At the time the price was decided, the stock ran up a lot after that, that’s why the discount looks huge. Just see the price action for the past few days and you’ll know what i mean.
Posts in category All News
Bajaj Finance Q1 Update: New loans rise 10% YoY; AUM jumps 31% to Rs 3,54,100 crore (03-07-2024)
In its quarterly update announced on Wednesday after market hours, Bajaj Finance stated that it has resumed loan sanctions and disbursals under the ‘eCOM’ and ‘Insta EMI Card’ programs, as well as the issuance of EMI cards, following the RBI's removal of restrictions on these activities on May 2, 2024.
Election results boosted Indian markets, generated enthusiasm in the world, says PM Modi (03-07-2024)
PM Modi stated that the 2024 general election results demonstrated that people had rejected propaganda and voted for performance. Modi has been elected as Prime Minister for the third time, a feat previously only achieved by Jawaharlal Nehru.
Amaravati will be rebuilt by restoring investor confidence, brand image: Andhra CM Naidu (03-07-2024)
Andhra Pradesh Chief Minister N Chandrababu Naidu vowed to rebuild Amaravati, overcoming hurdles from the previous YSRCP regime by restoring investor confidence and reconstructing the city's brand image. He plans to execute the project swiftly, incorporating modern advancements from the existing masterplan developed with Singapore. Naidu highlights Amaravati's historical significance and potential to generate jobs and tax revenue, aiming to revive the city's economy and reputation.
Krishca Ltd : A SME offering steel strapping Solution (03-07-2024)
How to interpret the preferential issue price of 233 which is way below the current CMP.
Is it negative for the stock price?
It is like sureshot 70% profit for the preferential allottes.
Why can’t they go for debt if they are so much confident about their growth?