valued at approximately Rs 1,600 crore.
Trent, Zomato help Junior Nifty beat midcap and smallcap peers. Where to invest?
Tata Group's Trent, poised to join the Nifty 50 on September 30th after the NSE reshuffle, has been a top performer with a remarkable 244% return in the past year. Other standout stocks include Zomato, Power Finance Corporation (PFC), REC, Hindustan Aeronautics (HAL), Indian Railway Catering and Tourism Corporation (IRCTC), and Bharat Electronics (BEL), delivering returns ranging from 105% to 165%.
Shree Tirupati Balajee IPO subscribed 124 times at close. Check GMP and other details
Shree Tirupati Balajee IPO: The strongest demand came from non-institutional investors at 210 times, followed by institutional investors, whose category was booked nearly 151 times. The portion reserved for retail investors was subscribed 72.4 times.
Bajaj Housing Finance IPO gets 2 times over-subscribed on Day 1. Check GMP, other details
Bajaj Housing Finance IPO Subscription Status: Bajaj Housing Finance's IPO, which opened for subscription on Monday, was fully subscribed on the first day. The company aims to raise around Rs 6,560 crore through the public offer. Analysts recommend subscribing due to the strong parentage of Bajaj group and growth potential in housing finance and commercial real estate sectors.
Shree Tirupati Balajee IPO gets strong response on Day 2. Check subscription, GMP and other details
The initial public offering (IPO) of Shree Tirupati Balajee Agro Trading got a strong response from investors on the second day of the bidding process. The overall subscription stood at 12.46 times so far.
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Shree Tirupati Balajee Agro Trading IPO opens tomorrow: Price band, GMP among 10 things to know
Shree Tirupati Balajee is engaged in the business of manufacturing and selling flexible intermediate bulk containers (FIBCs) i.e. large flexible bags and other industrial packaging products such as woven sacks, woven fabric, and narrow fabric tapes in the Indian domestic market and overseas.
Sensex, Nifty hit fresh record highs on gains in IT, financial stocks
Indian headline equity indices Nifty50 and Sensex hit fresh record highs on Friday, driven by gains in financials and IT stocks, following U.S. economic data that eased growth concerns.
6 Adani stocks, LIC, and 3 PSUs slip below 20 & 50 DMAs: What should investors do?
Despite 77% of Nifty 100 stocks trading above their 20-day DMAs and 63% above their 50-DMAs, 16 stocks, including six Adani Group stocks and several PSUs, have fallen below both moving averages. According to Ace Equity data, this indicates generally favorable trends for large-cap stocks.
Purushothamudu OTT release date: Raj Tarun’s latest movie to stream online. Check details
Purushothamudu, starring Raj Tarun and directed by Ram Bhimana, struggled at the box office following its July 2024 release, with mixed reviews and a disappointing financial performance. Despite the setbacks, the film is set to make its OTT debut on Aha Video on August 29, 2024. The story follows Rachit Ram, who must live as a common man for 100 days before taking over his father’s business. With its OTT release, Purushothamudu might find a new audience and a chance to redeem itself.
Congress seeks chairmanships of 5 standing panels, govt offers 3
While the huge majority of the BJP-led NDA in the last two Lok Sabha meant proportionate share of the chairmanships of the total 24 standing committees too going to the ruling side, the sizable presence of the INDIA bloc this time in the House meant the Opposition side being eligible for a larger number of panel chairmanships and hence the hard negotiations.
Living in Sushant Singh Rajput's flat: Current tenant Adah Sharma speaks on the vibes
Adah Sharma has rented the Bandra apartment previously occupied by the late Sushant Singh Rajput. She described the space as providing positive vibes and a connection to nature, which aligns with her living preferences. This move marks her first major relocation from her lifelong residence in Pali Hill, with her mother and grandmother joining her in the new home.
Q1 results today: Vedanta among 132 companies to announce earnings on Tuesday
During the first quarter earnings season, 132 companies, including PFC and Tata Power, were scheduled to announce their financial results. Vedanta's net profit was expected to range between Rs 2,197-3,060 crore, with revenue estimates between Rs 35,440-38,674 crore for June 2024. Different brokerages provided varying growth predictions.
HCL Technologies among 21 stocks to trade ex-dividend on Tuesday. Last date to buy today
HCL Technologies, Data Patterns, and Shriram Finance announce July 23 for dividend eligibility. HCL Tech to pay Rs 12/share on August 1, 2024. Shares closed at Rs 1,594.35. Ex-dividend trading starts July 23. HCL declared 5 interim dividends totaling Rs 66 last year. Confirmed Q2 results. Other dividends include Goodyear Rs 15 and HIL Ltd Rs 22.5/share; T+1 framework.
PFC, MRF among 115 stocks to trade ex-dividend this week. Do you own any?
After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date
Sebi approves IPOs of Northern Arc Capital and Shree Tirupati Balajee Agro Trading
The public offers of Northern Arc Capital and Shree Tirupati Balajee Agro Trading were approved by the capital markets regulator Sebi, according to the filings.
On this season of corporate earnings, Nifty50 companies likely to give solid show
Nifty 50 cos expect double-digit June revenue, profit growth, with net profit up 26.4% and 20.6% operating margins. Noted sectors' improvements, geopolitical concerns, Maruti Suzuki's volume growth, credit growth issues, moderate inflation effects, and rural consumption. Analysts predict 13% and 17% EPS growth in FY25 and FY26.
Block deals worth over Rs 9,947 crore this week. HDFC Bank, Infosys, Adani Ports among stocks with major action
In the large cap segment, 15 companies witnessed significant block deals worth Rs 5,725 crore led by HDFC Bank with 43 block counts totalling to Rs 2,446 crore. The next in line were Adani Ports and Special Economic Zone (Rs 469 crore), Godrej Consumer (Rs 421 crore), TVS Motor Company (358 crore), Infosys (Rs 339 crore), Interglobe Aviation (Indigo, Rs 288 crore) and Maruti Suzuki (Rs 218 crore).
Stocks in news: Happiest Minds, IREDA, Maruti Suzuki, RBL Bank, Shree Cement
India's third largest cement manufacturer Shree Cement announced achieving installed power capacity of 1,000 MW with the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh unit.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 44.8 points up at 23443.7
Stocks in news: Bharti Airtel, Bharti Hexacom, Patanjali Foods, Zomato, Shriram Finance, TCS, Vedanta
Shares of Bharti Airtel, Shree Cements, Patanjali Foods, Devyani and PVR Inox will be in focus as the companies will announce their fourth quarter results today.
Watch PM Modi's emotional reaction to 'Ram Lalla's first Surya Tilak' on Ram Navami
During the Surya Tilak ceremony, which took place at noon, special lenses and mirrors were carefully positioned to cast light on the forehead of the Ram Lalla idol. This event, lasting approximately 2.5 to 3 minutes, was accompanied by prayers and aarti performed by the temple priests at the Ayodhya Ram Mandir.
Ram Navami 2024 wishes, quotes, messages, Whatsapp, Facebook status to share on Lord Ram's birthday
Ram Navami 2024 wishes: Ram Navami, which honors the birth of Lord Rama, embodies principles such as compassion and fairness, observed with vibrant decorations, prayers, and the exchange of sweets. Through fasting and feasting, devotees express their devotion, while heartfelt messages and quotes spread happiness. As believers seek divine blessings, Ram Navami serves as a poignant reminder of enduring values and the victory of righteousness over wrongdoing.
Pushing the envelope: Financial ratios like CD ratio and many others need to be looked at in context
The narrative about the high CD ratio of private banks has been on the street for some time. But the fact is financial ratios are derivative of underlying business and the decision which management takes and not the other way round. Similarly, some ratios are used in quantitative investing and also sometimes for justifications. In the real world, every ratio has to be seen in the context of many things, right from industry to the operating matrix at that point of time. Five stocks which on a ratio may not appear to be in line with what books say but are good business to own.
With 'Jai Shree Ram' chants, UP MLAs leave on buses for Ram Lalla darshan in Ayodhya
Uttar Pradesh Legislative Assembly Speaker, Satish Mandan, expressed his joy at being part of the 'Shri Ram Janmabhoomi Mukti Andolan.' Reflecting on the occasion, he stated "This is a special moment for me because I was part of the 'Shri Ram Janmabhoomi Mukti Andolan. This is an emotional moment for me. I am very happy. God has bestowed upon me the opportunity to be with all legislators in this form, and it is a matter of great fortune for me."
"Very emotional": PM Modi praises singer Geeta Rabari for her Bhajan 'Shree Ram Ghar Aaye'
Geeta Rabari's soulful rendition aligns with the heightened enthusiasm surrounding the Ram Temple inauguration. The excitement has manifested in various artistic expressions, as observed by PM Modi during his monthly radio broadcast, 'Mann Ki Baat.'
Supreme Court upholds e-auction of India’s tallest tower Palais Royale, paves way for completion
The Worli-based project started in 2007 and touted to be the most ambitious real estate project in the country, has faced numerous challenges over the last 10 years. Legal disputes and hurdles had cast a shadow over the 320-meter-high, 88-storey, tower, delaying its progress and raising concerns among investors and stakeholders.
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