investing SAR Televenture raises ₹450 cr in largest-ever public offer on SME platform The composite public issue of ₹450 cr was a combination of the highest-ever rights issue of ₹300 cr and the second-largest FPO of ₹150 cr in the SME space. By Chitranjan Kumar
investing RVNL shares slide despite securing new order; fall over 7% post Budget RVNL, which comes under the Ministry of Railways, has bagged an order worth ₹191.53 crore from South Eastern Railway. By Chitranjan Kumar
investing Axis Bank shares nosedive 7% post Q1; tumble 11% in five sessions Axis Bank’s Q1 earnings missed estimates, due to higher credit costs as well as higher slippages, which pushed GNPA higher. By Chitranjan Kumar
investing Akums Drugs to raise ₹1,857 cr at price band of ₹646-679 a share; IPO to open on July 30 The IPO of Akums Drugs and Pharmaceuticals is a combination of fresh equities worth ₹680 crore and OFS of 1.73 crore shares worth ₹1,177 crore. By Chitranjan Kumar
budget-2024 Capital gains tax sentimentally negative for market in near term: Motilal Oswal Attractiveness of Indian equities for long term investors would continue to remain strong given the healthy domestic fundamentals and strong economic growth expected over the next few years. By Chitranjan Kumar