The initial public offer (IPO) of Kronox Lab Sciences opened for subscription earlier today and will close on June 5. The issue is completely an offer for sale of 95.7 lakh shares. Since the IPO is entirely an OFS, all the net proceeds will go to the selling shareholders, including Jogindersingh Jaswal, Ketan Ramani and … Read more
After a healthy response to the IPO, the shares of Aadhar Housing Finance listed on the exchanges today at Rs 314.3, a marginal discount of 0.22%, on BSE. Ahead of the listing, the company’s traded with a premium of Rs 50 in the unlisted market The company boasts of highest assets under management (AUM) within … Read more
Indian markets closed lower on Friday tracking muted global cues. The S&P BSE Sensex fell more than 200 points while Nifty50 managed to hold on to 18000 levels last week. Sectorally, buying was seen in power, utilities, banks, and the public sector while selling was seen in telecom, consumer durables, FMCG, and metals. Stocks that … Read more
Domestic equity markets closed in the red for the third consecutive day on Friday tracking weak global cues. The S&P BSE Sensex fell more than 450 points, while the Nifty50 closed below the 17,900 level. Sectorally, buying was seen in FMCG while selling was visible in IT, metals, banks, and healthcare. Stocks that were in … Read more
New Delhi: After a flat landing on Dalal Street on Thursday, Sula Vineyards lost its steam during the trading session and saw some selling pressure during its debut trading session. Against the issue price of Rs 357 apiece, shares of Sula Vineyards were listed at Rs 358 on BSE and at Rs 361 on the … Read more
Domestic markets snapped an 8-day winning streak to close in the red on Friday. The S&P BSE Sensex fell more than 400 points while the Nifty50 closed below 18,700 levels. Sectorally, buying was seen in realty, telecom, and metal stocks while selling was recorded in power, auto, utilities and FMCG stocks. Stocks that were in … Read more
Inox Green Energy, along expected lines, made a muted debut on the bourses on Wednesday. Even after the listing, the stock continued to trade on a lacklustre note. The scrip, against the issue price of Rs 65 apiece, got listed at a discount of 8% at Rs 60 per share on the National Stock Exchange … Read more
New Delhi: Kaynes Technology, after its bumper debut on the bourses on Tuesday, witnessed some profit booking. The industrial electronics player got listed at Rs 778, a premium of 33%, on the National Stock Exchange (NSE), whereas on BSE, it debuted at a premium of 32% at Rs 775. The stock was issued at Rs … Read more
New Delhi: Ahead of listing at the Dalal Street on Monday, Archean Chemical Industries (ACIL) is commanding a stellar response in the grey market, signalling for a strong listing pop in the grey market. Last heard, the company’s shares were being dealt at a premium of Rs 120-125 in the unofficial market, translated into a … Read more
Along expected lines, Bikaji International made a decent debut on Dalal Street on Wednesday. The scrip, in comparison to the issue price of Rs 300, got listed at a premium of 8% at Rs 322.80 on National Stock Exchange (NSE) and at a premium of 7% at Rs 321.15 on BSE. However, following the listing, … Read more