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The price band for housing finance company has been fixed at Rs 346-353 per share having a face value of Rs 2 per share
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The price band for the cement company has been fixed at Rs 560-570 per share having a face value of Rs 10 per share
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Those who invested in the stock at the lows of March 2020 have also made a quick buck amid the ongoing rally in the domestic equity market
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Higher slippages should be looked at in the context of no moratorium, negligible use of restructuring, already improving recoveries.
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The scrip traded 1% down at Rs 1,781 at around 11.05 am (IST), while the benchmark BSE Sensex traded 54 points, or 0.10% down at 54,315
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The scrip traded 15.75% down at Rs 5.08 at around 10.30 am (IST), while the benchmark BSE Sensex traded 0.13% lower at 54,297 at around the same time
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"Buy the dips as the Nifty is likely to move further . I see the Nifty touching 16,600 in the next 5-7 sessions."
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Rolex Rings IPO: The Rs 731-crore IPO received bids for 74,16,00,096 shares against 56,85,556 shares on offer, as per data available with NSE
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Sensex made a new high of 54,576 and Nifty touched a fresh peak of 16,294 in opening trades
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Shares of the company traded 0.27% higher at Rs 423 at around 9.18 am (IST). On the other hand, the benchmark BSE Sensex was up 0.06% at 54,400