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Adani Ent. shares rise 0.63% as Nifty gains

Updated at : 2021-09-02 12:20:02

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The stock quoted a 52-week high price of Rs 1718.45 and a 52-week low of Rs 257.45.

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ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 501545.83 Crore).

“The most positive thing which I could gauge from the GDP numbers is exports. They were a bright spot -- they were up 15.3% on a sequential quarter-on-quarter basis on top of a plus 9% sequential March quarter and definitely supported by the strong global growth.”... “On the negative front, lower than expected government spending towards capex in June quarter was a disappointment and we expect it to pick up pace over the coming quarters.”

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Euphoric performance of IPOs during 2020 and in the first eight months of this year also had its fallout. Oversupply, fall in quality, and valuation, all these factors have resulted in a situation where not much money was left on the table for incoming investors. In turn, some of the listings were on a subdued note, according to analysts.

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As of 30-Jun-2021, promoters held 38.41 per cent stake in the company, while FIIs held 37.74 per cent and domestic institutional investors had 11.35 per cent.

According to a BSE filing, Morepen Labs will transfer the medical equipment business to a wholly-owned subsidiary by allotment of equity shares of Rs 10 each.

Concor shares up 2.51% as Sensex rises

Updated at : 2021-09-02 12:20:02

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A total of 74,322 shares changed hands on the counter till 11:43AM (IST)

Bitcoin or gold? Which is the future of investments

Updated at : 2021-09-02 12:20:02

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With gold moving sideways and cryptocurrencies seeing a massive resurgence over the last two years, we’re drawing a case to understand which one’s the better investment - gold or bitcoin?

Ami Organics IPO sees 2.4 times bids on Day 2 so far

Updated at : 2021-09-02 12:20:02

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Surat-based Ami Organics and its shareholders are eyeing to raise about Rs 570 crore through its primary offering. The issue consists of issuance of fresh equity shares worth Rs 200 crore and an offer for sale (OFS) by promoters and existing shareholders of up to 6,059,600 equity shares.

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The initial public offer (IPO) saw 35 per cent subscription by 11.20 am. It saw bids for 86,35,088 shares against the total issue size of 2,50,26,646 shares.

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