Food delivery major Swiggy has filed an updated draft red herring prospectus (DRHP) with SEBI for its highly anticipated IPO. Here’s an overview of Swiggy’s IPO plans: IPO Issue Size and Details The IPO comprises a fresh issue of Rs 3,750 crore Also includes an offer for sale of 18.53 crore shares OFS estimated around Rs 6,500 crore at recent
Manba Finance IPO Attracts Robust Investor Response The initial public offering (IPO) of Manba Finance Ltd. has received an overwhelming response from investors on the final day of the bidding process. As of 3.45 pm on Wednesday, August 29, the IPO was subscribed 210.46 times, with investors placing bids for 185 crore equity shares against the 87.99 lakh shares on
IREDA Shares Gain on DIPAM Approval for Fund Raise Shares of Indian Renewable Energy Development Agency (IREDA) have risen over 3% on Thursday after the Department of Investment and Public Asset Management (DIPAM) approved the alternative mechanism for the company’s proposed ₹4,500 crore fund raise. DIPAM Allows Up to 7% Government Stake Dilution Based on the recommendation of the high-level
Infosys Board to Consider Q2FY25 Results and Interim Dividend The board of Infosys Ltd., India’s second-largest IT company, is set to meet on October 17 to consider its September quarter (Q2FY25) results. Along with the quarterly numbers, the board will also propose an interim dividend for shareholders. Infosys’ Impressive Shareholder Returns Since 2000 Since its listing over two decades ago,
Budget 2024: Strategic Capital Allocations to Revitalize Key Sectors The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman lays out a blueprint for India’s economic progress through strategic capital allocations across key sectors. While markets may have reacted adversely to some tax proposals, a long-term outlook focused on fundamentals remains imperative. Revitalizing Infrastructure to Unlock Growth Potential Recognizing infrastructure
Budget 2024 Highlights: Focus on Jobs, Agriculture and Infrastructure Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25 on July 23rd, outlining the government’s vision to promote economic growth and job creation. Here are some of the key highlights: Boosting Employment and Skills Launch of National Apprenticeship Promotion Scheme to provide stipends to 50 lakh youth for apprenticeship programs
Budget 2024: Key Focus Areas to Re-Energize the Economy The upcoming Union Budget 2024-25 will be presented by Finance Minister Nirmala Sitharaman on July 23rd amid high expectations of measures to boost economic growth and create jobs. Here is an overview of the key focus areas likely to be addressed in Budget 2024: Boosting Job Creation Increased allocations for MGNREGA
Namaste friends! This is Parasram, your trusted NSE trading advisor. As we enter 2024, it is time to re-evaluate our portfolios and add stocks well-positioned for strong growth in the coming years. In this report, I have shortlisted the top NSE-listed stocks every investor should consider buying now based on detailed analysis of financials, business fundamentals, industry prospects and valuation.
The share price of RVNL declined today, so let’s discuss that investment. Although RVNL is taking a break, the long-term picture still looks very positive. RVNL Shares took a break during the day, falling 1.87 percent after rising for the past two days. Again, is typical volatility in the market. Don’t freak out! Even after going up over 125% YTD,
National Buildings Construction Corporation is on everyone’s radar after being awarded a big new contract and receiving a positive review from one. What is all the commotion about? NBCC secured a ₹70 crore order from Grid India, a significant operator in electricity transmission. The work order pertains to the development of a posh new corporate office in Gurugram. This is
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