Goldman Sachs buys CMR Green Technologies shares on listing day after strong debutGoldman Sachs India Equity Portfolio bought shares worth Rs 49.82 crore in CMR Green Technologies on its listing day, which saw a 43% premi...
CMR Green Tech shares fall 8% after solid 43% stock market debut. Buy, sell or hold?CMR Green Technologies shares fell sharply from their post-listing highs after debuting at a 43% premium to the IPO price. While analysts r...
China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
CMR Green shares make strong D-Street debut, list at 43% premium over IPO priceCMR Green Technologies made a strong debut on the stock market, with shares listing at a 43% premium on the BSE and 40% on the NSE. The com...
Get Al-enabled, add value to metal musicIn a twist of fate, Coca-Cola's plans for a bottler IPO arrive amidst a shortage of Diet Coke cans. The ongoing conflicts in the Middle Eas...
With robust GMP, how a little-known aluminium recycling IPO is set for one of strongest listings this yearCMR Green Technologies' IPO is poised for a strong debut, boasting a 36% grey market premium. The aluminium recycling giant saw overwhelmin...
CMR Green Technologies IPO allotment today: Check status online as GMP signals 34% listing premiumCMR Green IPO Allotment Status: CMR Green Technologies IPO investors are set to receive allotment updates on June 8 after the Rs 631 crore ...
Hindalco expects aluminium to shine bright downstreamUpstream operations typically involve extraction of raw materials to produce basic metal, the pricing for which is largely dependent on glo...
CMR Green Technologies IPO Day 3: Issue booked over 127 times on strong QIB demand; 40% GMP signals strong listing premiumCMR Green Technologies' IPO saw a strong subscription of 127 times, with QIBs leading the demand. The issue, an offer-for-sale, garnered a ...
Hindalco eyes Rs 1,000 crore revenue by FY29 with Eternia experience centreHindalco Industries is targeting Rs 1,000 crore revenue by fiscal year 2029. This ambitious goal is driven by its Eternia brand, a fast-gro...
Not a minor issue! Andhra CM N Chandrababu Naidu raises Major Laterite Matter with CentreAndhra Pradesh Chief Minister N Chandrababu Naidu has raised concerns over a recent Union government policy change. This change reclassifie...
Rising crude and aluminium prices: Bharat Subramanian on what it means for India's energy and metals sectorsGeopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil market...
Can CMR Green's IPO deliver long-term gains for high-risk investors?CMR Green Technologies, a non-ferrous metal recycler, plans to raise ₹630 crore via an offer for sale. The company, heavily reliant on recy...
US tariffs on agricultural machines to be cut, 50% metal levies stayThe US has reduced tariffs on farm equipment to 15% and introduced a new 10% tariff for products using at least 85% US-origin metals. These...
US may have shaved its metal tariffs but the steel wall facing Indian exporters remains standingTariff modifications in the United States bring a touch of relief for Indian exporters, particularly with reduced duties on select metal-in...
Aluminium hits four-year high on renewed Middle East supply risksBenchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50...
Premium for near-term LME aluminium at 19-year high as Iran war tightens supplyThe war has curtailed most shipping through the Strait of Hormuz, a key route for Gulf producers to export aluminium and import raw materia...