Robust listing for Concord Biotech on a dull day Concord Biotech Ltd had a very robust listing on 18th August 2023, listing at a smart premium of 21.46, and rallying higher from the listing price. The closing price on 18th August 2023 was not onl

Strong listing for Srivari Spices and Foods Ltd, and an upper circuit Srivari Spices and Foods IPO had a strong listing on 18th August 2023, listing at a sharp premium of 141.67, but subsequently gaining further and hitting the 5 upper circuit o

Indian footwear giants Bata India and Adidas India are reportedly considering a strategic partnership to bolster their market presence. While Bata offers a strong retail network, Adidas aims to tap into it for an enhanced market foothold. The talks l

Reliance Industries' demerged unit, Jio Financial Services, is set to be removed from FTSE indexes, a surprising move following its demerger on July 13. The decision, disclosed by FTSE Russell, the global index provider, comes in response to Jio Fina

Aurobindo Pharma, a leading global pharmaceutical manufacturer headquartered in Hyderabad, started the trading day with steady share prices as it announced plans to introduce a groundbreaking tablet for the treatment of HIV in low-to-middle-income co

GQG Partners, led by Rajiv Jain, acquires 0.72 stake in JSW Energy via open market transactions worth ₹410.94 crore. Authum Investment sells 0.97 stake at the same price. JSW Energy's stock rises 3 post-acquisition announcement, reinforcing inve

Strong listing for Sangani Hospitals IPO, but fails to hold on Sangani Hospitals Ltd had a relatively strong listing on 17th August 2023, listing at a moderate premium of 10, but subsequently losing ground and closing below the listing price, al

Strong listing for Yudiz Solutions IPO, but fails to hold on Yudiz Solutions Ltd had a relatively strong listing on 17th August 2023, listing at a moderate premium of 12.12, but subsequently losing ground and closing below the listing price, alb

About the Pyramid Technoplast IPO The anchor issue of Pyramid Technoplast IPO saw a relatively strong response on 17th August 2023 with 18 of the IPO size getting absorbed by the anchors. Out of the 92,20,000 shares on offer, the anchors picked u

US-based GQG Partners invests $1.1 billion in Adani Power, acquiring 8.1 stake (31 crore shares) amid challenges. Adani family sells stakes for ₹9,000 crore. Despite recent controversies, GQG's bold move demonstrates confidence in Adani's growth p

Tejas Networks' shares surged by 6 following a successful contract with TCS to supply and support Radio Access Network (RAN) equipment for BSNL's nationwide 4G/5G network expansion, backed by a ₹7,492 crore purchase order. Despite QoQ revenue decl

In a series of significant announcements, Infosys, a prominent Indian IT services provider, has solidified its position as a key player in the technology-driven landscape by securing an impressive deal with renowned global firms. Infosys and Liber