Market Commentary     28-Dec-23
Stock Alert
Azad Engineering, Delta Corp, Canara Bank in spotlight
Shares of Azad Engineering will list on the bourses today. The issue was subscribed 80.65 times. It was open for bidding between 20th and 22nd December 2023. The price band of the IPO was fixed at Rs 499-524 per share.

Delta Corp: The National Stock Exchange of India on Wednesday announced exclusion of futures and options contract on Delta Corp. The contracts for new expiry months in security will not be issued on expiry of existing contract months.

Canara Bank: The bank is in the process of listing its mutual fund subsidiary Canara Robeco Asset Management Company, on the stock exchanges by way of initial public offer (IPO).

Sula Vineyards: The company said its wine tourism achieves new records over Christmas weekend. On December 24th, over 5,000 visitors entered the gates of Sula, a first for a single day. From December 23rd to 25th, visitor numbers also set single-day and three-day records, totaling over 12,000 visitors at Sula’s Nashik and Bengaluru wine tourism facilities.

Zomato: The company received a show cause notice from the Directorate General of GST Intelligence, demanding an alleged tax liability of Rs 401,70,14,706/- for the period from 29 October 2019 to 31 March 2022 related to delivery charges. Zomato believes it is not liable for the tax as the charges are collected on behalf of delivery partners and will respond to the notice with support from legal and tax advisors. Despite no order being passed, the company has voluntarily disclosed the matter due to the potential impact of the alleged tax demand.

KPI Green Energy: The company's board will consider bonus share issue on 30 December 2023.

Previous News
  Delta Corp gains as Q4 PAT zooms 127% YoY to Rs 165 cr
 ( Hot Pursuit - 23-Apr-25   10:12 )
  Board of Delta Corp recommends final dividend
 ( Corporate News - 23-Apr-25   09:16 )
  Delta Corp consolidated net profit rises 127.26% in the March 2025 quarter
 ( Results - Announcements 23-Apr-25   07:28 )
  Delta Corp announces board meeting date
 ( Corporate News - 15-Apr-25   10:13 )
  KPI Green terminates 66.20 MW hybrid power project under CPP segment
 ( Hot Pursuit - 08-Apr-25   11:40 )
  KPI Green Energy subsidiary Sun Drops Energia secures LoA for 13.80 MW solar power projects
 ( Corporate News - 25-Mar-25   13:19 )
  KPI Green rises as arm gets LoA for 15-MW solar power projects
 ( Hot Pursuit - 20-Mar-25   11:16 )
  KPI Green Energy secures part financing for 50 MW hybrid power project in Bharuch, Gujarat
 ( Corporate News - 19-Mar-25   12:53 )
  Sensex, Nifty trade in positive terrain; media shares jump
 ( Market Commentary - Mid-Session 19-Mar-25   12:30 )
  KPI Green gains on securing Rs 272-cr for hybrid power project in Gujarat
 ( Hot Pursuit - 19-Mar-25   11:18 )
  Nifty slides below 22,450; IT shares tumble for 4rd day
 ( Market Commentary - Mid-Session 12-Mar-25   10:34 )
Other Stories
  Stock Alert: Reliance Industries, Kamat Hotels, Oracle Financial Services Software, Force Motors, Ultratech Cement
  28-Apr-25   08:45
  Stock Alert: Axis Bank, Tech Mahindra, Macrotech Developers, Reliance Industries,
  25-Apr-25   08:30
  Stock Alert: Bajaj Housing Finance, Tata Consumer Products, LTIMindtree, Axis Bank, Bajaj Finance
  24-Apr-25   08:30
  Stock Alert: HCL Tech, Waaree Energies, AU Small Finance Bank, Tata Comm, Tata Consumer Products
  23-Apr-25   08:20
  Stock Alert: HCL Tech, Mahindra Logistics, Anant Raj, Himadri Speciality Chemical, Tata Investment Corp
  22-Apr-25   08:29
  Stock Alert: Infosys, Jio Financial Services, Just Dial, Tata Elxsi, HDFC Bank, ICICI Bank
  21-Apr-25   08:22
  Stock Alert: Wipro, Angel One, Waaree Renewable Tech, Infosys, BHEL
  17-Apr-25   08:35
  Stock Alert: IREDA, Wipro, Swiggy, Lemon Tree Hotels, Dabur India, Angel One
  16-Apr-25   08:35
  Stock Alert: Ircon Intl, Sula Vineyards, Ashiana Housing, NCL Inds, Orient Cement, Aurobindo Pharma
  15-Apr-25   08:29
  Stock Alert: TCS, Coromandel Intl, JSW Energy, Biocon, Jindal Stainless Steel
  11-Apr-25   08:29
Back Top