SSE allows the listing of non-profit or non-government organisations on stock exchanges, providing them with an alternative fund-raising structure.
After plunging over 1,000 points intra-day, Sensex pared some of the losses and ended 410.28 points or 0.68% lower at 59,667.60
Sensex ended 410.28 points or 0.68% lower at 59,667.60, while Nifty declined 106.50 points or 0.60% to 17,748.60
The issue looks priced in line with its listed peers. The long term prospects of the company tend to be impressive owing to huge under-penetration.
This has been the best month in terms of Nifty gains in the last 3-4 series and after that we are seeing slight corrections
The theatrical release remains the best way to monetise movie content, content producers to revert back to theatrical windows.
Overall, profit of the company has grown 19% annually during the past 10 years, while revenue has increased by nearly 12% CAGR during the same period.
As capital markets go beyond liquidity support from central banks, investor focus is shifting towards growth revisions.
Shares of the company are quoting at Rs 405 apiece in the grey market marking a premium of Rs 230 or 131% over its issue price of Rs 175.
Shivangi Sarda of Motilal Oswal Financial Services spoke to Money9 on the strategy traders must follow in the current volatile markets.
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The moderation in inflation is a welcome news to Indian consumers that have been under pressure since the start of the pandemic
Economic conditions, industry scenario and global markets are some of the many reasons which affect the certainty of regular income flows
The existing ecosystem of dealers will play an important role in this future, but in a new paradigm.
As far as depositors are concerned, the biggest implication now will be that banks will have more bandwidth to deal with their credit requirements