Shares of Rites Limited had a dream run on Monday the 2nd of July when they listed on the bourses. The government of India had through an offer for sale sold 2.52 cr shares in a price band of Rs 180-185. There was a discount of Rs 6 for retail investors and eligible employees. The […]
Archive for the ‘General’ Category
Rites Limited – Listing Day Sees Share Rise 15%
July 3rd, 2018
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Fine Organics Limited – Gains 5% on Debut Day
July 3rd, 2018
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Shares of Fine Organics Limited listed on the bourses on Monday the 2nd of July and gained 5%. The company had tapped the capital markets with its offer for sale of 76.65 lakh shares in a price band of Rs 780-783. The company had allotted 22.99 lakh shares to 15 anchor investors comprising of 23 […]
Markets Seeking Direction – Will July Historic Rise Over 11 Years Continue?
July 2nd, 2018
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Last week saw a sell off on expiry day followed by huge gains the following day. The net result saw the BSESENSEX end the week with losses of 266.12 points or 0.75% at 35,423.48 points. NIFTY lost 107.55 points or 1.00% to close at 10,714.30 points. Midcap and Smallcap ended with losses of 2.52% and […]
