The Press Editor

Mumbai: Caliber Mining and Logistics Ltd received a massive 146.64 times subscription during the three-day subscription window. According to data available on the National Stock Exchange (NSE), the IPO got bids for 114.90 crore (1,14,90,37,400) shares against 78.35 lakh (78,35,821) shares on offer. The non-institutional investor category fetched a whopping 267.36 times subscription, and the portion for Qualified Institutional Buyers (QIBs) was subscribed 240.71 times. Retail investors' quota received 41.15 times subscription. Investors are now waiting for the allotment, which is expected to be finalised today, i.e., July 22, 2026.  Here's a step-by-step guide to check the status. Caliber Mining…

Mumbai: Benchmark indices Sensex and Nifty witnessed sustained selling pressure throughout the session and closed lower amid rising crude prices, which have again become a pain point for Indian equities. The 30-share BSE Sensex closed 715.06 points or 0.92 lower at 76,755.05. During the day, the benchmark hit a high of 77,384.95 and a low of 76,641.19, gyrating 743.76 points. The 50-share NSE Nifty was down by 191.45 points or 0.79 per cent and ended the session at 23,996.25. The broader market ended the session in the red. While the BSE MidCap Select Index fell 245.57 points or 1.33 per…

Mumbai: Shares of Servotech Renewable Power System are trading in the green today even as benchmark indices Sensex and Nifty declined in early deals on Wednesday as higher crude oil prices and selling in bank stocks hit investors' sentiment. The 30-share BSE Sensex declined 403.54 points to 77,066.06 in early trade, and the 50-share NSE Nifty edged lower by 114.75 points to 24,070.05. The action in the stock comes as the company has announced its financial results for the April-June quarter of financial year 2026-27. The company has reported a 74.5 per cent year-on-year rise in its consolidated net profit…