Latest Updates Around The World
On the second day of bidding, the RS 504-Crore-Ipho from Epack Prefab Technologies has so far subscribed 42% on Thursday. According to BSE data, investors had explained bids for 71.15 LAKH shares against the total issue of 1.76 Crore shares. The IPO is currently being traded at a Gray Market Premium (GMP) of approximately 8% […]
Shares of TATA Investment Corporation rose no less than 11% to achieve a new 52 weeks high from RS 9,059 at the NSE after the announcement by the company of a 1:10 stock distribution aimed at improving liquidity and improving the participation of the retail trade. With today’s profit, the share set 24.5% in just […]
So far, on the second day of his IPO, Atlanta Electrics saw a general subscription of 1.19 times at 12:45 pm, along with a strong gray market premium (GMP) of 12.6%or RS 95-100. Non-institutional investors drove enthusiasm and subscribed to the issue 2.66 times, followed by the retail investors, who have subscribed to the issue […]
ACE investor Mukul Mahavir Agarwal has collected more than 5 Lakh shares for RS 100 crore in Midcap Multibagger Stock Tega Industries after the last fundraising of the company. The market veteran, who is also the founder of Param Capital Group, is known for its aggressive investment strategies and has more than 20 years of […]
Momentum Group Ltd. is open to considering a first public offer for his Indian company with billionaire Kumar Mangalam Birla while the South African insurer rises its expansion plans in the third largest economy of Asia. The company established in Pretoria, which has 3 billion edge ($ 172 million) in surplus capital in its books, […]
The shares of Metal Major Vedanta fell by almost 4% on Wednesday to reach the low of the day of RS 471 after the regulation plans had received a setback. The government is said to doubled its objection and accused the proposed part -grade scheme of a tactic to obstruct the repair of its rights.The […]
The sovereign Golden Bond (SGB) of India – once praised as an innovative solution to curb gold import – has come under sharp criticism from investor and academic Sanjay Bakshi, popularly known as Fundoo Professor. Bakshi called the schedule ‘one of the stupidest government loan programs in the world’, with reference to the high effective […]
The Indian banking sector may be close to turning a corner to make a corner, according to Pranav Gundlapalle, senior research analyst at Sanford C Bernstein. After months of slower credit growth and margin pressure, he believes that both growth and profitability can start to improve compared to the second half of the current financial […]
In the midst of a stream of headlines on GST, global rates, RBI movements and the upcoming US Fed Meeting, Devina Mehra, founder and CMD of First Global, says investors have to coordinate the noise and concentrate on Fundamentals. Speaking with et now, Mehra said that although some developments such as GST reform or global […]
