Archive for the ‘General’ Category

Mahindra Logistics Limited -Listing day manages to stay afloat, closes up 15 paisa

Shares of Mahindra Logistics Limited listed on the bourses and ‘managed’ to stay above par on listing day. The company had tapped the capital markets with its fresh issue for 1,93,32,346 equity shares completed allocation to anchor investors. The issue is in a price band of Rs 425-429. The company had earlier allotted 57,62,203 shares […]

HDFC Standard Life Insurance Company Limited – Issue Subscribed 4.90 Times

The offer for sale from HDFC Standard Life Insurance Company Limited was subscribed 4.90 times. The company had tapped the capital markets with its offer for sale of 29,98,27,818 equity shares in a price band of Rs 275-290. It had earlier allotted 8,00,68,600 equity shares to 89 anchor investors comprising of 126 entities. The public […]

Markets in No Man’s Land

The week gone by saw losses on two of the five trading days. Markets ended with weekly losses with the BSESENSEX losing 1.11% and NIFTY down 1.27%. Even on the two days that markets ended n the red they began with gains and then surrendered them and went into the negative, call it profit booking […]

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