Le Travenues Technology Limited, the parent company behind the popular online travel agency Ixigo, is set to launch its Initial Public Offering (IPO) on Monday, June 10. This event marks a significant milestone for the company, offering investors an opportunity to participate in its growth. IPO Details Bidding Window:The IPO bidding will be open for…
Rail Vikas Nigam Ltd (RVNL) experienced a significant surge in its share price, climbing over 15% during intraday trading on Tuesday. This remarkable increase propelled the RVNL share price to a new all-time high of ₹345.90 on the NSE. Over the past year, RVNL shares have delivered impressive multibagger returns, soaring by more than 190%,…
Today in the stock market, Tata Motors faced significant selling pressure following the announcement of its Q4 results for 2024 last Friday. The company’s shares opened lower at ₹1,005 each on the National Stock Exchange (NSE), quickly plummeting to an intraday low of ₹947.20 per share shortly after the market opened. This sudden drop amounted…
Canara Bank’s performance for the March quarter met market expectations, with its net interest margin (NIM) showing a slight expansion despite a rise in the cost of funds. This was attributed to the bank’s strategic approach of gradually restructuring its exposure to older, low-yielding corporate assets. By either renewing these assets at current market rates…
The Aadhar Housing Finance IPO, backed by Blackstone, commenced its subscription today, May 8, with closure slated for May 10. Priced between ₹300 to ₹315 per share, the IPO aims to raise capital for expansion and strategic initiatives. Notably, it garnered ₹898 crore from anchor investors on May 7, showcasing strong initial interest. Investors can…
Vedanta shares embarked on a journey marked by a steady ascent, albeit interspersed with moments of consolidation. From the onset of the year until the middle of March, the trajectory of Vedanta’s stock price was characterized by a phase of base-building, indicating a period of stability and preparation for potential upward movement. However, the narrative…
In Monday’s volatile intraday trade, Tata Group stocks faced a downturn, largely attributed to growing indications that Tata Sons, the holding company of the conglomerate, may not venture into the primary market in the near future. The market reacted strongly to this news, with shares of key companies such as Tata Chemicals witnessing a substantial…
Tata Group is preparing to list its subsidiary, Tata Passenger Electric Mobility Ltd (TPEM), in an initial public offering (IPO) valued at $1–2 billion, with the goal of capitalizing on its investments in the electric vehicle (EV) industry. This action demonstrates the conglomerate’s dedication to profiting from the expanding EV market, per a BusinessLine report….
Tata Group Cap. At $365 Billion: With some Tata Group companies reporting outsized gains in the last year, the market value of the salt-to-software conglomerate has grown large enough to outstrip Pakistan’s whole economy. At latest count, the market capitalization of India’s largest corporate house was $365 billion, or Rs 30.3 lakh crore, while the…
Tata Group of companies launched their first IPO of TCS on 29-July-2004. The size of the IPO was Rs. 4713.47 Cr. And after two decades in 2023, Tata launched their another IPO which was of Tata Technologies. The total size of Tata Technologies IPO was Rs. 3,042.51 Cr. Now after the huge opening of Tata…
