Sri Lotus Developers’ Rs 792-crore initial public offering (IPO), which opened for subscription on Wednesday, July 30, is witnessing strong investor interest across categories on Day 1. As of the latest data available at 3.30 pm, the Sri Lotus Developers IPO has been subscribed 3.11 times overall. The Qualified Institutional Buyers (QIBs) segment leads with…
Navratna PSU Bharat Electronics Limited (BEL) has received a Rs 1,640 crore order for Air Defence Fire Control Radar (Atulya) from the Indian Army, according to a stock market disclosure. “Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has signed a contract with the Ministry of Defence valued at Rs 1,640 crore (excluding taxes)…
Bajaj Finance reported its financial results today, July 24, for the first quarter of Financial Year 2025-26 ending on June 30, 2025. The NBFC’s net profit rises 21.8 per cent year-on-year (YoY) to Rs 4,765.29 crore as compared with last year’s Rs 3,911.98 crore. Bajaj Finance’s consolidated revenue rose 21 per cent to Rs 19,524 crore…
The Indian stock indices closed in red today, July 18, due to selling in IT and banking stocks. Persistence FII outflows due to trade deal concerns have also played a role in dragging down markets on Friday. Sensex ended at 81,757.73, down 501.51 points or 0.61 per cent today. The 30-share index started the session…
The initial public offering (IPO) of Anthem Biosciences on its second day of bidding process, subscribed 3.29 times, with total bids received for 14,48,55,464 shares against 4,40,70,682 shares on offer, according to BSE data. The Qualified Institutional Buyers (QIBs) segment received bids for 74,06,464 shares against 1,25,43,518 shares on offer, translating to a subscription of 0.59…
After nearly two weeks of regulatory limbo, Jane Street has moved quickly to contain the fallout from Sebi’s explosive allegations of market manipulation. The US-based quant trading firm has deposited Rs 4,843.5 crore into a designated escrow account, fulfilling the market regulator’s primary condition for lifting the trading ban imposed on July 3. Also Read…