In opening trade, Sensex jumped 520 points to open at 51,800, broader market index Nifty50 opened at 15,320 rising 145 points.
Godrej Industries, Balrampur Chini, Dalmia Bharat and CESC are poised for re-rating and can deliver up to 92% returns according to YES Securities
Ahead of the public issue, the issue is quoting at a premium of Rs 225-250 per share offering 40-45% premium over the offer price. Most brokerage houses have given it ‘Subscribe’ rating with a long term view
Benchmark Indian indices ended higher for the third straight session on March 10
IT, pharma and metal stocks shine.
SIP AUMs and retail equity folios are at an all-time high at Rs 4.21 lakh crores and 8.07 crore respectively.
Barring ONGC all 29 stocks of Sensex were trading higher.
At close, the Sensex was up 584 points or 1.16% at 51,025, and the Nifty was up 142 points or 0.95% at 15,098.
Specialty chemical manufacturer Laxmi Organic Industries will raise Rs 600 crore through an initial public offering (IPO). The issue will open for subscription on March 15 and close on March 17. The company has fixed the price band for the issue at Rs 129-130 per share. Investors can bid for a minimum of 115 equity […]
Coimbatore-based engineering major Craftsman Automation has fixed a price band of Rs 1,488-1,490 per share. Investors can bid for a minimum of 10 equity shares and in multiples, thereafter.