Metro Brands lists at 12.8% discount to issue price of Rs 500
Mumbai-based footwear retailer Metro Brands had a disappointing debut as the stock listed at a discount of 12.80 percent to the issue price on December 22. It was third weak…
CMS Info Systems IPO sees 44% subscription on day 2, retail portion subscribed 87%
The public issue of CMS Info Systems has received bids for 1.64 crore equity shares from investors against the offer size of 3.75 crore equity shares, a total subscription of…
Morgan Stanley initiates overweight rating on Paytm; sets target price at Rs 1875
Paytm owner One97 Communications Ltd has got its first positive rating from foreign brokerage firm Morgan Stanley after a weak debut on the stock exchanges and downgrades from many analysts. Morgan Stanley has…
GIC, ADIA eye stakes in RIL’S energy unit
NEW DELHI: Sovereign wealth funds including Singapore’s GIC Holdings Pte Ltd, Abu Dhabi Investment Authority (ADIA) and UAE’S Mubadala Investment Co. are exploring investments in Reliance Industries Ltd’s clean energy…
India Cements jumps 8% after RK Damani increases his stake to 22.7%
Shares of India Cements zoomed more than 8 percent in the early trade on December 22, hitting an intraday high of Rs 192. 35 on the BSE. A regulatory filing…