Nomura, Macquarie initiate coverage on Hyundai Motor on listing day, signal up to 26% return
Hyundai Motor India, which is set to debut on the bourses today, has earned 2 positive ratings from global brokerage firms Nomura and Macquarie as they have initiated coverage on the stock with the target price going as high as Rs 2,472. The stock has earned a buy rating with a target price of Rs…
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Shiv Texchem shares list at 44% premium over IPO price on BSE SME platform
The shares of Shiv Texchem debuted on the BSE SME platform at a premium of 44% on Tuesday. The stock listed at Rs 239 as against an issue price of Rs 166. The net proceeds from the public offer will be used for long term working capital requirements and general corporate purposes. The company is…
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Unilex Colours stock debuts with 2.3% premium on NSE SME platform
Unilex Colours and Chemicals made its debut on the NSE SME platform on Thursday, opening with a premium of 2.3%. The stock listed at Rs 89, compared to its issue price of Rs 87. The net proceeds from the public offer will be used for funding working capital requirements, repayment of debt, and other general…
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Ola Electric to announce Q1 results on August 14 in first board meeting after listing
The newly-listed Ola Electric Mobility on Friday announced that it will be holding its first board meeting after the listing on the exchanges, scheduled for August 14, 2024. βPursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (βListing Regulationsβ), we wish to inform you that…
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vvip infratech shares: VVIP Infratech shares list at 90% premium on BSE SME platform
The shares of VVIP Infratech listed on the BSE SME platform with a premium of 90% on Tuesday. The stock debuted at Rs 176.7 as against an issue price of Rs 93. Ahead of the listing, the company’s shares traded with a GMP of around Rs 125 in the unlisted market. The IPO, which was…
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