RK Swamy IPO shares: RK Swamy’s shares are poised to enter Dalal Street on Tuesday, March 12, 2024, with expectations of a modest arrival amidst heightened market volatility and muted listing gains for recent offerings. According to signals from the grey market, the company may debut at par or possibly even at a slight discount….
Mukka Proteins: Despite the anticipation surrounding Mukka Proteins’ Rs 224-crore public offering, it fell short of expectations. Nonetheless, upon its listing on March 7, the company’s stock soared with a 43 percent premium over its issue price. However, the grey market presented a contrasting scenario, with shares experiencing substantial triple-digit gains. This disparity highlights the…
LIC shares experienced a sustained decline, deviating from their usual performance and depreciating by 26% by November of the preceding year. On January 30, Life Insurance Corporation of India (LIC) reached a significant milestone by exceeding its issue price for the first time. This uptick followed the central bank’s approval for LIC to raise its…
Axis Securities states that NTPC is a solid choice for a portfolio due to its consistent dividend yield. It also notes that additional rerating potential may arise in the event that peak deficits rise in the future as well as from value unlocking through the use of green energy. On January 4, early trading saw…
Alok Industries: Preferential shares were privately placed with RIL at a dividend rate of nine percent. Once Reliance Industries Ltd (RIL) subscribed for non-convertible redeemable preferential shares worth Rs 3,300 crore on January 2, shares of Alok Industries surged by 20 percent and were locked in their upper circuit at Rs 25.80, also the highest…
SRF shares: Over the last six months, SRF stock has returned 8.26 percent. Over the same time period, the benchmark Nifty50 index has returned 12.47 percent. SRF Ltd shares rose nearly 1% in early trading on January 2 following the commissioning of an aluminum foil manufacturing facility, SRF Altech Limited, for Rs 536 crore. The…
L&T: Larsen & Toubro Construction’s Power Transmission & Distribution division has received significant orders in the Middle East region. According to an exchange filing, the company has received an order for the engineering, supply, construction, installation, testing, and commissioning of a 400/132kV Substation in the United Arab Emirates. On December 28, at 10:38 a.m., L&T…
