Rashi Peripherals IPO opens on Wednesday. What GMP signals ahead of subscription
Rashi Peripherals IPO: The company has fixed a price band of Rs 295-311 per share and investors can bid for a minimum of 48 shares and in multiples thereafter. It proposes to use the net proceeds for repayment of debt, funding working capital requirements and the rest for general corporate purposes.
Tech View: Nifty forms hammer candle on charts. What traders should do on Wednesday
Nifty exhibited a predominantly sideways trend throughout the day, with traders expressing uncertainty regarding the market’s direction. A range-bound movement is expected to persist until a breakout occurs on either side. A decisive upward move beyond 21,950 has the potential to propel the Nifty towards 22,200.
BLS E-Services jumps 172% over IPO price after stellar listing. Should investors hold or sell now?
Analysts said investors who got the allotment can book partial while holding the rest for the medium term. BLS E-Services enjoys a long-standing partnership with leading banks, ensuring a stable revenue stream and recurring business. It operates in a high-growth industry driven by increased digitization and financial inclusion initiatives.
Park Hotels IPO subscribed 4 times so far on Day 2. Check GMP and other details
Analysts believe Park Hotels IPO allows investors to invest in the eighth largest hotel chain, which has a diversified portfolio and strategically positions itself in key markets, leveraging an asset-light model.
TCS shares rally over 4% to cross market cap of Rs 15 lakh crore for first time
Tata Consultancy Services (TCS) shares surged 4% to an all-time high of Rs 4,135.9 on BSE as it won a multi-year deal from Europ Assistance. The deal involves TCS helping Europ Assistance reimagine its global IT operating model. The partnership will focus on co-innovation using generative AI and other advanced technologies. TCS will leverage its […]
Blockbuster Debut! BLS E-Services shares list at 129% premium over IPO price
BLS E-Services share Price: Shares of BLS E-Services had a strong debut on Dalal Street, listing at a premium of 128.9% on BSE and 125.9% on NSE. The company’s IPO received overwhelming response, with the issue being subscribed over 160 times. Analysts are optimistic about the future prospects of BLS E-Services, citing the government’s focus […]
In which sector is risk-reward looking attractive? Kunal Pawaskar answers
You are right in saying that the top line growth is slightly moderated. I think this was not very far from expectations. Previous calendar year was a year when many companies bore the brunt of inflation after the Russia-Ukraine conflict started and commodities rose.
3 top stock picks from Aditya Arora for near term
So, my first buy is from Biocon which is buy at 296.15, price has inched up a little bit. Stop loss can be kept at 275, target can be Rs 320 to Rs 340.
Why Pranav Gundlapalle finds Paytm’s current valuation attractive
Now, there could be further downside if you see this action spreading to other parts of the business and there is no reason to believe that is indeed the case at this point in time.
Adani starts talks for first dollar bond sale since Hindenburg
who asked not to be identified because the matter is confidential. The sale, expected later this year, is yet to be finalized and the terms may still change.