Digital-led beauty and personal care company Mamaearth has filed its draft red herring prospectus (DRHP) with the market regulator Sebi yesterday (December 29) to raise Rs 400 crore through an initial public offering. Notably, Mamaearth was the first unicorn of 2022. The company intends to raise Rs 400 crore via a fresh issue of shares, apart from an offer for the sale of around 4.7 crore shares.
Open FlipExxaro Tiles announced the resuming operation of Unit 1 of the Padra plant in Gujarat after the necessary equipment up-gradation and maintenance. Owing to this, the stock spiked in Friday's trading session. At 1 pm, the stock was trading 3% higher at Rs 121.95. The stock rallied 10% to end at Rs 119.9 on Thursday.
Open FlipAdani Enterprises on Friday via its indirect arm RRPR Holdings purchased additional 1.76 crore shares of NDTV for a consideration of nearly ₹602 crores ( ₹342.65 apiece) from the Roys, amounting to 27.26% in the company. The share transfer was done via an inter-se transfer under the Securities and Exchange Board of India Regulations, 2011.
Open FlipToday is the last trading day of the year 2022 and during this time there is a rise in the prices of gold and silver. The price of 10 grams of gold in the jewellery market came down to Rs 54,935. Today it gained Rs 314. At the same time, the price of one kg of silver increased by Rs 680 to Rs 68,520. Looking at this boom, it is expected that gold can cross the figure of 55000 today.
Open FlipDomestic brokerage and research firm ICICI Securities is bullish on the shares of Indian Hotels Co. Ltd and Lemon Tree Hotels despite the havoc the hotel industry had to go through during the three Covid waves over FY21-22. The brokerage has reiterated its ADD rating on hotel stocks Indian Hotels Co. Ltd. (IHCL) and Buy rating on Lemon Tree Hotels (LTH).
Open FlipAuto ancillary manufacturer, Craftsman Automation, announced that it has entered a definitive agreement to acquire 76 per cent of DR Axion India. Via the acquisition, DR Axion will become a newly purchased arm of the company. Owing to this, the shares of Craftsman Automation surged 370 points or a little over 11 per cent.
Open FlipPower company Skipper Limited has bagged new orders worth Rs 2,570 crore in Rajasthan and Odisha from Bharat Sanchar Nigam Ltd for the supply and erection of ground-based telecom towers, infrastructure as a service provider (IaaSP) for supply, installation of infrastructure items and subsequent O&M (operations and maintenance).
Open FlipThe shares of PNGS Gargi Fashion Jewelery got listed in the market on 20 December 2022 and since then the shares of the company are on the upper circuit. The company's shares are trading at Rs 88.20, up 5% on Friday. The company's IPO opened for subscription on 8 December 2022 and remained open till 13 December. The company's shares were priced at Rs 30 in the IPO.
Open FlipIn the Indian MCX today, the ups and downs in the prices of both the precious metals are going on. Currently, 24 carat gold is trading at Rs 55,032 per 10 grams. Whereas yesterday gold closed at Rs 54,975 on MCX with a gain of 214. Apart from this, silver is trending at Rs.69,805. Yesterday silver closed at Rs 54,975 on MCX with a gain of 767.
Open FlipEthereum currently trades at $1,190. In the last 24 hours, the coin has moved 0.39% to the downside and decreased by 2.44% in the last 7 days. The second-largest cryptocurrency by market cap is in red, like the rest of the market. The 24-hour trading volume stands at 4.1 Billion, which is a 8.62% decrease in the last 24 hours.
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Open FlipAn account belonging to the late founder of Nexon had 8.5 billion won (just over $6.7 million) stolen from it. This sum was stolen by a hacker during the course of 10 days using 27 transactions. Several suspects were detained. The mastermind has not yet been caught and the sum has not yet been returned.
Open FlipIn Friday's intraday trade on the BSE, shares of Craftsman Automation, a manufacturer of auto parts and equipment, increased by more than 10% to a 52-week high of Rs 3,592. This came about after the business signed a definitive agreement to pay Rs 375 crore for a 76% share in DR Axion India Private Limited (DRAIPL).
Open FlipAs more investors turn to safe-haven assets, gold prices on the Indian market are expected to reach Rs 60,000 per 10 grams. Market analysts claim that gold prices have been steadily increasing since they dropped to a low of USD 1,616 per ounce in November from a high of USD 2,070 per ounce in March.
Open FlipThe FBI is looking into 3Commas because it believes platform workers may be responsible for the data breach that exposed information on 100,000 API keys on exchanges. Following weeks of complaints from users using the trading bot platform, the unit opened the inquiry. The project's CEO consistently disregarded warnings regarding client data leaks, which infuriated the community.
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