Gold touched the Rs 1 lakh per 10 gm mark on Wednesday dampening the mood among jewellers who now fear a further dent in sales ahead of the crucial festive season. The prices have crossed this threshold after almost two months. The yellow metal has gained nearly 2% this week — climbing from Rs 98,791 … Read more
Shares of Sadhana Nitro Chem ended the week with gains of 15%. The specialty chemicals company is involved in manufacturing intermediates for dyes, pigments, and pharmaceuticals, with a focus on nitrobenzene derivatives and meta amino phenol (MAP). Its shares closed at Rs 21.29 on Friday, gaining by 2%. Source link
Suvankar Sen, MD & CEO, Senco Gold, says the endeavour of the Birla group to enter into the industry is just a signal that the industry is getting more and more organised. The story that we have been hearing over the last 5-10 years, the shift from the unorganised to organised, are the actions and … Read more
Mumbai: The next four months could see a massive supply of shares, potentially reaching up to $12 billion from about 40 companies, excluding state-owned firms that went public in the last two years. This surge arises as various lock-in periods are set to expire for both promoters and investors who participated in pre-IPO placements. Market … Read more
The IPO market has picked up pace in the second half of the year with three issues — Ideaforge, Cyient DLM, and Senco Gold —delivering strong listing gains to investors. In the upcoming week, two more IPOs are set to hit the markets including the mainstream one of Netweb Technologies. The other issue is Asarfi … Read more
NEW DELHI: The Rs 405 crore-initial public offer (IPO) of Senco Gold, a prominent jewellery player, got fully subscribed on day two of the bidding process on Wednesday. The issue was subscribed 69% at the close on Day 1. The issue has attracted bids for 1,11,32,702 shares or 1.18 times so far on Day 2 … Read more
Senco Gold, the largest jewellery retail player in the eastern region, is set to launch its initial public offering (IPO) on July 4. The IPO comprises a fresh equity issue of up to Rs 270 crore and an offer for sale (OFS) of up to Rs 135 crore. The price band is set at Rs … Read more