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Galaxy Medicare launches its Rs 22.3-crore IPO today, featuring a fresh issue and an offer for sale, with share prices between Rs 51 and Rs 54. The company intends to utilize the raised capital for capital expenditure, working capital needs, and general corporate purposes. Despite a diversified product portfolio and established brand, the IPO shows...
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The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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Apple unveiled its iPhone 17 lineup at the “Awe-dropping event,” introducing the slimmer iPhone Air with an A19 Pro chip and in-house modems. Despite a $1 billion tariff hit, Apple kept prices unchanged, raising concerns over margins as shares fell 1.5%.
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A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.
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Global asset managers like KKR and Blackstone are increasing investments in India, positioning Mumbai as a key hub for Asia’s private equity. This shift, driven by India’s strong economic growth and attractive investment opportunities, sees decision-making power moving to the country. Despite risks like high valuations and tariffs, India’s consistent returns make it a focal...
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Wce have collated a list of recommendations from top brokerage firms from ETNow and other sources:​
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Investors interested in Patanjali Foods’ 2:1 bonus issue must purchase shares today to be eligible, as September 11 is the record date. Shareholders on the company’s books by then will receive the additional shares. This bonus issue rewards existing shareholders by increasing their holdings without further investment, with shares closing flat at Rs 1,802 on...
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Dev Accelerator launches its Rs 143 crore IPO, priced at Rs 56-61 per share, aiming for BSE and NSE listing on September 17. While analysts flag high valuations compared to peers, the company emphasizes its Tier-2 market leadership and expansion plans, including an international project. The IPO closes on September 12.
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Urban Company’s Rs 1,900 crore IPO opens today, priced at Rs 98–103 per share, featuring a fresh issue and offer-for-sale. GMP indicates a 35% premium, reflecting strong demand. Founded in 2014, the company connects customers with service professionals and reported Rs 1,144.5 crore revenue in FY25, turning profitable.
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