Khadim India listed at Rs 727, a 3% lower against its issue price of Rs 750 per share on the BSE. The stock opened at Rs 730 on the NSE.
The stock surged 14% to Rs 671 on the BSE in early morning trade after the company reported 22% growth in net profit at Rs 56 crore in Q2FY18.
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
CRISIL's analysis shows that while average receivables days and cost of funds of MSMEs are declining, they still remain high
The tower sale will help bring down debt
Diversification across sectors to benefit from govt policies, relative attractiveness to benchmark indices will draw investors to the NFO, says MD & CEO of ICICI Prudential AMC
The cryptocurrency has dropped 5.6% since late Friday, and at one point extended its slide from last week's record to as much as 29%
For Wadia, the marriage meant her relationship with Mohammad Ali Jinnah would go into a chill
Nifty, Bank Nifty, Mahindra & Mahindra, Aurobindo Pharma, Coal India
Investors can either book profits in this ETF after their targeted return is achieved, or can use it as a defensive bet
A weak Index of Industrial Production for September, and rising retail inflation for October might have been triggers
The company has said banks will convert about Rs 7,000 crore of its debt to equity under the central bank's strategic debt restructuring plan
Sentiment has shifted toward companies with the reliable record of profits and sales growth
Though Q2 was a bit disappointing, analysts expect numbers to improve in the second half due to ramp-up of operations at new plants
Company braces for a lacklustre order inflow scenario in FY18
Dipam will take into consideration what happened with New India and GIC Re when it comes to pricing future IPOs from insurance sector
Will take advantage of rapid growth in general insurance space, says chairman Srinivasan
The Sensex fell 0.84 per cent, or 281 points to 33,034 with banking and energy stocks leading the fall
This is also the carrier's highest ever second quarter profit.
The company's market valuation also fell by Rs 860.89 crore to Rs 3,024.11 crore