The Securities and Exchange Board of India (SEBI) has introduced significant changes to benefit mutual fund investors. Under the new rule, investors can now cancel their Systematic Investment Plan (SIP) or stop its installment just three days before the payment date. Mutual fund companies must complete this process within two working days (T+2) after receiving … Read more
Mamata Machinery’s IPO had an impressive debut on the stock exchange. The stock, issued at Rs 243, was listed at Rs 600, marking a massive 147% jump. The momentum didn’t stop there; the stock gained another 5% after listing, reaching Rs 630, and hit the upper circuit. This means the IPO delivered a whopping 160% … Read more
If rising inflation is a concern and you’re considering starting your own business, onion farming could be a great low-investment idea. This business requires minimal costs to start and offers excellent profit potential. Why Onion Farming is a Good Business The demand for onions remains steady throughout the year, making onion farming consistently profitable. India … Read more
Shares of RedTape, a small-cap stock, surged over 5% on Thursday, December 26, reaching an intraday high of ₹915. This sharp rise came after the company made a significant announcement regarding dividend payment and bonus share issuance during its board meeting held today. Bonus Share Details The board proposed issuing bonus shares to equity shareholders … Read more
Shares of Ola Electric Mobility Limited rose by more than 6% on Thursday, December 26, reaching an intraday high of ₹99.90. This increase in share price is linked to the company’s recent announcement to expand its store network to 4,000 locations. Ola has added over 3,200 new stores, many of which are co-located with service … Read more
Shares of NMDC, a public sector mining company, are expected to gain attention this week. The company’s board has approved issuing bonus shares in a 2:1 ratio, meaning shareholders will receive two additional shares for every one share they own. The record date for this issuance has been set as 27th December. To benefit from … Read more
In today’s world, many people want to earn more money, and one way to do this is by investing in small saving schemes like the Post Office Recurring Deposit (RD) scheme. This is a safe way to grow your money, with no risk involved. The more money you invest, the higher the returns you will … Read more
Today, 19 December, five mainboard IPOs were launched in the stock market, giving investors the opportunity to participate until 23 December. Three of these IPOs received an overwhelming response on the first day and were fully subscribed, while the other two also saw a decent level of interest. Below are the subscription details and gray … Read more
Solar91 Cleantech, a solar energy solutions company, is opening its Initial Public Offering (IPO) for investment next week. The IPO will be available for subscription from December 24 to December 27. The price band is set at Rs 185-195 per share, and the stock is trading at a premium of Rs 50 in the grey … Read more
Amid the ongoing farmers’ protest, a Parliamentary Committee has recommended the government increase the amount given to farmers under the Pradhan Mantri Kisan Samman Yojana. The suggestion is to raise the current limit from Rs 6000 per year to Rs 12000 per year. This recommendation was submitted by the Standing Committee, led by Charanjit Singh … Read more
The IPO of One Mobikwik Systems, a fintech company, was listed today (Wednesday) on the stock market. The company’s shares had a strong opening on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). On BSE, the shares were listed at Rs 442.25, a 59% premium over the IPO price of Rs … Read more