Fri, Sep 20, 2024 1:04 PM
JM Financial sets record target price for Axis Bank, projects 17% upside
A Flip by Shubhangi Gupta
String Metaverse has announced its successful merger with Bio Green Papers Limited, following approval from the National Company Law Tribunal (NCLT). Backed by Spacenet Enterprises, String Metaverse is set to become the first Web 3.0 company to be listed on the main board of the Bombay Stock Exchange (BSE) on October 5, 2024, with an initial share price of Rs 10.
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On Friday, the shares of Vertoz Advertising Ltd rallied and hit the upper circuit of Rs 31.46 per share on the NSE. The stock has generated an impressive multibagger return of over 130 per cent in just 1 year. Rahul Gandhi, Leader of Opposition in Lok Sabha and a Congress leader, holds this stock. As of March 31, 2024, he owned approximately 260 shares before the split and bonus issuance.
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India's expanding base of uber-rich consumers. As India's annual festival season looms, a bevy of new luxury and bridge-to-luxury brands are on the prowl for the country's affluent consumers. China's deepening slowdown is forcing the world's costliest brands to look towards its southern neighbour, home to 849,000 US dollar millionaires, according to the UBS Global Wealth Report 2023.
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