Category: Latest News

The analysts and market experts seem to be bullish on Reliance Power aka RPOWER’s growth prospects as they are emphasizing the company’s strong performance and appreciating its strategic operations. Nevertheless, Reliance Power also posted a consolidated net profit of Rs 654.71 crore for the fourth quarter of the previous financial year in comparison to Rs…

The Indian subsidiary of Western Carriers Ltd is ready to be listed on the stock exchange. Meanwhile, the company has announced its IPO. Amid the long-awaited announcement of Western Carriers IPO, the company’s Initial Public Offering has drawn significant attention from investors. As a result, the IPO has been oversubscribed, hinting at the strong interest…

Since Arkade Developers announced to make its entry into the stock market by opening its Initial Public Offering on Monday, September 16, 2024, this particular IPO has been the subject of investor’s curiosity as they are anticipating a good premium on its listing day. As the listing date of the Arkade Developers IPO has reached,…

Last week several IPOs were opened and Northern Arc Capital IPO was one of them. Further categorized, Northern Arc Capital was one of the IPOs that received an overwhelming response from the investors during this phase. In the wake of unprecedented response from the investors during the IPO period, it is now being expected and…

On Monday, September 23, 2024, the Zomato share price showed remarkable and much-needed growth amid the mixed investor sentiments and dynamics of the market. The trend of Zomato stock’s trading graph remained green throughout the day until it closed at Rs 296.90. However, the stock’s previous close was Rs 290.70, showing an approximate surge in…

GMR Power and Urban Infra Ltd stock has grown significantly in one year, attracting investors and market enthusiasts. Over the past 12 months, the shares of GMR Power have increased 285.81 percent, leaving traders and enthusiasts perplexed if there is still more growth in the share price of GMR Power. Currently, the share price of…

The sources familiar with the development suggested that NPCI (National Payments Corporation of India) is currently deliberating on raising the market share cap for the third-party UPI (Unified Payments Interface) apps. As of now, the current market share cap of the UPI apps is 30 percent. The proposal can raise the market share cap for…

In a bid to further expand the infrastructure portfolio across various sectors, the Adani Group is planning to buy over 46 percent shares of ITD Cementation India. This news came as part of the Adani Group’s strategy to enhance its civil engineering capabilities. Nevertheless, the Adani Group seems to be the frontrunner in the race…

Reliance Infrastructure Ltd. aka RInfra showed an increase of 12 percent in its share prices in early trading today. The robust in Anil Ambani’s Reliance Infrastructure Ltd. share prices came after the news broke out that RInfra has reduced its debts and will raise a fund of Rs 1100 crore through equity infusion from promoters.…