Market Movers: Paras Defence rejuvenates IPO mart; Zee Ent’s troubles continue

photo

MUMBAI: The obituaries being written about the primary market after tepid debuts for recent listings will now have to be thrown into the wastebasket. Paras Defence & Space Technologies’ listing today has breathed new life into the market and just in time, too, as big wigs such as Paytm, PolicyBazaar and Nykaa prepare themselves to … Read more

Analysts bullish on Paras Defence; should you go whole hog on this IPO?

photo

New Delhi: The Rs 170.78 crore initial public offering (IPO) of Paras Defence and Space Technologies (PDSTL) opened for subscription on Tuesday, and most of the analysts sounded positive on this defence sector play. The IPO comprises a fresh issue of shares worth Rs 140.6 crore and an offer for sale of up to 1.72 … Read more