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HD Fire Protect IPO allotment status to be finalised today, check latest GMP and other details
16
Oct
By The Press Editor
Business

HD Fire Protect IPO allotment status to be finalised today, check latest GMP and other details

The initial public offering (IPO) of fire protection equipment manufacturer HD Fire Protect Ltd received a strong investor response and was subscribed 131.70 times on the final day of bidding on Thursday. According to data available on the NSE, the company's Rs 712-crore IPO received bids for 2,42,60,01,270 shares against 1,84,20,492 shares on offer. The Qualified Institutional Buyers (QIB) quota garnered 256.65 times subscription. The non-institutional investor category received 203.21 times subscription, and the retail investor portion was subscribed 30.49 times. Investors can expect the share allotment to be finalised today, i.e. on October 16, 2026. You can check the…
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Raymond shares in focus as company plans to expand manufacturing capacity in Andhra Pradesh
12
Oct
By The Press Editor
Business

Raymond shares in focus as company plans to expand manufacturing capacity in Andhra Pradesh

Shares of Raymond Limited are likely to be on investors' radar after the company, in its latest exchange filing today, said it is rapidly working on plans to expand manufacturing capacity in Andhra Pradesh through its subsidiaries. In the filing, the company said it is setting up an additional brownfield factory adjacent to its existing mega manufacturing plant to meet business growth and rising customer demand. The new facility is currently intended to expand production capacity to meet additional customer demand and increased orders during the current fiscal year. In the filing, the company stated that it made this decision…
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Shares of civil construction company ends session in green even as stock markets tumble on oil price spike
12
Oct
By The Press Editor
Business

Shares of civil construction company ends session in green even as stock markets tumble on oil price spike

Shares of Infra-to-energy player Hazoor Multi Projects Ltd (HMPL) ended the trading session in the green even as the benchmark Sensex fell by nearly 548 points, as a fresh spike in crude oil prices, unabated foreign fund outflows, and rising bond yields dented investor sentiment. Erasing opening gains, the 30-share BSE Sensex tanked 547.65 points, or 0.76 per cent, to settle at 71,924.68. During the day, it slumped 796.23 points, or 1 per cent, to 71,676.10. The 50-share NSE Nifty dropped 157.10 points, or 0.70 per cent, to end at 22,363.35.ย The company's stock today closed at Rs 17, up 4.49…
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Indiaโ€™s retail inflation rises to 5.54% in September on costlier food items
12
Oct
By The Press Editor
Business

India’s retail inflation rises to 5.54% in September on costlier food items

India's retail inflation, based on the Consumer Price Index (CPI), rose to 5.54 per cent in September, mainly due to higher food prices. According to government data released by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), corresponding inflation rates for rural and urban areas are 6.08 per cent and 4.88 per cent, respectively.ย  The Consumer Price Index-based inflation was at 4.83 per cent in August. September inflation is the highest in the new index series released in January.ย Inflation in the food basket rose to 7.74 per cent from 5.97 per cent the previous month. Last…
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Nobel Memorial Prize in economics awarded to Robert E Hall and Michael Woodford
12
Oct
By The Press Editor
Business

Nobel Memorial Prize in economics awarded to Robert E Hall and Michael Woodford

The Nobel Memorial Prize in Economics for 2026 has been awarded to Robert Eย Hall and Michael Woodford for their work on the microeconomic foundations of macroeconomic stabilisation.ย The award was announced by the Royal Swedish Academy of Sciences in Stockholm, Sweden. The two economists were honoured for their work on how economic theory can help us understand and manage economic conditions such as inflation, recession, and economic fluctuations. The Economics Prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. The central bank established it in 1968 as a memorial to Nobel, the…
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Stock under Rs 100 in focus as company expands electrical portfolio with fresh acquisition, details
12
Oct
By The Press Editor
Business

Stock under Rs 100 in focus as company expands electrical portfolio with fresh acquisition, details

Shares of Lordโ€™s Mark Industries, a diversified business group, will be in focus as the company has informed exchanges that it has expanded its electrical portfolio. Amid this, the stock opened in the green at Rs 80.99, up Rs 0.81 or 1.01 per cent from the previous close of Rs 80.18 on the BSE. The counter gained further to touch the intraday high of Rs 83.40, a gain of Rs 3.22 or 4.01 per cent. However, the stock saw profit booking at higher levels and fell to Rs 78.61, down Rs 1.57 or 1.95 per cent. Last seen, the stock…
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Waterways Leisure Tourism shares jump 10% as company swings to profitability, posts net profit of Rs 58.49 crore
12
Oct
By The Press Editor
Business

Waterways Leisure Tourism shares jump 10% as company swings to profitability, posts net profit of Rs 58.49 crore

Shares of Cordelia Cruises operator Waterways Leisure Tourism Ltd jumped nearly 10 per cent on Monday, October 12, 2026, after the company reported a consolidated net profit of Rs 58.5 crore in the second quarter of fiscal year 2026-27 (Q2FY27). After this update, the stock opened with a gap up at Rs 107.05, up 6.15 per cent from the previous close of Rs 100.85 on the BSE. Amid a volume surge of more than 2.36 times, it gained further to hit an intraday high of Rs 110.90 and locked in the 10 per cent upper circuit. Last seen, the stock…
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12 October, 2026 Stock Market Updates: Sensex, Nifty open in green as rupee surges, Tata Steel among gainers
12
Oct
By The Press Editor
Business

12 October, 2026 Stock Market Updates: Sensex, Nifty open in green as rupee surges, Tata Steel among gainers

Indian equity benchmark indices, the Sensex and Nifty, started the session on a positive note as the Indian rupee opened strong against the US dollar on October 12. The rupee opened higher by 94ย paise at 95.77 per dollar, compared with Fridayโ€™s close of 96.73. The 30-share BSE Sensex gained 298.99 points, or 0.41 per cent, to start the session at 72,771.32, while the Nifty gained 72.75 points to open at 22,593.20. In the last trading session, the Sensex closed at 72,472.33 and the Nifty 50 at 22,603.05. Similarly, the broader indices traded in green in the opening session. While the…
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Suzlon share price jumps over 4% as company to invest Rs 550 crore in AI-powered wind blade factories
12
Oct
By The Press Editor
Business

Suzlon share price jumps over 4% as company to invest Rs 550 crore in AI-powered wind blade factories

Shares of wind turbine maker Suzlon jumped more than 4 per cent on Monday, October 12, 2026, after the company informed exchanges that the group is investing around Rs 550 crore to set up three AI-powered blade factories in Gujarat, Karnataka and Tamil Nadu.ย ย The stock opened in the green at 38.29 against the previous close of Rs 37.58 on the BSE amid a positive start in the benchmark indices. While the Sensex and Nifty fell, the stock maintained upward momentum and touched an intraday high of Rs 39.19, a gain of Rs 1.61 or 4.28 per cent from the previous…
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