Diwali, the festival of lights, is a time when every corner of India comes alive with celebrations, from the glow of diyas to the joy of sharing sweets and gifts with loved ones. But it’s not just about festivities; it’s also a moment when Indian investors get a unique opportunity to embark on a financial journey like no other – the sacred tradition of Muhurat Trading....
Market struggled to sustain higher levels on Monday despite gap up opening and selling pressure was witnessed in most of midcap and small cap stocks while Nifty managed to end with marginal gains above 16250. The advance decline ratio deteriorated further to 1:2.5 while trading range of 16170-16350 remained intact. As market is witnessing weakness at higher levels, we can expect trend...
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...
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...
Issue Size- 2.1 bn sharesIssue Open/Close – Jul 27/Jul 29, 2021Price Band (Rs) 695-720Issue Size- 14.61-15.14 bnFace Value (Rs) 2Lot Size (shares) 20Glenmark Life science (GLS) is the wholly owned subsidiary of Glenmark Pharmaceuticals Ltd (GNP IN). In 2001-02, GLS launched the API manufacturing business by setting up a manufacturing facility in Kurkumbh. Currently, the company has two...