Posts in category Economic Times
IPOs won’t be a no-exit entry, say experts after Sebi makes delisting easier (28-06-2024)
Describing the new rule as a potential game changer that could enhance merger and acquisition (M&A) deal activity, Abhishek Dadoo of Khaitan & Co. pointed out that the old regime allowed delisting through a reverse book build process, which sometimes led to excessively high prices. This often made delisting financially impractical for companies.
Coal India, South Indian Bank among 17 deep value stock ideas from ICICI Securities (28-06-2024)
Domestic brokerage firm ICICI Securities has listed 17 stock ideas, categorizing them as deep value stocks, stating that the proportion of ‘investable value stocks within large-caps remained steady while the same has been diminishing to historical lows within mid and small-caps.
Emcure Pharma announces price band for Rs 1,952-crore IPO at Rs 960-1,008/share. Check GMP, other details (28-06-2024)
Emcure Pharmaceuticals has announced its initial public offering (IPO) with a price band of Rs 960 to Rs 1,008 per equity share. The subscription for the IPO will open on Wednesday, July 3, and close on Friday, July 5. The floor price and cap price of the issue are set at 96 times and 100.80 times the face value of the equity shares, respectively.
Siemens shares down 1.43% as Sensex rises (28-06-2024)
A total of 5,867 shares changed hands on the counter till 02:10PM (IST)
Stanley Lifestyles to double business in next four years; expand in major metros: CMD (28-06-2024)
Stanley Lifestyles, a luxury furniture maker, focuses on major metros and aims to double business by localizing raw material production through European joint ventures, reducing import dependency.
Chola Inv Finance shares down 1.6% as Sensex rises (28-06-2024)
A total of 20,137 shares changed hands on the counter till 02:05PM (IST)
Voltas shares fall 1.37 per cent in Friday’s trading session (28-06-2024)
The Relative Strength Index of the stock stood at 56.35 on Friday.
LTIMindtree shares down 0.17% as Nifty gains (28-06-2024)
A total of 15,274 shares changed hands on the counter till 01:55PM (IST).
Share price of Varun Beverages falls as Nifty strengthens (28-06-2024)
A total of 22,555 shares changed hands on the counter till 01:50PM (IST).
Shares of Tube Investments rise as Nifty gains (28-06-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 3573.04.