Arvind SmartSpaces Ltd. has reported bookings of more than Rs.500 crore within 30 days of launching its Arvind Sylva – The Green Reserve residential project. The bookings represent approximately 60% inventory absorption by value.
Arvind SmartSpaces Ltd. has reported bookings of more than Rs.500 crore within 30 days of launching its Arvind Sylva – The Green Reserve residential project. The bookings represent approximately 60% inventory absorption by value.
Swastika Infra and Adroit Industries (India) have both opened their IPOs on September 23. Swastika Infra is seeking to raise around Rs.160.88 crore, with a price band of Rs.175–185 per share, while Adroit Industries is raising around Rs.150.71 crore with a price band of Rs.126–134 per share.
Gold prices remained relatively steady on Wednesday as investors assessed developments in US-Iran discussions and their potential impact on energy prices and US monetary policy. Bullion was trading around $4,360 an ounce after ending the previous session higher.
Persistent Systems Ltd. has secured an additional 61.15% stake in Germany-based Nagarro SE through its voluntary public takeover offer. Including the stake acquired earlier, Persistent’s aggregate holding has reached 83.25% of Nagarro’s outstanding share capital, excluding treasury shares.
ArMee Infotech has opened its Rs.300 crore IPO for subscription on September 23. The issue will remain open until September 25 and consists entirely of a fresh issue, according to the company’s IPO details.
The Competition Commission of India (CCI) has approved L’Oréal India’s proposed acquisition of Onesto Labs, the company behind beauty and personal-care brands including Bare Anatomy and Chemist at Play. The regulatory clearance moves the proposed transaction forward.
Indian equity benchmarks are likely to begin Wednesday’s session on a cautious note. GIFT Nifty was trading around 23,400, down about 58 points, while investors were tracking Asian markets, crude oil prices, US Treasury yields and foreign institutional flows.
Oil prices remained slightly lower on Wednesday as markets watched diplomatic efforts between the United States and Iran. Brent crude was around $99.18 a barrel, while WTI crude stood near $90.17, with hopes of progress in discussions at the United Nations helping limit concerns over prolonged supply disruptions.
Elevate Campuses’ IPO opens for subscription on September 23 and will remain open until September 25. The company is looking to raise Rs.2,100 crore through a fresh issue of 5.80 crore shares, with the price band fixed at Rs.343–362 per share.
As per market veteran, shifting from loss-making stocks to businesses with better earnings visibility is painful, but short-term pain can support long-term gains. Quick profits may feel exciting, but steady compounding wins over time. Protect capital before chasing returns.
For those of you who are serious about having more, doing more, giving more and being more, success is achievable with some understanding of what to do.
