Brigade Enterprises launched a Rs 1,500-QIP after market hours on Monday
As investors anticipate the company's listing on the BSE and NSE, the strong GMP suggests a positive market reception
Bengaluru-based Brigade Enterprises plans to raise up to Rs 1,500 crore by selling equity shares to institutional investors as part of its strategy to expand business.
The stock hit a 52-week high of Rs 848, surged 14% on the BSE in Tuesday's intra-day trade and has rallied 40% in three weeks.
Oil recorded its first back-to-back monthly decline amid signs of sluggish demand in China and the United States raised concerns about future consumption growth.
The surge in Aadhar Housing share came after Kotak Institutional Equities initiated coverage on the company with 'Buy' rating for a target price of Rs 550, marking an upside of 41%.
The market is closely watching key US data and Federal Reserve's rate action as these will be directional cues
Derivatives market update for Sept 03: The Nifty September futures premium tumbled from Rs 141 on Friday to Rs 61 on Monday. DIIs added fresh longs in Nifty futures, while FIIs sold.
Shares of Garment Mantra Lifestyle and Nucleus Software Exports will trade ex-date for the bonus issue and share buyback, respectively, that they have announced
The analysts believe that factors like healthy leverage, an increased focus on business development, and the potential for interest rate cuts will boost sales in the city.
Share Market Today, Tuesday, September 3, 2024: Baazar Style IPO, Premiere Energies IPO, economic data across countries to be on investors' radar today
Vedanta has approved a third interim dividend of Rs 20 per share for FY25, raising the total dividend payout so far to Rs 13,474 crore.
Recently, Allcargo Logistics has formed a bullish Bat pattern, which is a harmonic chart pattern known for indicating potential reversals.
For near-term traders, the optimal strategy is to book profits at current levels, given the proximity to resistance.
Regulatory official dubs charges 'malicious and opportunist'
No payment to her other than retiral benefits, clarifies lender
Urges SMEs to go for alternative funds before exploring listing option
Speaking at a CII event, Sebi chairperson said, "a single filing with the exchange will be a reality very soon"
Brokerages see an upside of up to 23 per cent in Gujarat Gas stock as they believe that the restructuring of these Gujarat companies will simplify the existing layered structure.
The clarification came after the country's opposition party alleged that Buch continued to draw a salary from the bank