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
New Delhi: Domestic equity markets ended the week on a higher note, extending the gains on the back of upbeat earnings from India Inc and supportive global cues. Both benchmark indices – BSE Sensex and Nifty50- jumped more than 2 per cent each. Midcap and smallcap indices also ended in red, whereas fear gauge index … Read more
The festive lights have lifted the mood on Dalal Street, but apparently failed to light up Tracxn Technologies’ fate on Wednesday, just a day ahead of its listing on the bourses, if one goes by the grey market premium. According to market watchers, the company is witnessing negligible trades in the unofficial market as it … Read more
Shares of Electronics Mart India made a stellar debut on the bourses on Monday, but saw some profit-booking amid wild swings on Dalal Street. The shares of the company got listed at a premium of 53 per cent on National Stock Exchange (NSE) at Rs 90, over the issue price of Rs 59. On BSE, … Read more
New Delhi: Despite a rampant selloff in the broader markets, Harsha Engineers International (HEIL) made a strong debut on bourses on Monday. Harsha Engineers was listed a premium of 36 per cent at Rs 450 on National Stock Exchange (NSE) against an issue price of Rs 330, whereas the scrip debut at Rs 444 on … Read more
(TMB) made a muted debut at Dalal Street on Thursday and further disappointed the investors on the day, when Nifty Bank topped record highs. The century-old private lender was listed at Rs 510 on BSE, exactly the issue price, whereas its debuted at a discount of 3 per cent Rs 495 on National Stock Exchange … Read more
Indian market closed in the green for the second consecutive day on Friday. The S&P BSE Sensex rose more than 100 points while the Nifty50 reclaimed 17800 levels. Sectorally, buying was seen in IT, banks, metal, auto, public sector, and healthcare stocks while some selling was visible in telecom, utilities, power, and realty space. Stocks … Read more
Industries’ much-awaited 45th annual general meeting (AGM) may spell out details on the succession plan, including the roles of next-generation Ambanis: Isha, Akash, Anant, and also the 5G rollout. The market is expecting the oil-to-telecom major to provide a timeline for the demerger or the initial public offering (IPO) of its two entities Reliance Jio … Read more