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Bajaj Finance shares will trade ex-split from June 16, 2025, with June 13 being the last day to buy shares for eligibility. The company announced a 1:2 stock split and a 4:1 bonus issue. While the number of shares increases, the overall investment value remains the same, with the share price adjusting accordingly.
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Share prices of Indian aviation companies plummeted following a tragic Air India crash and a surge in global crude oil prices. The Air India Dreamliner crashed shortly after takeoff, killing all 241 onboard, triggering caution among investors. Simultaneously, escalating Middle East tensions, highlighted by Israeli strikes on Iran, caused oil prices to soar, further pressuring airline profitability due to increased fuel costs.
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Oswal Pumps IPO: As of 10:24 AM, Oswal Pumps' IPO had received bids for 9,14,976 shares against the 1,62,12,980 shares on offer. The highest demand so far has come from non-institutional investors (NIIs), who subscribed to 9% of their allotted portion. Retail investors subscribed 7%, while qualified institutional buyers (QIBs) had not yet placed any bids.
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