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Page 1986 - Markets News

Ircon shed 7% even as OFS is oversubscribed, Mtar Tech gets 4x bids

Easy Trip Planners of easemytrip.com fame to launch Rs 510-crore IPO on Monday

Ircon shed 7% even as OFS is oversubscribed, Mtar Tech gets 4x bids
Updated On : 18 Mar 2021 | 12:52 PM IST

Easy Trip IPO subscribed 2.3 times on Day-1, issue closes Wednesday

On Friday, the company allotted shares worth Rs 229 cr, or 45% of the total issue size to anchor investors

Easy Trip IPO subscribed 2.3 times on Day-1, issue closes Wednesday
Updated On : 18 Mar 2021 | 12:52 PM IST

Flurry of IPOs: Sebi sounds alert on threat of technical glitches

Asks intermediaries to stagger the offerings as much as possible

Flurry of IPOs: Sebi sounds alert on threat of technical glitches
Updated On : 18 Mar 2021 | 12:52 PM IST

Easy Trip IPO subscribed 7x on Day 2

Easy Trip has set a price band of Rs 186-187 per share

Easy Trip IPO subscribed 7x on Day 2
Updated On : 18 Mar 2021 | 12:52 PM IST

Bumper listing? Easy Trip shares trade at 70% premium in grey market

Easy Trip is the only profitable company among the key online travel players

Bumper listing? Easy Trip shares trade at 70% premium in grey market
Updated On : 18 Mar 2021 | 12:47 PM IST

Edelweiss Financial Services shares locked in 5% lower circuit

The financial services company's stock has corrected 13 per cent from its 52-week high level of Rs 91.70, touched on Tuesday, March 16

Edelweiss Financial Services shares locked in 5% lower circuit
Updated On : 18 Mar 2021 | 12:28 PM IST

TCNS Clothing surges 14%, hits fresh 52-week high on heavy volumes

Accelerated store addition plans, coupled with diversification into newer categories (footwear and Aurelia Girls), are expected to fuel growth going forward

TCNS Clothing surges 14%, hits fresh 52-week high on heavy volumes
Updated On : 18 Mar 2021 | 11:54 AM IST

Wish to bet on Dolly Khanna's stocks? Here is how they look on charts

Shares of Nocil and Butterfly Gandhimathi Appliances are seeing buying momentum even in the overbought territory, indicating underlying strength

Wish to bet on Dolly Khanna's stocks? Here is how they look on charts
Updated On : 18 Mar 2021 | 11:46 AM IST

Astral Poly Technik extends fall as stock turns ex-bonus in ratio of 1:3

Astral Poly Technik has outperformed the market by surging 59 per cent in the past three months, against 6.6 per cent gain in the Sensex

Astral Poly Technik extends fall as stock turns ex-bonus in ratio of 1:3
Updated On : 18 Mar 2021 | 10:47 AM IST

Dixon Technologies surges 14%, hits new high as it turns ex-stock split

Dixon Technologies said the rationale behind the stock split is to encourage wider participation of small investors and to enhance the liquidity of the equity shares at the stock market.

Dixon Technologies surges 14%, hits new high as it turns ex-stock split
Updated On : 18 Mar 2021 | 10:05 AM IST

BHEL gains 7% on emerging lowest bidder for NPCIL's Rs 10,800 cr tender

The company has emerged as lowest bidder for tender worth Rs 10,800 crore for fleet mode tender floated by Nuclear Power Corporation of India (NPCIL) for the 6x700 MW Turbine Island Package Projects.

BHEL gains 7% on emerging lowest bidder for NPCIL's Rs 10,800 cr tender
Updated On : 18 Mar 2021 | 9:43 AM IST

Stocks to watch: PNB, BHEL, TVS Motor, IOC, Satin Creditcare, IRCTC

India Ratings and Research (Ind-Ra) has upgraded Mindtree's long-term issuer rating to 'IND AAA' from 'IND AA+'

Stocks to watch: PNB, BHEL, TVS Motor, IOC, Satin Creditcare, IRCTC
Updated On : 18 Mar 2021 | 8:48 AM IST

Market Ahead, March 18: All you need to know before the Opening Bell

Punjab National Bank has set up a wholly-owned subsidiary to manage its credit card business, the bank said on Wednesday

Market Ahead, March 18: All you need to know before the Opening Bell
Updated On : 18 Mar 2021 | 8:17 AM IST

Asian stocks set to mostly rise after Federal Reserve projects US GDP surge

Asian stocks were set for modest gains after the Federal Reserve pledged to keep monetary policy and rates unchanged and projected a rapid jump in US economic growth this year as the pandemic eases

Asian stocks set to mostly rise after Federal Reserve projects US GDP surge
Updated On : 18 Mar 2021 | 6:40 AM IST

Gland Pharma rises after bagging deal to supply Russia's Covid-19 vaccine

Analysts upbeat about company's revenues, but say it will have to bump up its capacity quickly to meet the Russian order

Gland Pharma rises after bagging deal to supply Russia's Covid-19 vaccine
Updated On : 18 Mar 2021 | 1:41 AM IST

PNB Housing Finance: Successful fundraise key to sentiment revival

Asset quality issues and pale growth justify the weak valuation

PNB Housing Finance: Successful fundraise key to sentiment revival
Updated On : 18 Mar 2021 | 1:39 AM IST

Laxmi Organic IPO bought 107 times; Nazara Technologies opens strong

The institutional investor portion of the IPO was subscribed 175 times

Laxmi Organic IPO bought 107 times; Nazara Technologies opens strong
Updated On : 18 Mar 2021 | 1:34 AM IST

Aditya Birla AMC considering IPO, may join fund houses in opting to list

SBI AMC, India's largest asset manager, is said to be planning an IPO too

Aditya Birla AMC considering IPO, may join fund houses in opting to list
Updated On : 18 Mar 2021 | 1:31 AM IST

Don't get complacent about momentum and valuations: Kenneth Andrade

Earnings will come back but that does not always mean stock valuations will go up, says Founder & Chief Investment Officer, Old Bridge Capital

Don't get complacent about momentum and valuations: Kenneth Andrade
Updated On : 18 Mar 2021 | 1:30 AM IST

USA's Carlyle offloads 4.3% stake in SBI Cards, gets Rs 3,944 crore

The company acquired 26 per cent stake in SBI Cards from the GE group for Rs 2,000 crore in 2017.

USA's Carlyle offloads 4.3% stake in SBI Cards, gets Rs 3,944 crore
Updated On : 18 Mar 2021 | 1:29 AM IST