Latest Stock Market News

As of 30-Jun-2022, promoters held 45.0 per cent stake in the company, while FIIs held 20.34 per cent and domestic institutional investors had 7.77 per cent.

A total of 218,408 shares changed hands on the counter till 01:24PM (IST)

The stock traded at a P/E multiple of 3.88, while the price-to-book value ratio stood at 3.37.

RBI sold more than a billion dollars yesterday to protect against a fast depreciation in Rupee, allowing some respite to importers who could start panicking after a fall of 10.50 per cent in its value this year," said Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors. The range for the day is expected to be between 82.20 to 82.80 as Asian currencies fall from their recent highs, Bhansali noted.

FSN E-Commerce Ventures Ltd. key Products/Revenue Segments include E-Commerce for the year ending 31-Mar-2022.

The long-term demand story remains intact led by cloud adoption and data analytics across enterprises. Deal environment remains strong but there are definite signs of slowdown in deal conversion cycle on account of economic growth concerns in the US and Europe.

The Fed has already raised rate by 300 basis points since March to 3.00%-3.25% and markets expect that its more than likely that rates will hit 3.75%-4.00% next month. Chicago Fed President Charles Evans has said he sees the policy rate needing to rise to "a bit above" 4.5% by early next year and stay there.

Siemens Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 98832.27 Crore) operating in Engineering sector.

As of 30-Jun-2022, promoters held 39.99 per cent stake in the company, while FIIs held 35.64 per cent and domestic institutional investors had 6.73 per cent.

Bidders who could not get allotment in the IPO may see the initialization of refunds on October 13. Others, who would be allotted shares may see the credit of shares in the demat account by October 14. The listing of the IPO is likely on October 17.