The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got subscribed 2.37 times on the third day of the bidding on Thursday, helped by institutional buyers. This is the largest IPO in the country, surpassing LIC’s initial share sale of Rs 21,000 crore. The Rs 27,870 crore initial share sale got bids for 23,63,26,937 shares against 9,97,69,810 shares on offer, translating into 2.37 times subscription, as per NSE data.
Swiss gold exports to India fall to lowest level since Jun on lower supply (17-10-2024)
This year’s 30 per cent gold price rally, which took spot prices to a record high of $2,696.59 per troy ounce on Thursday, has been affecting physical demand in price-sensitive Asian markets
Mazagon Dock: aptly called “Ship Builder to the Nation” (17-10-2024)
Stock split is on cards.
Ready to pay entire money to lenders, if…: Byju (17-10-2024)
Troubled edtech firm Byju’s founder Byju Raveendran on Thursday said that he is willing to pay back the entire money to lenders if they are willing to work with him. During a two-and-a-half-hour call with the media, Raveendran said that lenders will not get any money if the process of insolvency against the company continues. “If they are willing to work with me, I am willing to give them money back before I take a single rupee out.
Record outflows: FPI selling this month reverberate covid selloff (17-10-2024)
Previously, record high DII flows for a calendar year were in 2022 when they had pumped in Rs 2.8 trillion, of which Rs 1.86 trillion came from MFs
JEENA SIKHO- seems shady, one off? (17-10-2024)
Recent management call: https://youtu.be/cInkld2jZR8?si=J9ANYQ9o2zG_yjVe
The harsh portfolio! (17-10-2024)
What’s your investment thesis on venkys their trade receivables are increasing