The NSE IPO has experienced delays since it initially filed its draft red herring prospectus (DRHP) in 2016. This was met with objections due to the co-location scam, where certain brokers gained an unfair advantage by obtaining faster access to NSE’s systems, data, and trading facilities, disadvantaging the broader market.
Posts in category All News
J.B. Chem is well-positioned to capitalize on immediate growth opportunities (08-11-2024)
J.B. Chem is well-positioned to capitalize on immediate growth opportunities & report 29% EPS CAGR over FY24-26E aided by strong growth from domestic business, 30% growth from acquired portfolios & scaling up of high margin CDMO business. TP ₹2217 (19%)
J.B. Chem is well-positioned to capitalize on immediate growth opportunities
Niva Bupa Health IPO gets 1.17 times subscription on day two of offer (08-11-2024)
The initial share sale got bids for 20,26,82,400 shares against 17,28,57,143 shares on offer, as per NSE data
Infollion Research Services Ltd – Moated Microcap with Differentiated business? (08-11-2024)
Hi,
I was looking at the PEG ratio; currently, it’s above 1. Does anyone here have a view on Infollion Research’s realistic valuation in the medium term (1 year)?
Samhi Hotels – Turnaround with Tailwinds (08-11-2024)
Only problem for low valuation now is shareholding structure, best case scenario is some big corporate house make a bid for controlling stake which is a real possibility, projected EV/EBIDTA is 10 for FY25, even takeover cant happen below 400 levels else it will be slow grind during upward journey post 230 levels. Invested for at least 3 years here, let the events unfold. STOCK WILL FIND ITS OWN RATE. One if best bet in current markets
Gold rises Rs 500; silver jumps Rs 800 amid wedding festivities (08-11-2024)
Gold prices rose Rs 500 to reclaim the Rs 80,000 mark in the national capital on Friday amid fresh buying by local jewellers and retailers for the wedding festivities, according to the All India Sarafa Association.
Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump (08-11-2024)
The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.
Zoomcar raises $9.15 mn from institutional investors (08-11-2024)
Self-drive car-sharing platform Zoomcar on Friday said it has raised USD 9.15 million (about Rs 76 crore) from institutional investors. The proceeds will be used for repayment of approximately USD 3.8 million in debt and the remaining amount for general corporate purposes and working capital needs.