Stock Market

Urban Company shares fall

Urban Company Shares Fall 6% to Hit Record Low as Shareholder Lock-In Lifts

The gig economy giant sees its stock tumble to ₹121.40 as early investors get the green light to exit, testing retail patience The honeymoon period for one of India’s most celebrated startups appears to be over. On Monday, December 15, Urban Company shares fall by over 6 per cent, touching a record low of ₹121.40 […]

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Shiprocket IPO

Shiprocket Files Updated DRHP for ₹2,342 Cr IPO as Key investors HOLD Firm

The D2C tech enablement platform targets a fresh issue of ₹1,100 crore, while minority early backers plan partial exits through the Offer for Sale Gurugram-based unicorn Shiprocket has officially filed its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi). The proposed Shiprocket IPO aims to raise a total

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IndiGo shares slip

IndiGo Shares Slip as Revenue Warning and DGCA Meet Spook Market

Stock falls 3% after the airline cuts revenue outlook, while CEO Pieter Elbers prepares for a crucial regulatory meeting InterGlobe Aviation, the parent company of India’s largest airline, faced significant turbulence on the stock market this morning. Investors reacted sharply to a revised revenue outlook, which caused IndiGo shares slip by over 3 per cent

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