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SEBI) to raise funds through an initial public offering (IPO). The IPO includes a fresh issue of shares worth up to Rs 700 crore and an offer-for-sale (OFS) of 20 million shares by the promoters, Pawan Kumar Garg and Yogesh Dua, who will sell 10 million shares each. The offering also features a reserved portion for eligible employees, with a discount available under the employee reservation segment.

IPO) of Indo Farm Equipment was fully subscribed within minutes of opening for public subscription earlier today. The retail portion witnessed a buoyant demand, being subscribed by 3.9 times at 10:40 am today, followed by the NIIs, who had subscribed to the issue by 2.74 times. Meanwhile, the qualified institutional buyers (QIBs) had bid for merely 2,898 shares.

Russia, putting a spotlight on shifting export patterns as traders focus on the global market’s prospects in 2025.

Personal Year Number could reveal what themes and opportunities await you. Using a straightforward calculation, you can unlock predictions about growth, relationships, or transformative beginnings for the upcoming year.

Waaree Renewable Technologies Ltd (WRTL) on Tuesday said it has secured its largest-ever order of 2 GW solar project from Sunbreeze Renewables Nine Pvt Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables. The project will be implemented in Bikaner, Rajasthan, utilizing advanced technologies and sustainable solutions to enhance energy efficiency and maximize generation, a company statement said.

Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue. Also aiding the run is a dovish tilt in monetary policy and buying by central banks, but if the geopolitical crisis eases, the precious metal will turn weak on depreciating rupee. Gold price is hovering at Rs 79,350 per 10 grams in spot markets at present, and Rs 76,600 per 10 grams in futures trade on the Multi Commodity Exchange (MCX).

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated in his first comments on the growth outlook since assuming office earlier this month.

Varun Beverages (VBL), PepsiCo's largest franchise bottler in India, set for outperformance, domestic brokerage firm Antique Broking has given a target price of Rs 710 on the stock while retaining their ‘buy’ rating on the same. This represents an upside of nearly 10% for the stock from its previous closing price.

international funds offering the highest return and investors chasing small cap funds in 2024, experts believe that investors should invest with a 7-10 year investment horizon using a combination of flexicap funds, index funds and international funds through a SIP/ STP strategy for 2025.

Indian Oil Corporation Ltd. 0.48 per cent to Rs 135.45 at 11:27AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 311,947 shares with a turnover of Rs 4.21 crore till 11:27AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 10.93, while the price-to-book value ratio stood at 1.26.

«And if you look at the expectation and the probabilities of further rate cuts in the US, there is only an expectation of another 25 basis points cut in the next six months,» says Punita Kumar Sinha, Pacific Paradigm Advisors. A very interesting point that you made there that a couple of these MNCs now are actually looking to delist in some of the other geographies and make way for the India entry. But this particular year has been quite robust in terms of the new IPOs entering into the markets and the new companies entering into the Indian markets. But what I wanted to know is that what is keeping FIIs back from investing in coming ahead and putting the money in the Indian markets? And what can actually be changed in the overall environment to get these FIIs back into the Indian markets? What is your take on that? Punita Kumar Sinha: Well, as I said, the perception was or has been created across the world is that India is an expensive market and the valuations in India are much higher than the rest of the world, which has kept some of the foreign investors a little bit on the sidelines.

Subscribe to enjoy similar stories. An unprecedented explosion of conflicts has carved a trail of death and destruction across the breadth of Africa—from Mali near the continent’s western edge all the way to Somalia on its eastern Horn.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. 0.49 per cent to Rs 6089.70 in Tuesday's trade as of 10:50AM (IST). The stock hit a high price of Rs 6100.00 and low of Rs 5978.70 during the session. The return on equity (ROE) for the stock stood at 11.78 per cent. Traded volume on the counter stood at 10:50AM shares and turnover at Rs 2.24 crore around that time. The stock of <a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. quoted a 52-week high price of Rs 6448.75 and 52-week low prices of Rs 3350.05, respectively.

ICICI Lombard General Insurance Company Ltd. 0.45 per cent to Rs 1800.10 in Tuesday's trade as of 10:46AM (IST) even as the benchmark Nifty ruled at 23539.45, 105.46 points. The scrip had closed at Rs 1808.25 in the previous session. The stock quoted a 52-week low of Rs 1354.80 and a high of Rs 2285.85. The company quoted a market-cap of Rs 89279.58 crore on the BSE.

ICICI Lombard General Insurance Company Ltd. traded 0.45 per cent up at Rs 1800.10 at around 10:45AM (IST) on Tuesday. The stock had closed at Rs 1808.25 in the previous session. Equity benchmark Sensex traded 400.78 points at 77847.35 around the same time.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. traded 0.49 per cent at Rs 6089.70 at 10:51AM (IST) on Tuesday, even as BSE benchmark Sensex 439.57 points to 77808.56. The scrip had settled at Rs 6059.55 in the previous session. The stock quoted a 52-week high price of Rs 6448.75 and 52-week low of Rs 3350.05, respectively. As per BSE data, total traded volume on the counter till 10:51AM (IST) stood at 3698 shares with a turnover of Rs 2.24 crore.

ICICI Lombard General Insurance Company Ltd. 0.45 per cent to Rs 1800.10 in Tuesday's trade as of 10:46AM (IST). The stock hit a high price of Rs 1819.75 and low of Rs 1794.10 during the session.

GMR Power and Urban Infra Ltd.(up 5.00%), Torrent Power Ltd.(up 3.63%), SJVN Ltd.(up 1.26%), NLC India Ltd.(up 1.14%), Gujarat Industries Power Company Ltd.(up 0.93%), India Power Corporation Ltd.(up 0.79%), PTC India Ltd.(up 0.72%), Orient Green Power Company Ltd.(up 0.66%), GE Power India Ltd.(up 0.52%) and RattanIndia Power Ltd.(up 0.46%) were among the top gainers.