RBL Bank’s shares took a significant hit on Monday, plummeting over 14% to reach ₹175.10. This decline marks a new 52-week low for the private bank’s stock. The sharp drop in share prices has been attributed to disappointing quarterly results, where the bank reported a 24% decrease in profit for the quarter ending September 2024. ...
The IPO market always attracts investors with the promise of high returns, and this week is particularly noteworthy as multiple companies are launching their Initial Public Offerings (IPOs). Among them, a power company is making headlines with its Small and Medium Enterprises (SME) IPO. This article will explore the key details of the Danish Power ...
The stock market often reflects the pulse of the economy, showcasing investor sentiments and market dynamics. On October 21, the Indian stock market experienced a significant boost, indicating a positive outlook among traders. This article provides an overview of the market’s performance and its implications for investors. Market Opening Highlights In today’s trading session, the ...
As of October 18th, the gold prices in New Delhi reached an unprecedented high of ₹79,900 per 10 grams. This surge in gold prices has been significant since the beginning of the year, with an increase of around ₹18,000 per 10 grams. Understanding the factors driving this price escalation is essential for investors and consumers ...
Dividend stocks are an attractive option for investors looking for a steady income stream in addition to capital appreciation. Among Indian companies, NTPC Ltd stands out as a government enterprise that has consistently rewarded its shareholders with dividends. As of now, NTPC Ltd is preparing to distribute dividends once again, with an official record date ...
Afcons Infrastructure is set to launch its Initial Public Offering (IPO) on October 25, attracting significant interest from investors. The IPO will remain open until October 29, providing a limited window for participation. As of the latest updates from the gray market, the company’s shares are being traded at a premium of ₹225, indicating strong ...
The role of the Chief General Manager (CGM) in the banking sector has gained significance following the merger of four major nationalized banks in 2019. This pivotal position serves as a crucial link between General Managers and Executive Directors, facilitating effective communication and operational efficiency. In this article, we will explore the responsibilities, significance, and ...
Introduction In recent financial news, shares of Mazagon Dock Shipbuilders Limited exhibited notable growth, rising by up to 7% on Friday. This surge is largely attributed to the anticipation surrounding the upcoming board meeting scheduled for October 22, during which critical decisions regarding the company’s future will be made. Defense stocks have become increasingly relevant ...
As we enter the fourth week of October, investors are gearing up to monitor a range of significant market triggers. This period is crucial as it encompasses key financial reports, geopolitical tensions, and fluctuations in macroeconomic indicators that could impact investment decisions. Understanding these factors will help investors strategize effectively in a fluctuating market landscape. ...
On October 19, 2023, HDFC Bank has officially approved the Initial Public Offering (IPO) of its subsidiary, HDB Financial Services. This IPO aims to raise approximately ₹10,000 crore through the sale of shares, marking a significant milestone in the financial services sector. Understanding HDB Financial Services HDB Financial Services is a prominent player in the ...