Profit by knowlytics
A student PG building collapsed in Delhi’s Satya Niketan due to waterlogged basement and ongoing repairs. Eyewitnesses and officials suggest structural weaknesses exacerbated the deadly incident. Investigations are underway to determine the exact cause of the decades-old structure’s failure. Rescue efforts involved students and local residents working together to save trapped individuals. The tragedy highlights…
In the past six months, smallcap mutual funds have delivered excellent returns, prompting investors to reassess their future investment plans. Experts recommend maintaining a careful allocation to small-cap funds, suggesting that any additional investments should be made gradually in the forthcoming months. Investors should prioritize consistent and methodical allocation instead of impulsively pursuing market rallies.
The Indian rupee stayed near a two-month high in opening trades on Monday but gains were limited as the support from strong FCNR-related dollar inflows was negated by elevated crude oil prices amid persistent global headwinds. Rupee continues to draw strength from the robust liquidity wave, but renewed military strikes have driven Brent crude toward…
Axiscades Technologies gained 2.61% to Rs 1,756.45 after the company announced that its board approved raising up to Rs 200 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis.
MV Electrosystems shares were listed on 6 August this year. At the current price of ₹841, the stock has almost doubled from the IPO price of ₹425 in just one month.
At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 189.67 points or 0.25% to 76,325.76. The Nifty 50 index lost 97.65 points or 0.41% to 23,802.85.
Ola Electric Mobility said that its board has approved a proposal to raise funds for an aggregate amount not exceeding Rs 1,500 crore through one or more equity-based fundraising mechanisms.
PVR Inox shares fell 8% on September 7 due to an internal investigation into alleged kickbacks related to property construction. The decline followed the end of a share buyback record date and raised concerns about ongoing allegations against the company amid an ambitious expansion strategy.
Zydus Wellness Ltd witnessed volume of 3.11 lakh shares by 10:45 IST on BSE, a 16.94 times surge over two-week average daily volume of 18331 shares
Three companies—Glass Wall Systems, Prasol Chemicals, and Kanohar Electricals—are set to launch IPOs from 8 to 10 September. Each company has established price bands and is seeing varying grey market premiums, indicating diverse market expectations for their listings.