Tue, Oct 22, 2024 8:39 AM
Oil prices trim Middle East war risk-gains, China demand remains a worry
A Flip by Shubhangi Gupta
Shares of Mazagon Dock Shipbuilders Ltd. fell as much as 7% on Tuesday, October 22, ahead of the company's board meet to consider a stock split. This will be the first time in the company's trading history that it will mull such a corporate action. While the company has issued dividends in the past, it has never carried out a stock split or issued bonus shares.
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Gold December futures contracts at MCX opened on Tuesday at Rs 78,389 per 10 gram, which is up by 0.45% or Rs 329 while silver December futures contracts were trading at Rs 98,299/kg, up by nearly 0.9% or Rs 851.In the last one week, the prices of Gold have increased by over Rs 2,000/ 10 gram while those of silver have gained nearly Rs 6,700/kg in the same time period.
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Waaree Energies' IPO subscription began on October 21, 2024, with a price band of ₹1427-₹1503 per share, aiming to raise ₹4,321.44 crore. The issue received a decent response, with a grey market premium of 100%, and most brokerages have assigned a "subscribe" rating, citing strong financial growth and a robust order book.
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