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The share allotment in Rs 300-crore Antony Waste Handling Cell initial public offer (IPO) is likely to be finalised today. The last public issue of the calendar year 2020 was subscribed 15.04 times and received bids for 10.02 crore shares against the offer size of 66.66 lakh shares. The grey market premium in the municipal solid waste management company has fallen to Rs 115 from Rs 180 last week. Antony Waste Handling Cell shares were Read More

The holiday-shortened previous week saw the NASDAQ index gain 1% overall, after having suffered a steep fall during the initial hours of trade on Monday morning. The star constituents of the index — the FAANG stocks — witnessed a mixed bag of a week, with some gaining and others losing. So far this year, FAANG stocks have gained 50% on average, outperforming the benchmark NASDAQ index. Apple has been the best stock so far this Read More

Mrs Bectors Food Specialities shares are scheduled to make a stock market debut on Monday, December 28, 2020. The Rs 540-crore IPO was subscribed a whopping 197.38 times, becoming the most subscribed issue of 2020 so far. The company is the largest supplier of buns in India to QSR chains such as Burger King, McDonald’s, KFC, Carl’s Jr, Pizza Hut and Dominos Pizza. It sells its premium bakery products under ‘English Oven’. Mrs Bectors Food Read More

Bitcoin is again making headlines with the unreal upwards movement it recorded on the price charts recently, setting fresh all-time highs. The crypto currency has gained nearly 400% since March this year and over 200% since the beginning of this pandemic struck year. Investor’s interest in bitcoin has been gaining steam in 2020 and it’s not just small investors, institutions too have joined in cheering it. Seeing these developments, Chris Wood, global head (equity strategy) Read More

Reliance Industries Ltd (RIL) share price gained 1.5 per cent to Rs 2,022 apiece in the morning deals on BSE today, taking the total market capitalisation to Rs 12.74 lakh crore. On Friday, after market hours, Mukesh Ambani-led Reliance Industries and BP announced the commencement of gas production from an ultra-deep-water gas field in block KG D6 R-Field of Krishna Godavari basin. In another development, the oil-to-telecom conglomerate will set up the ‘Greens Zoological Rescue Read More