Archive for the ‘General’ Category

Credit Access Grameen Limited – Completes Anchor Allocation

Credit Access Grameen Limited which is tapping the capital markets with its simultaneous offer completed allocation to anchor investors. The issue consists of a fresh issue of Rs 630 crs and an offer for sale of 1.18 cr shares in a price band of Rs 418 to 422. The company would raise Rs 1,131.18 crs […]

HDFC Asset Management Company Limited – Shares Gain 65% on Debut

HDFC Asset Management Company Limited which had tapped the capital market with its offer for sale of 2,54,57,555 equity shares in a price band of Rs 1095-1100 had a stellar debut gaining 65% on day one. Earlier the company had allotted 66,53,265 equity shares to 35 anchor investors comprising of 61 entities at Rs 1,100 […]

Use Rallies to Exit

It was an eventful week and one saw plenty of action. On Thursday markets crashed while the very next day on Friday there was a very strong rally. On both days the BSESENSEX saw a net movement more than 350 points. The BSESENSEX ended the week with gains of 219.31 points or 0.58% to close […]

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