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BLACKBUCK IPO PLANS, HALDIRAM ACQUISTION, PAYTM'S GRWOTH , UPCOMING Q1 RESULTS/ INDIAN MARKET UPDATE
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What happened in the Indian stock market in the last 24 hours?
1. Blackbuck is planning to launch its IPO.
According to reports, the company's three co-founders are going to sell their shares in the OFS, with 2.2 million, 1.1 million, and 1.1 million shares respectively.
The company aims to raise ₹550 crore through the IPO.
2. Blackstone might fully acquire Haldiram.
Negotiations are ongoing between Haldiram's promoters and Blackstone to take a controlling stake in the business, which could be valued at ₹70,000 crore.
3. Due to a statement by Vijay Shekhar Sharma, Paytm's shares saw a 9 percent growth.
Vijay Shekhar Sharma said that the company is now ready to grow rapidly, and his personal aim is to make Paytm a $100 billion Indian company.
4. This week, four major companies are going to release their Q1 results.
According to reports, between July 8 and July 13, TCS, HCL Tech, IREDA, and Delta Corp will publish their fiscal year 2024-25 results.
1. Blackbuck is planning to launch its IPO.
According to reports, the company's three co-founders are going to sell their shares in the OFS, with 2.2 million, 1.1 million, and 1.1 million shares respectively.
The company aims to raise ₹550 crore through the IPO.
2. Blackstone might fully acquire Haldiram.
Negotiations are ongoing between Haldiram's promoters and Blackstone to take a controlling stake in the business, which could be valued at ₹70,000 crore.
3. Due to a statement by Vijay Shekhar Sharma, Paytm's shares saw a 9 percent growth.
Vijay Shekhar Sharma said that the company is now ready to grow rapidly, and his personal aim is to make Paytm a $100 billion Indian company.
4. This week, four major companies are going to release their Q1 results.
According to reports, between July 8 and July 13, TCS, HCL Tech, IREDA, and Delta Corp will publish their fiscal year 2024-25 results.
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