Posts in category Business Standard
Dairy products’ stocks rally post Hatsun Agro’s Q1 results; Dodla zooms 20% (20-07-2023)
The industry is likely to benefit from the much-anticipated flush season during October-November 2023
Yatharth Hospital IPO on Jul 26, sets price band at Rs 285-300/share (20-07-2023)
Yatharth Hospital & Trauma Care Ltd has set a price band of Rs 285-300 per share for its initial share sale, which will open for public subscription on July 26, according to market sources.
The public issue will conclude on July 28 and the bidding for anchor investors will open on July 25, according to the red herring prospectus (RHP).
The IPO comprises a fresh issue of equity shares aggregating up to Rs 490 crore and an offer-for-sale (OFS) of up to 65.51 lakh equity shares by the company's promoters and promoter group entities.
The firm intends to utilize the net proceeds for repayment of debt, funding capital expenditure expenses, funding inorganic growth initiatives through acquisition and other strategic initiatives, and for general corporate purposes.
At the upper end of the price band, the issue is expected to fetch Rs 677 crore and at the lower end Rs 687 crore.
Half of the issue size has been reserved for qualified institutional investors, 35 per cent for retail investors
Krsnaa Diagnostics slips 15% as Rajasthan NHM cancels agreement (20-07-2023)
The National Health Mission, Rajasthan has cancelled the letter of acceptance (LoA) for providing laboratory services in the state under the free diagnostics initiative on the hub and spoke model.
Newgen hits new high on strong Q1 results; zooms 126% so far in 2023 (20-07-2023)
The company has reiterated its guidance of 20 per cent topline growth and EBITDA margin of 20-21 per cent in FY24.
ITC hits new high on heavy volumes; enters Rs 6-trillion market cap club (20-07-2023)
FPIs increased their stake in ITC to 14.51 per cent at the end of the June quarter, up from 14.21 per cent seen at the end of March quarter
Dr Reddy’s gains nearly 3% post completion of USFDA inspection at AP unit (20-07-2023)
The stock hit a fresh 52-week high at Rs 5,360, and has rallied over 19 per cent in less than two months.
RIL gains 2% as it trades ex-Jio Financial; JFS valued at Rs 262 on NSE (20-07-2023)
Jio Financial Services was valued at Rs 251 on the BSE and Rs 262 on the NSE, as the price of RIL (ex-JFS) settled at Rs 2,589 and Rs 2,580, respectively, on both the exchanges.
$46 bn rally shows optimism is returning for India’s IT companies (20-07-2023)
The NSE Nifty IT Index has climbed 18% from an April low, adding about $46 billion in market value. The 10-member gauge has turned the rally up a notch in July
Stocks to watch: RIL, HUL, Infosys, Bank of Maha, L&T Finance, Tata Coffee (20-07-2023)
Stocks to watch on July 20, 2023: From Reliance Industries to Hindustan Unilever, check out the top stocks to watch in Thursday's trading session
Stock Market LIVE: Sensex, Nifty hit new record highs; ITC up 2%, RIL 1% (20-07-2023)
Stock market LIVE updates on July 20: Reliance Industries is the top stock on the benchmark indices, ruling 1 per cent higher, at Rs 2,614