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RBL Bank Q4 results 2024: The board of directors of RBL Bank today declared the fourth quarter results for the financial year 2023-24. The company board declared strong operating profit growth of 49 percent in year-on-year (YoY) terms, whereas its net profit and deposits grew 30 percent and 22 percent respectively. The board of directors of the private lender also declared a ₹1.50 dividend for the eligible shareholders while announcing its Q4 results today.

JNK India last week, the primary market is back to hibernation in the mainboard segment as there are no fresh public offers opening next weekend. However, 3 SME issues and 4 listings are still going to grab investors' attention. The public offer of JNK India, which received a healthy subscription of over 28 times, will also see its shares listed at the bourses.

Multibagger IPO: Investing in stocks is like investing in business and one should hold one's shareholding as long as one can after getting invested. A stock investor has to believe that money is not in the buying and selling of stocks but in the holding. So, one should hold the stock as long as one can and this rule implies on the primary market investors as well.

The IPO comprised fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.

However, the weak discretionary spending will weigh on the overall performance, according to analysts. Consolidated revenue is expected to rise 0.5% sequentially and 7.5% year-on-year (YoY) to Rs 28,599 crore, according to the average of estimates given by 10 brokerages.

Vodafone Idea FPO share price opened at ₹11.80 per share, 7.27% higher on NSE than the issue price of ₹11. On BSE, Vodafone Idea FPO share price today opened at ₹12 apiece, up 9% than the issue price.

₹90,000 a lot from ₹1.8 lakh for traders of futures contracts and sellers of options contracts. “This could result in increased volumes by participants and narrowing bid-ask (buy-sell) spreads. As VIX is calculated based on index options’ bid-ask spreads, the narrowing spreads will result in lower VIX levels," explains Modi.

Telecom Regulatory Authority of India (Trai) has recommended the use of active and passive infrastructure sharing among telecom service licensees, in a bid to promote optimum resource utilisation. The regulator Wednesday also recommended inter-band spectrum sharing between service providers in a licensed service area (LSA), along with suggesting exploring the possibility of allowing service providers to access globally harmonised spectrum bands assigned to government agencies or other non-telecom entities through authorised shared access (ASA) technique-based spectrum-sharing. The authority also recommended conditions for spectrum sharing, trading and leasing, which has been permitted under the new Telecommunications Act, 2023.

IPO) of JNK India will open for subscription today and will close on April 25. The company plans to raise around Rs 650 crore through the issue. The IPO comprises fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.

Medical marijuana can now be legally purchased in North Carolina with the Eastern Band of Cherokee Indians opening its long-planned dispensary this weekend on tribal land

₹1,400, supported by a robust bullish candle, signalling a positive bias. The stock found support at ₹1,220, which was a swing low formed in February 2023, and experienced a strong reversal; it may potentially form a double bottom pattern. The stock is holding above key moving averages of 20, 50, 100, and 200 days, indicating an uptrend in both the short and medium term.

JNK India IPO: The initial public offering (IPO) of JNK India Limited has hit the Indian primary market today. The mainboard public issue will remain open till 25th April 2024. The company has fixed the JNK India IPO price band at ₹395 to ₹415 per equity share.

Before he was a world-famous rock star, Jon Bon Jovi was a kid in Sayreville, N.J., playing in bands with his friends. That evolution, from opening at local clubs to fronting Bon Jovi, is chronicled in a new four-part Hulu docuseries, “Thank You, Goodnight: The Bon Jovi Story," about the musician’s life and career. “You’ve heard that old story about people saying that their life flashes before them just before they die," said Bon Jovi, 62.

₹95, indicating strong 90% listing gains for the Investors The IPO had opened for subscription on 12 April, 2024 and closed on 16 April, 2024. The Investors had been anticipating strong opening and significant listing gains as was evident from Grey Market premium and subscription numbers. Greenhitech Ventures IPO subscription was subscribed 769.95 times by day 3.

JNK India IPO announces price band at ₹395-415 per share; check issue details, key dates, more From the fiscal year ending on March 31, 2023, compared to the previous year ending on March 31, 2022, JNK India saw a 38.5% increase in revenue and a 28.84% rise in its profit after tax (PAT). The company plans to utilize the net proceeds for various purposes, including covering general corporate needs and meeting working capital requirements, among other objectives. JNK India IPO date: The public issue will open for subscription on Tuesday, April 23, and will close on Thursday, April 25.

Vodafone Idea FPO: The follow-on public offer (FPO) of Vodafone Idea opened on 18th April 2024 and the follow-on offer will remain open till 22nd April 2024 i.e. till Monday next week. This means investors have just one day in hand to apply for the Vodafone Idea FPO.

IPO of JNK India, which opens for subscription on April 23. Apart from this, the SME segment will also see three public offers. Despite a slow start to the new financial year, analysts are exceedingly optimistic about the public issues scheduled for the remainder of the year.

forex reserves contracted by $5.4 billion to $643.16 billion as of April 12, latest data published by the Reserve Bank of India showed on Friday.

Also Read: Vodafone Idea FPO day 2: GMP, subscription status to review. Should you subscribe to this ₹18,000 crore issue? Ramdevbaba Solvent IPO registrar is Bigshare Services Pvt Ltd.

Vodafone Idea FPO, which opened for subscription yesterday (Thursday, April 18), will close on Monday, April 22. Mostly led by qualified institutional buyers (QIBs) and non-institutional investors, the Vodafone Idea FPO subscription status was 26% on the first day of the share offering. According to BSE statistics, retail investors only bid for 6% of the shares set aside for them, while the QIB quota had 61% subscriptions at the end of the day and the non-institutional investor category got 28% subscriptions.

Tata Consultancy Services are discovering the hard way, after receiving lower pay hikes than their colleagues who dutifully turn up at their desks. TCS assessed office attendance, among other metrics, before rolling out annual wage hikes to over 600,000 employees earlier this week, five employees at India's largest private sector employer said. This also makes TCS potentially the first to use office check-in as one of the metrics to determine pay hikes.