Ashok Leyland’s bonus issue is making headlines as the commercial vehicle giant gears up for a crucial board meeting on May 23. This meeting could mark a double delight for investors—first, with the announcement of its Q4 FY25 financial results, and second, with the likely approval of its first bonus issue in 14 years. The...
In a strong finish to FY25, Bharat Electronics Ltd (BEL) announced a notable 18.4% jump in net profit, driven by higher revenues and solid defence sector momentum. The BEL Q4 results 2025 revealed a profit of ₹2,127 crore, up from ₹1,797 crore in the same period last year. Backed by this robust performance, the board...
Bharat Electronics Limited (BEL) is making headlines again! BEL share price today is under the spotlight as the Navratna PSU secures fresh defence orders worth ₹572 crore. Investors are also eyeing the Q4 FY25 results and dividend announcement due today, May 19. With a stellar stock performance and rising order book, BEL continues to...
The Borana Weaves IPO is drawing significant investor attention with a sharp rise in Grey Market Premium (GMP), indicating strong listing expectations. Backed by a ₹144.89 crore issue size at a price band of ₹205–₹216, this IPO is a pure Offer-for-Sale (OFS) and is set to list on both NSE and BSE. With the IPO...
India’s paint market just witnessed a game-changing move. Sajjan Jindal-led JSW Paints has reportedly clinched a deal to acquire Akzo Nobel India, beating heavyweights like Advent International and Indigo Paints. This bold acquisition will place JSW Paints as a formidable force in both decorative and industrial segments—exactly the strategic push needed before its planned IPO...
JSW Infrastructure Block Deal: In a major market development, the Sajjan Jindal Family Trust has initiated a ₹1,200 crore block deal in JSW Infrastructure to comply with SEBI’s minimum public shareholding (MPS) norms. The promoter group aims to offload up to 2% stake at a floor price of ₹288 per share. JSW Infrastructure Block Deal,...
Pune-based Belrise Industries is all set to launch its ₹2,150 crore IPO from May 21 to May 23, 2025, with the price band fixed between ₹85–90 per share. This fresh issue of 23.89 crore equity shares aims to repay ₹1,618 crore of company debt, making it a crucial move for financial stability. The anchor investor...
Ircon International, a leading PSU in railway infrastructure, has bagged fresh project orders worth a total of ₹179.41 crore from North Western Railway, strengthening its presence in India’s massive rail transformation drive. These orders include a ₹51.61 crore contract for a Remote Diagnostic & Predictive Maintenance System and a ₹127.80 crore project for installing a...
In a strategic move that could stir investor sentiment, Singapore-based telecom giant Singtel is set to sell Bharti Airtel shares worth $1 billion through a block deal. According to the reports, the floor price for this large transaction is fixed at ₹1,800 per share, about 3.6% below Thursday’s closing price on the NSE. This block...
Reliance Industries witnessed a nearly 2% jump in share price on Thursday, closing at ₹1454.20, riding high on a string of positive news. At the heart of this investor enthusiasm is Reliance’s $2.9 billion offshore loan—Asia’s biggest syndicated deal in 2025—alongside strong quarterly earnings and a strategic exit from its 4.9% stake in Asian Paints....
