L&T Infotech has made a debut at the exchange, falling 6 percent from its issue price of Rs 710. The stock was listed at Rs 667 per share. The much-awaited IPO had attracted more than one million applications, the highest for any ...
21 Jul 2016, 10.04 am | Source: Moneycontrol.com
Reacting to the company’s listing Siddhartha Khemka of Centrum Wealth Management told CNBC-TV18 that it is not the best time to list IT stock due to slow growth in the entire sector for the first quarter.
21 Jul 2016, 8.31 am | Source: CNBC-TV18
It raised Rs 400-crore from its initial public offer (IPO) which was open for subscription from June 29 to July 1. Following the spectacular listing, the management is upbeat on growth prospects for the company going forward. All ...
12 Jul 2016, 4.35 pm | Source: Moneycontrol.com
The aim is to take margins to 7 percent from current 4-5 percent level for Quess. Another target is to raise return on capital employed (RoCE) to around 25 percent this fiscal, says Ajit Issac, CMD & CEO of the company.
12 Jul 2016, 10.33 am | Source: CNBC-TV18
Siddhartha Khemka, Analyst, Centrum Wealth Management is not very upbeat on the new listing Quess Corp and does not recommend buying it at around Rs 500 on back of stretched valuations.
12 Jul 2016, 10.29 am | Source: CNBC-TV18
Quess Corp's IPO was oversubscribed 145 times earlier this month, emerging as the most oversubscribed IPO in the past 9 years. Promoted by Ajit Isaac and Thomas Cook (India), the company was set up in 2007 which offers comprehens...
12 Jul 2016, 10.04 am | Source: Moneycontrol.com
Analysts feel the valuations of the stock are cheap compared to listed peers like Indraprastha Gas, which was the reason for huge buying in the stock.
01 Jul 2016, 4.19 pm | Source: Moneycontrol.com
Mahanagar Gas (MGL) listed on exchanges today at Rs 540 per share, a 28 percent rise from its issue price of Rs 421 per share. Through the IPO, MGL has raised Rs 1,040 crore with a price band at Rs 380-421.
01 Jul 2016, 10.46 am | Source: CNBC-TV18
Mahangar Gas could see a volume growth of 5-6 percent in a couple of years, says Prayesh Jain of IIFL.
01 Jul 2016, 10.14 am | Source: CNBC-TV18
It has a city gas infrastructure network of 188 CNG filling stations with a compression capacity of 3.1 million kg/day in FY16, providing CNG to over 0.47 million vehicles.
01 Jul 2016, 10.00 am | Source: Moneycontrol.com
"Trading members of the exchange are hereby informed that effective from Friday, July 1, 2016, the equity shares of Mahanagar Gas Limited shall be listed and admitted to dealings on the exchange in the list of 'B' group of securit...
30 Jun 2016, 8.40 pm | Source: PTI
The issue, which opened during June 21-23, oversubscribed 64.54 times, driven by non-institutional investors (191.61 times) and qualified institutional buyers (72.84 times).
30 Jun 2016, 9.12 am | Source: Moneycontrol.com
The Rs 1,040 crore-IPO received bids for 1,90,59,250 shares against the total issue size of 1,73,46,150 shares, data available with the NSE till 1700 hrs showed.
22 Jun 2016, 9.18 am | Source: PTI