Booking Financial News

Bharat Forge Ltd. rose 0.74 per cent to Rs 1205.85 in Monday's trade as of 01:40PM (IST) even as the benchmark Nifty ruled at 21422.7, down 33.95 points. The scrip had closed at Rs 1196.9 in the previous session.

DLF Ltd. traded at Rs 694.8 on BSE at 01:35PM (IST) on Monday, down 1.5 per cent. The stock quoted a 52-week low price of Rs 336.55 and a high of Rs 708.5.

₹655.6 apiece, surpassing its previous record high of ₹650. The stock has experienced a notable uptrend this month, registering a gain of 15.45%, snapping a two-month declining trend. Nevertheless, looking at the yearly performance, the SBI stock has yielded a return of 6.33% in CY23 so far.

Geojit Financial Services pointed out that two significant factors are driving the ongoing strong rally in the market. One, FIIs (foreign institutional investors) have turned big buyers having invested around ₹20,000 crore, including bulk purchases, in the last two weeks. Second, the rally is being driven by segments like banking and IT which were underperformers for quite some time.

Shriram Finance Ltd. fell 0.99 per cent to Rs 2057.75 in Monday's session as of 12:59PM (IST) even as the equity benchmark Sensex traded 89.47 points lower at 71394.28. Earlier in the day, the stock witnessed a gap down start to the session.

₹277 to ₹291 per equity share of the face value of ₹10. Muthoot Microfin Limited raised ₹284.99 crore from anchor investors on Friday, December 15.

Suraj Estate IPO day 1 LIVE: The initial public offering (IPO) of Suraj Estate Developers Limited has opened today (Monday, December 18) and it will remain open till 20th December 2023 i.e. till Wednesday this week. This means, Suraj Estate IPO date of subscription will remain open from Monday to Wednesday this week.

₹36.3 crore from anchor investors on December 15, just a day prior to the commencement of the public offering. The anchor book saw participation from only two investors. The company has confirmed the allocation of 6.6 million equity shares to anchor investors at a price of ₹55 per share.

Stock market today: Yes Bank shares have been in uptrend for near one month. However, it seems that the private bank stock is still not in mood to stop its rally. Yes Bank share price today opened upside and went on to climb to a new 52-week peak of ₹23 per share levels on NSE, logging an intraday gain of near 5 per cent during Monday stock market deals.

Multibagger stock: Dev IT shares are one of the multibagger stocks that Indian stock market has delivered in last few years. This small-cap IT company stock has been in uptrend after ushering in FY23.

At 10.57 am, the public issue was subscribed 2.34 times. The retail category was subscribed 3.60 times, while the NII portion garnered 1.92 times bids. There have been no bids from qualified institutional buyers so far. The issue, which is completely fresh equity of 2.74 crore shares, has created a strong buzz in the grey market as the company's shares are trading at over 180% premium compared to the offer price. «Considering Motisons' strong brand, proven track record, and growth plans, alongside the current market sentiment, we recommend applying for this IPO with cautious optimism,» said Swastika Investmart. The company mobilised Rs 36.3 crore from anchor investors, a day before the opening of the issue. Only two investors participated in the anchor book.

Page Industries Ltd. traded 1.84 per cent up at Rs 38500.6 on Monday at around 11:16AM (IST), while the benchmark BSE Sensex advanced 19.11 points to 71502.86. As many as 375 shares changed hands on the counter with a total value of Rs 1.43 crore.

₹112.60 apiece on BSE. IREDA share price tanked over 9% on Monday's early trading session due to profit booking.

₹36.3 crore from anchor investors on Friday, December 15. Motisons Jewellers IPO price band has been set in the range of ₹52 to ₹55 per equity share of the face value of ₹10.

Motisons Jewellers launched its Rs 151 crore IPO on Monday. The company has mobilised Rs 36.3 crore from anchor investors, a day before the issue's opening. Only two investors participated in the anchor book. The issue, which is completely fresh equity of 2.74 crore shares, has created a strong buzz in the grey market as the company's shares are trading at over 100% premium compared to the offer price. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors, and the remaining 15% for non-institutional investors. Motisons Jewellery is a hyperlocal jewellery retail chain in Jaipur with four showrooms (inclusive of one flagship showroom). The company primarily sources finished jewellery from third-party suppliers across India and its business involves sale of jewellery made of gold, diamond, kundan etc., The product portfolio comprises over 300,000 jewellery designs, including a wide range of gold, diamond and other jewellery items across different price points.

₹4.45 crore in India. “Despite not being a Mass Action movie, #SRK 's #Dunki has sold 100K tickets in advance already," trade analyst Ramesh Bala said.

Motisons Jewellers IPO: The initial public offering (IPO) of Motisons Jewellers Limited has opened today and it will remain open till 20th December 2023 i.e. till Wednesday this week. This means, Motisons Jewellers IPO date of subscription will remain open from Monday to Wednesday this week.

Sam Bahadur Box Office Collection Day 17: Vicky Kaushal's "Sam Bahadur," a biopic on the legendary Indian field marshal Sam Manekshaw, continues its fight for box office dominance on its 17th day. Despite facing stiff competition from Ranbir Kapoor's "Animal," "Sam Bahadur" has managed to hold its ground, showcasing steady growth and positive word-of-mouth. The film collected around ₹5.43 crore on day 17, indicating a significant jump in the interest of the audience.

Buy or sell stocks for today: On account of strong global market sentiments, Indian stock market ended higher for seventh week in a row on Friday last week. Nifty 50 index logged weekly gain of 2.30 per cent last week and closed at 21,456 levels after climbing to a new high of 21,492.

Uber is increasing efforts in India for new mobility verticals such as intercity rides, hourly rentals and reserved bookings, some of which have seen more than 40% year-on-year growth over the past 12 months. The company has expanded the intercity service to around 100 cities and is adding new features to the offering that increases the average ticket size on the platform. In the last two months, it has allowed users to book roundtrips on their intercity rides.

Defence Staff. Naravane's straight-from-the-shoulder account in his memoir 'Four Stars of Destiny' offers fascinating glimpses of the 40-year journey as a soldier, officer and his rise to the top as the 28th Chief of the Army Staff. «Sometimes I am asked as to why I was not appointed as the CDS.