investing Dhanteras 2024: Gold remains a trusted hedge in inflationary times, say analysts Motilal Oswal has set targets for gold of ₹81,000 in the medium term and ₹86,000 in the long term. By Chitranjan Kumar
investing Swiggy to raise ₹11,300 cr at price band of ₹371-390; IPO to open on Nov 6 The IPO is a mixture of a fresh issue of shares worth ₹4,500 crore and an offer for sale of ₹6,800 crore by existing shareholders. By Chitranjan Kumar
investing NTPC Green Energy gets SEBI’s nod for IPO; aims to raise ₹10,000 cr The renewable energy arm of NTPC had filed its IPO papers with the SEBI on September 18, 2024. By Chitranjan Kumar
investing IPO update: Swiggy, Niva Bupa, Mobikwik, and 4 others are set to hit D-Street in Nov Zomato rival Swiggy is expected to launch its IPO in the first week of November. By Chitranjan Kumar
investing ITD Cementation shares fall 8% post Adani’s acquisition bid Adani group affiliate Renew Exim DMCC has proposed to buy 72.64% stake in ITD Cementation for a total consideration of over ₹5,700 crore. By Chitranjan Kumar
investing Waaree Energies shares list at 66% premium; Deepak Builders makes tepid start Post listing, Waaree Energies shares gained as much as 74.6% to ₹2,624.40 on the NSE; the stock price of Deepak Builders declined 15.7% to hit a low of ₹171. By Chitranjan Kumar
investing HPCL results: Profit plummets 98% to ₹143 crore from ₹5,827 cr in Q2 FY24, revenue up 5% Sequentially, the profit was down 77.5% from ₹633.94 in the June quarter of FY25. By Chitranjan Kumar
investing IndusInd Bank shares crash 19% on weak Q2; analysts cut target price Brokerages have mostly maintained ‘BUY’ call on IndusInd Bank, but slashed target price to up to ₹1,290 per share. By Chitranjan Kumar
investing Afcons Infra raises ₹1,621 cr from anchor investors; IPO opens today The three-day IPO of Afcons Infra will close on October 29, while the tentative date for listing of shares on the BSE and NSE is November 4, 2024. By Chitranjan Kumar
investing Diwali pick 2024: Where to invest in Samvat 2081? Brokerages share cues Picking quality stock at a reasonable price will be critical to achieve good returns over the coming year, say analysts. By Chitranjan Kumar