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The timeline of the buyback will be released later on.The stock which has a market capitalisation of Rs 2,700 crore has rallied over 32% in the last 6 months. The smallcap was trading 3% higher at Rs 183.65 after the buyback announcement.

Sula Vineyards is looking to raise Rs 960.35 crore via its IPO, which is completely an offer or sale (OFS) of about 2.69 crore shares. The company has fixed its price band in the range of Rs 340-357 apiece with a lot size of 42 shares.

As of 30-Sep-2022, promoters held 74.99 per cent stake in the company, while FIIs held 8.59 per cent and domestic institutional investors had 6.33 per cent.

The Rs 960 crore-initial public offering (IPO) of Sula Vineyards is all set to hit the primary market on Monday, December 12. Here are key things you should know about the issue.

However, the SIP book had a different story to tell. In November, the SIP inflow was at an all-time high at Rs 13,307 crore vs Rs 13,040 crore recorded in October. It was for the second straight month that the SIP flow was above Rs 13,000 crore mark.

The stock traded at a P/E multiple of -18.44, while the price-to-book value ratio stood at -12.94.

A total of 9,195 shares changed hands on the counter till 02:11PM (IST).

​But from a pure valuation perspective it is already trading at least 25 to 30% cheaper. So that way it gives a good opportunity for anybody to participate at this valuation and wait for a right stable environment when it can command slightly better multiple.

The private lender filed the petition under Section 7 of the Insolvency and Bankruptcy Code, which allows a financial creditor to apply for initiating the process. The NCLT has issued a notice to Digital Ventures.

Jubilant Pharmova, incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 6501.86 Crore) operating in Pharmaceuticals sector.