All eyes are on the much-anticipated debut of Hyundai Motor India’s Rs 27,870 crore IPO—the largest in India’s history. As a household name, Hyundai's mega offering initially dazzled investors, but its steep valuations, all-offer-for-sale structure, hefty royalty payouts, and overall tepid demand scenario left retail participants hesitant, with only 50 percent of their allocated shares subsc...

Shares of Indiamart Intermesh tumbled 19 percent to Rs 2,447 in the morning trade on October 21 despite reporting a robust second-quarter earnings report which sparked a cautious outlook from analysts.The online B2B marketplace reported a substantial 94.7 percent year-on-year increase in net profit, reaching Rs 135.1 crore for the quarter ending September 30, 2024. While the company added 2,390 pa...

Shares of B2B e-commerce firm Indiamart Intermesh plunged over 14% to Rs5,029 apiece on the BSE in Tuesday's deals after the company posted a 12.4 percent decline in consolidated net profit to Rs70 crore in the December 2021 quarter. The company had registered a net profit of Rs80.2 crore in the corresponding period of the last fiscal.The company's revenue grew 8.3% to Rs188 crore during the third...

NEW DELHI: Here are the top 10 stocks that could be in news today:Reliance Industries: The Mukesh Ambani company is reported to have held talks with Saudi Aramco on a cash and share deal for sale of a 20% stake in its oil refining and petrochemical arm. Ambani had in August 2019 announced talks for the sale of the stake in the oil-to-chemicals business.Oil and Natural Gas Corporation: The state-ow...

NEW DELHI: Here's a list of 10 stocks that may be in focus on Tuesday.IndiaMART InterMESH Ltd: The Delhi high court on Monday denied interim relief to e-commerce company Indiamart Intermesh Ltd, which had sought direction to scrap the new SMS regulations that have been rolled out to check spam messages and protect consumers from online frauds.Srei Group: Brickwork Ratings, which has also appealed ...