Despite the negative trend in the domestic stock markets, Neelam Linens and Garments had a successful listing. The company’s shares began trading on the NSE SME platform at Rs 40.05, which is a 60% premium over its IPO price. The price band for the IPO was set between Rs 20 and Rs 24 per share. … Read more
Lamosaic India is set to launch its IPO on November 21, 2024, and it will remain open for subscription until November 26, 2024. The IPO will consist entirely of fresh shares, with the company planning to issue 30.60 lakh shares, raising a total of ₹61.20 crore. The price band for the IPO has been fixed … Read more
UTI Mutual Fund offers an excellent opportunity for investors to invest in a well-diversified portfolio. These funds use a passive strategy, which means they track specific market indices. They are cost-effective compared to actively managed funds, providing a more affordable way to invest while benefiting from UTI’s experience in managing index funds. UTI Nifty Alpha … Read more
Procter & Gamble Health Ltd will soon offer a dividend of Rs 60 per share to eligible investors. The company will trade as an ex-dividend stock this month. On Thursday, the company’s shares were priced at Rs 5143.95, after dropping 1.41% during market closing at the BSE. Record Date for Dividend The company has set … Read more
In India, every new generation has been in a better position financially than the one before, thanks to parents’ focus on saving for their children’s future. Parents often consider savings for their children’s needs as a key reason to invest. With rising expectations and costs, it becomes more important to plan ahead. Mutual fund child … Read more
Good news for investors! Garware Technical Fibres Ltd has decided to offer bonus shares to its shareholders. The company announced on Thursday that it will give 4 bonus shares for every 1 share owned. This is the company’s first-ever bonus share issue. Details of the Bonus Share Issue For every share you own, Garware Technical … Read more
If you’re looking to invest in the stock market, next week could be a great opportunity. NTPC Green Energy, a subsidiary of the government-owned NTPC, is launching its Initial Public Offering (IPO) on Tuesday, November 19. Investors will have the chance to bid on shares until November 22, 2024. Through this IPO, the company aims … Read more
Shares of Bajaj Steel Industries, a small-cap stock, saw a significant rise of 15% during trading on Tuesday. The stock reached a 52-week high of Rs 982. This increase comes on the ex-bonus date for the company’s shares. Recently, Bajaj Steel announced a bonus share issue in the ratio of 3:1, with the record date … Read more
Owning a home in Delhi NCR is a dream for many, but rising property prices make it challenging. However, the Delhi Development Authority (DDA) has launched a new housing scheme that could help you achieve this dream. Through this scheme, you can buy a house in selected areas of Delhi for as low as Rs … Read more
Shares of small-cap company Gujarat Toolroom were in focus today, with its stock price rising by 2%. The stock hit an upper circuit limit, reaching an intraday high of ₹12.16. This is the second consecutive day of positive movement for the stock, as it had also hit an upper circuit limit of 2% on Monday. … Read more
The central government has recently announced a significant change to the National Savings Scheme (NSS). From October 1, 2024, interest payments on deposits in the NSS will cease. Due to this change, depositors have been instructed to withdraw their funds by September 30, 2024, after which no interest will be paid. Purpose of the NSS … Read more