The ₹451.3 crore issue consisted entirely of an offer-for-sale (OFS) by promoters, meaning Euro Pratik Sales will not receive any proceeds. The objective of the IPO was to provide an exit to promoters and list the company’s equity shares on the stock exchanges.

Shares of Adani Total Gas and Adani Green Energy also saw healthy gains on Monday, with volumes that were significantly higher than their 20-day average.

It was a tug-of-war between bulls and bears. After a flat open, Nifty slipped 118 points, staged a sharp 178-point rebound, but gave up much of those gains in the final hour.

The IPO of VMS TMT garnered a whopping 102.26 times subscription on the closing day of share sale, driven by strong investors' participation.

L&T said the partnership will leverage its expertise in developing strategic defence and aerospace platforms, with BEL's experience in defence electronics and systems.

Brokerage firm Goldman Sachs said that the thesis around a shift toward higher-tonnage vehicles and an improving margin environment for the commercial vehicle industry is now largely reflected in the current stock price.

GAIL has extended the completion timeline for its 1,702 km Mumbai-Nagpur-Jharsuguda pipeline project to December 2025, while also approving a ₹5,364 crore capacity expansion of the Jamnagar-Loni LPG pipeline.

Tata Investment Corporation surged on very high volumes on Wednesday. As many as 36.4 lakh shares of the company changed hands, in comparison to the 20-day average of 1.6 lakh shares.

In sharp contrast, a clutch of lesser-known companies rewarded shareholders with outsized gains. Many of these stocks surged from double-digit to triple-digit price levels, while a few now trade in the ₹2,500–₹6,400 range. However, most of these counters…

Back in 2015, Fineotex Chemicals had announced a 1:1 bonus issue, rewarding shareholders with one bonus share for every one share held. Additionally, it also announced that it will be dividing one equity share of face value of ₹10 into five equity shares…

According to UBS, Dixon Tech is entering its next phase of growth through backward integration into non-semiconductor smartphone components such as displays, camera modules, enclosures, and batteries.

It’s important to note that these High Court orders are applicable only in Karnataka and Rajasthan. A nationwide extension will depend on whether the CBDT issues an official notification.

Copper prices global currently remain near the highest level in more than a year, after Freeport-McMoRan Inc. declared a force majeure on contracted supplies from its giant mine in Indonesia.