Nirmal Bang has come out with a research report on NMDC's FPO. The broking firm says, though the outlook for NMDC looks quite attractive, the valuation seems to be costly.
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Swastika Investmart has come out with a research report on NMDC's FPO. The broking firm has recommended for portfolio with longterm perspective.
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Man Infraconstruction remained strong throughout the session despite some profit booking at higher levels in last half an hour of trade. It closed at Rs 347, a premium of 37.7% over its issue price of Rs 252 per share, after seeing day's high of Rs 375 and low of Rs 318, which was the opening price on the NSE.
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The initial public offering (IPO) of Pradip Overseas, a textile manufacturer with a niche focus on home linen products, has received good response on day one. It has been subscribed 1.81 times so far, as per data available on the NSE website.
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Bankers are selling NMDC as a probable candidate for the Nifty and MSCI, reports CNBCTV18's Mrinalini Krishna.
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The followon public offer of NMDC, a navratna public sector undertaking, has been subscribed 79% on day two, as per data available on the NSE website.
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Texmo Pipes and Products closed at Rs 139, a terrific premium of 54.44% over its issue price of Rs 90 per share on the NSE, after seeing an intraday high of Rs 139.90. The stock has witnessed 337 bulk deals.
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DQ Entertainment, which closed yesterday, received tremendous response from investors and got subscribed 86.33 times, as per data available on the NSE website.
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Angel Broking has come out with a research note on NMDC's followon public offer (FPO). The broking firm has recommended an avoid on the FPO.
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ICICIdirect.com has come out with a research note on ILFS Transportation Network's (ITNL) IPO. The broking firm has recommended investors subscribe to the issue for listing gains.
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In an interview with CNBCTV18, Shri K Ramchand, Managing Director of ILFS Transportation, spoke about his outlook for the company.
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The initial public offering (IPO) of ILFS Transportation Networks (ITNL) has opened for subscription today. It has already received a committment of Rs 126 crore from anchor investors (AIs).
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In an exclusive interview with CNBCTV18, Rakesh Arora of Macquarie Research Equities and Vishal Jajjo of FCH Centrum Wealth Managers, speak about the NMDC followon public offer and give their outlook going forward.
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The initial public offerings (IPOs) of Home linen producer Pradip Overseas and infrastructure company ILFS Transportation Networks (ITNL) opened for subscription today.
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Man Infraconstruction has seen terrific listing and crossed the analysts' expectations. It started the trade at Rs 335 on BSE and touched a day's high of Rs 374.90. At 9:11 hours IST, the share was trading at Rs 365.50, a premium of 45% over its issue price of Rs 252 per share.
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