Tue, Feb 27, 2024 8:39 PM
Is Sebi trying a new tactic to crackdown on unregistered advisories?
A Flip by Avya Verma
Sewerage treatment plant developer, Enviro Infra Projects Limited has filed its RHP with the Securities & Exchanges Board of India (SEBI). The company’s initial public offer (IPO) will be available for subscription from November 22 to November 26, 2024. The price band of the issue has been fixed at ₹140 to ₹148 per share and investors can apply for minimum 101 shares in a lot.
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Penny stock: Shares of Starlineps Enterprises saw a 5 per cent surge during intra-day trading on Monday, November 18, following the company’s strong financial results for the second quarter of the fiscal year 2024-25 (Q2FY25). The Surat-based diamond and jewellery trader reported a significant increase in net profit and revenue, which spurred market interest and investor optimism.
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Central government is poised to introduce significant reforms in the insurance sector, including allowing 100% foreign direct investment (FDI) and easing restrictions on insurance agents, according to a report in The Times of India. These changes are part of the proposed Insurance Amendment Bill, which is expected to be presented during the winter session of Parliament later this month.
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