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Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Shree Balaji (Mala) Textiles is set for its stock market debut today on the BSE SME platform. The company’s shares are showing a strong grey market premium of 80%. Its recent IPO received an overwhelming subscription of over 186 times overall. Proceeds from the issue will primarily strengthen the company’s working capital needs. Shree Balaji…
Inox Wind secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore. This project involves end-to-end execution and will be commissioned within twenty-four months. The company’s order book now stands at 4.7 GW, strengthening its market position. Inox Wind’s CEO expressed confidence in growth visibility and timely project delivery. The company…
On July 28, four Nifty 500 stocks, including Radico Khaitan and Kalyan Jewellers, closed above their Volume Weighted Average Price (VWAP). According to StockEdge data, trading above VWAP indicates that buyers paid above the day’s volume-weighted average, signalling potential short-term bullish momentum across these counters.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Gold prices saw a slight decrease as the dollar remained strong. Market participants await the Federal Reserve’s policy decision for rate clues. Central banks in England and Japan are also expected to hold rates steady. Geopolitical tensions in the Middle East are also being monitored closely. Analysts have adjusted their year-end gold and silver price…
Manipal Health Enterprises’ Rs 9,275-crore IPO opens for subscription on July 29 with a muted grey market premium of around 2%, signalling limited listing gains. The hospital chain plans to use proceeds to reduce debt and fund acquisitions. While most brokerages recommend subscribing for the long term, several caution that the IPO’s premium valuation caps…
Ferns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annual revenue growth of approximately twenty-five percent is targeted. The retailer will also expand its store network to three hundred fifty locations. This move supports growth in India and international markets.
SpaceX shares have dropped twenty percent since their debut last month. Investors are avoiding riskier technology firms and AI ecosystem concerns are rising. The company has lost over one trillion dollars in market value from its peak. Geopolitical factors and spending power are impacting valuations across the industry. Upcoming lock-up expirations could further affect the…
SK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage have impacted the stock. Recent reports on Chinese progress fueled further worries about capacity. Despite expected record earnings, investors are becoming cautious about memory chip prices. The company’s stock still shows strong annual gains due to its AI leadership.