Midwest’s Rs 451 crore IPO, which saw a massive subscription of 92.36 times, will finalize its allotment on Monday. Investors can check their status on Kfin Technologies or BSE websites. The company, a leading Black Galaxy Granite producer, is expected to list on October 24 with a potential listing price around Rs 1,160.Read More
Gold prices experienced a modest boost on Monday, marking a recovery from last week’s significant drop. This uptick comes on the heels of gold’s best weekly performance in months, driven primarily by geopolitical unrest and robust buying from central banks.Read More
Indian companies are showing robust profit growth, with a double-digit year-on-year increase in net profit for the fourth consecutive quarter. While sectors like oil, gas, and retail are performing well, banking, finance, and IT are lagging. Analysts anticipate a multi-quarter earnings upcycle, boosted by economic stimuli and policy measures.Read More
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