Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO).
The National Stock Exchange (NSE) is drawing massive attention ahead of its long-awaited IPO. Unlisted shares have skyrocketed 115% over the past year, with market cap valuations hitting Rs 5.86 lakh crore, reflecting soaring demand in the unlisted market. Retail participation has surged toomore than doubling in the March 2025 quarter, as investors race to gain early exposure to one of Indias most dominant financial institutions. Explore more key insights and trends surrounding NSEs journey to the stock market.
This week is packed with corporate actions as numerous companies set record dates for dividends, rights issues, and bonus shares. Notable Nifty stocks like Titan, JSW Steel, and Sun Pharmaceuticals are among the nearly three dozen firms involved. Shareholders can anticipate dividend payouts, bonus share distributions, and rights offerings from various companies across different sectors.
The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities.
stock market holiday: The Indian stock market has observed 14 holidays so far in 2025, with the last being on May 1 for Maharashtra Day. The next holiday falls on August 15 for Independence Day. Other key upcoming holidays include Ganesh Chaturthi, Gandhi Jayanti, Diwali, and Christmas. Both NSE and BSE will remain closed on these days as per the official holiday calendar.
In the last one year, several penny stocks have given substantial returns to their investors but we highlight 10 penny stocks that have surged between 40% and 740%. These stocks were selected based on specific criteria: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a recent minimum trading volume of 5 lakh shares.Penny stocks often attract attention due to their low entry price and the potential for explosive growth. But while the rewards can be impressive, the risks are equally high. These stocks typically carry low liquidity, high volatility, and limited financial transparency. Investors should proceed with caution success in penny stocks requires not just luck, but a clear strategy and strong risk management.(Data Source: ACE Equity)
India's apple imports are facing disruption. Geopolitics are influencing prices this harvest season. Traders are avoiding Turkish apples due to political tensions. The Attari-Wagah border closure halts Afghan imports. This may increase prices for Kashmiri and Himachali apples. Iranian apple imports are risky. India's domestic production is less than consumption. Apple imports are rising year-on-year.
