Articles for category: Business

Rajiv Sharma

IPO subscribed 345 times, listing halted, SEBI to investigate

IPO subscribed 345 times, listing halted, SEBI to investigate

The recent developments surrounding the Trafiksol IPO have raised substantial interest and concern among investors in the Indian stock market. Initially scheduled for a listing on the Bombay Stock Exchange (BSE), the IPO of Trafiksol ITS Technologies faced delays that prompted speculations about the underlying factors influencing this decision. After a month of deliberation and ...

Rajiv Sharma

Announcement leads to 20% upper circuit in the stock, is yours at stake?

Announcement leads to 20% upper circuit in the stock, is yours at stake?

Recently, Sudarshan Chemical Industries saw a significant increase in its share price, marking a notable event in the stock market. The shares surged by 20%, reaching a peak of ₹1216.55, which also represents a new 52-week high for the company. The closing price stood at ₹1207.50, reflecting a substantial gain of 19% for investors. Overview ...

Rajiv Sharma

Adani's company secures new deal in Kenya, old project faces complications

Adani’s company secures new deal in Kenya, old project faces complications

Kenya has recently made significant strides in enhancing its energy sector, with a pivotal deal signed between the Ministry of Energy and Kenya Electricity Transmission Company Limited (KETRACO). This agreement is expected to bolster the country’s electricity transmission capabilities and support its ambitious agenda towards expanding access to clean and reliable energy across the nation. ...

Rajiv Sharma

BRICS decision could harm the US, benefit China; what is the petrodollar?

BRICS decision could harm the US, benefit China; what is the petrodollar?

Recently, Saudi Arabia announced its readiness to engage in discussions regarding new ideas, particularly in the context of the oil trade. This declaration carries significant implications, not only for the global oil market but also for Western economies heavily reliant on oil imports. Such a shift could indicate a broader strategy by Saudi Arabia to ...

Rajiv Sharma

Share Market Update October 11: Sensex Drops by 230 Points

Share Market Update October 11: Sensex Drops by 230 Points

The stock market experienced a decline on the last trading day of the week, with both the Sensex and Nifty indices falling significantly. This downward trend has raised concerns among investors, prompting questions about the market’s overall stability and future performance. Market Overview On October 11, the Sensex closed down by 230 points, while the ...

Rajiv Sharma

Small company's profit surged 894%, shares skyrocketed.

Small company’s profit surged 894%, shares skyrocketed.

Ashoka Metacast has recently made headlines with a significant surge in its share price, reflecting strong financial performance in the current fiscal year. On Friday, the company’s shares soared by 20% on the BSE, reaching a price of ₹26.78. This remarkable growth underscores the company’s robust profitability and potential for future growth. Stellar Financial Performance ...

Rajiv Sharma

Bet on these 8 breakout stocks today: Learn the buy and sell prices.

Bet on these 8 breakout stocks today: Learn the buy and sell prices.

As the stock market continues to fluctuate, investors are continually seeking guidance on which stocks to buy. Analysts and financial experts often provide valuable insights that can help investors make informed decisions. On October 11, several stocks have been recommended for purchase by experts, suggesting potential growth and profitability. This article explores these recommendations and ...