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National Aluminium Co. is set to invest Rs 30,000 crore in capital expenditure over the next four to five years, with a focus on expanding mining, refining, smelting, and power capacity, as well as diversifying into value-added products.
Groww’s confidential filing for an initial public offering has been approved by SEBI, with the company likely to raise $1 billion and valuing it at around $7 billion.
Foreign portfolio investors continue to sell Indian shares, while domestic institutional investors remain net buyers, amid a decline in the Indian stock markets.
Vikran Engineering Ltd.’s initial public offering (IPO) has garnered significant interest, subscribing 5.24 times on the second day. The IPO, which consists of a fresh issue of up to Rs 721 crore and an offer for sale of Rs 51 crore, is set to list on the BSE and NSE on September 3.
Get expert advice on whether to buy, sell, or hold shares of top Indian companies like Hero MotoCorp, HDFC Bank, and Tata Motors. Learn from industry experts and make informed investment decisions.
Rakesh Gangwal’s family trust offloads 1.3% stake in IndiGo, worth Rs 2,933 crore, through open market transactions, taking cumulative divestment to Rs 39,532.79 crore.
The NSE Nifty 50 index witnessed a sharp decline, reflecting continuation of selling pressure. Find out the key support levels and what to expect in the coming sessions.
Asian equities traded mixed as investors await the US inflation report and oil prices dropped on geopolitical tensions, affecting Indian investor sentiment.
Get the latest updates on the Indian stock market, including news on NTPC, CG Power, All Cargo Logistics, Lemon Tree, ICICI Bank, and Indus Tower, and how these developments may impact investor sentiment.
The Q1 results for Indian IT stocks have been muted, but a strong order backlog and recovery in discretionary spend offer a cushion for future growth. TCS remains the top pick, while Infosys, HCLTech, and Wipro trade at modest to steep premiums.