An omnichannel payment solutions provider AGS Transact Tech saw a tepid debut on the bourses on 31 January 2022. AGS Transact Technologies stock price on the Bombay Stock Exchange was Rs. 176 against its issue price of Rs. 175 a share. This was only a 0.57% rise in price as compared to the upper band …
IRDAI, India’s insurance regulator, squashed LIC’s plans to purchase a 15% stake in India International Exchange Ltd (India INX). India INX is a stock exchange located in the GIFT City of Gujarat. Technically, India INX is located in IFSC (International Financial Services Centre) in Gift City, Gujarat, which is considered a foreign territory though it …
OYO Hotels and Homes, the once stand-out Indian startup, struggled during the pandemic, and it is now eyeing a $9 billion valuation with its public market debut. Backed by SoftBank Group, this company is likely to receive the green light from SEBI to float its IPO. It filed the DRHP last year but faced various …
Devyani International, the operator of QSR (quick-service restaurants) such as Pizza Hut, KFC, and Costa Coffee, has seen its share price surge following CLSA India’s announcement of a bullish outlook. Following this, shares of Devyani International surged 3% to Rs. 193 on the NSE on 19 January 2022. CLSA India initiated coverage on CLSA shares …
As 2022 begins, what are some of the stocks to watch out for this year? Which categories should investors keep a close eye on? What are the sectors that are likely to drive the stock market? Find out all this and a lot more in this blog. Let’s start. Some of the key reasons that …
What Is Free-Float Methodology? The free-float approach is a method for estimating the market capitalization of underlying firms in a stock market index. Market capitalization is computed using the free-float approach by multiplying the equity’s price by the number of shares easily accessible in the market. The free-float technique eliminates locked-in shares, such as those …
The Fiscal Budget for the Financial Year 2022-23 is on the way. It is a crucial time for the economy as the pandemic continues to affect growth. Despite the given situation, the government’s revenue collections have been satisfactory. This can be mainly attributed to the robust direct tax collections. The fiscal deficit for the Financial …
Brightcom Group shares, which saw multi-bagger returns over the past year, saw a further 5% increase to Rs. 191 on 17 January 2022 following announcement regarding bonus shares. On Monday, the company stated that its board meeting on 25 January would consider declaring bonus shares issuance for shareholders. This stock rallied over 475% over the …
Free float refers to those shares you can trade publicly in the secondary market or the stock exchange. These are shares that any directors, founders, promoters, acquirers do not hold, and bodies with controlling interests, strategic stakes, or locked-in shares, do not have. They are available for retail and other investors trading on the stock …
OYO Hotels and Homes, the once stand-out Indian startup, struggled during the pandemic, and it is now eyeing a $9 billion valuation with its public market debut. Backed by SoftBank Group, this company is likely to receive a green light from SEBI to float its IPO. It filed the DRHP last year but faced various …
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