Latest Stock Market News

Avenue Supermart shares drop 0.8% as Sensex rises

Updated at : 2024-09-09 12:30:03

Rate this item

(1 Vote)

The stock quoted a 52-week high of Rs 5356.05 and a 52-week low of Rs 3617.3.

Secondly, we have been somewhat resilient on most global falls. So, if you see many of the Asian indices, they are now actually YTD negative, whereas we are still mid-teen positive and that has taken our valuations much-much higher than most other emerging market valuations.

Rate this item

(1 Vote)

Ola Electric Share Price: 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 remaining 50% for 90 days. With these shares now freely tradable, there could be an increase in market activity and potential price volatility for the stock in the short term.

Western Carriers IPO opens on September 13, 2024, with a fresh issue of Rs 400 crore and an offer for sale of 54 lakh shares. Key clients include Tata Steel and DHL.

Rate this item

(1 Vote)

As of 30-Jun-2024, promoters held 68.58 per cent stake in the company, while FIIs held 11.58 per cent and domestic institutional investors had 3.55 per cent.

In February of the previous year, SEBI prohibited Joshi and 20 other entities from participating in the securities market due to their involvement in front-running. The regulator claimed these entities collectively profited unjustly to the extent of Rs 30.56 crore through their trading activities, which SEBI ordered to be seized.

Suzlon Energy’s shares rose 3% after securing a 1,166 MW wind energy order from NTPC Green Energy. The project in Gujarat will power 3 million households and boost Suzlon’s PSU presence.

As of 11:30 am, the IPO received the highest demand from non-institutional investors at 68%, with retail investors following at 36%. Qualified institutional buyers showed relatively lower interest, subscribing to only 49,648 shares out of the 17.76 crore reserved for them.

Rate this item

(1 Vote)

A total of 15,933 shares changed hands on the counter till 12:06PM (IST)

Rate this item

(1 Vote)

Vinati Organics Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 19847.30 Crore) operating in Chemicals sector.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.