What is lock-in period in an IPO? The lock-in period is the time until the end of which investors (including promoters, employees, early investors) of a company that released its IPO, must hold their shares, regardless of the price in the market. This restriction is placed in order to prevent the major investors from offloading …
India’s gems and jewellery exports have faced a significant decline in the financial year 2024–25. According to data released by the Gem & Jewellery Export Promotion Council (GJEPC), the total exports dropped by 11.72%, amounting to USD 28.5 billion (₹2.41 lakh crore), compared to USD 32.2 billion (₹2.67 lakh crore) in FY24. Global Demand Weakens …
India’s cement industry, with a FY23 market size of 3.96 billion tonnes, is expected to grow at a 4.7% CAGR to reach 5.99 billion tonnes by 2032. The sector benefits from abundant limestone reserves and is geographically concentrated in South India. FY23 production was 374.55 million tonnes, with 553 MTPA installed capacity as of April …
IDBI Bank shares traded in the green on May 7, 2025, with the stock rising 0.87% to touch an intraday high of ₹78.50 at 11:30 AM on the NSE. The scrip opened at ₹76.00, marginally lower than its previous close of ₹77.79, but gained momentum during the session to reach near its day’s high of …
Gold prices declined on Wednesday ahead of the Federal Reserve’s policy meeting. As of 00:49 NY Time, spot gold was down 0.90% at $3,384.67 per ounce. As of 10:20 AM (IST) in Chennai, 24-carat gold is priced at ₹9,733 per gram, while 22-carat gold costs ₹8,922 per gram. In Hyderabad, the price of 22-carat gold is ₹89,109 per …
Kalyan Jewellers has been gaining attention on Wednesday. On April 30, 2025, Kalyan Jewellers share price opened at ₹519.85, slightly up from its previous close of ₹518.20. At 10:59 AM, the share price of Kalyan Jewellers was trading at ₹518.50, up by 0.06% on the NSE. Today is Akshaya Tritiya and recently, in a first-of-its-kind collaboration, Instamart, …
Starting May 1, 2025, the Reserve Bank of India (RBI) will implement new rules for ATM transactions. You will be charged at a higher rate per transaction when you make an ATM withdrawal beyond limit. How Many Free ATM Transactions are Allowed? Customers will now be entitled to 3 free ATM transactions per month in metropolitan …
Indian stock markets could see a positive opening today, following overnight cues and GIFT Nifty’s gains. As of 8:25 AM, GIFT Nifty was trading 170 points higher (+0.71%) at 24,258, suggesting a rebound after Friday’s losses. On April 25, the Nifty 50 had ended at 24,039.35, down 207.35 points or 0.86%, while the Sensex closed …
IndusInd Bank has seen notable changes in its shareholding pattern for the January to March 2025 quarter. The updates, released on the stock exchanges, highlight a shift in ownership across different categories, reflecting broader market sentiment and investor movements. Promoter Shareholding Declines Slightly IndusInd Bank’s promoter stake saw a marginal decline during the quarter, with …
Hero MotoCorp has successfully retained its position as the market leader in the Indian two-wheeler industry for the financial year 2024-25. According to the latest data released by the Federation of Automobile Dealers Associations (FADA), the company sold a total of 54.45 lakh units, translating to a market share of 28.84%. Robust Growth in Two-Wheeler …
