The stock markets will remain closed on 19-08-2021 on account of Muharram. It will be a trading holiday as well as a banking / clearing holiday on Thursday. As a result, this time the weekly index options settlement in F&O has been pulled back fr

A full 8 months after the RBI had imposed a ban on fresh card issuances by HDFC Bank and launch of any fresh digital initiatives, the RBI has lifted the ban on the issue of fresh cards. HDFC Bank can now go ahead and issue new credit cards to its cus

There is a surge of investor interest in healthcare, read hospital, stocks. The table below captures 3 major healthcare stocks in India along with YTD returns and returns from 52-week lows. All the 3 stocks are quoting at their all-time high level

Canara Bank has opened its qualified institutional placement of equity shares worth Rs.2,500 crore on 17th August. The floor price for the QIP has been set at Rs.155.58 per share, which is slightly above the current market price. Canara Bank can offe

Ruchi Soya has got the SEBI approval for its Follow-on Public Offer (FPO) of Rs.4,300 crore and the FPO is likely to happen as early as next week. It may be recollected that Patanjali Ayurved, owned by Baba Ramdev, had acquired Ruchi Soya from

The proposed deal between Saudi Aramco and Reliance was first announced at the 42nd AGM of Reliance Industries in 2019. Reliance was supposed to sell 20 in its Oil-to-Chemicals (O2C) business for $15 billion. However, things changed with the onset o

The Rs.3,850 crore IPO of Chemplast Sanmar, consisting of Rs.1,300 crore fresh issue and Rs2,550 crore OFS, was subscribed 2.17X overall at the close of bidding on 12 August. The basis of allotment will be finalized on 18 August. If you have applied

The Rs.2,780 crore IPO of Aptus Value Housing, consisting of Rs.500 crore fresh issue and Rs.2,280 crore OFS, was subscribed 17.20X overall at the close of bidding on 12 August. The basis of allotment will be finalized on 18 August. If you have appli

The Rs.5,000 crore IPO of Nuvoco Vistas, consisting of Rs.1,500 crore fresh issue and Rs3,500 crore OFS, was subscribed 1.71X overall at the close of bidding on 11 August. The basis of allotment will be finalized on 17 August. If you have applied for

The Rs.2,999 crore IPO of CarTrade Tech, consisting entirely of an OFS of Rs.2,999 crore, was subscribed 20.29X overall at the close of bidding on 11 August. The basis of allotment will be finalized on 17 August. If you have applied for the IPO, you

Krsnaa Diagnostics also had a tepid listing although it held on above the issue price. Krsnaa Diagnostics listed at a premium of just 5.4 but tapered further, managing to just hold above the issue price of Rs.954. With overall subscription of 64.38X

The expectations were huge as Devyani International had been subscribed more than 100 times in the IPO. The GMP was indicating a premium listing. While the listing was strong, the stock failed to hold on to higher levels. Devyani International listed