Bajaj Finance has announced that Monday, June 16, 2025, will be the record date for determining shareholder eligibility for its upcoming 1:2 stock split and 4:1 bonus share issue. This news, disclosed through a stock exchange filing, led to a 5% rise in the company’s share price, which closed at ₹ 9,372 on Friday, June…
Renowned investor Shankar Sharma has made a significant investment in Bigbloc Construction, purchasing 3.65 lakh shares, equivalent to a 0.51% stake in the company, at an average price of Rs 235 per share. This transaction amounts to a total investment of Rs 8.57 crore. Bigbloc Construction specializes in the manufacture, sale, and marketing of AAC…
In the ever-evolving financial landscape of India, the nation’s central bank is determined to empower account holders with the fruits of higher interest rates. The Reserve Bank of India (RBI) is advocating for an upward revision of savings deposit rates, but it appears that banks, with an eye on fortifying their profit margins, are not…
Platinum Industries Ltd., a leading multi-product company specializing in manufacturing stabilizers and lubricants, has successfully secured Rs. 70.59 crore from anchor investors in anticipation of its forthcoming initial public offering (IPO). The IPO is set to open for public subscription on Tuesday, February 27, 2024. Notably, the company allocated 41,28,237 equity shares at a price…
The recent market correction provides a valuable opportunity for investors to fortify their portfolios, whether they are inclined towards mid-cap or small-cap stocks. Despite the challenges, the long-term prospects for mid-cap stocks remain promising, especially given that a substantial portion of them are predominantly focused on domestic businesses, as emphasized by financial analysts. In recent…
In the ever-evolving landscape of the global economy and capital markets, the past 5-10 years have witnessed profound transformations that have left an indelible mark on the Indian market. These changes have been driven by a confluence of factors ranging from technological advancements and policy shifts to evolving consumer behavior and geopolitical dynamics. This article…
In the dynamic world of investments, uncovering a promising small-cap stock early on can be a game-changer. However, navigating the small/micro/nano-cap terrain demands vigilance and strategic scrutiny. Shagun Jain, the vice president at Kotak Mahindra Bank, has articulated key considerations in his comprehensive piece, “Capitulation of the Small-Cap Investor.” Let’s delve into 14 crucial points…
In a free trade agreement (FTA), two or more trading partners either significantly reduce or eliminate customs duties on the maximum number of goods traded between them. Additionally, they ease norms to promote and facilitate trade in services and investments. India and UK’s Commitment to FTA Commerce and Industry Minister Piyush Goyal announced on Wednesday…
In a significant economic development, India has witnessed a substantial drop in its trade deficit, reaching a 5-month low of $19.37 billion in the month of September. This remarkable achievement was announced by Commerce Secretary Sunil Barthwal on October 13, signifying a positive trend in the country’s economic landscape. Positive Indicators in September Exports Goods…
Several good brokers in India offer low brokerage charges for trading in stocks and derivatives. Discount Brokers: Zerodha: With over 1 crore clients and a 15% market share, Zerodha is the largest and most popular discount broker in India. They offer free equity delivery trades and a flat ₹20 per executed order for intraday, F&O,…
