Prudent Corporate Advisory IPO gets 1.22 times subscription on last day

[ad_1] New Delhi: The initial public offer of Prudent Corporate Advisory Services was subscribed 1.22 times on the last day of offer on Thursday. The Rs 538.61-crore IPO got bids for 73,30,928 shares against 60,18,689 shares on offer, as per NSE data. Retail Individual Investors (RIIs) portion got subscribed 1.29 times, while Qualified Institutional Buyers … Read more

Stock Radar | GAIL India a ‘sell on rise’ stock for May series: Ruchit Jain

[ad_1] GAIL India Ltd has fallen over 7 per cent compared to a near 8 per cent rise seen in Nifty50 in the same period, but chart patterns suggest that the stock could face further selling pressure in May series. The stock touched a 52-week high of Rs 173.45 on 19 April but failed to … Read more

With floods and electricity shortages, South Africa’s economy is threatening to go into reverse

[ad_1] DURBAN, South Africa – April 16, 2022: Massive debris at the Durban harbor following heavy rains, mudslides, rain and winds in Durban. The harbour serves as a bulwark for the economy of the city of Durban. RAJESH JANTILAL/AFP via Getty Images South Africa’s economy picked up momentum in the first quarter of the year, … Read more

Chart Check: This pharma company forms BAT pattern; target seen at Rs 1,000

[ad_1] rose a little over 2 per cent compared to about 7 per cent gain seen in the Nifty50 in the same period, but technical parameters suggest that the stock could see a bounce back towards Rs 1,000 levels in next 3-5 weeks, suggest experts. The pharma company with a market capitalisation of more than … Read more

Buy Chemplast Sanmar, target price Rs 800: ICICI Securities

[ad_1] has buy call on Chemplast Sanmar with a target price of Rs 800. The current market price of is Rs 523.95. Time period given by analyst is one year when . price can reach defined target. Sanmar Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs … Read more

Is L&T on track to double revenues by FY25? SN Subrahmanyan answers

[ad_1] “We have gone for huge hedges across various commodities like iron ore, coke, copper, aluminium etc and thereby are trying to mitigate the price increases. This is a work in play but it is a fact that there will be a small effect on margins and we may have to live with it,” says … Read more

First initiation on RateGain Tech suggests 45% upside for this recent debutant

[ad_1] NEW DELHI: With the global travel market rebounding sharply, and pandemic accelerating digital transformation in the travel industry, domestic brokerage believes one of the largest Software as a Service (SaaS) players in India — RateGain Technologies is poised to benefit from this. The brokerage in its coverage initiation report late last month said in … Read more

Stock market update: Stocks that hit 52-week lows on NSE in today’s trade

[ad_1] NEW DELHI: , Oracle, , and and others were among the stocks that touched their 52-week lows in today’s trade. Domestic benchmark index NSE Nifty ended 25.85 points down at 15782.15, while the BSE Sensex closed 136.69 points down at 52793.62. On the other hand, , , Penta Gold, and Lexus Granito(India)stocks hit their … Read more

The effects of non-deliverable forward programs of emerging-market central banks: A synthetic control approach

Content Agreement in Infant Growth Indicators and Overweight/Obesity between Community and Clinical Care Settings Foreign Exchange – Non-Deliverable Forwards Modelling and forecasting the stock market volatility of SSE Composite Index using GARCH models The effects of non-deliverable forward programs of emerging-market central banks: A synthetic control approach For normal corporate client for non-trade related, client … Read more