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Ministry of Finance Pilot Launch of International Bullion Exchange - The Gateway for Bullion Imports Posted On: 18 AUG 2021 4:43PM by PIB Delhi ...
India: IPOs amid pandemic times are delivering the best listing gains Photo: Pixabay July 24, 2021 The bumper stock market debut of Zomato Ltd capped a year of strong listings undeterred by the devastating pandemic that crimped economic activity and left many jobless. Shares of Zomato, the first major new-age Indian technology firm, made a stellar market debut on Friday. This followed the more than 40 times subscription of the company’s ₹9,375 crore initial public offering. As many as 10 companies saw investor wealth double since their listings in the past year. A gush of global liquidit...
Indian stockbrokers clocked stellar growth while the economy went into recession A record 1.42 crore new demat accounts were opened in the country in 2020. Representational image. | Danish Siddiqui/Reuters If stock brokering businesses were the benchmark for India’s economic success, no one would believe that the country is going through its worse financial crisis in decades. Over the last year, as India struggled with Covid-19 outbreaks, the country’s economy went into a recession, the unemployment rate spiked sharply and thousands of households were pushed into povert...
May 25, 2021 If stock brokering businesses were the benchmark for India’s economic success, no one would believe that the country is going through its worse financial crisis in decades. Over the last year, as India struggled with Covid-19 outbreaks, the country’s economy went into a recession, the unemployment rate spiked sharply, and thousands of households were pushed into poverty. Many small businesses are currently hanging by a thread. Away from this gloom and doom, stockbrokers in India have raked in millions during the pandemic. In the financial year that ended on March 31, 2021, th...
Anand Rathi has buy call on Central Depository Services (India) with a target price of Rs 960. The current market price of Central Depository Services (India) Ltd. is Rs 800. Central Depository Services (India) Ltd., incorporated in the year 1997, is a Small Cap company (having a market cap of Rs 8339.10 Crore) operating in Financial Services sector. Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 110.25 Crore, up 6.83 % from last quarter Total Income of Rs 103.20 Crore and up 51.08 % from last year same quarter Total Income of Rs 72.98 ...