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The initial public offering (IPO) of Danish Power, the largest in the SME segment this year, will open for subscription on October 22 and remain available until October 24. The company aims to raise nearly ₹198 crore through the IPO, which consists entirely of a fresh equity sale of 52.08 lakh shares.

The stock traded at a P/E multiple of 75.72, while the price-to-book value ratio stood at 5.64.

UK stock indexes rose significantly after surprising inflation data showed a larger-than-expected drop, increasing the likelihood of a Bank of England rate cut. Precious metal miners and real estate sector experienced gains. The pound fell, giving a boost to equities.

A short buildup occurs when there is an increase in open interest and trading volumes, along with a decline in the price of the underlying stock in the Futures and Options segment.

You have made two tops so far close to around 25,200. So, getting past 25,200 would set the stage for moving towards 25,673, which is again a 61% retracement of the entire fall that we saw in late September to early October, so that is the setup right now.

Total income increased to Rs 2,804 crore during the quarter under review, as against Rs 2,485 crore in the same period last year, South Indian Bank said in a regulatory filing.

Promoters held 0.0 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 52.53 per cent and 13.57 per cent, respectively.

A total of 1,251 shares changed hands on the counter till 02:03PM (IST)

Indian benchmark indices opened lower for the second consecutive session, affected by declines in banking, auto, and IT sectors.

RailTel share Price: Shares of RailTel Corporation of India surged nearly 10% on Tuesday to a high of Rs 449 on the BSE after the company received a work order from MHADA for projects totaling Rs 79.84 crore. The contract involves selecting a service provider for Cloud Hosting and Managed Services to set up, migrate, and manage the Data Centre and Disaster Recovery site for MHADA on the Cloud.