Vodafone Idea Ltd (NSE: IDEA): Today is going to be a very important day for Vodafone Idea Ltd. The Supreme Court is going to hear the company’s curative petition in the Adjusted Gross Revenue (AGR) dues case on Friday, August 30. The company has demanded 3 different reliefs in the AGR case. This hearing is important because many market experts believe that if the court accepts the company’s side, then there will be a sharp decline in the company’s dues. Vodafone Idea Ltd’s stock has seen a decline in Wednesday’s trading. The stock has closed below the level of 16…
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careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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Resourceful Automobile IPO: The share of Delhi-based company Resourceful Automobile was listed on BSE today. The company’s share had a muted listing. This IPO was listed on BSE at Rs 117 against its price band of Rs 177. After listing, the stock fell by about 4.9% and reached an intraday low of Rs 111. However, later it hit an upper circuit of 5% and the stock reached an intraday high of Rs 122.85. Let us tell you that the IPO of Resourceful Automobile opened on 22 August and closed on 26 August. The size of this SME IPO was Rs…
The share of TV18 Broadcast Ltd (NSE: TV18BRDCST) and Network18 Media & Investments Ltd (NSE: NETWORK18), part of Reliance Industries, rose by about 13 percent intraday on August 29. The Competition Commission of India on the 28th of August approved the merger between the media divisions of Reliance Industries and Walt Disney Company. The Competition Commission has approved this merger agreement with some amendments proposed by both parties. Under this merger agreement, the country’s largest media company worth more than Rs 70,000 crore will come into existence. Due to this development, buying has increased in the shares of TV18 Broadcast…
Ujjivan Small Finance Bank share: As the world witnessed a record-breaking rise in the market, a few banks or bank shares experienced an increase in activity on Thursday. The same thing happened to those shares belonging to Ujjivan Small Finance Bank Ltd (NSE: UJJIVANSFB). The cost that this share has is lower than Rs 50. But, experts believe the price of shares could go upwards to 50 rupees within the next few days. What Is The Price Now? Ujjivan Small Finance Bank Ltd’s share is trading at Rs 43. At the same time, a brokerage firm has given a buy…
Premier Energies’ Rs 2830 crore IPO has a tremendous reaction from investors. On the last day of the issue, bids were received for 74 times the share on offer. A total of 4.46 crore share was placed in the issue, however, bids were received for about 331 crore share. The QIB portion was subscribed 217 times, the retail investor’s portion more than 7 times while the employees’ portion was subscribed 11 times. About 50 times the reserve portion has been received for NII. In the IPO, Rs 1291 crore is being raised through fresh issues, while the offer for sale…