Financial News

Indian Bank share price Today Live Updates : Indian Bank closed today at ₹497.25, down -2.58% from yesterday’s ₹510.4

by

In the ever-fluctuating landscape of the stock market, Indian Bank stands as a significant player, reflecting the nuances of the financial sector’s dynamics. Today, we delve into a comprehensive analysis of Indian Bank’s recent performance, exploring its share price movement, market capitalization, and key milestones over the past year. Overview of Indian Bank: Established in … Read more

HDB Financial Services IPO: A Landmark Moment in India’s Financial Landscape

by

The Indian financial market is abuzz with anticipation as HDFC Bank, India’s largest private lender, prepares to take its subsidiary, HDB Financial Services, public through an initial public offering (IPO). With HDFC Bank holding a significant stake in HDB Financial, the IPO is poised to be one of the most significant listings in recent years. … Read more

Megatherm Induction IPO Subscribed 56.35 Times on Day 2 – All You Need to Know

by

The initial public offering (IPO) of Megatherm Induction, a prominent small- and medium-sized enterprise (SME) in the manufacturing sector, has garnered significant attention from investors. As the public issue enters its final day of subscription on January 31, let’s delve into the key details and the overwhelming response it has received so far. Company Overview: … Read more

IDFC First Bank to Merge with IDFC Ltd: 155:100 Share Exchange Ratio Unveiled

by

IDFC First Bank and IDFC Limited have received board approval for their merger, adopting a 155:100 share exchange ratio. The move aims to simplify the corporate structure, streamline regulatory compliance, and enhance shareholder value. Post-merger, the standalone book value per share of IDFC First Bank is set to increase by 4.9%, according to audited financials … Read more