VARANIUM CLOUD
NSE caps listing gains in SME IPOs; ‘move to curb price swings’
NSE imposes a 90% cap on SME IPOs to stabilize prices; Winsol Engineering surged by 411%. Amit Goel noted reduced volatility. Sebi chair Madhabi Puri Buch raised SME manipulation concerns. Sebi took action against Varanium Cloud, SecureKloud Technologies, Add-Shop E-Retail, suspecting schemes like bonus issues, stock splits, and preferential allotments.
Investors high on SME IPOs with up to 1,300% returns. Is it time to get sober?
Investors high on SME IPOs with up to 1,300% returns. Marquee investors, top performers like Owais Metal & Mineral Processing, and risks of market manipulation highlighted. Emphasis on due diligence and investor awareness.
Wipe out! Sebi-hit SME superstar stock is now down 88% from peak in just 8 months
Varanium Cloud, entangled in Sebi's scrutiny, experienced a drastic decline in its valuation from its peak in October last year. The stock, which hit a 52-week high of 239.5 in October 2023, plummeted to Rs 29.3 in the latest trade, marking a staggering 87% decline.
Fraud concerns raise red flags for India's booming tiny IPOs
Earlier this year, regulators clamped down on equity markets financing to cool pre-IPO sale frenzy. Still, the nation’s market for first-time share sales remains vibrant, with 102 deals priced since the start of 2024.
Varanium Cloud set to open second office and BPO centre in Maharashtra's Sawantwadi
Varanium Cloud also plans to expand its presence in the Konkan region, establishing multiple edge data centres and ed-tech centres.
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
HDFC Life, Tech Mahindra, Hero MotoCorp, M&M and Apollo Hospital were among the top losers on NSE in today's trade.
- Go To Page 1
Stock market update: Nifty Bank index advances 0.47%
The Nifty Bank index closed 0.47 per cent up at 44327.8.
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
JBM Auto, Veekayem Fashion, V-Marc India, Dhunseri Petrochem and Windsor Machine, hit their fresh 52-week highs during the day.
Stock market update: Nifty Pharma index advances 1.46%
The Nifty Pharma index closed 1.46 per cent up at 13622.75.
Stock market update: Nifty IT index advances 0.15%
The Nifty IT index closed 0.15 per cent up at 28843.0.
Stock market update: Nifty Auto index advances 0.75%
The Nifty Auto index closed 0.75 per cent up at 14840.55.
Stock market update: Nifty Realty index advances 0.47%
The Nifty Realty index closed 0.47 per cent up at 517.25.
Stock market update: Nifty IT index advances 0.11% in an upbeat market
The Nifty IT index was trading 0.11 per cent up at 28830.55.
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Rane(Madras), Prime Focus, Rane Brake Lin, FACT and V-Marc India, hit their fresh 52-week highs during the day.
Stock market update: Nifty IT index advances 0.73%
The Nifty IT index closed 0.73 per cent up at 28800.15.
Stock market update: Nifty Auto index advances 0.08%
The Nifty Auto index closed 0.08 per cent up at 14729.9.
Stock market update: Nifty Pharma index advances 0.29%
The Nifty Pharma index closed 0.29 per cent up at 13426.9.
Stock market update: Nifty Realty index advances 1.24%
The Nifty Realty index closed 1.24 per cent up at 514.85.
Stock market update: Nifty Realty index advances 1.25% in an upbeat market
The Nifty Realty index was trading 1.25 per cent up at 514.9.
Stock market update: Nifty IT index advances 0.22% in an upbeat market
The Nifty IT index was trading 0.22 per cent up at 28653.15.
Stock market update: Stocks that hit 52-week lows on NSE
Cipla, UPL, Titan Company, IndusInd Bank and Sun Pharma were among the top losers on NSE.
Stock market update: Nifty Bank index advances 0.17% in an upbeat market
The Nifty Bank index was trading 0.17 per cent up at 43715.5.
Stock market update: Nifty Pharma index advances 0.17% in an upbeat market
The Nifty Pharma index was trading 0.17 per cent up at 13411.45.
Stock market update: Nifty Auto index advances 0.43% in an upbeat market
The Nifty Auto index was trading 0.43 per cent up at 14780.8.
A dozen foreign and local entities express interest in Rolta insolvency
The resolution professional, Mamta Binani, received 12 expressions of interest (EoI) which included eight companies, one Singapore-based fund house and three individuals.
Tiny diamonds! 19 multibagger SME IPOs gave up to 463% return in FY23
Topping the charts is Mumbai-based digital technology company Varanium Cloud whose shares have zoomed 463% since its Dalal Street debut in September-end. The Rs 31 crore IPO, which was sold at an offer price of Rs 122 per share, was subscribed over 5 times.
Stock market update: Nifty Auto index advances 0.02% in a weak market
The Nifty Auto index was trading 0.02 per cent up at 12772.55.
Stock market update: Nifty IT index falls 0.73% in a weak market
The Nifty IT index was trading 0.73 per cent down at 28511.85.
Stock market update: Stocks that hit 52-week highs on NSE
Cool Caps Industries Ltd., Sat Industries, Radaan Media, Varanium Cloud Ltd. and Felix Industries, hit their fresh 52-week highs at 10:45AM.
Load More
