Logiciel Solutions’ ₹39.90 crore SME IPO opened on Friday with steady investor interest, reflected in a grey market premium of around 21%. The issue, priced at ₹183–193 per share, includes a ₹32.70 crore fresh issue and a ₹7.20 crore offer for sale. Retail investors must apply for at least 1,200 shares (₹2.31 lakh at the...Read More

Purple Wave Infocom’s ₹31.45 crore SME IPO opened on Friday with no grey-market premium, indicating a neutral debut. The issue, priced at ₹120–126 per share, is a fully fresh offer of 24.96 lakh shares and closes on December 2. Retail investors must bid for at least 2,000 shares, costing ₹2.52 lakh at the upper band....Read More

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Thyrocare Technologies will trade ex-bonus today for its 2:1 bonus share issue, under which investors will receive two additional shares for every one held. The record date for determining eligible shareholders is November 28.Read More

Meesho’s initial public offering opens on December 3. The e-commerce firm plans to raise Rs 5,421 crore. The IPO includes a fresh issue and an offer for sale by early investors. Proceeds will fund infrastructure, marketing, and acquisitions. Meesho will debut on the stock market on December 12. The company aims for significant growth.Read More

The surge in Can Fin Homes’ stock prices reflects its successful strategy to extend operations outside southern India. As the company spreads its wings, it expects a substantial increase in its asset management growth. Recent reports indicate a sharp rise in loan disbursements, backed by strong asset quality and controlled NPAs.Read More

Vedanta’s ESL Steel is set to raise ₹2,000 crore via non-convertible debentures. This fundraising follows a previous ₹5,000 crore raise earlier this year. Vedanta’s leverage remains a focus due to dividend outflows to its parent, Vedanta Resources. The company’s net leverage has seen a reduction. Vedanta Resources has also reduced its debt significantly.Read More

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Indian markets reached new record highs on Thursday. Global markets showed strong performance, boosting domestic sentiment. Analysts identified 26,300 as a key resistance level. A break above this could lead to further gains. The India VIX, a fear gauge, declined. Foreign investors were net sellers, while domestic institutional investors were net buyers. The rupee weakened...Read More

Global equities held firm, buoyed by expectations of faster Federal Reserve rate cuts and a return of risk appetite, with Bitcoin surging. Markets anticipate a year-end rally, supported by a positive macro outlook and decent corporate earnings. Tech shares led gains in Asia, while German equities rose on takeover interest.Read More