Company Overview and News
Stop missing out on important events!
The Nifty50, which started on a positive note, failed to keep the momentum going on Wednesday as D-Street got hit by fraud detected in Punjab National Bank, which weighed on the PSU Banking pack. The Nifty formed a bearish candle and a bearish engulfing pattern on the daily charts.
The initial public offer of Aster DM Health was subscribed 45 percent on the second day of its public issue today, according to merchant bankers.
New Delhi: The initial public offering (IPO) of Aster DM Healthcare Ltd saw 45% subscription on Wednesday, the second day of the share sale, merchant bankers said.
Non-banking finance company IndoStar Capital Finance has filed draft papers with capital markets regulator SEBI to raise an estimated Rs 2,000 crore through an initial share-sale. The IPO comprises issuance of fresh shares worth Rs 700 crore. Besides, existing shareholders will offer up to 2 crore scrips, in line with the draft prospectus filed with the Securities and Exchange Board of India (SEBI). (8-0)
Non-banking finance company IndoStar Capital Finance has filed draft papers with capital markets regulator SEBI to raise an estimated Rs 2,000 crore through an initial share-sale.
Azad Moopen, CMD, Aster Health Care Ltd during the announcement of the company's IPO on February 5. File Photo: Paul Noronha - BusinessLine (3-0)
Research analysts and fund managers these days have access to various tools and software to analyze a company or to run a query. Within seconds the output throws up companies that meet their conditions. (8-0)
The Nifty50 which started with a small gap on the higher side build the momentum to reclaim its crucial resistance level of 10,600 but last hour of sell-off pulled the index towards 10,550 making a small bullish candle on the daily candlestick charts. (1-0)
The promoter of Shirdi Industries Rakesh Agarwal has managed to escape the Insolvency and Bankruptcy Code missive by a whisker and successfully retained his company through NCLT proceeding.
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.
Aster DM Healthcare, running hospitals in India and West Asia, on Monday fixed a price band of Rs 180–190 per equity share for its initial share-sale, expected to garner Rs 9.8 billion. The initial public offer (IPO) will open on February 12 and close on February 18, Aster said. The IPO comprises fresh issue of equity shares worth up to Rs 7.25 billion and an offer for sale of up to 13,428,251 scrips by the company’s promoter Union Investments.
Priya Kansara If you thought that you could buy your favourite stocks after the carnage on Friday wherein Nifty Midcap and Nifty Smallcap had tanked 4 per cent and 6 per cent, respectively, on a single trading session, then here is the bad news. Most stocks, which lost the most on Black Friday, have not been among analysts’ top picks. So, investors have no choice but to keep a long-term view and buy the good stocks or future likely outperformers at expensive valuation. (13-0)
Aster DM Healthcare has fixed a price band of Rs 180-190 per equity share for its initial share sale that is expected to garner Rs 980 crore.
JM Financial has mopped up Rs 650 -crore through a qualified institutional placement to global and domestic investors, which was oversubscribed by over three times, merchant bankers said today.
3:30 pm Market at Close: Led by a sharp selloff in financials, midcaps and smallcaps, equity market on Friday plunged to fresh lows, marking it the fifth-most steep fall in the past ten years. (42-0)