Highlights Issue Size –: 60,850,278 sharesIssue Open/Close – Nov 22 /Nov 24, 2023Price Band (Rs.) 475 – 500Issue Size (Rs.) – 30,425 mnFace Value (Rs.) 2Lot Size (shares) – 30 Tata Technologies Limited (TTL) incorporated in 2001, is a part of the Tata Group, which has been recognized as the most valuable brand in India. TTL a leading global engineering services company offering...
Sona Comstar’s ₹5,550 crore IPO subscribed 27% on day 2. At a price band of ₹285-291, the IPO of the company is roughly valued at 76 times one-year forward earnings, making it one of the most expensive issues to hit the primary market in recent times. Analysts said Sona BLW is a play on the electric vehicle theme. They said while the IPO valuation appears rich but the auto component maker is...
Inflation and its impact on an overall economy Retail Inflation in April is 4.3% which is well within the range of RBI. Inflation is measured by the CPI and the wholesale price index (WPI). The CPI measures changes in prices of essential commodities at the consumer level, while the WPI notes changes at the producer level.The commodities considered for measuring the WPI are manufactured...