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  • Shiprocket IPO Day 1: Issue subscribed 62% so far. GMP hints 31% listing pop. Check review, subscription. Apply or not?

Business News

Shiprocket IPO Day 1: Issue subscribed 62% so far. GMP hints 31% listing pop. Check review, subscription. Apply or not?

FinSiddhiAugust 12, 2026

Shiprocket IPO opens for subscription from 12 to 14 August at ₹92–97 per share. The grey market premium indicates a strong listing, with shares estimated at ₹127. 75% of the issue is reserved for QIBs, while the final allotment is on 17 August.

Business News

After Mahanadi, Coal India’s SECL invites banker pitches for proposed ₹10,000 crore IPO

FinSiddhiAugust 12, 2026

SECL’s proposed IPO of ₹8,000 crore to ₹10,000 crore is expected to be a mix of a fresh issue of shares and an offer for sale by the parent company.

Business News

HAL Q1 results 2026: Profit jumps 15% YoY to ₹1,590 crore

FinSiddhiAugust 12, 2026

HAL Q1 results 2026: HAL reported a 14.9% YoY jump in its consolidated profit to ₹1589.68 crore for Q1FY27. HAL’s revenue from operations for the June quarter rose 14.4% YoY to ₹5,515.17 crore.

Business News

Closing stock auctions show no signs of manipulation yet, says Sebi chief

FinSiddhiAugust 12, 2026

Pandey’s comments come against the backdrop of criticism from market participants over the new auction mechanism, which has seen low liquidity trigger sharp price swings. For instance, on the first day of CAS, the NSE Nifty50 surged 1.6%, while the BSE Sensex gained just 0.7%.

Business News

Penny stock under ₹10 hits 5% upper circuit despite stock market sell-off

FinSiddhiAugust 12, 2026

String Metaverse share price hit a 5% upper circuit on August 12, despite a declining Indian stock market. The company reported a strong Q1 FY27, with revenue nearly doubling and PAT surging over 101.80%, focusing on blockchain and AI for growth opportunities.

Business News

Senco Gold shares plunge over 14% to 4-week low after Q1 results

FinSiddhiAugust 12, 2026

Senco Gold shares dropped 14.5% to ₹343, hitting a three-month low. Despite a 67% rise in revenue to ₹3,056 crore, lower margins and gold price hikes affected investor sentiment. The company aims for 20% value growth in FY27, focusing on expansion in East and North India.

Business News

ET AI Hackathon 2.0 Phase-2 results are out: Shortlisted teams now head to the grand finale

FinSiddhiAugust 12, 2026

The Phase-2 results of ET AI Hackathon 2.0 are now live, bringing the competition into its final stage. After evaluating working AI prototypes for technical strength, innovation and real-world relevance, the shortlisted teams will now present their solutions before an expert panel at the Grand Finale in Hyderabad on August 25, 2026.

Business News

Stock to buy after Q1 results 2026: Nuvama sees 66% upside in BLS International Services. Should you buy?

FinSiddhiAugust 12, 2026

BLS International share price trend has remained volatile amid weak market sentiments. The stock has gained 2.64% in a week and 10.68% in a month.

Business News

Exports up about 15% in Apr-Jul despite global uncertainties: Piyush Goyal

FinSiddhiAugust 12, 2026

The country’s exports increased by about 15 per cent during April-July this fiscal year despite global uncertainties, Commerce and Industry Minister Piyush Goyal said on Wednesday. He also expressed confidence that the target of USD 1 trillion worth of goods and services exports for 2026-27 will be achieved. It was USD 863 billion in 2025-26….

Business News

New EPFO rules: How much can subscribers withdraw for emergencies?

FinSiddhiAugust 12, 2026

EPFO has eased partial withdrawal rules, with members able to access up to 75% of their balance for emergencies, unemployment and housing needs

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Symbol Price Change Change %
BOM 7.99 +0.00 +0.00%
TYO 14.64 -0.06 -0.42%
AAPL 304.91 -3.35 -1.09%
GOOGL 343.80 -13.72 -3.84%
MSFT 503.81 -2.25 -0.44%

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Business News

El Niño drives India’s July power demand to a record high: Crisil report

FinSiddhi August 12, 2026

India’s power demand is expected to rise 6.5-7.5 per cent this fiscal to 1,825-1,835 BU, driven by an expected increase in cooling demand due to higher temperatures and lower rainfall

Business News

Jio Financial Services Share Price Live Updates: Current Status of Jio Financial Services

FinSiddhi August 12, 2026
Business News

Why is market falling today? N Chandra’s exit among 3 factors behind 550-pt Sensex slide; Nifty below 24,300

FinSiddhi August 12, 2026
Business News

Ardee Industries shares slip 7% post-listing after double-digit listing gains. What should investors do?

FinSiddhi August 12, 2026

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Latest Posts

  • Shiprocket IPO Day 1: Issue subscribed 62% so far. GMP hints 31% listing pop. Check review, subscription. Apply or not?
  • After Mahanadi, Coal India’s SECL invites banker pitches for proposed ₹10,000 crore IPO
  • HAL Q1 results 2026: Profit jumps 15% YoY to ₹1,590 crore
  • Closing stock auctions show no signs of manipulation yet, says Sebi chief
  • Penny stock under ₹10 hits 5% upper circuit despite stock market sell-off
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