Indian online food and grocery delivery giant Swiggy is preparing for its initial public offering (IPO) scheduled to launch in November 2024. The move has generated considerable interest among retail investors, financial analysts and large institutional investors. With a fixed price band, notable grey market premium (GMP) activity and specific investment targets, the Swiggy IPO…
On October 29, 2024, Alcid Investments—previously a low-profile small-cap stock—achieved an unprecedented feat in India’s stock market. Within a single trading day, the company’s stock price shot up from a mere ₹3.53 per share to ₹2,36,250, hitting a 5% upper circuit. This dramatic surge has now catapulted Alcid Investments to the top of India’s most…
Mahindra & Mahindra (M&M) Shares Price Surge after record-breaking SUV sales in October 2024 surged over 3 per cent on both the BSE and NSE indices, making M&M the biggest gainer during the Muhurat trading session on Diwali. The surge comes after the company’s remarkable performance in October, where M&M recorded its highest ever domestic…
As Diwali approaches, investors in India are looking forward to new stock recommendations that are in sync with prosperity and growth. These stock selections, known as “Diwali Picks”, often include leading companies from various sectors, each strategically chosen for its potential to deliver positive returns in the coming financial year or Samvat 2081. This year,…
As Diwali 2024 approaches, the Indian stock market is gearing up for its traditional Muhurat trading session – an annual, one-hour trading period held during the festival. According to recent announcements from India’s stock exchanges, this year’s Muhurat trading session is scheduled for November 1, with trading allowed from 6:00 PM to 7:00 PM. Additionally,…
