Silver has delivered dazzling returns in 2025, soaring over 150% so far this year, completely eclipsing the returns of equities and most other asset classes. International silver prices have soared 158% year-to-date. In comparison, gold has surged nearly 72% in the same period. Domestic spot silver prices have jumped 156% this year, compared with an…
MUFG- Shriram Finance Deal: Shriram Finance share price has witnessed a relentless climb in recent times, soaring 97% from its 52-week low as investor enthusiasm around the landmark investment by Japan’s MUFG Bank surged. MUFG Bank would acquire a 20% stake in the company for 39,620 crore of the company through a preferential allotment of…
Penny stock under 10: Shares of Zee Media Corporation gained nearly 2% on Friday, December 26, as a Mumbai-based institutional investor, AUV Innovations LLP — which also belongs to the promoter group — acquired shares of the company via the open market. This likely ignited investor interest in the Zee group stock as DII or…
Sundrex Oil IPO allotment: The initial public offering (IPO) of Kolkata-based lubricants manufacturer, Sundrex Oil Company, concluded with modest subscription across segments. The NSE SME IPO, which opened on Monday, 22 December, and concluded on Wednesday, 24 December, saw an overall subscription of 1.5 times, with the retail portion subscribed to 2 times. Priced at…
Under this, 9,37,96,508 new equity shares will be issued to existing Encora investors at a price of Rs 1,815.91 per share in exchange for their stake in the target companies. The board has given special rights including preferential issue of these shares to non-promoter investors, board and committee nomination to incoming investors and also a…
Gold rates continued to shine for the fourth straight session on Friday, December 26, with both domestic and global prices hitting new record highs as the demand for safe-haven assets remains strong amid expectations of US Federal Reserve rate cuts and rising geopolitical tensions, driving a continued rally across precious metals. Gold futures for February…
Ajanta Pharma Ltd announced an in-licensing agreement with Biocon this week to market semaglutide across 26 emerging markets, including Africa, West Asia, and Central Asia. The patent for the weight loss drug expires in most of these markets by March, with commercialization expected post regulatory approvals in late 2026 or early 2027. While this will…
Indian markets ended the week marginally higher amid sustained profit-booking and thin year-end trading in a truncated week. The Nifty 50 and Sensex fell about 0.4% on Friday to close at 26,042 and 85,041.45, respectively. Despite this decline, the Nifty snapped a three-week losing streak to finish up 0.3% for the week, while the Sensex…
Dachepalli Publishers IPO allotment: Following the closure of Dachepalli Publishers’ initial public offering (IPO), investor focus has now shifted to its allotment status. Dachepalli Publishers IPO allotment date is today, December 26. The company’s maiden share sale had seen a lackluster response during the bidding period, which opened on December 22 and closed on December…
Gujarat Kidney IPO allotment today: After witnessing a decent demand from investors during the three-day bidding period, the focus has now shifted to Gujarat Kidney and Super Specialty IPO allotment. The allotment of Gujarat Kidney and Super Specialty IPO is most likely to be finalized today, Friday, December 26. After successful allotment, the Gujarat Kidney…
