Posts in category Business Standard
Derivative strategy: Bull spread recommended on SBI for May series (26-04-2024)
Stock price has broken out on the daily chart with higher volumes to close at all time high levels. Stock price has been forming bullish higher top higher bottom formation on the weekly charts
Nifty Auto, Energy face downward trend on charts: Check key levels here (26-04-2024)
The Nifty Auto Index, currently trading at 21,896.90, is exhibiting a downward trend on the near-term charts. Given this scenario, the optimal trading strategy would be to adopt a "sell on rise"
Traders complain of glitch in NSE system; Mkts gain for 5th session (25-04-2024)
IPO of heating equipment maker JNK India received 28.07 times subscription on the closing day of bidding
Emmforce Autotech’s Rs 53 cr IPO gets 365 times subscription on final day (25-04-2024)
Niche auto components manufacturer Emmforce Autotech on Thursday said its initial public offering received an overwhelming response from the investors as it was subscribed 365 times on the final day of bidding.
The Rs 53.90 crore initial share sale received bids for 1,33,27,10,400 shares against 36,57,600 shares on offer, the company said.
The category for Non-Institutional Investors (NII) fetched 862 times subscription, the quota for Retail Individual Investors (RII) subscribed 268 times and the Qualified Institutional Buyer (QIB) portion fetched 161 times subscription, bringing the overall subscription to 365 times on the last day of bidding on Thursday.
The Initial Public Offer (IPO) had a fresh issue of 54.99 lakh equity shares with a face value of Rs 10 each through the book-building route.
The IPO had a price range of Rs 93-98 a share.
On Monday, Emmforce AutoTech Ltd said it had raised Rs 15.34 crore from anchor investors.
The Panchkula-headquartered company manufactures a
Stock exchanges eye index derivatives amid new stock additions limbo (25-04-2024)
Market players await new policy around F&O stock inclusion
Smaller towns steal a march over bigger cities in folio adds, shows data (25-04-2024)
According to MF officials, the industry witnessed strong growth across metrics in FY 2024 on the back of a sharp rally in the equity market
Nasdaq down over 2%, Dow falls 500 points on US GDP growth data (25-04-2024)
Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue
L&T Technology Services simplifies its organizational structure (25-04-2024)
Into 3 new segments of Mobility, Sustainability and Hi-Tech
CRISIL update on transfer of ERP business to CRISIL ESG Ratings (25-04-2024)
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Board of Coromandel International approves change in directorate (25-04-2024)
With effect from 25 April 2024