The share price of NephroCare India rose dramatically on Friday following a robust reaction to its first public offering. Nephro Care shares were offered at ₹171 per share on the NSE SME, a 90% increase from the IPO price of ₹90. Before the offering, Nephro Care India’s IPO GMP was ₹175 per share, representing a…
Emcure Pharmaceuticals IPO subscription status: On the third day of bidding, the whole share of the Emcure Pharma IPO was oversubscribed, with non-institutional investors taking the lead. According to BSE data, the subscription status for Emcure Pharmaceuticals IPO is 11.63 times as of 13:00 IST. Non-institutional investors subscribed 31.67 times, with retail investors booking 5.36…
Bansal Wire IPO: Bansal Wire Industries Limited, a significant participant in the steel wire business, launched its initial public offering on July 3rd, 2024, and will remain available until July 5th. So, Indian primary market investors have only one day to apply for the Bansal Wire IPO. Based on the Bansal Wire IPO subscription status,…
Bansal Wire IPO subscription status: On the first day of bidding yesterday, Wednesday, July 3, the initial public offering (IPO) of steel wire maker Bansal Wire Industries Ltd got off to a strong start with a large number of subscriptions from retail and non-institutional investors. According to BSE data, the subscription status of Bansal Wire…
Emcure Pharmaceuticals IPO: Bidding for the initial public offering (IPO) began on July 3, 2024, and will stay open until July 5, 2024. This implies the public issue will be open until Friday this week. Emcure Pharmaceuticals’ IPO price ranges from ₹960 to ₹1008 per equity share. According to the Emcure Pharmaceuticals IPO subscription status,…
Bajaj financing’s stock rose more than 1% in early trading on Thursday after the non-banking financing company (NBFC) published a solid business update for the first quarter of FY25. As of June 30, 2024, Bajaj Finance’s total assets under management (AUM) increased by 31% to ₹354,100 crore, from ₹270,097 crore in June 2023. According to…
In the June 2024 quarter, Federal Bank’s gross advances increased by 20% to ₹2,24,139 crore from ₹1,86,593 crore in the previous year, leading to an increase in share price. On Wednesday, Federal Bank’s share price rose more than 4% to a new 52-week high after the lender published a good business update for the first…
The Vraj Iron and Steel IPO will be listed on the bourses today (Wednesday, July 3) at 10:00 IST. According to the BSE website, Vraj Iron & Steel’s stock price will be listed in a special pre-open session on both the BSE and NSE during Wednesday’s transactions. Today’s share price for Iron and Steel will…
HDFC Bank share price rose as FIIs holding less than 55% of the bank’s shares might result in a large weight change from 3.8% to 7.2% to 7.5%, potentially triggering $3.2 billion to $4 billion in inflows. In early trade on Wednesday, HDFC Bank shares rose more than 3% to a 52-week high apiece on anticipation…
Jio and Airtel 5G: Consumer spending on telecom services, including taxes, is projected to increase by approximately Rs 47,500 crore annually due to significant tariff hikes from India’s major telecom companies and higher rates for 5G services, as reported by The Economic Times (ET). Reliance Jio and Bharti Airtel have implemented substantial cost increases to…
