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2 mins read
QIBs swoop in to save the day: India's biggest ever IPO fully subscribed!
QIBs (Qualified Institutional Buyers), who had been offered about 19.89% of the total issue pie, en…
2 mins read
Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain
The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…
2 mins read
Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment
Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…
PTI
3 mins read
Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating
With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…
6 mins read
Ahead of its mega IPO, why is Hyundai Motor India's GMP tanking?
Generally, a higher GMP is seen as a positive sign, indicating that there is increased demand and…
2 mins read
September Auto sales – Automakers report a decline, Mahindra and Mahindra overtakes Tata Motors
The Indian passenger vehicles segment reported a decline in sales for the third consecutive month i…
2 mins read
Hyundai Motor India's shares jump 5% on second day, making up for dull debut
Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. Th…
2 mins read
Soaring to the Sun: Waaree Energies' GMP jumps high, investors to potentially earn up to 90% listing day gains. Should you invest?
Waaree Energies saw its GMP jump to Rs 1,365 today. This takes its probable listing price to Rs 2,…
5 mins read
The Ola Electric Saga: Are surge in complaints and declining market share a wake-up call for Bhavish Aggarwal?
Ola Electric was once considered the most promising electric automaker in the country, from dominat…
2 mins read
IPO market braces for brief slowdown, 2 new issues targeting Rs 365 crore next week
New Delhi: The primary market will see a slowdown next week with only two IPOs, Garuda Construction…
PTI
2 mins read
Hyundai IPO allotment – How to check allotment, IPO GMP, listing date and more
Hyundai Motor India Limited, the Indian arm of South Korean automaker Hyundai Motor Company is expe…
2 mins read
Tata Motors eyes gains in SUV space as it drives in its Curvv
The model would be competing with the likes of Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitar…
PTI
2 mins read
Hero Motors files draft papers for Rs 900-crore IPO, may consider pre-IPO fundraising
The company may consider a pre-IPO placement of Rs 100 crore. If this placement is completed, the f…
2 mins read
Markets on a roll: Sensex, Nifty hit fresh highs tracking rally in Asian peers
From the 30 Sensex firms, Maruti jumped nearly 5 per cent. Tata Motors, Bajaj Finserv, Mahind…
PTI
1 min read
Markets rebound in early trade on rally in global peers, foreign fund inflows
The 30-share BSE Sensex jumped 428.83 points to 81,951.99 in early trade. The NSE Nifty climbed 154…
PTI
2 mins read
October auto sales – Maruti Suzuki and Tata Motors report a decline, Mahindra continues to grow
The month of October 2024 has not been the best for automakers despite the festive season in India.…
2 mins read
Hyundai Motor India to list tomorrow, GMP enters green territory
Remember that GMPs are only indicative and not concrete indicators of the stock's performance on th…
3 mins read
Upcoming IPO aimed to Indianize operations, says Hyundai Motors
Hyundai has set a price band of Rs 1,865-1,960 per share for the IPO, taking the company's valuatio…
2 mins read
Stock market opening: Sensex, Nifty see muted start, Asian Paints, Grasim take lead
Grasim Paints, JSW Steel, Cipla gained over 1% each, while Asian Paints and Tata Motors gained lead…
3 mins read
Stock market closing: Sensex, Nifty close the day in red, IT, metal, realty and oil and gas indices dip 1% each
Out of the 2,783 stocks traded during the day, 1,186 saw advances, while 1,528 declined and another…