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Ola Electric Aims to Raise Up to Rs 1,500 Crore: A Boost to India’s EV Sector? Ola Electric Mobility, one of the leading electric two-wheeler manufacturers in India, has announced that its board has approved a proposal to raise up to Rs 1,500 crore via an issue of securities. This move is expected to provide […]

Lenskart IPO: A New Opportunity for Indian Investors Lenskart Solutions, backed by marquee global investors – Softbank, ADIA, Temasek, and Kedaara Capital, is set to open its maiden public issue on October 31. The Peyush Bansal-led eyewear products maker will raise Rs 2,150 crore via fresh shares, while promoters and investors will be offloading 12.75

Studds Accessories IPO: An Overview Faridabad-based helmet manufacturer Studds Accessories Ltd. is set to open its public issue on October 30. The IPO, which closes on November 3, is a pure offer-for-sale (OFS) of up to 77.9 lakh equity shares by its promoters and existing shareholders. This marks the company’s second attempt at a market

Indian Stock Market Update: Nifty and Sensex Move in Sync The Indian stock market has been witnessing a remarkable pullback in the last few days, with the Nifty ending below the 25,800 mark and the Sensex down nearly 500 points from its day’s high. This has raised questions about the market outlook for the near

Orkla India IPO: A Hefty Dividend Payout Raises Eyebrows Just days before its upcoming initial public offering (IPO), MTR Foods’ parent company, Orkla India Ltd., distributed a hefty Rs 600-crore dividend for fiscal 2025 — its first-ever dividend payout in 17 years and one that exceeds the company’s annual profits for any previous year. According

Coforge Q2 Results: 18% Rise in Profit, Interim Dividend Declared – What it Means for Investors Coforge, a leading IT company in India, has announced its Q2 results, which have shown an 18% rise in profit. The company has also declared an interim dividend of Rs 4 per equity share for the fiscal 2026. Key

Defence Stocks in Focus: Antique Bullish on BEL, HAL, and Others Brokerage firm Antique has reiterated its positive stance on Indian defence stocks following the Defence Acquisition Council’s (DAC) approval of capital procurement proposals worth Rs 79,000 crore. The approvals, aimed at enhancing the operational capabilities of the Indian Navy and Air Force, are part

Utkarsh SFB Stock Settles 18% Higher On Share Allotment To Madhusudan Kela’s Fund House The shares of Utkarsh Small Finance Bank ended the session on Friday with 18% gains after it rose nearly 20% after the lender announced that it has allotted over 5.71 crore shares to investor Madhusudan Kela’s fund house Cohesion MK Best

Dr Reddy’s Q2 Results: A Detailed Analysis Dr Reddy’s Laboratories Ltd.’s profit in the second quarter of this financial year rose 7.3% to Rs 1,347 crore in the quarter ended September. This is in comparison to a profit of Rs 1,256 crore in the same quarter of the previous fiscal, according to its stock exchange

DMart’s Radhakishan Damani Invests Rs 90 Crore in Lenskart Ahead of IPO Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round, people familiar with the development said on Friday. About the Investment The investment comes ahead