Bikaji Foods acquires Hanuman Agrofood

The recently listed company Bikaji Foods International Ltd is making news for good reasons. Stock was 4% up on the Wednesday after strong second quarter performance and acquisition of Hanuman Agrofoods. The ethnic snacks player Bikaji Foods got listed with 8% on 322.80 in the month of November. Since then it has given more than … Read more

J K Paper acquires HPPL and SPPL

Stock of JK Paper was 4% up on Tuesday morning and made high of 436. It closed near 415.20 after the profit-booking by traders. This intraday rally in stock was a response to the news that came on Monday evening about J K Paper’s acquisition of HPPL and SPPL. Here is the full story. On … Read more

Performance of stocks listed in last three years

Primary Market participants take utmost benefits of price discovery mechanism of IPO listings. Most of the times they earn good listing gains. But sometimes things don’t work in their favor. Either Market conditions don’t support or valuations seems too high. IPOs listed in discount, keep breaking down further. Hence Investors take losses and exit rather … Read more

Tata Steel Mega Merger explained

As per the filing of exchange on 23rd Sept 2022, Tata Steel will merge seven of its subsidiaries in itself. This decision was long awaited. There were plans of amalgamation of Tata Metaliks into Tata Steel Long Products. Now that plan is shelved completely. As per new plan four listed companies Tata Steel Long Products … Read more

Diwali 2022 picks by Stocksbaazigar

Today on the 22nd Sept 2022 Indian stock markets reacted to the 75 bps rate hike by Fed. The hawkish commentary of Jerome Powell and his determination to arrest inflation on any cost (by rising rates till 4.6% till 2023 end) has not been taken positively by the markets. US Markets and other foreign markets … Read more

Why AstraZeneca India share price is falling?

Oxford-AstraZeneca is a Good Vaccine with really bad Communication AstraZeneca Pharma India Ltd (AZPIL) is a listed Indian subsidiary of AstraZeneca Plc. UK. It is headquartered in Bengaluru Karnataka since 1979 and employees more than 1400 people in India. AstraZeneca India is in the business of manufacturing and marketing of Pharmaceutical products in healthcare sector. … Read more