C2C Advanced Systems’ IPO grey market premium dropped to about 40% after SEBI intervened, prompting a listing postponement and a withdrawal option for investors. Sebi’s action follows concerns and requires an independent audit of the company’s financials. The IPO, initially subscribed nearly 96 times, faces scrutiny similar to Trafiksol ITS Technologies earlier this year.
Posts in category All News
Swiggy rallies 12% in 2 days after UBS initiates coverage with ‘Buy’ rating (27-11-2024)
UBS believes Swiggy is well positioned to benefit from the rapid growth in India’s food delivery and quick commerce markets with an estimated GMV and revenue CAGR of 35% and 29% over FY24-27e.
NTPC Green stock zooms 14% post steady debut; Should you book profit? (27-11-2024)
NTPC Green Energy shares posted a lacklustre D-Street debut with listing at Rs 111.60 apiece on the BSE, and Rs 111.50 apiece on the NSE on Wednesday
Zaggle hits the roof after inking pact with MasterCard (27-11-2024)
Zaggle Prepaid Ocean Services hit an upper circuit of 5% at Rs 490.65 after the company has entered into an agreement with Mastercard Technology (MasterCard) for 7 years.
Talbros Automotive Components and its JVs receive orders worth Rs 475 cr (27-11-2024)
Talbros Automotive Components (TACL), along with its JV’s has received orders worth Rs. 475 crore for both domestic and exports market from the leading OEM’s. These orders are to be executed over the period of next 5 years. These include:
Siemens shares 3.95% as Nifty gains (27-11-2024)
A total of 31,854 shares changed hands on the counter till 09:58AM (IST).
Capital Goods shares gain (27-11-2024)
Capital Goods stocks were trading in the positive zone, with the BSE Capital Goods index rising 611.96 points or 0.88% at 70159.57 at 09:47 IST.
Power stocks rise (27-11-2024)
Power stocks were trading with gains, with the BSE Power index increasing 80.34 points or 1.11% at 7333.73 at 09:47 IST.
Industrials stocks rise (27-11-2024)
Industrials stocks were trading with gains, with the BSE Industrials index increasing 142.01 points or 0.95% at 15127.28 at 09:47 IST.
Vinay Rajani of HDFC Securities recommends buying these 2 stocks on Nov 27 (27-11-2024)
Analyst has suggested buying two banking stocks; Check out the target price and stop loss