Cochin Shipyard shares are set to be in focus on Thursday after the company secured a Rs 200-crore order from ONGC for dry dock and major lay-up repairs of a jack-up rig. Signed on September 17, the 12-month contract strengthens CSL’s position in offshore engineering and reinforces its role as a key partner for PSU oil and gas projects.Read More
Indian stocks experienced gains on Thursday, marking a third consecutive session of advances for the Sensex and Nifty. This upward trend followed the U.S. Federal Reserve’s decision to cut rates by 0.25% to bolster the labor market. Positive investor sentiment was further fueled by recent GST reforms and encouraging developments in India-US trade talks.Read More
Airfloa Rail Technology’s IPO is set to debut on Thursday, generating significant investor excitement. The IPO witnessed a subscription of over 301 times, driven by strong fundamentals, marquee projects, and favorable market conditions. The company’s robust financial performance and involvement in railway modernization projects like Vande Bharat Express have further fueled investor interest.Read More
JD Cables’ Rs 96 crore SME IPO opens today, featuring a fresh equity sale and an offer for sale, closing on September 22. HDFC Bank invested in the anchor book ahead of the IPO. The price band is fixed at Rs 144–152 per share. The company will use the IPO proceeds for working capital, debt repayment, and general corporate purposes.Read More
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