Casagrand Premier Builder has filed a draft red herring prospectus with SEBI to raise Rs 1,100 crore through an IPO. The funds will be used for debt repayment and general corporate purposes. The IPO includes fresh issues worth Rs 1,000 crore and an offer for sale by promoters worth Rs 100 crore.
Posts in category Economic Times
Arkade Developers listing: After a bumper IPO response, GMP signals a strong debut on Tuesday (23-09-2024)
Shares of Arkade Developers have been heavily subscribed, over 100 times, and are set to debut on the exchanges on Tuesday. Ahead of the listing, the company’s shares are showing a grey market premium of Rs 63. Based on the upper price band of Rs 128, the stock is expected to list at a strong premium of 49% over the issue price.
GMP suggests Northern Arc Capital set for biggest listing gains among 3 IPO debuts on Tuesday (23-09-2024)
Northern Arc Capital shares are set to list on Tuesday, and are seeing a GMP of Rs 141, indicating a 53% premium over the issue price. The IPO was heavily subscribed. Proceeds will be used for future capital requirements.
Western Carriers shares to list tomorrow. Here’s what GMP signals ahead of the debut (23-09-2024)
Western Carriers shares are set to debut on the bourses on Tuesday. It is trading in the grey market with a GMP of Rs 10. The IPO was subscribed 31 times. Proceeds will be used for debt repayment and capital expenditure.
Smallcap multibagger stock surges 16% as Axis Securities predicts upside of over 40% (23-09-2024)
Axis Securities initiated coverage on Skipper with a buy rating and a target price of Rs 600. The stock surged 16% following the initiation. The brokerage firm is positive on Skipper’s strong order book, capacity, multi-year revenue visibility, large export market, and robust balance sheet.
Cryptocurrency Prices on September 23: Bitcoin surpasses $63,700; Ethereum, NEAR Protocol surge up to 9% (23-09-2024)
he cryptocurrency market saw significant gains on Monday, with strong performances from Bitcoin, Ethereum, BNB, Solana, and Avalanche. As of 12:27 PM IST, Bitcoin was up 1.3% at $63,703, and Ethereum had risen 3% to $2,656.
JM Financial initiates coverage on Aadhar Housing, sees upside potential of 30% (23-09-2024)
Aadhar’s focus on expanding its reach in existing markets and leveraging technology for efficient operations, along with its cost-effective branch expansion strategy, positions it well for sustainable growth.
Fed-friendly feeds: Subtle economic influence of social media (23-09-2024)
Between January 2022 and August 2024, the Federal Reserve executed its most aggressive interest rate increases since the 1980s, raising rates by a total of 5.25 percentage points. Remarkably, the US economy demonstrated resilience in the face of this monetary tightening, remaining stable while the S&P 500 index saw a gain exceeding 20%.
Share price of Max Healthcare falls as Sensex gains 252.34 points (23-09-2024)
A total of 73,433 shares changed hands on the counter till 02:10PM (IST)
Tube Investments shares drop 1.12% as Sensex rises (23-09-2024)
The stock quoted a 52-week high of Rs 4666.0 and a 52-week low of Rs 2881.3.