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The average revenue per occupied bed (ARPOB) was Rs 1.41 crore in Q3FY 24 as against Rs 1.3 crore in Q3FY23. The average length of stay (ALOS) stood at 4.4 days in Q3. The outpatient volumes rose 4% YoY to 6.04 lakh, while inpatient volumes were the same at 57,000.

Investors cheered the plans, with shares rising 12%, on the same day that thousands of drivers for Uber, rival Lyft and food delivery app DoorDash planned a one-day strike across the United States for fair pay. The company posted free cash flow of $3.4 billion in 2023, up from $390 million a year earlier.

Considering the upper price band of Rs 115, the stock is expected to list at a premium of 130%. The public offer of Alpex Solar was subscribed 300 times at close. The category reserved for retail investors was booked 350 times and that of NII investors was subscribed 500 times.

The final talks for a potential stake sale have already taken place, and the transaction may take place in a few days in the form of a block deal, the news channel reported. As of December-end, promoter and group entities cumulatively held a 63.71% stake in Vedanta Ltd. On Wednesday, shares of Vedanta ended nearly 5% higher on the National Stock Exchange at Rs 282.55

Despite a premium listing, the muted opening was due to the highly competitive market environment in which the company is operating and also the current market sentiments.

The 30-share BSE Sensex rose 0.39% higher at 71,833, while the NSE Nifty 50 index closed above the 21,800 level.

The Dow Jones Industrial Average rose 99.92 points, or 0.26%, at the open to 38,372.67.

The trust sold 68,36,948 shares at Rs 584 apiece, block deals data showed. Shares of the state-owned oil refiner ended 7.3% higher on the National Stock Exchange at Rs 626.95. Kotak Mahindra Mutual Fund purchased 22,50,000 shares at Rs 584 each, and Motilal Oswal MF acquired 13,00,000 shares at the same price.

Among these 4 stocks, three have seen a share price rise ranging from 10% to 50% in the fiscal year 2024 to date, whereas one stock declined around 12% during the same period