Dharmaj Crop Guard IPO to open on Nov 28; price band fixed at Rs 216-237
Investors can place a bid of a minimum of 60 equity shares and in multiples thereafter. Also, the issue is open for subscription till Wednesday, November 30. The anchor book will open for a day on November 25.
Stocks to buy or sell today: 4 short term trading ideas by experts for 23 November 2022
We have collated stocks from various experts for traders who have a short-term trading horizon.
iPhone delays weigh on Apple ahead of holiday season
The disruptions forced Apple to provide a rare update only 10 days after the Cupertino, California-based company reported its fiscal fourth quarter earnings at the end of October. It said shipments of the new premium iPhones will be lower than expected because of the lockdowns.
What should investors do with J&K Bank, APL Apollo and Castrol India?
Stocks that were in focus included names like Jammu and Kashmir Bank which was up nearly 4%, APL Apollo Tubes which rose nearly 2%, and Castrol India which hit a fresh 52-week high on Tuesday.
Tech That: Banks, agents best sellers for Bajaj Allianz Life
According to the new business statement for October published by the Insurance Regulatory and Development Authority of India (IRDAI), Bajaj Allianz is the fifth-largest private life insurer in terms of total market share, behind SBI Life, Max Life, HDFC Life and ICICI Prudential Life.
Reliance, Adani set to clash at Lanco unit auction
RIL was the highest bidder in the first round of resolution plan submissions, while Adani Power took top spot in the second round, the people said. The PFC-REC combine was third in both rounds.
Kaynes Technology lists at 32% premium
The stock however, gave up part of its gains before closing at ₹690.10, up 17.6% over its issue price. The ₹858-crore IPO, in which shares were sold in the price band of ₹559-587 between November 10 and November 14, was subscribed over 34 times.
Adani flagship plans up to $2.5 bn FPO after stock surges 26x in 5 yrs
Initiates discussions with institutional and retail investors after appointing 2 banks, more to follow, capital to fund growth, increase public float
AIFs can’t extend fund life to avoid fire sale
The Indian capital markets regulator has made it unambiguously clear that funds have to close and liquidate within the specified period even if a predominant number of investors who have contributed to a fund pool give their consent to extend the tenure of the fund.
Sticky overseas funds raise exposure to Indian equities
SWF and global central banks accounted for 6.4% and 2.7% of the total FPI holding. The assets under management (AUM) of the government owned funds rose by 33% annually in the past two years to Rs 7.7 lakh crore, while the total FPI equity AUM grew by 25%.