Indegene IPO shares set to make debut today

Indegene IPO shares set to make debut today

[ad_1] Shares of Indegene will be listed at the bourses today. The company has fixed the issue price at ₹452, the upper cand of the price band of ₹430-452. The initial public offering saw a robust response from all category investors, as the issue was subscribed 69.70 times, thanks mainly to qualified institutional buyers. The issue size […]

Why This Asset and Wealth Management Company is Investment Worthy

Why This Asset and Wealth Management Company is Investment Worthy

[ad_1] Buoyant markets tend to work favourably for those players that are part of the ecosystem.  Brokerages, asset and wealth management companies and even private equity/investment players tend to be beneficiaries when markets are on a bull run. Motilal Oswal Financial Services (MOFS) is one such well-entrenched firm that operates across the capital market ambit […]

DroneAcharya inks pact with CBAI Tech; stock surges over 5%

[ad_1] DroneAcharya Aerial Innovations Ltd has inked an agreement with CBAI Technologies Pvt Ltd for the procurement of 200 type certified training drones over a span of three years. Prateek Srivastava, Founder and Managing Director of DroneAcharya, said, “India is poised to require one lakh drone pilots, triggering a cascade of job opportunities in ancillary […]

Broker’s call: ASK Automotive (Buy)

[ad_1] Target: ₹375 CMP: ₹309.20 ASK Automotive (ASK) is the leading manufacturer of 2W brake shoe and drum braking systems with a combined about 50 per cent market share. Despite being a late entrant, the company has emerged as a sizeable player in aluminium light-weighting components (ALP) and safety control cables (SCC) for the 2W segment, […]

India’s forex reserves rise to an all-time high of $649 billion

[ad_1] India’s foreign exchange (fx) reserves rose $2.98 billion in the first week of the new financial year to an all-time high of $648.562 billion as on April 5, 2024. Also read: G-Sec yields spike, rupee weakens on higher-than-expected US inflation Fx reserves in the reporting week were mainly buoyed by increase in gold reserves […]

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