RITES, Fine Organic in focus on debut

Shares of RITES will debut on the bourses today, 2 July 2018. The initial public offer (IPO) of RITES received bids for 169.43 crore shares, as against 2.52 crore shares on offer, the National Stock Exchange of India (NSE) data showed. The issue was subscribed 67.24 times. The issue opened for subscription on 20 June 2018 and closed on 22 June 2018. The price band for the issue was fixed at Rs 180 to Rs 185 per share.

Shares of Fine Organic Industries will be listed on the stock exchanges today, 2 July 2018. The initial public offer (IPO) of Fine Organic Industries received bids for 4.82 crore shares, as against 53.65 lakh shares on offer, the National Stock Exchange of India (NSE) data showed. The issue was subscribed 8.99 times. The issue opened for subscription on 20 June 2018 and closed on 22 June 2018. The price band for the issue was fixed at Rs 780 to Rs 783 per share.

Maruti Suzuki India said that its total sales rose 36.3% to 1.44 lakh units in June 2018 over June 2017. The announcement was made on Sunday, 1 July 2018.

Mahindra & Mahindra's (M&M) total auto sales rose 26% to 45,155 units in June 2018 over June 2017. The announcement was made on Sunday, 1 July 2018.

Endurance Technologies said that the company plans to consolidate the manufacturing operations at its Manesar plant. Towards this, the company has decided to discontinue manufacturing activities at its plant situated at Manesar with effect from 31 August 2018. The announcement was made on Saturday, 30 June 2018.

Thermax has concluded an order of Rs 340 crore from a leading Indian steel manufacturer for a specially designed boiler, electric turbo generators and ancillary equipment for their production facility in Maharashtra. The announcement was made after market hours on Friday, 29 June 2018.

Powered by Capital Market - Live News