Articles for category: Business

Rajiv Sharma

Strong start for Mainboard IPO, investors continue to buy shares post-listing with gains over 30%.

Strong start for Mainboard IPO, investors continue to buy shares post-listing with gains over 30%.

Manba Finance Limited has made a poised entry into the stock market, marking a significant milestone for the company and its stakeholders. After the initial listing of its shares, the company experienced a remarkable surge in its stock price. This performance indicates a positive reception from investors and reflects the underlying confidence in the company’s ...

Rajiv Sharma

Upcoming IPOs and Listings This Week

Upcoming IPOs and Listings This Week

As we enter the first week of October, investors and market enthusiasts are eagerly anticipating a wave of new Initial Public Offerings (IPOs) that will make their debut on the stock market. This period often presents a plethora of opportunities for both retail and institutional investors looking to diversify their portfolios and capitalizing on fresh ...

Rajiv Sharma

Company offering 1 free share for every 3 purchased, trading halted for years, priced at ₹3, record date approaching.

Company offering 1 free share for every 3 purchased, trading halted for years, priced at ₹3, record date approaching.

Bonus shares serve as an efficient way for companies to reward their shareholders without affecting their cash reserves. Shikhar Leasing & Trading Ltd, a notable player in the financial sector, is set to capture attention in the upcoming week with its announcement of bonus shares. The company has established the record date for eligible shareholders ...

Rajiv Sharma

Fire at Tata's plant: Forensic investigation to reveal details

Fire at Tata’s plant: Forensic investigation to reveal details

On the evening of October 2023, a fire broke out at Tata Electronics’ new iPhone assembly plant located in Hosur, India. This incident has raised concerns about safety protocols and operational risks involved in large-scale manufacturing facilities, particularly those tied to influential tech products like the iPhone. Understanding the circumstances surrounding this incident is crucial ...

Rajiv Sharma

Share to be split into 10 parts, record date announced, priced at ₹66

Share to be split into 10 parts, record date announced, priced at ₹66

Stock splits are pivotal corporate actions that often attract the attention of investors. They not only make shares more affordable to a larger number of shareholders but also can signal management’s confidence in the company’s future. Recently, micro-cap textile company New Light Apparels Ltd made headlines by announcing its first stock split at a ratio ...

Rajiv Sharma

Stock drops from ₹495 to ₹2 as bankrupt company finds a buyer

Stock drops from ₹495 to ₹2 as bankrupt company finds a buyer

In the dynamic world of stock markets, price fluctuations are common, and some companies experience significant changes over time. A company that has faced a drastic decline in its stock price is currently trading at ₹2.11. This marks a staggering fall from approximately ₹495 five years ago, representing a decline of over 99%. In this ...