Jefferies attributes an upcoming “lumpy” growth to the time it takes for new capacities to break even, ranging from 6 to 18 months The sector will be characterised by sharp bursts of growth and periods of slow growth but will see a big capacity expansion and rise in average revenue per occupied bed. India’s hospital…
India Shelter Finance IPO is a book built issue of Rs 1,200.00 crores. The issue is a combination of fresh issue of 1.62 crore shares aggregating to Rs 800.00 crores and offer for sale of 0.81 crore shares aggregating to Rs 400.00 crores. India Shelter Finance IPO bidding opened for subscription on December 13, 2023…
Tata Power Renewable Energy is a subsidiary of Tata Power Company Limited, one of India’s largest integrated power companies. Tata Power Renewable Energy on Wednesday said it has inked an agreement with Dr. Abhay Firodia Group of Companies — Force Motors Ltd and Jaya Hind Industries Pvt Ltd — to develop a 13.2 MW group…
Inox CVA IPO is a book built issue of Rs 1,459.32 crores. The issue is entirely an offer for sale of 2.21 crore shares. Inox CVA IPO opens for subscription on December 14, 2023 and closes on December 18, 2023. The allotment for the Inox CVA IPO is expected to be finalized on Tuesday, December…
IREDA share price hits 20% upper limit The shares of Indian Renewable Energy Development Agency (IREDA) rose over 19.97% on Monday’s trading session to ₹85 per share on NSE. This remarkable uptick was accompanied by substantial trading volumes, and the stock witnessed exclusive buyer interest. Over the last two trading days, the shares of IREDA recorded…
Rolls Royce plans ‘120-inch-long’ mini nuclear reactor Rolls-Royce has unveiled a conceptual model design of a nuclear Space Micro-Reactor that may one day supply electricity for a lunar settlement. This tech prototype was presented at the UK Space Conference held in Belfast last week. Some regions of the Moon’s southern pole have remained untouched by…
DOMS IPO: From price band to GMP, here are some things to know about upcoming public offer DOMS IPO: The initial public offering (IPO) of DOMS Industries Limited is going to hit primary market on 13th December 2023 i.e. on Wednesday next week. As per the DOMS IPO date of subscription, the public issue will open on 13th…
India’s largest consumer care company shows negative momentum In the Nifty 50 index, 48 stocks were trading above while HUL and UPL were the only stocks below the 200-DMA/SMA Though HUL settled marginally higher at Rs 2,525.3 on Friday, the stock is down over 1 percent year-to-date While 96 percent of Nifty 50 stocks traded…
Nifty touching the psychological 21,000 mark What sparked off rally in Indian stocks this week is BJP’s decisive win in assembly elections of three key states, which was a more positive outcome than what the markets were expecting tock prices are slaves of earnings. And India’s earnings growth is very much on track Stock markets…
OpenAI CEO Sam Altman explained why he views the recent boardroom drama as a blessing in disguise,In his latest interview with Trevor Noah. OpenAI witnessed a tumultuous time last month after Sam Altman was fired and went into an exile of sorts for nearly five days. Now that Altman has been reinstated, the high-stakes drama…
