Markets were under pressure last week and the bull tide seemed to have turned the corner on Tuesday itself. BSESENSEX rose from the previous day’s close of 52,154 points intraday to a high of 52,516 points and then fell to close at 52,104 points, a loss of 50 points compared to the previous day. The […]

The offer for sale from RailTel received overwhelming support and was oversubscribed 42.42 times. The offer for sale of 871.53 lac shares was in a price band of Rs 93-94. The issue had opened on Tuesday the 16th of February and closed on Thursday the 18th of February. Earlier, the company had allotted 2,59,57,446 shares […]

Nureca Limited which had tapped the capital markets with its fresh issue to raise Rs 100 crs received massive support from Robin Hood investors and was oversubscribed 39.93 times. Earlier the company had allotted 11,13,750 equity shares to two anchor investors. The first is Next Pact Limited who was allotted 8,63,745 equity shares or 77.55% […]