Sambhv Steel Tubes IPO Sees 1.76x Subscription; Listing Hopes Mild Amid Low GMP
The IPO of Sambhv Steel Tubes Ltd has received a decent response from investors, with the issue being subscribed 1.76 times by the end of Day 3. The offering saw strong interest from retail and HNI segments, while institutional participation…
Read MoreOla Electric Crashes 6% to All-Time Low After ₹107 Cr Block Deal
Ola Electric shares extended their downward spiral on Friday, sliding over 6% to hit an all-time low of ₹373.10. The fall was triggered by a large block deal on the NSE, where nearly 28.6 lakh shares worth around ₹107 crore…
Read MoreBitcoin Faces Mixed Signals: Navigating the Current Market Trends
Bitcoin’s price has been caught in a tug of war lately, with conflicting signals from both technical indicators and market sentiment. While some investors see opportunities in the current market dip, others remain cautious due to the potential for further…
Read MoreChanda Kochhar’s Surprising ICICI Bank Bid for HDFC, Says Deepak Parekh
Deepak Parekh further talked about the HDFC-HDFC Bank merger that was completed inJuly 2023. Talking to Chanda Kochhar, he said that the union was mainly driven byregulatory pressure. In a candid conversation on Chanda Kochhar’s YouTube channel, veteran banker DeepakParekh…
Read MoreOswal Pumps lists at 3% premium – IPO investors pocket ₹480 per lot
Oswal Pumps made a subdued debut on the bourses today, listing at ₹634 on the NSE and ₹632 on the BSE a 3% premium over the IPO price of ₹614. While the gains were modest, investors who received allotment still…
Read MoreSiemens Energy India Lists Strong Post-Demerger: Stock Hits Upper Circuit on Debut
In a much-anticipated market debut, Siemens Energy India Ltd listed at ₹2,840 on the NSE and ₹2,850 on the BSE, sharply above its demerger reference price of ₹2,350. The stock instantly surged to hit the 5% upper circuit, capping at…
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