Elgi Equipments, a major manufacturer of air compressors, outperformed expectations on Wednesday and saw an increase in its share price of nearly 8% on Dalal Street. In its Midcap medallion report, Religare Broking has a ‘Buy’ recommendation with a target price of $530 per share. Currently, Elgi’s target price is seen over a 21-day period. […]
Multibagger midcap share price rises 672% in 3 years Read More »
The PNB Housing Finance Rights Issue has begun and will run through April 27, 2023. The board of the housing finance company has announced a rights offering for 275 per share. When comparing the proper issue price of PNB Housing Finance to the current share price of PNB Housing Finance, which is roughly $415 per
PNB Housing Finance rights issue opens today Read More »
Avalon Technologies IPO: Avalon Technologies Ltd.’s initial public offering (IPO) has announced the allocation of shares, and now lucky allottees and market watchers are eagerly awaiting the company’s anticipated 18th April 2023 listing date. Shares of Avalon Technologies Ltd. are currently available at a premium of $10 in grey market after retreating from a double-digit
Avalon Technologies IPO: What GMP signals after announcement of share allotment Read More »
PhonePe, a decacorn fintech startup with a pre-money valuation of $12 billion, announced on Wednesday that General Atlantic has contributed an additional USD 100 million to its ongoing USD 1 billion financing round. The Walmart group company has now raised USD 750 million with this additional capital, according to PTI. “PhonePe confirms a USD 100
PhonePe Gets Additional USD 100 Million Fund From General Atlantic Read More »
A group of Wall Street companies, including T. Rowe Price Associates, are testing a new version of the Avalanche blockchain in a renewed effort to investigate how the technology may improve the efficiency of financial transactions. According to a news statement, the company will begin testing financial trade execution and settlement on the blockchain with
In a renewed effort on Wall Street, T. Rowe will test avalanche blockchain Read More »
The Federal Reserve’s policy meeting minutes from March revealed that officials are worried about the financial crisis and the high inflation, which led to a decline in US markets on Wednesday.At 4,092.28, the S&P 500 fell by 0.40 percent. At 33,652.63, the Dow Jones Industrial Average decreased by 0.10%. At 11,931.13, the Nasdaq Composite fell
BankBazaar.com, a fintech company, announced on Tuesday that it will go public in the next 12 to 18 months. In FY23, the company’s net income was 160 crore. Co-branded credit card issuer BankBazaar.com released a statement stating that the Initial Public Offering (IPO) activities are ongoing with a target listing date of 12 to 18
Bank Bazaar plans to go public in next 12-18 months Read More »
Gold Prices In India: After reaching a record high of Rs 61,145 per 10 gm on Tuesday on the Multi Commodities Exchange (MCX), the price of gold is further rising today. The yellow metal quickly reached a 13-month high on the international market after soaring to a record high on the MCX. It is important
Gold Prices In India Cross Rs 61000 Per 10 Grams, International Prices Hit 1- Year Peak Read More »
Gold rate saw a sell off in early morning deals due to a surprise output cut announced by OPEC plus countries on Sunday. The MCX futures contract for April 2023 opened lower and hit an intraday low of ₹59,060 per 10 gm. In international spot market, gold price fell 0.90% to $1,950 per ounce. Silver
Due to OPEC+’s unexpected drop in oil production, gold prices have fallen recently Read More »
Udayshivakumar Infra’s initial public offering: Despite high hopes for the listing, the company’s shares had a lackluster start on Dalal Street. Today’s NSE opening price for Udayshivakumar Infra shares was $30 per share, while the BSE listing price was 35. The stock, however, began trading at about 33 per share on both the BSE and
Udayshivakumar Infra shares list at discount Read More »
