Penny Stock Sri Chakra Cement Surges 20% in One Day

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Last Friday, while the Indian stock market was experiencing a selling phase, some penny stocks saw significant demand. One such stock was Shri Chakra Cement. Despite the broader market downturn, the share price of Shri Chakra Cement surged by 20%, climbing from its previous close of ₹4 to ₹4.80 during trading. This marks its 52-week … Read more

Delta Autocorp IPO Subscribed Over 342 Times with 96% GMP

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Delta Autocorp’s IPO has received an overwhelming response, with subscriptions surpassing expectations. Investors placed over 342 times the available bids on the company’s public issue. Additionally, Delta Autocorp’s shares are performing exceptionally well in the gray market, trading at a premium of over 95%. This indicates a strong potential for a successful stock market listing. … Read more

Bandhan Mutual Fund launches New Scheme

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Bandhan Mutual Fund has introduced a new index fund called the Bandhan Nifty Alpha Low Volatility 30 Index Fund. This open-ended scheme aims to provide alpha returns with low volatility. Investors can start investing with just Rs 1,000. The subscription for this fund is open from January 8, 2025, and will close on January 20, … Read more

New Portal launched for affordable Property Purchases

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If you’re looking for affordable property, the government has introduced a new portal called Baanknet, which was launched on Friday. This portal allows you to participate in e-auctions for properties seized by banks or government institutions. These properties, which are sold at discounted rates, include commercial spaces, shops, industrial plots, agricultural, and non-agricultural land. Baanknet … Read more

Financial Changes Starting January 1, 2025

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The year 2025 has begun, and along with the New Year celebrations, several important financial changes have come into effect from January 1, 2025. Here are the major updates: Price Drop for 19 kg LPG Cylinders The price of 19 kg LPG cylinders has decreased in various cities: 1) In Delhi, the price has dropped … Read more