Page 565 - Markets

Nuvoco Vistas IPO: Analysts' take, grey market trend & all you need to know

Nuvoco Vistas IPO: Despite healthy operational performance, higher depreciation and interest cost have led to an inconsistent performance at the PAT level for Nuvovo Vista

Sona BLW surges 18% on strong Q1 results, healthy order book position

In Q1FY22, Ebitda margin improved to 27.7 per cent from 19 per cent in Q1FY21 due to better product mix and operating leverage

CarTrade Tech IPO: Here's why brokerages suggest subscribing to the issue

CarTrade is an electronic exchange focusing on auto sector and thus there is no peer company having similar business operations

Stocks to watch: Rolex Rings, Vodafone Idea, Shree Cement, BoB, IDBI Bank

Power Finance Corporation (PFC) has increased its global medium-term note programme from USD 5 billion to USD 8 billion

Glenmark Life Sciences slips below issue price as stock falls 5%

On Friday, August 6, 2021, the company had made a quiet debut on the bourses as the shares listed at Rs 751.10 on the BSE

BASF India zooms 33% in two days on robust June quarter results

The company reported a net profit of Rs 197.28 crore in Q1FY22 as against a loss of Rs 31.18 crore in Q1FY21

Laurus Labs hits record high; rallies 17% in 7 days post Q1 results

The management holds a positive outlook across all four businesses -- FDF, APIs, Synthesis and Bio -- and believes the outlook remains robust driven by improving demand and supported by capex

Market Ahead Podcast, August 9: Factors that could guide markets this week

Shares of Rolex Rings will make a debut on the bourses on August 9. The final price has been fixed at Rs 900 per share. Grey market trends suggest a strong listing for the company at Rs 1,350

Four IPOs to hit markets next week; aims to garner Rs 14,628 cr

So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21.

Macro-data expected to trigger equities' northward moves

India's key equity indices are expected to resume their northward trajectory during the upcoming week, experts opined.

Windlas Biotech IPO oversubscribed 22.46 times on closing day

The initial public offer of Windlass Biotech, a manufacturer of pharmaceutical formulations, was subscribed 22.46 times on Friday, the closing day for subscription. The three-day IPO received bids for 13,77,39,750 shares against 61,36,252 shares on offer, as per NSE data. The category for Qualified Institutional Buyers(QIBs) was subscribed 24.40 times, non-institutional investors 15.73 times, and retail individual investors(RIIs) 24.27 times. The initial public offer had a fresh issue of up to Rs 165 crore and an offer for sale of up to 51,42,067 equity shares. The Rs 401.53-crore offer had a price range of Rs 448-460 per share. Windlas Biotech on Tuesday raised over Rs 120 crore from anchor investors. The proceeds from the IPO will be utilised for purchasing of equipment required for capacity expansion of the facility at Dehradun Plant-IV and addition of injectables dosage capability at the facility at Dehradun Plant-II. It will also be used for funding incremental working capi

Sebi relaxes sweat equity norms for new-age technology cos

Markets regulator Sebi on Friday decided to provide relaxations on the quantum of sweat equity that can be issued by new-age technology companies listed on the Innovators Growth Platform. Sebi said the maximum yearly limit of sweat equity shares that can be issued by a company listed on the mainboard has been prescribed at 15 per cent of the existing paid-up equity share capital within the overall limit not exceeding 25 per cent of the paid-up capital at any time. In the case of the companies listed on Innovators Growth Platform (IGP), the yearly limit will be 15 per cent and the overall limit will be 50 per cent of the paid-up capital at any time, the regulator said in a press release after its board meeting. This enhanced overall limit for IGP will be applicable for 10 years from the date of the company's incorporation, it added. The board approved the merger of two separate regulations -- Sebi (Share Based Employee Benefits) Regulations, 2014, or SBEB, and Sebi (Issue Of Sweat .

Market Wrap Podcast, August 6: All that happened in the markets today

Reliance Industries single-handedly knocked benchmark Sensex and Nifty off their all-time high levels

Sensex falls 215 pts post RBI policy; Nifty at 16,238; RIL sheds 2%

Stock market LIVE: The RBI pegged real GDP growth forecast for FY22 at 9.5 per cent and at 17.2 per cent for FY23.

Policy normalisation process has already kicked off

Overall RBI monetary policy was on expected lines and the policy statement highlighted its commitment to do whatever it takes to ensure financial stability

Tata Chemicals rallies 10%, hits record high on strong Q1 results

With the business environment steadily improving, the company is well-positioned to grow across customer segments, the management said.

Amazon vs Future Grp: Tech charts show 20% downside in Future Group stocks

Future Group stocks were locked in their respective lower circuit bands, triggering bearish moves in the counters

Barbeque Nation Hospitality zooms 37% in 4 days after strong Q1 results

The company said it reported a strong recovery in sales at 86 per cent in July 2021 as compared to the same month of the previous year

Glenmark Life Sciences makes a quiet debut, lists 4% above issue price

Post listing, the stock moved higher to Rs 799.50, 11 per cent higher against issue price

SC stalls Future Retail deal with Reliance; Group stocks tumble up to 16%

The apex court allowed the appeal filed by Amazon against a Delhi High Court order staying attachment of properties of Future Group companies