Kay Cee Energy & infra IPO: Check GMP, subscription status on day 3, other key details
Kay Cee Energy & infra Limited IPO opened for subscription on December 28 and will close on January 2. The IPO price band is set at ₹51 to ₹54 with a lot size of 2,000 shares. Key Points
mintExplained: Why RPP infra Projects shares hit 5% upper circuit today
As of 12:20 pm, shares of RPP infra Projects were up 4.99 per cent to Rs 71.36 on the Bombay Stock Exchange (BSE). Key Points
India TodayPNC Infra, HG infra Construction, Ahluwalia Contracts top Road Infrastructure sector stocks by Axis Securities post Q3
Stock Market Today: PNC Infratech, HG Infra, Ahluwalia Contracts top infra road sector ideas of Axis Securities post Q3 results. PNC Infratech & H.G. infra contributed positively on Q3 Revenue, Ebitda and Net profit fronts while Ahluwalia Contracts outperformed on all counts as per Axis Securities. Key Points
mintUdayshivakumar infra IPO sails through on Day 2 despite weak market sentiments
According to market sources, the grey market premium (GMP) of Udayshivakumar Infra, which indicates the premium commanded by shares in the unlisted market, was unchanged at Rs 10. Analysts are mixed on whether investors should subscribe to the IPO given muted market sentiments. Key Points
Economic Times'A Marvel': Amitabh Bachchan explores Mumbai's coastal road tunnel for 1st time
The video received numerous retweets and comments from users. Some praised the government for constructing the infrastructure, while others encouraged Bachchan to also travel on the Atal Setu. Key Points
Business Today
Udayshivakumar Shares Debut At 14% Discount To IPO Price
Udayshivakumar infra Ltd. shares listed at Rs 35 on the Bombay Stock Exchange and were trading 5% lower at Rs 33.25 per share. Key Points
BQ PrimeKay Cee Energy shares list at 367% premium on NSE SME platform
The public offer of Kay Cee Energy and infra was subscribed 959 times at close. The company received bids for over 200 crore shares against a partly 29.5 lakh shares on offer. The retail and NII parts of the issue were booked 1,600 times and 1,300 times, respectively. Meanwhile, the QIB portion was subscribed 127 times. Key Points
Economic TimesBurj Khalifa developer makes entry in Kashmir infra space: All you need to know about Mall of Srinagar project
Spread in an area of 10 lakh sq foot, the mega mall will have around 500 shops. Apart from Mall of Srinagar, the Emaar Group will also construct an IT tower in Sempora. Key Points
FinancialexpressWe could see the biggest bull run for next five years; stay invested: Varun Saboo
“Power is a multi-year story. The power stocks have just started reacting. There can be a very sharp run from here also. Although we do not have any formal coverage, I am again highlighting that this space itself is becoming very attractive. So, the power story can be interesting. ” Key Points
Economic TimesGoa's Mopa Airport spurs realty activity
Not only from cities in India, Indians living in other countries are also very keen to invest in a holiday home. The airport has led to development in areas where large land is available and developers can plan multiple facilities, said Aditya Kushwaha, CEO and director, Axis Ecorp, which has Axis Blues, Axis Yog Villas and Axis Lake City projects in various stages of development. Key Points
Economic Times
3-4% upside in Nifty very much on the cards in March, says Pankaj Pandey
Pankaj Pandey suggests that Nifty may reach 25,000 with expected election outcomes. Bulls lack energy and market fabric weakened. Opportunities exist in largecaps, midcaps, smallcaps, cement, infra, PSUs, and coal sector. RBI stance change can lift BFSI sector. He also says one important parameter which we feel can change the complexion of the market is the change of stance by RBI. Key Points
Economic TimesOm infra reports Rs 22 crore net profit in Q2
India Business News: Om infra Ltd has reported a net profit of Rs 22 crore for the second quarter ended September 30. It had clocked Rs 6.12 crore net loss in the July-Sep Key Points
Times Of IndiaEverything's cyclical! Vijay Kedia’s lessons on how to bear the pain and hold on to good stocks for years
“Everything is cyclical or even FMCG is cyclical. Between 2003 and 2009, Hindustan Lever gave zero percent return and between 2002 and 2022, Wipro gave zero percent return. In some sectors there are shorter cycles, maybe one year or two years and in some sectors, the cycles are bigger, maybe for five years or ten years.” Key Points
Economic TimesAmazon's cloud unit to invest $12.7 billion in India by 2030, reports say
Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc, said on Thursday it plans to invest $12.7 billion in India by 2030 to build its cloud infrastructure, Reuters reported. Key Points
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