MSTC Limited which had tapped the capital markets with its offer for sale and listed, but did not have a good outing. The company had an offer for sale of 1,76,70,400 equity shares and had a compulsory QIB portion of 75%. The issue was open from Wednesday the 13th of March and was to close […]
Archive for the ‘General’ Category
MSTC Limited – Listing Day Share Closes With Losses Of 5%
April 1st, 2019
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Performance of Newly Listed Shares as on 29th March 2019
April 1st, 2019
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Name Date of Listing Issue Price Closing Price Closing Price % Gain Loss % Change Over 290319 220319 Over Week lssue Price Lemon Tree Limited 9th April 56.00 80.45 80.35 0.18 43.66 Indostar Capital Finance Limited 21st May 572.00 419.15 349.80 12.12 -26.72 RITES Limited 2nd July 185.00 259.05 254.75 2.32 40.03 Fine Organics Limited […]
Expiry, Year-End and Correction to Keep Week Opening Subdued Before Rally Resumes
March 25th, 2019
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The short four-day trading week which had a holiday on Thursday for Holi saw markets gain on the first three days. Friday began positively, but profit taking set in and the day closed with substantial losses. The week however ended with gains but the sentiment has turned negative. The expected correction which I had talked […]
