Niva Bupa IPO GMP: The IPO of Niva Bupa Healthcare saw strong demand from retail investors, with the issue subscribed 1.28 times (128%) by the final day of bidding. By 11:15 am, retail investors had bid for 5.79 crore shares, 1.85 times their reserved portion. Qualified Institutional Buyers (QIBs) had subscribed 1.05 times their allocation.
Posts in category Economic Times
Tata Motors, Trent among 5 stocks with long buildup (11-11-2024)
Five stocks, including PFC, Tata Motors, Trent, OFSS, and Power Grid, saw long buildup on November 11, with rising open interest and stock prices, signaling bullish momentum in the market.
Low-risk investors can eye FMCG sector for 12-15% return: Sandip Sabharwal (11-11-2024)
Insurance as a sector which has that fits and starts and a sector which was always seen as a rising sector but has disappointed in terms of the earnings delivery actually if you see overall over the last few years. So, as a sector, I do not see it as a very exciting sector in the near term, at least the life insurance sector.
PFC shares jump 7% post Q2 results; Brokerages maintain bullish outlook (11-11-2024)
PFC Share Price: Power Finance Corporation shares rose 9% after reporting a 9% increase in Q2 profit, driven by higher revenues and loan growth. Brokerages Bernstein and CLSA maintain ‘Outperform’ ratings.
Goldman Sachs initiates coverage on Trent, sees upside potential of 27% (11-11-2024)
Goldman Sachs initiates coverage on Tata Group’s Trent with a target of Rs 8,000, expecting 27% upside. Zudio’s growth potential and Trent’s steady performance contribute to a positive outlook.
Sensex rises! These stocks are up over 10% on BSE (11-11-2024)
In the Nifty 50 index, 29 stocks were trading in the green, while 21 stocks were trading in the red.
Share market update: Most active stocks of the day in terms of total traded value (11-11-2024)
The NSE Nifty index was trading 109.6 points up at 24257.8
M&M emerging as leading auto pick amid positive tractor outlook: Sandip Sabharwal (11-11-2024)
Cement obviously benefited due to low fuel prices, etc, so they are sustaining the profitability. But in paints, like I have mentioned for the last three years, once Grasim becomes aggressive and once their products actually come into the market and they start pushing it because of the huge investments they have made in the paint segment, we will see margins getting squeezed for the existing players, so that started now.
BEL shares 0.45% as Nifty gains (11-11-2024)
The stock quoted a 52-week high price of Rs 340.35 and low of Rs 137.00.
Share market update: Most active stocks on D-Street today in terms of volume (11-11-2024)
The NSE Nifty index was trading 85.85 points up at 24234.05