Mamaearth files draft papers with Sebi to raise Rs 400 crore via IPO
Fri, Dec 30, 2022 3:00 PM

Mamaearth files draft papers with Sebi to raise Rs 400 crore via IPO

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.

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Exxaro Tiles spikes after restarting Padra plant
Fri, Dec 30, 2022 2:52 PM

Exxaro Tiles spikes after restarting Padra plant

Exxaro 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.

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Adani Group buys NDTV promoters’ additional 27.26% stake for ₹602 cr
Fri, Dec 30, 2022 2:43 PM

Adani Group buys NDTV promoters’ additional 27.26% stake for ₹602 cr

Adani 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.

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Will gold cross 55000 by evening?
Fri, Dec 30, 2022 2:33 PM

Will gold cross 55000 by evening?

Today 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.

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ICICI Securities bullish on these hotel stocks despite spike in Covid cases
Fri, Dec 30, 2022 2:29 PM

ICICI Securities bullish on these hotel stocks despite spike in Covid cases

Domestic 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).

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Craftsman Automation zooms on acquiring DR Axion India
Fri, Dec 30, 2022 2:11 PM

Craftsman Automation zooms on acquiring DR Axion India

Auto 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.

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Skipper secures orders worth Rs 2,570 crore from BSNL in Rajasthan, Odisha
Fri, Dec 30, 2022 2:03 PM

Skipper secures orders worth Rs 2,570 crore from BSNL in Rajasthan, Odisha

Power 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).

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This share of Rs 30 reached close to 90
Fri, Dec 30, 2022 1:58 PM

This share of Rs 30 reached close to 90

The 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.

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Gold and silver prices continue to fluctuate before the end of the year
Fri, Dec 30, 2022 1:52 PM

Gold and silver prices continue to fluctuate before the end of the year

In 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.

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ETH is currently trading at $1,190, down by 0.39% in the last 24hrs
Fri, Dec 30, 2022 1:46 PM

ETH is currently trading at $1,190, down by 0.39% in the last 24hrs

Ethereum 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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Fri, Dec 30, 2022 1:45 PM

Get daily stock tips directly on whatsapp

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Crypto worth about $6.7M was stolen from the late Nexon founder's account
Fri, Dec 30, 2022 1:30 PM

Crypto worth about $6.7M was stolen from the late Nexon founder's account

An 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.

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On Friday, Craftsman Automation jumps 10%, hits 52-week high
Fri, Dec 30, 2022 1:23 PM

On Friday, Craftsman Automation jumps 10%, hits 52-week high

In 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).

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Gold may touch Rs 60,000 level in 2023
Fri, Dec 30, 2022 1:00 PM

Gold may touch Rs 60,000 level in 2023

As 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.

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3Commas is being investigated by FBI for data breach
Fri, Dec 30, 2022 12:54 PM

3Commas is being investigated by FBI for data breach

The 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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