Author: Legal Parivar

On Wednesday, in early trading, Siemens share price saw an increase of over 8%, reaching 52-week highs following the announcement of the company’s March 2024 quarter results, which were disclosed after market hours on Tuesday.

Boosted by impressive March quarter (Q4) results, the share price of Thermax surged by as much as 14 percent, reaching a fresh record high of ₹5,347 in early trading on the BSE on Wednesday, May 15.

Today, a total of 84 companies, including Honeywell Automation India, Dixon Technologies (India), Bharat Seats, Mankind Pharma, Power Finance Corporation, Jindal Stainless, and LIC Housing Finance, are set to announce their quarterly earnings for the period from December 2023 to March 31, 2024.

According to outage tracking website Downdetector, Meta’s widely-used social media platforms Facebook and Instagram experienced a global outage, impacting thousands of users. This incident mirrors a similar occurrence in March of this year when numerous users reported being unexpectedly logged out of their Facebook and Instagram accounts.

Go Digit General Insurance offers a range of customizable insurance products covering health, liability, property, marine, travel, and auto insurance.

Aadhar Housing Finance IPO is set to debut on May 15, 2024, amid expectations of a strong listing. Grey market indicators suggest a potential 17% listing gain, with shares predicted to open in the range of ₹365 to ₹380 per share. Market analysts anticipate robust investor interest due to oversubscription and positive market sentiment, projecting a listing price of ₹370 to ₹380 per share. Despite competition, Aadhar Housing Finance’s focus on the low-income housing segment has garnered decent subscription demand, offering an exciting investment opportunity with an expected 10-15% listing gain.

Nine stocks have been barred from trading in the futures and options (F&O) segment on Wednesday, May 15, 2024, by the National Stock Exchange (NSE) after crossing 95% of the market-wide position limit (MWPL). However, these securities remain available for trading in the cash market.

Companies, including Hindustan Zinc Ltd, IRB Infrastructure Developers Ltd, Coforge Ltd, Ador Welding Ltd, and Aptus Value Housing Finance India Ltd, are making headlines with their recent announcements regarding dividends, stock splits, and rights issues.

Go Digit secures Rs 1,176 Cr from top investors before IPO, including Fidelity & ADIA. Excitement builds for May 15 launch!

Prime Minister Narendra Modi disclosed personal assets valued at Rs 3.02 crore in the affidavit submitted while filing his nomination for the Varanasi Lok Sabha seat on May 14. According to the mandatory affidavit required under Indian election rules, PM Modi reported no investments in bonds, debentures, shares, or mutual funds. He declared holding a total of Rs 52,920 in cash as of March 31, 2024. Additionally, the Prime Minister’s assets include Rs 2.86 crore in fixed deposit receipts (FDRs) at the State Bank of India (SBI), along with Rs 80,304 held in SBI savings accounts. Modi also declared Rs…