The IPO of Azad Engineering received good response from investors with 80.6 times subscription at close. The category reserved for QIB was subscribed the most at 179 times, followed by NIIs at 87 times. The retail part received 23.7 times bids.
We identified 12 stocks that gained on all five days, delivering cumulative returns ranging from 10% to 30% during the period.
India’s largest private lender HDFC Bank has submitted the names of two candidates to the Reserve Bank of India for the position of managing director
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