Plaza Wires’ shares listed at 55.55% premium over the IPO price on bourses on Thursday. The share debuted at Rs 84 on the BSE, as compared to the issue price of Rs 54. The investors have made a profit of Rs 30 per share as the scrip gave more than 55% returns to investors on the listing.
“This is in line with expectations, given the strong oversubscription of the IPO and the company’s strong fundamentals. Plaza Wires is a well-managed company with a strong track record of growth. It is a leading manufacturer of wires and cables, with a wide product range and a strong customer base. The company has a strong financial performance, with consistent revenue and profit growth in recent years. Though the IPO size was small, it received an amazing response from investo…
The average mandi prices of cumin seeds (jeera) has declined by 50% to Rs 300/kg from Rs 600/kg in October, at Unjha (Gujarat), the hub of the trade. The fall was due to anticipation of a bumper harvest, traders said. Although arrivals of jeera in the mandis have commenced, the peak of arrivals of the commodity is expected by end of February, after which the prices are likely to soften further.
Trade sources said that because of higher realisation last year, jeera has been sown in around 1.2 million hectare, mostly in Rajasthan and Gujarat this season (2023-24), while in the previous season, only 0.9 million hectares (mha) was under the spices variety cultivation.
“The prices are expected to decline further as a bumper harvest is projected because of higher are…
European stock indexes were mostly in the red in early trading on Monday, falling from last week’s record highs as traders grappled with uncertainty over the economic outlook and waited for U.S. inflation data later in the week.
U.S. stocks edged down from recent highs on Friday, in a move analysts attributed to profit-taking, after U.S. payrolls data presented a mixed picture but maintained expectations for a Federal Reserve rate cut in June.
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Traders are now focused on U.S. inflation data due on Tuesday, which could change expectations for when major central banks will begin cutting rates.
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Shares of Adani Green Energy Ltd (AGEL) on Tuesday jumped over 4 per cent as Gautam Adani and his family will inject Rs 9,350 crore into the conglomerate’s green energy arm to equip it to achieve the 45 GW target by 2030 and to meet debt payment obligations.The stock rallied 4.30 per cent to Rs 1,599.90 on the BSE.
During the day, it zoomed 6.26 per cent to Rs 1,630.At the NSE, it jumped 4.37 per cent to Rs 1,600.20.The company’s market valuation climbed Rs 10,446.7 crore to Rs 2,53,429.36 crore. In terms of volume, 4.22 lakh shares of the company were traded at the BSE and over 28.10 lakh shares at the NSE during the day.
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The board of Adani Green Energy Ltd on Tuesday…
RVNL shares rose to an intraday high of Rs 2.3% a day after the company signed a Memorandum of Understanding with Dhaya Maju Infrastructure (Asia), providing RVNL the opportunity to work in the ASEAN region.
“The primary objective of this MoU is to outline the terms and conditions under which RVNL and DMIA may collaborate to work jointly to participate in the railway infrastructure and services projects in the ASEAN market and other markets as agreed, with special focus on establishing a manufacturing base in Malaysia for railway coaches and other railway products for catering to the growing need of ASEAN countries,” said the company in an exchange filing.
However, the stock of the railway company has shed 1.3% in the last four trading sessions. I…
Disney+ is set to produce a new Zorro series, starring Wilmer Valderrama as the masked vigilante, and Bryan Cogman–writer and co-executive producer of Game of Thrones–has signed on as writer, showrunner, and executive producer. Deadline was the first to report.
The show was initially announced in December 2021, and the official logline teases a tale of tragedy, corruption, and justice that leads privileged caballero Diego de la Vega (Valderrama) to become the masked vigilante Zorro, “America’s first true superhero.”
Cogman will work alongside fellow executive producers Gary Marsh, Valderrama, and John Gertz, with Disney Branded Television producing the series. Best known for his work on HBO’s Game of Thrones, where he penned 11 episodes and s…
The first episode of HBO’s The Last of Us has premiered, inviting fans of the video game franchise, as well as those who haven’t played, into the world of Ellie, Joel, clickers, and the end of society as we know it. Anyone who’s spent time playing the Naughty Dog game series knows that The Last of Us isn’t your run of the mill zombie apocalypse story. It’s one of soul-crushing heartbreak and how you move forward from it.
Warning: From here on out, we will be discussing spoilers for the premiere episode of The Last of UsCome from Sports betting site VPbet. If you’ve yet to watch the show, head over to HBO Max now and see for yourself what happens.
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Monarch Casino Spa – Black Hawk in Colorado became the scene of the largest casino heist in the state on March 12 after a cage cashier drove off with $500,000.
Cashier Believed She Was Following Orders
An inside job or a casino personnel becoming a victim of a well-executed con job – that is for investigators to find out but what happened at Monarch Casino on that morning is unprecedented and hard to explain.
Investigating the missing money, a Division of Gaming inspector wrote in an affidavit that casino cashier Sabrina Eddy appeared in the video footage at 12:45 in the morning, grabbing bricks of $50,000 each from the casino vault, carefully placing the stacks of money in a box and then t…
An award-winning iGaming software development studio, Design Works Gaming (DWG), announced a new regulated market entry. The innovative game provider has opened the doors of the Pennsylvania gaming rooms through the partnership with a leading online gaming operator Rush Street Interactive (RSI) and the operator’s vertical BetRivers.
New Regulated Market Entry:
Under the terms of the partnership, DWG will make its stunning content available to Pennsylvania players on http://BetRivers.com to help Rush Street Interactive expand its player community. At the same time, the deal represents another stage of the developer’s expansion across the US jurisdictions following the recent entries into the states of Michigan and New Jersey.
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Finnish Minister of European Affairs and Ownership Steering, Tytti Tuppurainen, revealed in an interview that Finland will launch an investigation to end the state’s gambling monopoly. Tuppurainen said that she hopes that the investigation will commence at the beginning of 2023.
Possible transition:
The minister also said t…