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Underperforming IPO, down 35% from issue price, falls further after lock-in ends
Pace Digitek had launched its ₹820 crore IPO in September last year, which had just about managed to see full subscription. The retail portion too was subscribed only 1.03 times the total number of shares on offer during the three-day subscription period.
SpaceX lays out IPO details, targets early June roadshow: Report
SpaceX lays out IPO details, allocating a large portion of shares for retail investors. The company aims to raise $75 billion, valuing it at $1.75 trillion. Details here.
CreditAccess Grameen shares rocket 10% after strong Q4 business update, disbursements jump 28% YoY
CreditAccess Grameen shares surged after reporting strong FY26 disbursement growth and robust Q4 performance. The company posted steady portfolio expansion, improved asset quality, and sharp profit growth in Q3. Rising retail contribution and borrower additions signal sustained momentum, despite past stress in the microfinance sector.
Survey: Nearly two-thirds of retail investors use AI to inform market decisions By Investing.com - Investing.com India
Survey: Nearly two-thirds of retail investors use AI to inform market decisions By Investing.comInvesting.com India
FMCG growth steady for now, price hikes may help but demand and costs remain a worry: Abneesh Roy
Abneesh Roy, Executive Director, Nuvama Institutional Equities, said retail companies may outperform in the near term due to store expansion, while select FMCG firms with favourable input costs are better placed.
Bonus Share Alert: Nearly 70,000 retail shareholders to be rewarded for the second time in two years
Besides the bonus issue of shares, Anand Rathi Wealth has also paid dividends worth ₹57 per share to its shareholders since January 2022 and has also carried out a buyback of equity shares in June 2024.
V-Mart Retail shares rocket over 30% in three days! What’s fuelling the rally?
V-Mart Retail shares surged over 14% following a robust quarterly update. The company reported a significant 24% revenue jump to Rs 971 crore and impressive same-store sales growth. Expansion remains a key focus, with 29 new stores opened in the quarter, contributing to a record annual store addition.
India auto dealers say Iran war to hit supplies
India auto dealers warn West Asia conflict is raising fuel and metal costs and causing supply delays, but retail auto sales hit record highs with strong March growth across segments
Nykaa shares rally nearly 4% on strong Q4 business update
Nykaa's shares climbed following a robust Q4 FY2026 revenue update. The company anticipates its fastest growth in 12 quarters, driven by a strong fashion segment recovery and steady beauty sales. Full-year net sales are projected to accelerate, with aggressive retail expansion and a growing brand portfolio fueling optimism.
Standalone refiners Chennai Petro, MRPL under pressure as OMCs sell fuel below cost
In a bid to shield consumers from a sharp rise in fuel costs, OMCs have kept retail prices unchanged even as global crude prices moved past $100 per barrel.
India's auto dealers say Iran war to hit supplies
Federation of Automobile Dealers Associations said Indian auto dealers may face supply disruptions due to the West Asia conflict, even as retail vehicle sales rose 25.28% in March, ending the financial year on a strong note.
Trent shares jump over 4% after Q4 business update, revenue rises 20% to Rs 4,937 crore
Trent share price surged 4% following a strong Q4 business update, driven by a 20% year-on-year revenue growth to Rs 4,937 crore and robust store expansion. The company added 22 Westside and 109 Zudio stores, bringing its total retail footprint to 1,286. Despite recent stock weakness, Trent has delivered significant long-term returns.