HFCL, Sterlite Technologies and Tata Chemicals featured in StockEdge’s VWAP scan on October 21, with closing prices more than 2% below their respective volume-weighted average prices.
The company revived plans in March 2023 with a confidential filing before postponing the offering for a third time in May
Ishan Kishan house: The Indian cricketer reportedly owns a 15,000-square-foot bungalow in Patna, valued at around Rs 7 crore. From a private swimming pool and gym to spacious lawns and family-friendly interiors, here’s a look at his reported home, its features and his connection to his hometown.
Young students attending their debut political gathering, longtime supporters coming since 2015, or curious onlookers witnessing a presidential spectacle, as Donald Trump runs his final campaign, no one will be able to replace his rallies. He attended his first Trump campaign event in 2015.
Ravita Engineering Services is set to debut on the NSE SME platform on Thursday, with a muted grey market premium of around 1%, indicating a potentially modest listing gain. The Rs 116.05 crore IPO, priced at Rs 105–112 per share, was subscribed 7.11 times overall. QIBs led demand with 13.21 times subscription, followed by NIIs at 7.42 times and individual investors at 3.50 times.
Jio Platforms’ Rs 30,213 crore IPO entered Day 2 with a grey market premium of around 22%. The issue, priced at Rs 1,065–1,119 per share, closes on October 23. At the upper end, Jio is valued at around Rs 10.3 lakh crore, with brokerages citing its telecom dominance, improving profitability and growth prospects in broadband and AI.
Prism, the company behind Oyo Hotels, has slashed its initial public offering (IPO) size from 66.5 billion to 33.5 billion rupees. Initially aiming for a lofty $12 billion valuation back in 2021, Prism has encountered a series of delays, including a confidential filing in March 2023 and its third postponement in May.
Fusion CX makes its stock market debut with a 5% grey market premium after raising Rs 702 crore through its IPO. Strong subscription, rising profits, AI investments and expansion plans shape investor expectations.
The Commission for Air Quality Management in Delhi held a meeting to address ongoing dust pollution problems. Agencies were instructed to comply with measures for dust mitigation as pollution levels deteriorated. The Municipal Corporation of Delhi was specifically directed to enhance dust control on roads and open spaces. Stage one of the Graded Response Action Plan has been implemented due to worsening air quality.
India strongly condemned the UN rapporteurs for showing bias in a counter-terrorism report related to Dawood Ibrahim. Indian diplomat Raghoo Puri stated that the report contained factual inaccuracies regarding Ibrahim's criminal status. Puri emphasized that Ibrahim is a wanted criminal based in Pakistan and associated with Al-Qaeda. Additionally, India rejected Pakistan's claims regarding Jammu and Kashmir, asserting its integral part of the nation.