Tempsens Instruments made a blockbuster debut on the Indian stock market after its shares listed at ₹634, delivering a 111.33% premium over the ₹300 IPO price. The debut ended a 609-day wait for a mainboard IPO to more than double investors’ money on listing day.
टैग: Share Market
Paytm Share Price Jumps 9%: Bernstein Sets ₹2,200 Target, What’s Next?
NEW DELHI, India — Paytm shares jumped nearly 9% during Monday’s trading session after global brokerage Bernstein raised its target price for One97 Communications, the parent company of Paytm, to ₹2,200 from ₹1,500. The brokerage retained its ‘Outperform’ rating, citing the potential introduction of Merchant Discount Rate (MDR) on certain UPI transactions and stronger earnings prospects for the fintech company.
Stock Market Today: Sensex Falls 456 Points, Nifty Ends Below 24,600 Amid Global Uncertainty
Stock Market Today: Indian equity benchmarks ended Friday’s trading session on a negative note as investors remained cautious amid renewed geopolitical concerns, persistent foreign institutional investor (FII) selling, weak global market sentiment and selling pressure in financial stocks. The broader market remained under pressure throughout the session, with both the Sensex and Nifty 50 closing in the red.
RBL Bank Fixes August 14 as Record Date for Final FY26 Dividend; AGM Scheduled for September 2
RBL Bank has announced August 14, 2026, as the record date to determine shareholders eligible to receive its final dividend of ₹1 per equity share for the financial year ended March 31, 2026. The dividend, announced earlier with the bank’s fourth-quarter FY26 results, will be paid on or before October 1, 2026, subject to shareholders’ approval at the upcoming Annual General Meeting (AGM).
India to Sell Up to 6.5% Stake in LIC Through ₹31,400 Crore Offer for Sale
The Government of India has announced plans to divest up to a 6.5% stake in Life Insurance Corporation of India (LIC) through an Offer for Sale (OFS), a move that could raise as much as ₹31,400 crore (approximately $3.3 billion). The transaction is part of the government’s broader strategy to meet minimum public shareholding norms while continuing its disinvestment programme.
Juniper Green Energy IPO Allotment Expected Today: Here’s How to Check Status on KFin, NSE and BSE; Listing on August 6
Investors who applied for the Juniper Green Energy IPO are expected to know the outcome of their applications on Tuesday, August 4, as the company is likely to finalise the basis of allotment. Once the allotment process is completed, applicants will be able to check their status online through the official portal of KFin Technologies, the IPO registrar, as well as on the websites of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).