ArMee Infotech IPO is a book build issue of ₹300 crores. The issue is entirely a fresh issue of 80 lakh shares
The offer received bids for 90.83 crore shares as against 87.93 lakh shares on offer. The issue was subscribed 103.30 times.
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.08 per cent and 0.23 per cent lower, respectively
The IPO has a price band of ₹140 to ₹148 per share. The lot size for an application is 101 shares, meaning retail investors need to invest a minimum of ₹14,850 for one lot
The NSE IPO received a strong response from investors. Against the 8.86 crore shares offered, bids were received for around 50.40 crore shares.
The deal was executed in the morning block deal session at the price of ₹360 compared with the previous close of ₹368, marking a 2.17 per cent discount.
ONGC struck gas at its first Mahanadi Basin well, MN-DW18-1-H-D, at a depth of 1,441-1,452 metres, around 43 km off Konark.
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.29 per cent and 0.07 per cent, respectively
The NSE IPO closes for bidding on September 21. The exchange has set a price band of ₹1,700-1,785 per share.
Raymond stock has gained 5.46 per cent over the past week, 64.43 per cent in the last month, 148.48 per cent year-to-date, and 70.42 per cent over the past year.
Bogged down by crude oil prices trading above $100, the Nifty 50 index has lost 5 per cent during the six-week selloff, which is also its longest since 2020.
Manika Plastech shares listed flat at ₹43 on both BSE and NSE. The issue was subscribed 28.14 times.
Brokerage firm Emkay said, about a year after listing, Tata Capital continues to impress with its execution, with growth, asset quality, credit costs, and profitability broadly tracking guidance
Stocks to watch today: IOCL, HPCL, BPCL, Asian Paints, IndiGo, among others, will be in focus following a decline in crude oil prices.
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 1.24 per cent and 1.74 per cent, respectively
The NSE opened for subscription on Thursday and will remain open till Monday, September 21. The exchange has set a price band of ₹1,700-1,785 per share.
Jefferies expects Adani Energy Solutions to deliver double-digit growth over the medium term.
Gold may rise to test the resistance zone of $4520-$4535. However, oil prices rising further will pose a downside risk to this possibility.
Silver may rise further to test resistance around $68 as yields, after relentless rise in last few days, can correct further. Interim resistance is seen at $66.55. Support is at $64.50-$62.80
Tata Sons cleared N. Chandrasekaran's five-year reappointment and its proposed listing. Tata Trusts has opposed both the reappointment and listing, citing the Trusts' public-purpose role in the group.