Allied Blenders and Distillers IPO, featuring Officer's Choice whiskey, will open for subscription with a price band of Rs 267-281 per share. Promoters will offload part of their stakes, and analysts caution against investing due to high valuation and financial risks.
“Options data suggests a broader trading range in between 23200 to 24000 zones while an immediate range between 23300 to 23700 levels,” says Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited.
Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 339541.74 Crore) operating in Gas & Petroleum sector.
Within the Nifty pack, UltraTech Cement, HDFC Bank, Divi's Lab, Coal India, and SBI were the top gainers while HCL Tech, Asian Paints, and Titan faced selling pressure. Shares of new-age companies like Paytm, Zomato, and Policybazaar traded higher by around 2% each after Morgan Stanley's bullish note.
Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 71909.76 Crore) operating in Gas & Petroleum sector.
Reduced water availability has the potential to interrupt both agricultural and industrial activities, leading to increased food prices and income reductions for impacted businesses and workers, particularly farmers. This situation may lead to social unrest, further destabilizing India's economic growth and its resilience to unforeseen challenges, considering that over 40% of the nation's workforce is engaged in agriculture.
Moody's warned that India's deteriorating water scarcity will strain the nation's sovereign credit strength, particularly impacting industrial sectors such as coal power generators and steel makers.
Computer Age Management Services Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 17968.44 Crore) operating in Financial Services sector.
A PwC survey found a higher proportion of workers planning to switch employers in 2024 compared to 2022. Workers are embracing GenAI and prioritizing upskilling amidst workplace uncertainty.
China's yuan eases to a seven-month low against the dollar, set for a sixth straight monthly decline in June. The central bank guides official fixing weaker amid capital outflows and speculation of yuan depreciation.
Gillette India Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 24302.05 Crore) operating in FMCG sector.
Cachar in Assam shares a border with Jiribam. Cachar District commissioner Rohan Kumar Jha, Superintendent of police Numal Mahatta and Additional DC of Jiribam Manoranjan Tokcham and Additional SP Thomas Tokcham held the meeting.
According to technical scan data from stockedge.com, on June 24, the closing prices of four stocks in the Nifty500 pack surged more than 2% compared to the Volume Weighted Average Price (VWAP), indicating a potential bullish trend as they moved above the VWAP.
S P Apparels Ltd. key Products/Revenue Segments include Garments, Duty Drawback, Sale of services, Waste (Cotton), Yarn, Fabric, Cotton and Scrap for the year ending 31-Mar-2023.
Arvind Kejriwal bail: The Delhi High Court is set to deliver its verdict today on the Enforcement Directorate's plea seeking a stay on the trial court's decision to grant bail to Chief Minister Arvind Kejriwal in a money laundering case related to an alleged excise scam. The order is scheduled for 2:30 p.m. The trial court had granted bail to Kejriwal on June 20, but the ED challenged this decision, arguing that it was based on "perverse" and "one-sided" findings.
Florida Panthers beat the Edmonton Oilers fair and square 2-1 in the seventh game of the Stanley Cup Finals, held at the Amerant Bank Avenue in Florida. With the home crowd rooting for them, Panthers went ahead roaring even though the Oilers tried their best to get back into the game in the final ten minutes, but to no avail.
Ujjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 8853.42 Crore).
Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 153990.51 Crore) operating in Metals - Non Ferrous sector.
Although the BJP leaders remained tight-lipped about their nominee for the post, there are speculations that Om Birla, the speaker in the 17th Lok Sabha, could also be in the race again. However, Bhartruhari Mahtab, the current pro-term speaker of the 18th Lok Sabha, is also being seen as a contender for the post.
As Sebi investigates front-running at Quant Mutual Fund, impacting investors and shareholders, the illegal practice raises acquisition costs, affects NAV, and leads to selling pressure in suspected stocks, potentially affecting fund performance.
Rohit Sharma's stunning 92-run knock led India to a 24-run victory over Australia, securing their spot in the T20 World Cup semi-final against reigning champions England. Arshdeep Singh played a pivotal role in India's bowling attack. Rohit Sharma also became leading scorer in T20 internationals, surpassing Babar Azam.
Following a devastating fire at a lithium battery factory in South Korea that claimed the lives of 22 workers with one still missing, urgent safety inspections have been ordered at high-risk industrial sites. The blaze, which erupted in a warehouse containing 35,000 lithium batteries, resulted in toxic smoke, likely causing the workers to lose consciousness and perish within seconds. The majority of the victims were temporary workers from China, prompting investigations into safety regulations and training practices for foreign laborers.
Kishan Pal, a 43-year-old farmer from Bijnor district in Uttar Pradesh, uses AI-based voice payments to instantly send money to his mother, Savitri, in Ballia, UP.