Posts in category Economic Times
Vraj Iron and Steel IPO subscribed nearly 40 times so far on last day. Check GMP and other details (28-06-2024)
Analysts advised investors to subscribe to the Vraj Iron and Steel IPO as the company's well-established and strategically located manufacturing facilities, coupled with a focus on value-added products and ongoing expansion plans, position it for future growth. The company's shares are trading with a premium of Rs 90 in the unlisted market,
Shriram Finance shares decline 0.71% as Sensex slides (28-06-2024)
A total of 5,661 shares changed hands on the counter till 12:53PM (IST)
Banks may relatively underperform compared to rest of the market: Ajay Srivastava (28-06-2024)
The deal turnaround cycles are three months to six months. So, fundamentally the banks have a problem that the best customers of them can raise equity any point of time. Most of the India is getting deleveraged.
Tata Elxsi shares rise 0.12% as Sensex slides (28-06-2024)
A total of 7,798 shares changed hands on the counter till 12:48PM (IST)
Share price of Colgate-Palmolive rises as Nifty weakens (28-06-2024)
A total of 3,604 shares changed hands on the counter till 12:43PM (IST).
Bansal Wire announces price band for its Rs 745 crore IPO. Check details (28-06-2024)
Bansal Wire's IPO, priced at Rs 243-256 per share, opens on July 3. In Sep 2023, the company reported revenue of Rs 1154 crore and a profit of Rs 38.9 crore. With strong lead managers onboard, the IPO presents an attractive investment prospect for interested investors.
Info Edge rises 0.8% as Sensex slides (28-06-2024)
The stock traded at a P/E multiple of 150.83, while the price-to-book value ratio stood at 2.39.
Share price of United Spirits falls as Nifty strengthens (28-06-2024)
A total of 11,001 shares changed hands on the counter till 12:33PM (IST).
Bond inclusion positive for banks; return of FII flows to benefit private banks: Pranav Gundlapalle, Sanford C Bernstein (28-06-2024)
Private sector banks, particularly HDFC Bank, are poised for growth and profitability. Indian bond inclusion may impact liquidity and interest rates, benefiting the banking sector. Public banks face challenges in profitability and growth compared to private counterparts. Regulatory actions in the NBFC sector may favor established players like Muthoot, says Pranav Gundlapalle.
Mphasis shares gain 0.21% as Sensex rises (28-06-2024)
A total of 4,606 shares changed hands on the counter till 12:28PM (IST)