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stock market live updates : aarti industries share why is it falling - firstcry ipo- Unicommerce Listing


Shares of  Aarti Industries Ltd. hit the lower circuit and fell 14.03% following the recent earnings release. The sharp drop came after the company revealed that it would revise down its EBITDA guidance due to significant margin volatility and increasing pressure from China. During the call, Aarti Industries highlighted its concerns about its financial outlook, particularly by revising its EBITDA guidance.


 aarti industries share why is it falling

The company’s material costs are expected to weigh on its revenue forecast for the year, with revenue expected to range between Rs 3,500 crore and Rs 3,800 crore, depending on raw material prices and working capital. Aarti Industries reported a net profit of Rs 137 crore in the first quarter of fiscal 2025, up 96% from Rs 70 crore in the same period last year. But it missed Bloomberg’s estimate.
Shares of the company fell 14.03%, their highest level since July 23, to trade down 13.45%, as of 10:13 am. This compares to 0.05% advance in NSE Nifty 50. The stock has gained 38.34% over the past 12 months, but is down 1.34% year-to-date. The total traded volume during the day on NSE was 5.50 times its 30-day average.


firstcry ipo

Firstcry's share was listed at Rs 651 on the NSE. This price is 40 percent higher than the original issue price. While, Firstcry's share was listed on BSE at Rs 625 per share with a premium of 34.41 per cent. The stock touched a high of Rs 707.05 on the BSE. As a result, the investors got a whopping 52 percent profit.
Opened for subscription on 6th August. So, it closed three days later on August 8. The IPO was opened for subscription to large investors on August 5.
Brainbiz Solutions, the parent company of e-commerce platform Firstcry, was oversubscribed 12.22 times on the third and final day of IPO bidding. According to NSE data, 60,64,29,472 shares were bid while 4,96,39,004 shares were offered in the Rs 4,194 crore initial share sale. The IPO was subscribed 19.30 times in the Qualified Institutional Buyer (QIB) category and 4.68 times in the Non-Institutional Investor category. The share of Retail Individual Investors (RII) increased by 2.31 times. Brainbiz Solutions has raised Rs 1,886 crore from anchor investors.


unicommerce listing

Shares of  Unicommerce eSolutions Limited have made a resounding entry in the stock market. The stock was listed at Rs 235 on the NSE, up 117.59 per cent from its IPO price of Rs 108. So, it was listed on BSE at Rs 230 with a premium of 112.96 percent. Therefore, investors have more than doubled their earnings on the first day.
The company's IPO opened for investment on August 6 and closed on August 8. Through this IPO, the company wants to raise Rs. 276.57 crores. 

Unicommerce E-Solutions was established in 2012. It is India's leading e-commerce enabled Software-as-a-Service (SaaS) platform. Unicommerce works as an eSolutions as a Service (SAAS) platform. Serves brands, sellers and logistics providers to manage e-commerce operations. The company provides services to renowned companies like Lenskart, Fab India, Xivame, TCNS, MamaEarth, Emami, Sugar, Boat, Portronics, PharmEG, GNC, Cello, Urban Company, Mensa, Shiprocket, Expressbees. Apart from India, Unicommerce has customers in six other countries. The company has focused on Southeast Asia and Middle East regions.

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