Valiant Laboratories shares listed at 15.82% premium over IPO price on bourses. The share debuted at Rs 162.15 on the NSE and at Rs 161 on the BSE, as compared to the issue price of Rs 140. The investors have made a profit of Rs 22.15 per share as the scrip gave nearly 16% return […]
Day: October 12, 2023
Yatra IPO opens for subscription; price set Rs 135-142 apiece; should you subscribe to the issue?Yatra IPO opens for subscription; price set Rs 135-142 apiece; should you subscribe to the issue?
Yatra Online IPO: Yatra Online IPO opens for public subscription on Friday, September 15, 2023 and will close on Wednesday, September 20, 2023. The bidding for anchor investors concluded on Thursday, wherein the company collected Rs 348.75 crore. The price band for its public issue at Rs 135-142 per equity share of face value Rs […]
After four weeks, gold rebounds, saves $1,900/ounce; traders should short on every bounceAfter four weeks, gold rebounds, saves $1,900/ounce; traders should short on every bounce
By Jigar Trivedi Weekly, the metal gains 1.4% after four consecutive periods of declines. Initially, the yellow metal dropped below $1,885 an ounce on Friday, facing pressure from a strong dollar as investors continued to gauge the monetary policy outlook following Federal Reserve Chair Jerome Powell’s Jackson Hole remarks. The banker noted caution is required […]
Tata Steel: Improved outlook; recent developments to boost profitability & ESG considerationsTata Steel: Improved outlook; recent developments to boost profitability & ESG considerations
Tata Steel (TSL) has unveiled a comprehensive restructuring plan for its UK operations (TSUK) with a dual focus on ensuring business continuity and enhancing sustainability. The key highlights include: Replacement of existing blast furnaces with a state-of-the-art 3 million ton per annum Electric Arc Furnace (EAF); Securing 40% of the £1.25 billion investment through grants […]