Aprameya Engineering files papers with SEBI to raise funds via IPO
Medical equipment manufacturer Aprameya Engineering has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The…
Macro fundamentals improving, but risk-reward unfavourable: BNP Paribas
Domestic macro fundamentals are improving, but slowing global demand and expensive valuations mean unfavourable risk-reward for equity investment, BNP Paribas has said in a note. “Defying…
Profitability of domestic broking companies calms after a strong FY22: ICRA
The profitability of the domestic broking industry fell to 34 per cent in Q1FY23 from 38 per cent in the similar period last year due to…
Are auto ancillaries a favorable bet as commodity costs ease?
Despite auto ancillary companies’ clocking strong revenues in the April-June quarter of FY23, margins were under pressure due to higher commodity costs and logistic snarls. However, with prices…
InterGlobe Aviation dips 5% on news of partial stake sale by Rakesh Gangwal
Shares of InterGlobe Aviation dropped 5 per cent to Rs 1,885 on the National Stock Exchange (NSE) in Thursday’s intra-day trade, after nearly 5 per cent of…
Sonata Software trades ex-date for 1:3 bonus; stock surges 12%
Shares of Sonata Software surged 12 per cent to Rs 602.10 on the BSE in Thursday’s intra-day trade. The stock of IT software & consulting company traded…
Gold, silver prices decline in early trade, silver selling at Rs 52,800/kg
Gold and silver prices declined in Thursday’s early trade with 10 gram of the yellow metal (24-carat) trading at Rs 50,620 after a fall of Rs…
Stocks to Watch: NDTV, Dr.Reddy’s, IndiGo, SBI, Zee, Consumer Firms
Stocks to Watch Today: The key benchmark indices seem poised to start on a positive note tracking smart gains in the US markets, even as fears…
Sebi imposes Rs 2 crore penalty on Rana Kapoor in AT1 bonds case
The Securities and Exchange Board of India (Sebi) on Friday imposed a penalty of Rs 2 crore on Rana Kapoor, former MD & CEO, Yes Bank…
Indices decline for 2nd day on growing rate hike fears, weak global markets
Benchmark BSE Sensex and Nifty ended lower on Wednesday after losses in rate-sensitive banking and auto shares amid weak global market trends as higher interest rate…