Issue Size- 127- 128 lakh sharesIssue Open/Close – Aug 04/Aug 06, 2021Price Band (Rs) 933- 954Issue Size- 1,195- 1,213 croreFace Value (Rs) 5Lot Size (shares) 15 Krsnaa Diagnostics Limited (“Krsnaa”) was incorporated on 22nd December, 2010 at Pune. Krsnaa is a large and differentiated diagnostic service provider. They provide a range of technology-enabled diagnostic services such as...
Indian market rallied on Monday amidst positive global cues with Non-financial stocks including midcap and small index outperforming the broader markets while Bank Nifty failed to cross resistance of 34900. The Nifty is currently placed at critical juncture with 15,950 acting as a stiff resistance which has been prevailing since last 50 calendar days. The main risk for Indian markets now also...
By enhancing fiscal spending, a plethora of governments across the globe have responded to the pandemic, and of course, the central banks have increased the amount of liquidity they usually maintain. However, some nations, including India, tend to fear that expansionary fiscal and monetary policies could lead to overheating, which is likely to translate into a sharp increase in inflation...
Issue Size- 206.5-204.2 mn sharesIssue Open/Close – Aug 04/Aug 06, 2021 Price Band (Rs) 86-90Issue Size- 17.76-18.38 bnFace Value (Re.) 1Lot Size (shares) 165 Devyani International Limited is the largest franchisee of Yum Brands in India and are among the largest operators of chain quick services restaurants (QSR) in India (Source: Global Data Report), on a non-exclusive basis...
Issue Size- 88.25 – 87.29 lakh sharesIssue Open/Close – Aug 04/Aug 06, 2021 Price Band (Rs) 448-460Issue Size- 3.95- 4.02 bnFace Value (Rs) 5Lot Size (shares) 30 Windlas Biotech Limited is amongst the top five players in the domestic pharmaceutical formulations contract development and manufacturing organization (“CDMO”) industry in India in terms of revenue (Source: CRISIL...
The Nifty for the month of July remained range bound with trading activity restricted in a narrow range of 15,630-15,960 and formed Doji star on monthly candlestick chart. A Doji star pattern is a sign of indecisiveness and often a signal of market tops after an extended uptrend. With FIIs turning net sellers in cash market on continuous basis and DIIs accumulating 58% of short positions in...