Rakesh Gangwal, the co-founder of IndiGo, divested 4 stake in InterGlobe Aviation for about $450 million, with shares priced at ₹2,400 (5.8 discount). This caused a 4 drop in IndiGo's share price. IndiGo Co-Founder Rakesh Gangwal to Sell 4 S

SBFC Finance Ltd had a very robust listing on 16th August 2023, listing at a smart premium of 43.86, and rallying further from the listing price. While the closing price on 16th August 2023 was still below the high price of the day, the rally was qu

TVS Supply Chain Solutions IPO worth ₹880 crore, consisted of a combination of fresh issue and offer for sale. The fresh issue was to the tune of ₹600 crore while the offer for sale (OFS) was worth ₹280 crore. The IPO pricing was done in the ba

Aeroflex Industries Ltd was incorporated in the year 1993 and the company is into the manufacture of environment-friendly metallic flexible flow solution products made of stainless steel. Its product catalogue includes braided hoses, un-braided hoses

The upcoming holidays on August 15th and 16th, 2023, will have significant implications for traders and investors. These dates mark a trading holiday on account of Independence Day and a settlement holiday due to Parsi New Year. Here's what you need

Surya Roshni, a lighting and steel pipe manufacturer, faced a 3 drop in shares despite positive news. It secured orders worth ₹171.16 crore, including a ₹163 crore contract from BPCL for a major gas distribution project. The company's board appr

Larsen & Toubro's construction division has achieved remarkable milestones with two significant contracts, reflecting their commitment to excellence and global growth. Cricket Stadium Marvel L&T has won a prestigious contract from the U

In an unexpected turn, FSN E-commerce Ventures, the parent company of Nykaa, witnessed a significant 10 plunge in shares, unveiling a compelling story fueled by several key factors. With trading volumes soaring and market activity surging, Nykaa's p

Strong listing for Oriana Power IPO, and a stronger close Oriana Power IPO had a strong listing on 11th August 2023, listing at a sharp premium of 155.93, and gained further to close at the 5 upper circuit over the listing price. For the day, th

Strong listing for Vinsys IT Services India IPO, and a stronger close Vinsys IT Services India IPO had a strong listing on 11th August 2023, listing at a sharp premium of 61.91, and gained further to close at the 5 upper circuit over the listing

Supreme Industries has surged an impressive 83 in the current calendar year, outperforming the 7 rise in the S&P BSE Sensex. The company's shares reached an all-time high of ₹4,480, catapulting 16 in Friday's intraday trade on the BSE. The m

HCL Technologies and Verizon Business have formed a groundbreaking $2.1 billion collaboration, making HCL the primary managed network services partner for Verizon. HCL's stocks surged to an all-time high of ₹1,186.95, driven by this transformative