Fuel price hike: Petrol edges past Rs 86 mark in Delhi, diesel above Rs 83 in Mumbai Petrol and diesel prices were hiked by 35 paise per litre each on Tuesday, according to a price notification from oil marketing companies Representational image. Reuters
New Delhi: Petrol price on Tuesday edged past Rs 86 a litre mark in the national capital and diesel soared above Rs 76 after rates witnessed a maximum increase in the last one year.
Petrol and diesel prices were hiked by 35 paise per litre each on Tuesday, according to a price notification from oil marketing companies.
This took the petrol price in Delhi to Rs 86.05 per litre and Rs 92.62 in Mumbai.
New Delhi, Jan 26: Groups of protesting farmers camping at Singhu and Tikri border points of the national capital broke police barricades on Tuesday morning to force their way into the city .
Stove Kraft IPO opens today: Should you subscribe to the issue?
The Rs 412.62 crore IPO, that closes on January 28 comprises fresh issue of shares worth Rs 95 crore and an offer-for-sale (OFS) of up to 82.50 lakh equity shares
BusinessToday.In | January 25, 2021 | Updated 13:56 IST
Lot size of Stove Kraft IPO is 38 shares
The fourth public issue of the calendar year 2021, Stove Kraft initial public offer (IPO) is in progress on January 25. Price band has been fixed at Rs 384-385 per share.
Lot size of Stove Kraft IPO is 38 shares. A retail-individual investor can apply for multiples of 13 lots, thereafter for a minimum amount of Rs 14,630 and maximum of 494 shares for Rs 190,190. The book running lead managers to the IPO are Edelweiss Financial Services and JM Financial. KFin Technologies Private Ltd is the registrar to the issue. The company has already raised Rs 185 crore via anchor investors portion that was open for subscription on January 22, 2021.
Nifty Energy index closed down 2.82% at 16772.3 today. The index has slipped 1.00% over last one month. Among the constituents, Reliance Industries Ltd dropped 5.30%, Indian Oil Corporation Ltd fell 2.35% and Hindustan Petroleum Corporation Ltd slipped 2.31%.
The Nifty Energy index has soared 7.00% over last one year compared to the 16.25% increase in benchmark Nifty 50 index. In other indices, Nifty IT index has dropped 1.76% and Nifty Pharma index increased 1.71% on the day. In broad markets, the Nifty 50 has declined 0.93% to close at 14238.9 while the SENSEX has slid 1.09% to close at 48347.59 today.
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Read more about Energy shares tumble on Business Standard. Energy stocks were trading with losses, with the S&P BSE Energy index falling 227.97 points or 3.68% at 5967.65 at 13:48 IST.