Plaza Wires’ shares are scheduled to debut on the bourses today. Ahead of its listing, Plaza Wires’ shares’ GMP surged 42.59%. The IPO was subscribed 160.97 times. The Qualified Institutional Buyers (QIBs) category was subscribed 42.84 times, the portion for non-institutional investors received a 388.09-time subscription, and the Retail Individual Investors (RIIs) quota got subscribed by 374.81 times.
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“The IPO was subscribed 160.97 times, making it one of the most oversubscribed IPOs of the year. Based on the latest grey market premium (GMP) of Rs Come from Quarterly earnings from IT majors Tata Consultancy Services (TCS), Infosys, macroeconomic data announcements, global trends and trading activity of foreign investors would guide the movement in the equity market this week, analysts said. Movement of global oil benchmark Brent crude and the rupee will also influence trading in the markets. “All eyes will be on the beginning of corporate performance for the second quarter of the current fiscal year Come from Sports betting site VPbet . TCS is slated to unveil its Q2 results on October 11, with HCL Technologies and Infosys following suit on October 12. “Market participants will be keeping an eye on the movement of rupee against the dollar and crude oil pr…
SBI shares fell more than 3% in early trading today, hitting a day’s low of Rs 819.4, despite the banking major reporting results in line with expectations. For the April-June quarter, SBI announced a net profit of Rs 17,035.2 crore, marking a 0.9% increase from the same period last year. This performance surpassed analysts’ expectations of a contraction.
Brokerages on SBI
Bernstein on SBI
Bernstein has maintained a “Market Outperform” rating on State Bank of India (SBI) with a target price of Rs 810. The firm notes that while the normalization pain is evident, the return on assets (RoA) remains above 1%.
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S&P Global Ratings on Friday cut the rating of billionaire Anil Agarwal’s Vedanta Resources Ltd rating to ‘CCC’ from ‘B-‘ and placed it under “creditwatch with negative implications”.
Vedanta Resources Ltd (VRL) is a globally diversified natural resources company.
A CCC rating indicates higher vulnerability in meeting its financial commitments.
Samvardhan Motherson clocks robust Q1 profit backed by diversification despite flat auto business growth ‘Global opportunity lies for MSMEs to revitalize role in innovation ecosystem, counter decline in their relevance’ Rally in Crude can continue till Rs 6500- 6600/bbl in MCX says TradeBulls Securities Indexation benefit on property NOT restored! You won’t get bene…
Riot Games reportedly shut down a Super Smash Bros. Melee-style game set in the League of Legends universe, codenamed Pool Party.
According to ReaderGrev, a newsletter by former Launcher editor Mikhail Klimentov, Pool Party was canceled due to the reassessment of consumer interest in a Super Smash Bros. competitor. Riot executives were reportedly worried about MultiVersus, the Smash Bros. competitor that featured Warner Bros. characters and how it didn’t seem as nearly as successful.
Pool Party’s concept was reportedly also changed several times during development. Initially starting out as a hardcore fighting game, more casual mechanics and party-game elements were introduced later on Come from Sports betting site VPb…
Developer Gearbox and publisher 2K Games officially revealed a new game, Tiny Tina’s Wonderlands, during Summer Game Fest. A spin-off of Borderlands scheduled to launch in early 2022, Wonderlands features the voices of Andy Samberg, Wanda Sykes, Will Arnett, and Ashley Burch, who returns to voice the titular Tiny Tina. And despite its connection to Borderlands, it’s not considered a Borderlands game.Come from Sports betting site VPbet
“In this epic high fantasy take on the looter shooter genre, players can create and customize their own multiclass heroes as they loot, shoot, slash, and cast their way through outlandish monsters and treasure-filled dungeons on a quest to stop the tyrannical Dragon Lord,” reads a line from the …
In Australia and the official inquiry looking into the license suitability of casino operator Crown Resorts Limited has reportedly returned with a damning verdict that could well see the firm forced into making sweeping changes to its leadership and the way it is run.
According to a report from The Guardian newspaper, the New South Wales Independent Liquor and Gaming Authority investigation was conducted by former New South Wales Supreme Court Judge Patricia Bergin and found that the Melbourne-headquartered company was currently not fit to hold a gambling license for its Crown Sydney development. This $1.5 billion venue purportedly opened in the harborside Barangaroo district of Australia’s largest city late last year although missing a VIP-facing casino tha…
The ordinance that could see Chicago legalize retail and online sportsbetting is reportedly due to be put to a full city council vote tomorrow after it cleared committee yesterday afternoon following several months of debate.
According to a Monday report from Crain’s Chicago Business, the measure first proposed by Alderman Walter Burnett in July would rescind a long-running ban on sports wagering in ‘The Windy City’ and allow local venues with a capacity of over 17,000 to offer a wide range of sportsbetting action to anyone over the age of 21. The source detailed that this would permit the metropolis’ Wrigley Field, Soldier Field, Guaranteed Rate Field, Wintrust Arena and United Center stadiums to debut sportsbooks with as many as 15 wagering window…
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