Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India's diamond export pain is hiding a brighter story at home
India's diamond exports have declined over recent financial years. Retail giants are increasing investments in both natural and lab-grown diamonds. This domestic focus targets a growing demand from younger Indian consumers. Retailers are expanding offerings to cater to evolving preferences for lightweight jewelry. Natural diamonds continue to hold a significant position in premium portfolios.
Bosch Home Comfort OFS opens for retail investors today - All you need to know
The promoters of Bosch Home Comfort, together, held 82.22% stake in the company, where Johnson Controls Hitachi AC India Holdco Ltd. held 74.22% stake. Meanwhile, among public shareholders, mutual funds held 0.9%, while FPIs had a 0.67% stake in the company.
Bosch Home Comfort shares surge 4% after OFS opens for non-retail investors today
A minimum of 10% of the shares on offer are reserved for retail investors, classified as those who have an authorized share capital of up to ₹2 lakh. Bosch Home Comfort plans to sell 19.63 lakh shares through this OFS.