The professionally-managed private lender, which does not have any identifiable promoters, on Friday allotted 71,28,000 equity shares to 10 anchor investors and raised Rs 363.53 crore at Rs 510 apiece. This is against the price band of Rs 500 – Rs 525 per share for a fresh issue of 1,58,40,000 equity shares.
Gold in a healthy consolidation period, says Chris Wood
Jefferies’ Christopher Wood notes gold’s consolidation above $3,000. He maintains high gold allocation in his pension fund. Western gold ETF flows are light despite gold’s