Initial Public Offering (IPO) from Adani Wilmar, a joint venture between the Adani Group and the Wilmar Singapore Group, subscribing 3.23 times on the morning of January 31, the last day of the offer, collecting offers for offers of 39.59 Crore against the offer of 12.25 units of Crore . […]
AGS Transact Technologies IPO: Stock Making Flat Debut, List at Rs 176 per Share
AGS Transact Technologies, an integrated Omni-Channel payment solution provider has seen a warm debut on January 31 opposed the price price of Rs 175 per share. The price list in BSE is Rs 176. The public problem of the Maiden RS 680-Crore has seen good demand from investors because this […]
Facing Governance Issues, BharatPe Orders Independent Internal Audit
In the midst of increasing concerns over governance, Fintech Bharatpe’s company announced on Saturday that an independent audit of its internal process and system was being carried out. The development came just a few days after the founder of Asheer Grover took voluntary leave to march-end. Mr. Grover has made […]
IndusInd Bank Q3 profit jumps 36% to Rs 1,161.3 crore as provisions decline, asset quality improves
Bank Indusind’s private sector loan on January 29 reported a large growth of 36.2 percent year-to-year in Mandiri profit was driven by lower provisions than last year’s period with improving the quality of assets. Mandiri profits for the December 2021 quarter came at Rs 1,161.3 Crore, higher than Rs 852.76 […]
Boat owner seeks SEBI approval for Rs 2,000-crore IPO
Imagine Marketing Ltd., which has a brand of earphone boats and smartwatches, has filed a DRAF document with the Indian Stock Exchange Board (SEBI) for the initial public offering of Rs 2,000 Crore (IPO), the latest to join the company string register on the stock exchange. The company is supported […]
Subscribe to Adani Wilmar: KR Choksey
Kr Choksey IPO Report about Adani Wilmar ADANI WILMAR LIMITED or “AWL”, included in 1999, is one of the leading Fammy Famce companies in India with a healthy market share. The company’s product portfolio spreads to three different categories, i) Edible Oil, II) Essentials Industrial Packaging & FMCG and III). […]
SBI card shares edge prices higher after strong Q3, Oswal Motilal expect upside 32%
SBI cards and payment payment services rose more than 3 percent at RS 841.50 at BSE in the morning trade on January 25, the day after the company reported a healthy number set for the December quarter. SBI Cards & Payment Services Profit after tax (PAT) reduced 84 percent YoY […]
After the AXIS Bank posted strong results, this is what the broker said
Axis stock prices added two percent at the beginning of trading a day after the company announced in December quarter income. The bank reported 224 percent year-on-year rise in net income at RS 3614 Crore. The private lenders also reported growth of 17 percent of net interest income for RS […]
Why Uday Kotak thinks ‘MAAMA’ knows best, for investors
After Mark Zuckerberg announced in October last year that Facebook rebranded himself as Meta, American television personality Jim Cramer emerged with a new term to refer to leading American technology companies. He created an acronym, “Mamaa”, referring to Meta, Apple, Microsoft, Amazon and Alphabet, and Google’s parent company. Business Magnate […]
What should ICICI Bank investors do with Q3 earnings; buy, sell or hold?
The share price of Bank Icici edged higher in the initial trade on January 24 after the company stated in December quarter income. On January 22 Bank Icici reported more than 25% of net profit growth for Q3FY22, to Rs 6,193.81 Crore from Rs 4,939.59 Crore in the same quarter […]