Latest business news
Belrise Industries IPO: Belrise Industries Limited’s initial public offering (IPO) is a book-built issue offering investors a complete fresh issue of equity shares as the company aims to raise ₹2,150 crore from the Indian stock market. The autoparts manufacturer’s initial public offering (IPO) opened for public issue on Wednesday, 21 May 2025 and is set…
The benchmark indices fell for the third straight day on profit booking, following a rebound after India and Pakistan agreed to a ceasefire to end the four-day military conflict that stemmed from Operation Sindoor. On Tuesday, the Nifty 50 index fell 1.05% or 261.55 points to 24,683.9, while the Sensex 30 slipped 1.06%, its sharpest…
Borana Weaves IPO: Borana Weaves Limited’s initial public offering (IPO) is a book-built issue offering investors a fresh issuance of 67.08 lakh equity shares. The textile manufacturer’s initial public offering (IPO) opened for public issue on 20 May 2025 and is set to close on 22 May 2025. Stock market investors subscribed 8.54 times to…
Borana Weaves IPO: Textile manufacturer Borana Weaves will commence its public subscription today, Tuesday, May 20. Borana Weaves IPO on May 19, secured ₹65.2 crore from 11 institutional investors through an anchor book, a day prior to the issue opening, according to reports. The public offering will close on Thursday, May 22. Considering Borana Weaves…
Extending losses to the second consecutive session, the Indian stock market benchmarks, the Sensex and the Nifty 50, ended lower on Monday, May 19, tracking weak global cues. The Sensex closed 271 points, or 0.33 per cent, lower at 82,059.42, while the Nifty 50 settled at 24,944.45, down 75 points, or 0.30 per cent. The…
Investment word of the day: Mark to market is a financial metric that calculates the true value of a company’s assets and liabilities, which fluctuates over time. One of the major objectives of mark to market is to measure and evaluate the financial condition of a company based on existing market factors. This approach gives…
Investment word of the day: A follow-on public offering (FPO) allows a company already listed on the stock exchange to issue shares to investors to raise capital. It is the process through which companies that have already raised money through an initial public offering (IPO) issue additional shares for more funds. How does Sebi define…
The Indian stock market closed with losses on Tuesday, May 6, amid escalating tensions between India and Pakistan. Weak global cues ahead of the US Federal Reserve’s policy outcome further weighed on investor sentiment. The Sensex closed 156 points, or 0.19 per cent, lower at 80,641, while the Nifty 50 settled with a loss of…
State Bank of India’s March quarter (Q4FY25) results would have been a flop show had it not been for one-off and treasury gains. The public sector lender benefited from a revaluation of security receipts issued by National Asset Reconstruction Co. Ltd, which included Rs3,850 crore from a big account, mainly booked in treasury income. Given…
Srigee DLM IPO has opened for subscription on Monday, May 5 and will conclude on Wednesday, May 7. Srigee DLM IPO price band has been set between ₹94 and ₹99 per equity share, with a face value of ₹10 each. Investors can place bids for a minimum of 1,200 equity shares and in increments of…
