These 10 Stocks Could See Action Today—Are You Watching Them?

Grover Jewells' shares surpass gray market predictions by listing at a 9% premium to the SME IPO price. On February 11, Grover Jewells' shares made a modest debut on the stock market, going up to Rs 96 per on the NSE Emerge platform. This is a premium of almost 9% above the Rs 88 IPO price per share. With a market valuation of Rs 139.27 crore, the company made its debut on the stock exchanges. Grey market estimates versus listing premium: The listing premium has greatly exceeded grey market expectations, even with the market's lackluster beginning. The company's unlisted shares were trading flat at the IPO price of Rs 88 with no grey market premium (GMP) prior to listing. When the IPO was up for public bidding from February 4 to February 6, the site's quoted GMP was close to 3 percent. The company's unlisted shares were trading at 0 GMP over the IPO price, according to IPO Watch as well. Grover Jewells IPO: Grover Jewells, a gold jewelry manufacturer situated in Delhi, went public in order to generate Rs 33.83 crore by issuing 38.44 lakh shares at a price range of Rs 83–88 each. With a minimum investment of Rs 1.41 lakh, investors could bid for 1,600 shares, and then in multiples. The IPO received over 19 subscriptions between February 4 and February 6, indicating that investors were quite interested in it throughout its three days of public bidding. With approximately 38 bookings of their allotted allocation, non-institutional investors (NII) shown the highest level of interest in the IPO. Qualified institutional buyers (QIB) and retail sections were reserved 11 times and 16 times, respectively. Working capital will be the primary use of the IPO proceeds, with the remaining sum going toward general business needs.

Today’s stock market: On Friday, December 26, the Indian stock market finished down due to persistent selling pressure that affected mood in the lack of new clues and amid conflicting signals from across the world. Market Closing Summary The Nifty 50 lost 100 points, or 0.38%, to close at 26,042.30, while the Sensex shed 367 … Read more

Sanjeev Sanyal: Why India Needs More Bankruptcy

Poland military aid to Ukraine expands as Warsaw prepares its 48th package worth $214 million, including armored vehicles and defense support.

According to Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal, India must be at ease with individuals and businesses filing for bankruptcy since ongoing insolvency and bankruptcy are necessary for creating a risk-taking and dynamic economy. Importance of Constant Churn A successful economic system, according to Sanyal in an interview with ANI, … Read more

IndiGo Market Share Drops to 63.6% in November 2025

IndiGo Q3 profit report and growth forecast update

According to official statistics, the biggest airline in the nation, IndiGo, had significant operational problems earlier this month, and its domestic market share fell to 63.6% in November. Market Share Changes in November In November, the market shares of SpiceJet and Air India Group, which includes Air India and Air India Express, increased to 3.7% … Read more

Lockheed Martin Pushes C-130J as India Eyes 80 Military Transport Aircraft

Adani Embraer aircraft assembly India final assembly line

US aerospace giant Lockheed Martin has positioned its C-130J Super Hercules as the ideal option as India gets ready to purchase up to 80 military transport aircraft, claiming the aircraft would give it a “stronger” heft for tactical airlift among the Quad countries. Lockheed Martin’s Manufacturing Plans in India Top Lockheed Martin executives told PTI … Read more

IndiGo Refunds Update: MoCA Addresses 13,000 Complaints

IndiGo Q3 profit report and growth forecast update

More than 13,000 complaints have been addressed since the Ministry of Civil Aviation’s (MoCA) 24×7 Passenger Assistance Control Room (PACR), which was established earlier this month to monitor and manage passenger concerns in real-time, went live on Sunday. IndiGo Passenger Reimbursements The announcement coincides with the fact that many IndiGo customers who had previously experienced … Read more