Posts in category Business Standard
HDFC Bank slide triggers worst day for market in last 18 months (17-01-2024)
The latest decline in the markets wiped Rs 4.59 trillion off investors' wealth. The India VIX -- gauge of volatility -- rose to its highest since March 2023, ending at 15.08
Medi Assist’s Rs 1,171 cr IPO subscribed 16.25 times on last day of bidding (17-01-2024)
The Initial Public Offering (IPO) of Medi Assist Healthcare Services received 16.25 times subscription on the last day of bidding on Wednesday.
The Rs 1,171.57 crore-IPO received bids for 31,87,78,530 shares, against 1,96,19,719 shares on offer, as per NSE data.
The category for Qualified Institutional Buyers (QIBs) got subscribed 40.14 times, while the portion for non-institutional investors fetched 14.85-times subscription. The quota for Retail Individual Investors (RIIs) got subscribed 3.19 times.
The initial public offer was entirely an Offer-for-Sale (OFS) of up to 2,80,28,168 equity shares. It had a price range of Rs 397-418 a share.
Medi Assist Healthcare Services, the Bessemer Ventures and Investcorp-backed third-party insurance administrator, on Friday raised Rs 351.5 crore from anchor investors.
The selling promoters include company chairman Vikram Jit Singh Chhatwal, Medimatter Health Management, Bessemer Health Capital, and Investcorp Private Equity Fund.
Medi Assist
Rupee down by 1 paisa at 83.13 against dollar amid domestic equity selling (17-01-2024)
Foreign Institutional Investors (FIIs) were net buyers in the equity market on Tuesday as they bought shares worth Rs 656.57 crore, according to exchange data
Fund flows in IT stocks set to rise on positive earnings surprise: Report (17-01-2024)
Shares of India's IT companies, which earn a significant share of their revenue from the U.S., surged 16.13% in the final two months of 2023, exceeding the benchmark Nifty 50's 13.9% gain
Oil falls as China’s recovery misses expectations, dollar strengthens (17-01-2024)
China's economy in the fourth quarter expanded by 5.2% year on year, missing analysts expectations and calling into question forecasts that see Chinese demand fuelling 2024 global oil growth
Stock market crash: Here’s what sent Sensex, Nifty into free fall on Jan 17 (17-01-2024)
Stock market crash today: HDFC Bank's disappointing Q3 performance abetted profit booking in Sensex and Nifty along with a global market rout as rate cuts-related optimism waned
Capri Global zooms 29% in 2 days; to consider bonus, stock split on Jan 27 (17-01-2024)
The board of CGCL is scheduled to meet on January 27, 2024 to consider issuance of bonus shares and approval of sub-division/split of the equity shares of the company
PTC surges 10% as arm signs long-term supply pact with Dassault Aviation (17-01-2024)
The purchase agreement signed between Aerolloy Technologies, wholly owned subsidiary of PTC, and the French military aircraft giant is a 'multi-year' pact
Adani stocks found buyers in India’s retail investors during Hindenburg row (17-01-2024)
Individual holdings in nine of the group's 10 stocks at the end of December are higher than they were before the short-seller's attack on the conglomerate, exchange data compiled by Bloomberg show
Gold price dips Rs 110 to Rs 63,330, silver falls Rs 300 to Rs 76,500 (17-01-2024)
The price of 22-carat gold slipped Rs 100, with the yellow metal selling at Rs 58,050