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Eicher Motors stock rises 6% post Q4 earnings

Eicher Motors share rose over 6 per cent today after the firm reported a 16 per cent rise in net profit for the fourth quarter ended March 31, 2022. Stock of Eicher Motors gained 6.2 percent to Rs 2587 on BSE. The share opened 2.75 per cent…

Why ACC, Ambuja Cements shares rose up to 8% today

Shares of ACC Ltd and Ambuja Cements gained up to 8 per cent today after the Adani Group won the race to acquire India business of Swiss firm Holcim for $10.5 billion (Rs 81,361 crore). Holcim holds 63.19 per cent stake in Ambuja Cements…

Adani Wilmar stock slips 5% as market recovers

Shares of Adani Wilmar fell over 5 per cent in early trade today amid positive market sentiment in the broader indices. Adani Wilmar stock opened 2.95 per cent lower at Rs 554.40 against the previous close of Rs 571.25.   Market cap of the…

Delhivery IPO: Offer subscribed 23% on Day 2

The initial share sale of supply chain company Delhivery was subscribed 23 per cent on the second day of the offer on Thursday. The IPO received bids for 1,45,01,730 shares against 6,25,41,023 shares on offer, according to NSE data. The…

Venus Pipes IPO Day 2: Offer subscribed 4.43 times

The initial public offer of Venus Pipes and Tubes was subscribed 4.43 times on the second day of subscription on Thursday. According to the NSE data, the company's Rs 165.41-crore Initial Public Offer (IPO) received bids for 1,57,21,696…