Indegene IPO shares to debut tomorrow. Here’s what GMP indicates
Indegene IPO shares are trading with a GMP of Rs 290 in the unlisted market, and considering the upper price band of Rs 490, the stock is expected to list with a premium of over 60%. Ahead of the issue opening, the company raised nearly Rs 549 crore from anchor investors.
Technical Breakout Stocks: Hind Zinc and Escorts hit fresh record highs. Here’s how to trade on Monday
On August 31, 2015, Hindustan Zinc took the support of 200 and 50-EMA (placed at 127) and rallied up to 340, but then corrected towards the 200-EMA (placed at 157), making a higher low.
Q4 results this week: Zomato, Airtel, M&M among 501 companies to announce earnings
Some notable companies that will announce their earnings this week include Varun Beverages, Zomato, Airtel, Siemens, Power Finance Corp, Mahindra and Mahindra, HAL, and JSW Steel, among others. Overall, around 501 companies are set to release their quarterly numbers this week.
MoSPI says 449 infra projects hit by cost overrun of Rs 5.01 lakh cr in March
The total original cost of these projects was Rs 26,87,535.69 crore, but their anticipated completion cost is expected to be Rs 31,88,859.02 crore, representing an 18.65% increase. The report noted that out of 1,873 projects, 779 were delayed, with reasons including land acquisition delays, environmental clearances, and infrastructure support issues