The Indo Farm Equipment IPO, subscribed 229.31 times, is the second most subscribed mainboard IPOs of 2024. Strong demand came from QIBs (503.39x) and NIIs (104.36x). Only Vibhor Steel Tubes saw higher subscription.
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback.
HDFC Life Insurance share price declined 4% after announcing plans to raise Rs 1,000 crore from HDFC Bank via preferential issue, alongside March quarter earnings
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