Bharat Coking Coal Ltd’s (BCCL) initial public offering (IPO) is set to enhance the value of India’s coking coal assets, with parent firm Coal India Ltd poised to benefit from the offer for sale (OFS) proceeds.
Bharat Coking Coal’s IPO has garnered significant interest, with a subscription rate of 33.67 times on its first day, driven primarily by non-institutional investors. The Rs 1,300 crore issue is an offer for sale by promoter Coal India.
Amagi Media Labs Ltd. has raised Rs 804 crore from its pre-IPO anchor allocation round, with mutual funds being the major contributors. Get the latest updates on the Indian stock market and IPO news.
Tata Consultancy Services Ltd.’s Q3 performance has drawn a mixed response from brokerages, with the Street broadly agreeing that while the quarter was largely in line on headline numbers, underlying trends in international markets remain soft.
Get the latest updates on Asian shares, yen movement, and its impact on the Indian stock market, including Nifty and Sensex levels, and major corporate actions affecting investor sentiment.
Get the latest updates on the Indian stock market, including key stocks to watch, Nifty levels, Q1 results, and major corporate actions that could impact investor sentiment and influence market trends.
Get the latest updates on the Q3 earnings season, with over 20 companies including Infosys, Groww, and HDB Financial Services set to declare their results on January 14.
Citi initiates coverage on Angel One and Groww, predicting transformational growth in the Indian stockbroking market. Get the latest updates and analysis on the Indian stock market.
Get the latest updates on SBI Cards’ upgraded rating by CLSA and what it means for Indian investors, including insights on asset quality and operating profitability.
Silver price has hit a record high of $89.16 per ounce, while gold price is nearing an all-time peak. Find out what this means for Indian investors and the global commodity market.