A sharp correction has gripped India’s unlisted equity market over the past few weeks, with shares of marquee IPO-bound firms like the National Stock Exchange (NSE), National Securities Depository Ltd (NSDL), and Tata Capital and others sliding as much as 21% from their recent peaks. The selling pressure has intensified in the wake of HDB … Read more
Shares of smallcap stock Samhi Hotels, backed by ace investor Madhuri Madhusudan Kela, have surged 98.4% from their April lows to hit their all-time high of Rs 240.30 on the NSE on July 10. The stock had fallen to its all-time low of Rs 121.10 on April 7, 2025. On charts, the stock is now … Read more
As of March 2025, insurance companies collectively hold a 19.22% stake in NSE, amounting to 47.57 crore shares. At an estimated share price of Rs 2,369, this stake is valued at approximately Rs 1.12 lakh crore, underscoring the substantial institutional confidence in the exchange. Among the major state-backed stakeholders are Life Insurance Corporation of India … Read more
In the last one year, several penny stocks have given substantial returns to their investors but we highlight 10 penny stocks that have surged between 40% and 740%. These stocks were selected based on specific criteria: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a recent minimum trading volume … Read more
A significant volume of pre-IPO shareholder lock-ins worth $ 1,860 million is set to expire in July 2025, potentially reshaping the shareholding structure of several recently listed companies. According to a report by domestic brokerage Nuvama Institutional Equities, the lock-in expiries next month span across multiple companies and include both promoter and non-promoter holdings. The … Read more
Realty developer Kalpataru has raised over Rs 708 crore from nine anchor investors including GIC Singapore, Bain Capital’s GSS Opportunities Investment, SBI Mutual Fund, ICICI Prudential Mutual Fund, SBI General Insurance, Aditya Birla Sun Life, and 360 ONE WAM. A total of over 1.71 crore shares have been allotted to these nine anchor investors at … Read more
Private equity firm True North and Niva Bupa Health Insurance chief Krishnan Ramachandran divested a combined 10 per cent stake in the health insurer for Rs 1,507 crore through open market transactions. Mumbai-based True North, through its special purpose vehicle Fettle Tone LLP, sold a total of 17.29 crore shares or 9.46 per cent stake … Read more
Prime Minister Narendra Modi and Telangana Chief Minister A. Revanth Reddy shake hands at the Governing Council meeting of NITI Aayog in New Delhi on May 24, 2025. | Photo Credit: Special Arrangement Telangana Chief Minister A. Revanth Reddy laid out a visionary roadmap of State’s role in India’s journey towards becoming a developed nation … Read more
A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction. According to the bulk deal data available on the NSE, Rajat Agarwal offloaded 25 lakh shares, representing a 3.38 per cent stake in Gravita India. The shares were sold at … Read more
Metropolis Healthcare on Tuesday said its consolidated net profit declined 19 per cent to Rs 29 crore in the fourth quarter ended March quarter 2025. The diagnostics chain had reported a net profit of Rs 36 crore for the January-March period of FY24. Revenue from operations rose to Rs 345 crore in the period under … Read more