Bangladesh Crisis – Impact on Indian stocks and sectors
What Exactly Happened? Protesters in Bangladesh took to the streets against a quota system that gives 56 pct of government jobs to certain groups, including 30 pct to descendants of fighters who fought in the 1971 War of Independence. This seriously reduced the opportunities available to the youth, furthering unemployment. Under immense pressure from an earlier student mobilization over...
Exicom Tele-Systems Ltd. (Subscribe)
Highlights Issue Size –: 30,211,214 sharesIssue Open/Close – 27 Feb / 29 Feb, 2024Price Band (Rs.) 135 – 142Issue Size (Rs.) – 4,290 mnFace Value (Rs) 10Lot Size (shares) 100 Exicom Tele-Systems Limited (ETSL) incorporated in 1994, is an India headquartered power management solutions provider, operating under two business verticals (I) Critical Power Business and (ii)...
Union Budget 2024: Tax Benefits Extended, Slabs Unchanged, Capex Boosted – Exploring Key Announcements
Finance Minister Smt Nirmala Sitharaman introduced the Interim Budget 2024-25 in Parliament on Thursday, February 1, coinciding with the commencement of the Budget Session. This budget holds significance as it is an interim one, being presented just before the Lok Sabha Elections. The budgetary allocations and policy directions reflect a strategic approach toward fostering growth, social...
BLS E-Services Limited (Subscribe)
Highlights Issue Size –: 23,030,000 sharesIssue Open/Close – 30 Jan / 01 Feb, 2024Price Band (Rs.) 129 – 135Issue Size (Rs.) – 3,109 mnFace Value (Rs) 10Lot Size (shares) 108 BLS E-Services Limited (BLSESL) incorporated in 2016, is a subsidiary of BLS International Services Limited and is a technology-enabled digital service provider, providing (i) Business Correspondents...
Azad Engineering Ltd. (Subscribe)
Highlights Issue Size –: 14,122,137 sharesIssue Open/Close – 20 Dec / 22 Dec, 2023Price Band (Rs.) 499 – 524Issue Size (Rs.) – 7,400 mnFace Value (Rs) 2Lot Size (shares) 28 Azad Engineering Limited (AEL) incorporated in 1983, is one of the key manufacturers of qualified product lines supplying to global original equipment manufacturers (OEMs) in the energy, aerospace & defence and...