Booking Financial News

BSE data. JG Chemicals IPO's retail investors portion has been subscribed 1.67 times, Non Institutional Investors (NII) portion is booked 76%, and Qualified Institutional Buyers (QIB) portion is yet to be booked.

Shriram Finance Ltd. fell 0.63 per cent to Rs 2428.7 in Tuesday's session as of 11:52AM (IST) even as the equity benchmark Sensex traded 275.61 points lower at 73596.68. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 2535.0 and a 52-week low of Rs 1202.8 on NSE. Around 7459 shares changed hands on the counter till 11:52AM (IST).

travel company Yatra Online has brought on board Gaurav Luthra as chief business officer — new business development, said a statement issued today. He will be responsible for building and further enhancing Yatra’s mid-market and SME corporate travel proposition and developing new products such as visa facilitation and car rentals for business travellers, thereby delivering financial growth for the company. He has previously worked as managing director of FCM Travel.

PI Industries Ltd. 0.0 per cent to Rs 3618.0 in Tuesday's trade as of 10:35AM (IST) even as the benchmark Nifty ruled at 22286.35, down 119.25 points. The scrip had closed at Rs 3617.9 in the previous session. The stock quoted a 52-week low of Rs 2870.0 and a high of Rs 4010.0. The company quoted a market-cap of Rs 55292.15 crore on the BSE.

₹266 a piece on the NSE SME Purv Flexipack IPO had received strong response from the investors as was visible from 421.78 times subscription . The public issue was subscribed 448.73 times in the retail category, 157.32 times in the QIB, and 690.72 times in the NII category by February 29, 2024 The Grey market premium also indicated towards strong gains. The Purv Flexipack IPO GMP or grey market premium stood at ₹130.

₹265 per share, 86.62% higher than the issue price of ₹142. On BSE, Exicom Tele-Systems share price today opened at ₹264 apiece, up 85.92% than the issue price.

₹225 per share, 31.58% higher than the issue price of ₹171. On BSE, Platinum Industries share price today opened at ₹228 apiece, up 33.33% than the issue price.

«The broader market could remain under pressure given the profit booking and adverse advance-decline ratio. Hence we suggest traders be very selective in mid/small caps,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Technological innovations are not merely about efficiency or progress but are deeply intertwined with the dynamics of power and control. Few discussions are as thought-provoking as those on the politics embedded within technological artefacts. An intricate dance is observable between tech advancements and their socio-political ramifications.

Baring Private Equity subscribed to nearly 35% of the Rs 70-crore anchor book of stabilisers manufacturer Platinum Industries. According to the stock exchange disclosure, the company allotted 14,62,035 shares to Baring Private Equity India AIF II at Rs. 171 per share. The investment philosophy of the Baring Group is rooted in partnership with their clients, aiming to deliver customised private equity and real assets solutions. As of December 31, 2023, Barings Group manages assets under management (AUM) totalling $ 6.05 billion.

Busy restaurants have a message for customers: Come dine with us. Leave your extra friends at home. The eateries want your business, of course.

₹6.45 lakh with RSU grants received from the company. RSUs, or restricted stock units, are shares awarded to employees on completion of certain milestones such as a promotion or completion of a predetermined number of years of employment with the firm. Nvidia’s massive stock appreciation has created many new millionaires, thanks to the employee stock options, or Esops.

By Davide Barbuscia and Shankar Ramakrishnan

money laundering case, the Enforcement Directorate (ED) has frozen various security holdings valued at over Rs 580 crore belonging to a Dubai-based «hawala operator.» The ED conducted fresh raids on February 28 at multiple locations across Kolkata, Gurugram, Delhi, Indore, Mumbai, Bhopal, and Raipur, resulting in the seizure of cash and valuables worth Rs 3.64 crore. As per reports, the ED's investigation into the Mahadev online book gaming and betting app has revealed the involvement of high-ranking politicians and bureaucrats from Chhattisgarh, the home state of the app's main promoters. The agency identified Hari Shankar Tibrewal, a Kolkata native currently residing in Dubai, as a «hawala operator and major player» in the case. Tibrewal allegedly partnered with the Mahadev app promoters and operated an illegal betting app called «skyexchange.»

₹75.35 crore from anchor investors ahead of its initial public offerings (IPO), which will open for subscription on Tuesday, March 5. The company informed the bourses that it allocated 34,09,818 equity shares at ₹221 per share on Monday, March 04, 2024, to four anchor investors.

By Savyata Mishra

AU Small Finance Bank is planning to raise its stake with the farm sector through lending to farmers' producer organisations (FPOs), which are turning out to be the crucial agriculture linkage for several marquee conglomerates such as Adani Group, ITC and Reliance. AU is exploring possibilities to work with such corporates which promote FPOs and procure farm produce from them. The bank has so far supported about 500 early-stage FPOs covering some 1.6 lakh farmers and aims to grow the number about 10 times in the next three years

Also Read: Mukka Proteins IPO last bidding day today: Issue booked 136.12 times so far led by NIIs, retail investors; Check GMP Investor response to Mukka Proteins IPO remained overwhelmingly positive even on the second day. Mukka Proteins IPO subscription status was 6.97 times, as per data available on BSE.

Central Board of Secondary Education (CBSE) Monday conducted its Class 12th Physics board exam 2024. The three-hour question paper started at 10.30 am and concluded at 1.30 pm. The Physics theory paper was worth 70 marks in total.

Jair Bolsonaro, on June 15th. Hours later police announced that they had found human remains later confirmed to be those of Dom Phillips, a British journalist who was working on a book called “How to Save the Amazon". Other remains, still being examined, are likely to be those of Bruno Pereira, an expert on indigenous peoples.

We have finally entered the bull market system after a lull of 2 years. The industry has sustained while weeding out weka projects and shitcoins. Bitcoin is nearing its ATH, and the market has just crossed the $2 trillion mark. The market has seen massive inflows, but for the altcoins, the bull season has just started.