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Shares of FSN E-Commerce Ventures Ltd, the parent of cosmetics-to-fashion retailer Nykaa, continued to decline with the ...
18/01/2023

Shares of FSN E-Commerce Ventures Ltd, the parent of cosmetics-to-fashion retailer Nykaa, continued to decline with the stock falling to an all-time low at ₹123 apiece, down more than 6% on the BSE in Wednesday's early deals. The scrip has been under pressure in the past few days and has plunged over 19% in the last five trading sessions as compared to nearly 2% rise in benchmark BSE Sensex during the period.

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The initial public offering (IPO) of Dharni Capital Services Limited has opened today for subscribers and the public iss...
18/01/2023

The initial public offering (IPO) of Dharni Capital Services Limited has opened today for subscribers and the public issue will remain open for bidding till 20th January 2023. The public offer is proposed for listing on BSE SME exchange and the SME company aims to raise ₹10.74 crore from its issue offer by fresh issue of 5,370,000 shares of the company. The company has fixed public issue price at ₹20. Meanwhile, grey market is also dropping signals about the issue. As per the market observers, shares of the financial services company are available at a premium of ₹2 in grey market today.

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Save this for future reference 🖤 Happy learning!Follow  for moreMaking money in stock market isn’t a difficult thing. If...
18/01/2023

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Making money in stock market isn’t a difficult thing. If you follow discipline and have consistency.

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Shares of Speciality Restaurants Ltd rallied more than 11% to hit a new high of ₹282 apiece on the BSE in Tuesday's trad...
17/01/2023

Shares of Speciality Restaurants Ltd rallied more than 11% to hit a new high of ₹282 apiece on the BSE in Tuesday's trading session ahead of its Extraordinary General Meeting (EGM) which is scheduled to be held this week on Wednesday, January 18, 2023. The stock has been in upward movement since the past few days and has surged over 22% in the last one month.

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Along with its third quarter earnings ended December 2022 for the current fiscal (Q3FY23), IT major HCL Technologies Ltd...
17/01/2023

Along with its third quarter earnings ended December 2022 for the current fiscal (Q3FY23), IT major HCL Technologies Ltd's board of directors also announced the declaration of an interim dividend of ₹10/- per equity share of ₹2/- each of the company for the Financial Year 2022-23.
The record date for the same is Friday, January 20, 2023, which fixed for the payment of the aforesaid interim dividend has been confirmed by the Board of Directors. The Payment date of the said interim dividend shall be February 1, 2023. The IT stock will start trading ex-dividend on Thursday, January 19, a day ahead of the record date.

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New-age firms going for public listings have failed to inspire in recent times. So when Honasa Consumer Pvt. Ltd, the pa...
16/01/2023

New-age firms going for public listings have failed to inspire in recent times. So when Honasa Consumer Pvt. Ltd, the parent of skin care brand Mamaearth, filed its draft papers on 29 December, prospective investors got worried. The company had not quoted a valuation figure, but based on an earlier Reuters report, social media users put two and two together to conclude that Mamaearth would seek a steep valuation—or, price-to-earnings (P/E) ratio—of over 1,600 times its last fiscal year’s profit. (The company has proposed a fresh issue of equity shares worth up to ₹400 crore and an offer for sale of up to 46.8 million shares.) The spotlight is again on new-age IPOs that are seen as risky due to uncertainty in their businesses. Experts say higher valuation is justified if a company can chart a realistic path.

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Shares of Tata Consultancy Services (TCS) rose to ₹3,320 apiece on the BSE in Monday's opening deals as the stock starte...
16/01/2023

Shares of Tata Consultancy Services (TCS) rose to ₹3,320 apiece on the BSE in Monday's opening deals as the stock started trading ex-dividend on Monday, a day ahead of its record date for the interim and special dividend announced during Q3 results.

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Save this for future reference 🖤 Happy learning!Follow  for moreMaking money in stock market isn’t a difficult thing. If...
07/01/2023

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Making money in stock market isn’t a difficult thing. If you follow discipline and have consistency.

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Gautam Adani, the world’s third-richest man, took majority control of New Delhi Television, or NDTV, after founders Pran...
31/12/2022

Gautam Adani, the world’s third-richest man, took majority control of New Delhi Television, or NDTV, after founders Prannoy Roy and Radhika Roy sold a 27.26% stake in NDTV to an Adani unit for ₹602 crore in several block deals.

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