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RENTOMOJO Q1 RESULTS
$14 billion worth of IPO shares set for lock-in expiry to hit Dalal Street by DecemberIn the upcoming three months, a significant event will unfold as lock-ins will expire for shares in 91 companies, releasing approximately $...
India telecom sector may see 12-15% tariff hike in next 4-5 months: ReportIndia's telecom operators are projected to see a 12-15% tariff hike in the next few months. Bharti Airtel, Reliance Jio, and Vodafone Idea ...
Q2 business update impact: PNB, Bank of Baroda, AU Small Finance Bank shares jump up to 4%. What lies ahead?Shares of Punjab National Bank, Bank of Baroda and AU Small Finance Bank rose up to 4% after strong Q2 business updates. Deposits and advan...
ESDS Software shares hit 5% lower circuit, crash nearly 30% in 6 sessions. What's behind the selloff?ESDS Software shares hit the 5% lower circuit on Monday, extending their losing streak to six sessions and taking the decline to nearly 30%...
AMFI reshuffle: NSE may get largecap status, SBI Fund Management may become midcap in H1 CY27Nuvama expects NSE to enter the largecap category and SBI Funds Management to become a midcap in AMFI’s H1 CY27 reshuffle. Bosch, Siemens E...
Bajaj Finance shares jump 5% after Q2 business update. Why Jefferies sees 35% upside in its top pick?Bajaj Finance shares rose sharply on Monday after the NBFC reported 26.5% YoY growth in Q2 FY27 AUM to nearly Rs 5.85 lakh crore. Jefferies...
Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
RIL Q2 Results: Nuvama sees 17% EBITDA growth, led by O2C biz. Here’s what to expectReliance Industries is expected to report 17% year-on-year growth in Q2FY27 EBITDA to Rs 53,700 crore, led by stronger refining margins and...
Q2 earnings: Can India Inc repeat Q1, or will Q3 erase the base-effect tailwind?India Inc is likely to see a dip in earnings performance for Q2 in comparison to Q1, with analysts forecasting a growth slowdown of roughly...
TCS, Wipro, other IT stocks rebound up to 6%, snapping 8-day losing streak. Why is Jefferies cautious?IT stocks rebounded on Wednesday, with TCS, Wipro and Coforge snapping an eight-session losing streak. The Nifty IT index rose nearly 3%, a...
Furniture rental company Furlenco gears up for Rs 1,200-crore IPOThe company is seeking a valuation of around Rs 7,000 crore, one of the persons said, adding that the final valuation will be decided close...
Six companies debut on bourses; four deliver premium listingsOn Thursday, six companies entered the stock market. LCC Projects and Karamtara Engineering opened with premiums over their respective issu...
Accel-backed Rentomojo lists on Dalal Street at 19% premiumOn Dalal Street, Rentomojo celebrated its debut with a robust nineteen percent premium on shares. The overwhelming demand for its initial p...
Up to 152X return! Rentomojo IPO delivers eye-popping gains to Nitish Mittersain, other early backersRentomojo’s stock market debut has turned into a major windfall for early investors, with Nazara Technologies founder Nitish Mittersain set...
Rentomojo shares jump 9% after listing at 19% premium over IPO price. Can the debut-day mojo last?Rentomojo shares surged 9% after a strong debut, taking gains to 30% above the IPO price. The stock listed at a 19% premium and rallied to ...
Rentomojo shares list at 19% premium over IPO priceThe Rs 1,255.57 crore IPO was priced at Rs 404 per share and included both a fresh issue and an offer for sale (OFS). The fresh issue compr...
Rentomojo IPO allotment likely today: GMP signals 39% listing gain. Here’s how to check statusRentomojo’s Rs 1,255.57-crore IPO allotment is expected to be finalised after the issue drew nearly 73 times subscription. A Rs 158 grey ma...