In an exchange filing, the company stated, “Deep Industries Ltd (DIL), a leading integrated solutions provider for oil and gas field operations, has secured a significant order valued at Rs 1,402 crore from ONGC.”
Reseñas
Premier Energies shares rally 41% in 3 days on Rs 200 crore order win from UP Government
Premier Energies Share Price: Premier Energies’ shares surged 41% in three days after securing a Rs 215 crore order from Uttar Pradesh for solar water pumping systems. The project, under the PM-KUSUM scheme, aims to be completed by March 2025. The company’s IPO saw strong investor interest, with shares debuting Continue Reading
Ola Electric shares fall 4% as lock-in ends for 18 crore shares
The expiry of the anchor lock-in period has released 18.18 lakh shares for trading. This marks the end of a regulatory restriction designed to prevent large-scale selling and stabilize stock prices after an IPO. Typically, anchor investors are required to hold 50% of their shares for 30 days and the Continue Reading
Kross IPO opens: Should you subscribe to this Rs 500 crore issue?
Kross IPO: Kross, a Jamshedpur-based company, is launching its Rs 500 crore IPO from Monday to September 11. The IPO includes a fresh equity sale and an offer for sale by promoters. The price band is set at Rs 228-240 per share. Proceeds will be used for debt repayment and Continue Reading
Shree Tirupati Balajee IPO subscribed 25 times so far on Day 3. Check subscription, GMP and other details
Shree Tirupati Balajee IPO: Shree Tirupati Balajee Agro Trading’s IPO saw a 25x subscription, with strong demand from non-institutional and retail investors. GMP indicates a 49% listing potential. Price band is Rs 78-83.
We will always agree with what SEBI says, have submitted F&O discussion paper, says NSE’s Ashishkumar Chauhan
Ashishkumar Chauhan, MD & CEO of NSE, elaborates on the significance of the newly inaugurated bull statues at NSE’s Mumbai headquarters. The statues symbolize India’s resilient stock markets. He also confirms that NSE has submitted its suggestions on the F&O discussion paper to SEBI and is in alignment with SEBI’s Continue Reading
In most cycles, recessions come after first rate cut; be wary as soft landings are tough to achieve: Charu Chanana
Charu Chanana from Saxo Markets discusses the global economic slowdown, highlighting mixed data from the US and Japan. She advises caution in financial markets, noting that recessions often follow the first rate cut by the Fed. Chanana also comments on the US dollar’s resilience and the potential of Fed rate Continue Reading
ETMarkets Smart Talk | Smart money moving to healthcare, FMCG, and IT: Aditya Khemka of InCred Asset Management
Furthermore, while 1QFY25 earnings were largely below expectations, we observe that earnings growth expectations for the remainder of FY25 is relatively higher. Any further disappointment in earnings growth could lead to a correction in the indices.
Are some private equity and venture capital investors more equal than others? asks Sebi
The capital market regulator Sebi has asked private equity and venture capital funds to disclose the names of investors who have been given special terms and representation on investment committees. This move aims to ensure transparency and address concerns about differential rights that may undermine other investors’ interests.
Asian stocks drop as jobs data adds to case for Fed cuts: Markets wrap
Asian stocks declined on Monday following US jobs data, raising concerns about the Federal Reserve’s timing on interest rate cuts. Markets in Australia, Japan, and South Korea saw losses, while US futures remained steady. The dollar held firm, and iron ore prices fell below $90 a ton for the first Continue Reading