Latest Stock Market News

Go Digit IPO: The new-age insurance startup on Friday announced that its Rs 2,615 crore IPO, which will run from May 15-17, comes with a price band of Rs 258 to Rs 278 per share. The shares are already commanding a premium of around Rs 50 or 18% in the grey market

The stock traded at a P/E multiple of 29.97, while the price-to-book value ratio stood at 7.3.

The Relative Strength Index of the stock stood at 51.13 on Friday.

Chakri Lokapriya discusses strong revenue and EPS growth in bearing companies, stable FMCG stocks, robust performance in auto sector, FII sell-off impact, and changing dynamics in the paint sector.

The Nikkei closed 0.41% higher at 38,229.11 after rising more than 1% early in trading.

A total of 123,931 shares changed hands on the counter till 12:48PM (IST).

The company is targeting to raise approximately Rs 96.5 crore through the SME IPO and plans to list the shares on the NSE SME platform. Here are 10 important details investors should understand before deciding to subscribe to the public offer.

BPCL shares rose 5% despite a 35% net profit drop. Revenue was Rs 1.32 lakh crore. A 1:1 bonus was approved. Ebitda for the reporting quarter came in at Rs 9,213 crore. FY24 net profit was 26,673 crore.

The precious metal has surged approximately 20%, hitting a record high of $2,431 per ounce in the international market on April 12 and exceeding Rs 74,000 in the Indian market due to strong purchases by central banks and demand from retail investors amid growing geopolitical tensions.

Citigroup upgrades India on earnings strength. Global valuations rise, favoring emerging markets like South Africa. Saudi Arabia downgraded amidst shifting allocations.