Mukka Proteins IPO: On March 1, the Rs 224-crore initial public offering (IPO) of Mukka Proteins saw a robust subscription rate, being subscribed 4.55 times by the end of the second day of bidding. Retail investors took the lead in the subscription race, showing significant interest by subscribing 7.1 times the quota of shares allocated…
Sadhav Shipping: On March 1, the stock of Sadhav Shipping was listed at a 42.1 percent premium over the IPO price, making a respectable debut. The stock price on the NSE SME platform is RS.95, with an issue price of This. It started at 135 Before the official listing, the shares were trading at a…
Bitcoin: The ongoing rally in the crypto market persisted as Bitcoin experienced another surge on Thursday, reaching close to the $64,000 mark for the first time in roughly 27 months. As the largest cryptocurrency by market capitalization, it surged by approximately 11 percent, bringing its total valuation to $1.24 trillion. The significant surge in Bitcoin…
Zee Entertainment: On February 29, Zee Entertainment Enterprises’ stock dropped about 3% as a result of Sony Pictures Networks India formally withdrawing its proposal for a merger with the media behemoth that it had provided information to the National Company Law Tribunal. The Zee shares were trading on the NSE at Rs 158.75 at 1:23…
Patanjali Foods shares: In early morning trade today, the Supreme Court issued a contempt notice to Patanjali Ayurved, owned by Ramdev, and its managing director, Acharya Balakrishna, for breaching their commitment not to rephrase their statements. to make false claims when promoting their medications. As a result, shares of the FMCG company Patanjali Foods fell…
Exicom Tele-Systems: On its first day of opening on Tuesday, the initial public offering (IPO) of Exicom Tele-Systems Ltd. saw overwhelming interest from retail investors and non-institutional buyers (HNIs), with subscriptions exceeding 10 times the offering. The IPO, priced at ₹135–142 per share, has garnered significant attention. According to NSE data, the ₹429-crore IPO received…
Bharat Highways InvIT IPO: The initial public offering (IPO) of Rs 2,500 crore by Bharat Highways InvIT will begin with bidding on Wednesday, February 28, and be open for subscription until Friday, March 1. The fixed pricing range for the units offered by Bharat Highways Infrastructure Investment Trust (InvIT) is Rs 98–100 per unit. Investors…
Canara Bank, a Public Sector Unit (PSU) lender, announced on Monday that the board has approved a stock split that will divide each share into five shares to increase the liquidity of the bank’s shares and make them more accessible to regular investors, according to an exchange filing. Canara Bank has informed us that the…
GPT Healthcare IPO: As of 5 p.m., 8.52 times had been subscribed to the IPO; QIBs had subscribed 17.30 times their quota, while the NII component had subscribed more than 11 times. In short On the last day, the GPT Healthcare IPO was oversubscribed. QIBs and NIIs exhibit robust demand for the IPO. Despite decreased…
YES Bank shares: The stock traded below its 5-day, 10-day, 20-day, and 30-day simple moving averages (SMAs), but remained above the 50-day, 100-day, 150-day, and 200-day SMAs. Its 14-day relative strength index (RSI) stood at 40.40. When the Relative Strength Index (RSI) falls below 30, it signifies oversold conditions, whereas a reading above 70 indicates…
