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The IPO with a face value of Rs 10 per equity share is a mix of fresh issue of up to Rs 200 crore and an offer for sale of up to 38,54,840 equity shares by selling shareholders. The offer also includes a subscription reservation for eligible employees.

The stock quoted a 52-week high price of Rs 246.35 and a 52-week low of Rs 116.2.

​Largecaps, definitely something to look into, particularly the IPOs that you are going to see in the space. You would have NSE also looking to come out with an IPO within the next few months.

The Relative Strength Index of the stock stood at 42.51 on Thursday.

​Citi has initiated coverage on Trent with a "Buy" rating and set a target price of Rs 9,250 for the stock, indicating an upside potential of 22% from current prices.

The rupee fell by 11 paise to 83.69 against the US dollar in early trade on Thursday, influenced by a stronger dollar and rising crude oil prices. Foreign Institutional Investors (FIIs) turning net sellers added pressure. The Sensex and Nifty reached record highs, while the dollar index and Brent crude saw marginal increases.

The SME IPO for Divyadhan Recycling Industries opens for subscription today and will close on Monday, September 30. The company plans to raise around ₹24 crore through this IPO and will list its shares on the NSE SME platform.

A ROCE reflects efficient capital utilization for profit generation, indicating strong management performance and attracting investors due to maximized profitability.

Promoters held 46.86 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 9.51 per cent and 7.24 per cent, respectively.

Gold prices witnessed some profit booking in Wednesday’s session, closing at Rs 75,313 after falling from its all-time and day’s high of Rs 76,000/10 gm. Meanwhile silver dipped by Rs 750/kg.