The S&P BSE Sensex closed above 40,000 points for the 1st time on May 23, 2019 with the euphoria experienced due to the Narendra Modi led NDA Government coming to power for yet another term. Nifty also surpassed the 12,000 level for the first time in the history. Indian Stock Market History The stock markets in India began way back in 1875. The BSE (Bombay Stock Exchange) is the most established stock exchange in India. The history of Indian stock trading begins with 318 persons taking
All posts by Vishal Dalwadi
Update Fusion Micro Finance 'LISTING' Fusion Micro Finance Limited made a weak/disappointing debut on the stock market today. The stock was listed at INR 359.50 (2.3% discount) on the National Stock Exchange (NSE) against the issue price of INR 368, while the opening on the BSE was at INR 360.50. In a higher inflation rate scenario; declining in profit margins and fear of possible bad loans are some of the reasons that pull the stock price down. The Company is among the top 10
Five Star Business Finance Limited - an NBFC-ND-SI providing “Secured Business Loans” to micro-entrepreneurs and self-employed individuals is planning to raise INR 1905 Cr via IPO [Fresh Issue NIL + OFS 1905 Cr] Five Star Business Finance: History Incorporated in the year 1984, Five Star Business Finance Limited is a Chennai based Non-Banking Finance Company with a strong presence in south India; where Andhra Pradesh, Tamil Nadu, Telangana, and Karnataka being the key states for the
Global Health Limited - one of the largest private multi-speciality tertiary care providers is planning to raise INR 2205 Cr via IPO [Fresh Issue 500 Cr + OFS 1705 Cr] Global Health: History Global Health is founded by Dr. Naresh Trehan - a world-renowned cardiovascular and cardiothoracic surgeon. He has been awarded the prestigious Padma Bhushan (the third highest civilian awards in India) and the Padma Shri (the fourth highest civilian awards in India), and the BC Roy Award, in
Bikaji Foods International Limited - India’s largest FMCG (fast-moving consumer goods) brands with an international footprint is planning to raise INR 881 Cr via IPO [Fresh Issue NIL + OFS 881 Cr] Bikaji Foods International: Company Profile In the late 1980s, Shri Shivratan Agarwal decided to walk his path and create a new identity for himself, this lead to the birth of the brand “Bikaji” Bikaji Foods International: Products Bikaji Foods product range includes 6 principal
Heavy selling by the Foreign Institutional Investor (FII) kept the domestic equity market nervous during the September quarter. However, they continued to increase their stake in selected stocks from across the sectors. While surfing on the net I have found out 13 such companies where fii holding increase since last 5 and more quarters. Elgi Equipments Limited Company Profile: Elgi Equipments is in the business of manufacturing and supplying Air Compressors & Automotive
DCX Systems Limited - among the leading Indian players for the “manufacture of electronic sub-systems and cable harnesses” is planning to raise INR 500 Cr via IPO [Fresh Issue 400 Cr + OFS 100 Cr] DCX Systems Limited - Company Details Started operations in the year 2011, DCX Systems Limited has been a preferred IOP (Indian Offset Partner) for foreign OEMs (original equipment manufacturers) for executing “aerospace and defence manufacturing projects” DCX Systems Limited -
Update "Q2 FY 2022-23 Numbers" Clean Science and Technology Ltd - one of the leading chemical manufacturers globally has presented its Q2 FY22-23 numbers today – On a consolidated basis the Revenue from the operations of the company stood at INR 247.51 Cr for the period ended 30 September 2022, UP 5.77% Q-O-Q basis (INR 234 Cr as on 30 June 2022) and UP 61.77% Y-O-Y basis (INR 153.16 Cr as on 30 September 2021) For the quarter ended 30 September 2022 the Expenses of the company stood

