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The issue received bids for 2.91 crore shares as against 10.71 crore shares on offer
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In the grey market, KIMS shares were trading at Rs 895 marking a premium of Rs 70 or 8% over the IPO price on Tuesday
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The issue received bids for 7.69 crore shares as against 2.10 crore shares on offer
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Sensex was up 221 points or 0.42% to end at a record closing high of 52,773, & the Nifty 50 at a new closing peak of 15,869 up 57 points or 0.36%.
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Motilal Oswal Financial Services prefers stocks like ICICI Bank, SBI, UltraTech Cement, Divi’s Labs, Hindalco and SBI Cards in the largecap space.
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Siddharth Bothra, Fund Manager, Motilal Oswal Asset Management Company, feels investors should be patient and believe in the power of compounding
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Production of Coal India during the quarter dropped to 203.42 million tonnes (MT) over 213.71 MT in the corresponding quarter of 2020
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Axis Capital and ICICI Securities are the investment bankers of the company's initial share sale
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For the ordinary equity investor these are times that make them nervous about possible fall in the market from their peaks
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ICICI Securities believes that the environment for capital expenditure is turning conducive at a macro level