Manba Finance’s IPO GMP: saw strong demand, being subscribed 119.72 times on the final day. Non-institutional investors led with 323.15 times bids, while retail and QIB portions were also oversubscribed. The company aims to raise Rs 151 crore through this fresh issue, primarily to bolster its capital base.
Posts in category Economic Times
Mayur Milak on how will landscape of Indian aviation sector change? (25-09-2024)
I think Tatas as a group will have their own set of challenges to merge the two biggies together. SpiceJet of course has raised money, but it is not going to be an easy task.
Tube Investments shares down 1.77% as Nifty falls (25-09-2024)
The stock quoted a 52-week high price of Rs 4666.0 and low of Rs 2881.3.
Shriram Finance shares fall 1.38% as Nifty drops (25-09-2024)
The stock quoted a 52-week high price of Rs 3622.45 and a 52-week low of Rs 1760.9.
Avenue Supermart declines 1.32% as Sensex slides (25-09-2024)
The stock traded at a P/E multiple of 130.91, while the price-to-book value ratio stood at 15.76.
Colgate-Palmolive share price down 1.14 per cent (25-09-2024)
A total of 2,250 shares changed hands on the counter till 12:16PM (IST).
Share price of Ambuja Cements falls as Sensex drops 110.15 points (25-09-2024)
Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 9.58 per cent and 5.53 per cent, respectively.
DLF shares down 0.39% as Sensex falls (25-09-2024)
A total of 34,704 shares changed hands on the counter till 12:07PM (IST)
No bear case, even a 5% or 10% correction seems unlikely as money is ready to buy the dips: Dipan Mehta (25-09-2024)
Dipan Mehta, Director of Elixir Equities, believes that the Indian market is poised for a significant rise due to strong capital inflows. He suggests that banks and NBFCs could lead this growth. Despite recent corrections in PSUs, their valuations may become attractive again with positive quarters ahead. He further says Sensex and Nifty can surge 10-15% in a short time.
Tata Power share price down 0.89 per cent (25-09-2024)
A total of 504,548 shares changed hands on the counter till 12:02PM (IST).