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IGI reports 75% response rate in multiple myeloma drug trial (06-11-2024)
Among the 12 efficacy-evaluable patients, nine responded to the treatment, including one patient achieving MRD negative stringent complete response
SpiceJet shares rise 4% on launching 8 new domestic flights by November 15 (06-11-2024)
This expansion follows the recent launch of 32 new flights in October 2024, including two international flights connecting Delhi with Phuket
Hindustan Zinc tumbles as OFS begins; govt to sell up to 10.56 crore shares (06-11-2024)
Hindustan Zinc slumped 7.62% to Rs 516.80 after the President of India announced its proposal to sell 1.25% stake in the company through an offer for sale (OFS).
Trump win may boost market in short-term but will bring long-term volatility: Punita Kumar Sinha (06-11-2024)
I think geopolitics, the landscape could change rapidly. There could be escalations in certain countries, by certain countries. So, I do expect some volatility until we have total clarity.
PNB shares 1.31% as Sensex rises (06-11-2024)
A total of 1,028,789 shares changed hands on the counter till 12:00PM (IST)
Swiggy $1.4 bn IPO opens for orders as Indian stocks lose some appeal (06-11-2024)
While India was an outlier in Asia with a string of high-profile offerings this year, Swiggy’s IPO comes after a slide in Indian equities in October that is expected to extend into November
Prudent Corporate Advisory Services Ltd (06-11-2024)
I could give you a couple of reasons to buy Prudent and not Anand Rathi:
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Institutional holding in Prudent is above 38% while it’s only 13% in Anand Rathi. FIIs & DIIs held only 11% in Prudent in 2022 which more than tripled in a couple of years. In case of Anand Rathi, it only increased from 11% to 13% during the same period. Higher insider and instutional ownership are focused on long-term growth.
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Public holding is very low in Prudent at 5.74% whereas it’s pretty high for Anand Rathi at 38.72%. Lesser public holding has better potential for premium pricing as there are fewer shares available for purchase.