Muthoot Finance to raise Rs 300 crore in their 28th Public Issue of Secured Redeemable Non-Convertible Debentures
Muthoot Finance to raise Rs 300 crore in their 28th Public Issue of Secured Redeemable Non-Convertible Debentures

Muthoot Finance to raise Rs 300 crore in their 28th Public Issue of Secured Redeemable Non-Convertible Debentures

This issue of Secured Redeemable Non-Convertible Debentures will be open to subscription starting October 6, 2022 till October 28, 2022

DSIJ Intelligence Article rating: 4.3

Muthoot Finance Ltd has announced its 28th public issue of Secured Redeemable Non-Convertible Debentures of the face value of Rs1,000 each. The issue is with a base issue size of Rs 75 crore with an option to retain over-subscription up to Rs 225 crore aggregating up to the tranche limit of Rs 300 crore. This issue will be open from October 6 and will close on October 28, 2022, with an option to close on such an earlier date or an extended date as may be decided by the Board of Directors or NCD committee.

Nifty closes above 17,300; metals and media shine, FMCG falls
Nifty closes above 17,300; metals and media shine, FMCG falls

Nifty closes above 17,300; metals and media shine, FMCG falls

 JSW Steel, Hindalco & Coal India became the top gainers from Nifty 50 stocks

DSIJ Intelligence Article rating: 4.8

Indices closed at the day’s low but managed to gain some points as Nifty ended above 17,300 level. Sensex surged 156 points while Nifty Midcap and Nifty Smallcap jumped 1.25 per cent each.

Stocks below Rs 100: Only buyers seen in these scrips on October 6
Stocks below Rs 100: Only buyers seen in these scrips on October 6

Stocks below Rs 100: Only buyers seen in these scrips on October 6

The FIIs bought equity worth Rs 1,344.63 crore on Tuesday (October 4) while the DIIs bought equity for a net worth of Rs 945.92 crore.    

DSIJ Intelligence Article rating: 4.0

At 1 pm on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally higher amidst extreme market volatility in the US markets.    The FIIs bought equity worth Rs 1,344.63 crore on Tuesday (October 4) while the DIIs bought equity for a net worth of Rs 945.92 crore.    

In conversation Bijon Pani, Chief Investment Officer, NJ Asset Management (P) Ltd
In conversation Bijon Pani, Chief Investment Officer, NJ Asset Management (P) Ltd

In conversation Bijon Pani, Chief Investment Officer, NJ Asset Management (P) Ltd

"Momentum Factor Premiums Are Behavioural In Nature"

Ninad Ramdasi Article rating: 4.7

The momentum factor is a behavioural factor which involves buying stocks that have gone up in value over a defined period of time. The idea behind momentum is that this upward or downward trend would continue for some more time and can be used to generate return.

Mafia Trends Limited becomes Three Hundred and Ninety-Fourth Company to get listed on BSE SME Platform
Mafia Trends Limited becomes Three Hundred and Ninety-Fourth Company to get listed on BSE SME Platform

Mafia Trends Limited becomes Three Hundred and Ninety-Fourth Company to get listed on BSE SME Platform

The shares of mafia trends were listed at Rs 28 per share. The stock has been appreciated by more than 10 per cent since the issue price.

DSIJ Intelligence Article rating: 3.9

On October 6th, 2022, Mafia Trends Limited, a specialty retailer, became the 394th business to list on the BSE SME Platform.

This Small-cap NBFC stock re-listed on Friday, hits back-to-back upper circuit, do you own it?
This Small-cap NBFC stock re-listed on Friday, hits back-to-back upper circuit, do you own it?

This Small-cap NBFC stock re-listed on Friday, hits back-to-back upper circuit, do you own it?

Within minutes of the opening bell, the share price of Shree Securities increased and went to touch the 5 per cent upper circuit, reaching an intraday high of Rs. 25.70 per share.

DSIJ Intelligence Article rating: 4.0

Shree Securities share has been touching high circuit for the past three sessions since exiting stage-3 GSM framework. 

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