Profit by knowlytics
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
While Reliance Industries remains firmly in control with a 66.43% stake, the shareholder register reads like a who’s who of global technology, private equity and sovereign wealth investors, including Meta, Google, Saudi Arabia’s Public Investment Fund, KKR, Vista Equity Partners, Mubadala, General Atlantic, ADIA and TPG.
India’s capital markets regulator Sebi has requested clarifications from Jio Platforms regarding its draft IPO papers. This move signals a crucial step towards what is anticipated to be the nation’s largest public offering, aiming to raise approximately Rs 35,000 crore. The company plans to utilize these funds primarily for debt repayment and future expansion, marking…
Despite a subdued Nifty, several Indian stocks have surged, becoming multibaggers for investors. This outperformance is attributed to resilient corporate earnings, particularly in small and mid-cap segments, and company-specific growth drivers. While near-term challenges like rising costs and potential earnings downgrades exist, the overall FY27 outlook remains manageable, with easing geopolitical tensions expected to aid…
Advit Jewels’ IPO closed with a blockbuster 212.62 times subscription, making it the most sought-after issue of 2026 so far. Strong demand across retail, NII and QIB categories, along with a grey market premium of around 41%, reflects robust investor appetite for the Jaipur-based jewellery maker’s public issue.
Sebi made significant progress in May by resolving over 5,500 investor complaints through its upgraded SCORES platform, significantly decreasing the backlog. The regulator faced nearly 5,000 new grievances, with entities responding in an impressive average of five days. With the introduction of SCORES 2.0, multiple review levels are now in place to ensure swift investor…
Foreign institutional investors (FIIs) reversed their selling trend in six select Indian stocks, turning them into multibaggers. Bajaj Consumer Care led the pack with a 265% surge after FIIs significantly increased their stake. Other beneficiaries include Acutaas Chemicals, SML Mahindra, Dee Development Engineers, United Foodbrands, and RateGain Travel Technologies, all witnessing substantial gains following FII…
Waterways Leisure Tourism IPO: The IPO received a lukewarm response on its final day of bidding, with the issue subscribed only 69% overall. While retail investors showed strong interest, subscribing their portion three times, participation from institutional investors remained weak.
Indian stock markets achieved their longest winning streak in seven months, with the Nifty 50 and BSE Sensex closing higher. Falling crude oil prices and measures to boost the rupee and attract foreign investment bolstered investor confidence. The Reserve Bank of India’s stance against near-term rate hikes also supported sentiment, with the pharma and financial…
On Thursday, Indian stock markets experienced a remarkable surge, with both Sensex and Nifty seeing significant gains as oil prices fell below $73 per barrel. This decline in crude oil costs, along with a strengthening rupee, heightened investor enthusiasm. While the Realty and Auto sectors thrived, analysts express concern over potential adverse effects on rural-focused…
CSM Technologies’ IPO is seeing a subdued response on its second day, with only 32% subscription. Retail investors show more interest, subscribing to 53% of their quota. The grey market premium is a modest 4%, suggesting limited listing gains. The company, a digital transformation and GovTech solutions provider, aims to raise ₹145.78 crore. Analysts advise…