Latest Updates Around The World
Flipkart will more than double its money on its early bet in Shadowfax as the logistics company heads to the stock market next week. According to the offer document, Flipkart has a 14.8% stake in Shadowfax, which translates to around 7.49 crore shares. The e-commerce giant acquired these shares at an average price of around […]
Shares of Corona Remedies and Wakefit Innovations are set to debut on the stock exchanges on Monday, with gray market signals pointing to a positive start for both companies, albeit with different levels of investor confidence.Corona Remedies, the bigger of the two in terms of market buzz, has a GMP of around 28%, indicating expectations […]
Market veteran Vijay Kedia said Friday that stock prices will eventually follow company fundamentals, pointing to the strong listing performance of Exato Technologies, an IPO pick from his portfolio that nearly doubled investor money in its debut.In a post on X, Kedia said that when fundamentals are strong, the market responds decisively. He highlighted that […]
Pharmaceutical company Corona Remedies, which is backed by private equity firm ChrysCapital, on Wednesday set a price range of Rs 1,008-1,062 per share for its upcoming initial public offering (IPO), valuing the company at nearly Rs 6,500 crore. The initial public offer of Rs 655.37 crore, which is entirely an Offer For Sale (OFS) by […]
The Indian primary market is set for a quieter week, with just one initial public offering (IPO) from the mainboard’s Midwest. Meanwhile, three pending motherboards and three SME issues will complete their bidding process. The much-awaited listings of Tata Capital and LG Electronics are scheduled for Monday and Tuesday respectively, while eight other companies are […]
