News Overview

According to data published on BSE, the subscription status for the Popular Vehicles and Services IPO at 5:25 pm was 123%.

SJVN shares closed 16.45% from the previous close on the National Stock Exchange (NSE), closing at ₹117.85. The PSU stock has produced multibagger gains of 243% during the past year.

The company's promoters include Prasad Minesh Lad, Neeta Prasad Lad, Saily Prasad Lad, Shubham Prasad Lad, and Krystal Family Holdings Private Limited.

The retail portion experiences significant demand on the last day, with QIB participation indicating potential full subscription.

The deal aims to implement a complex cloud transformation, boosting TCS' communications and media vertical amidst industry slowdown

SpiceJet recently received three airframes through settlement agreements with key aircraft lessors, strengthening its fleet capabilities

Except banking, all other sectoral indices ended in the green, with telecom, power, and oil & gas sectors adding 3% each, while auto, capital goods, FMCG, Information Technology, healthcare, and metal sectors rose by 1-2%.

The contract, approved by the Cabinet Committee on Security (CCS), was signed under the Buy (Indian-IDDM) category.

The total transaction value for the purchase amounted to ₹446.61 Crore.

Oil & Gas, Power, Telecom, and Media sectors saw increases of 2-3% in their respective indices. BSE Midcap and Smallcap indices also rose by 2-3%.