A new listing loses 35% of its value on debut despite a 44x subscription to its IPO
The IPO had seen strong investor interest. The issue was subscribed 43.66 times at the close of bidding on February 25. It received bids for…
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Watch | Iran conflict unlikely to be prolonged; market flows remain stable, says Samir Arora
Helios Capital Founder Samir Arora said the ongoing Iran-related conflict is unlikely to turn into a prolonged war due to limited military capacity and rapid…
Tata Motors CV clarifies on reports of Indonesia order being put on hold; Here’s what it said
On February 10, Tata Motors CV had announced that PT Tata Motors Distribusi Indonesia, a wholly-owned subsidiary, had entered into an agreement to supply 70,000…
‘Could be largest oil supply disruption in history’, S&P Global Energy warns on US-Iran war
S&P Global Energy says that markets with little or no inventories will face the brunt of the negative supply impact and in case there is…
Iran-Israel-US War: KRBL, LT Foods fall up to 8% as rice export worries hit
KRBL derives around 61% of its basmati export revenue from the Middle East and the GCC region. LT Foods, the maker of Daawat rice, reported…
Stock Market Sell-Off: Here’s a list of stocks impacted due to the Iran war
From ONGC and Oil India to IndiGo, rice exporters and defence stocks, here is a list of names that have been impacted due to the…
South Korean defence stocks surge as high as 30% amidst ongoing US-Iran war
Defence stocks globally had seen a sharp surge on Monday with the escalation of the war in the Middle East. Indian stocks such as Paras…
Greenply Industries says I-T dept ends search and seizure operations at units, promoter residence
Apart from the offices and manufacturing units, the I-T department also carried out search and seizure operations at the residence of the company’s promoter and…
Explained — How rising oil prices will have a negative impact on shares of IndiGo
For every $5 per barrel increase in brent price, IndiGo’s Earnings Per Share (EPS) is likely to be impacted by 13%, according to brokerage firm…
Explained — Three factors that aided Monday’s Wall Street recovery
Jeff Kilburg, CEO of KKM Financial, had posted on Sunday night that the market would turn green before the close on Monday. He said that…