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The Indian indices opened at a low global cue by marking a fall in Sensex by 33.84 points or 0.06% at 58971.43 and nifty was decreased by 11.80 points or 0.07% at 17550.20. About 408 shares got declined, 1302 shares have advanced and 97 shares remained unchanged.
ITC shares surge 7% and hit news 52 weeks high more than the previous week.
It is being planned by Truecaller to list its Class B shares on Nasdaq Stockholm.
"At some point in time, investors will say actually this is the right price, it's not going to go to zero," says the head of Asian equities.
Just Dial announced that the company's board has approved the allotment of 2.12 crore equity shares at ₹1,022.25 per share.
Shares of AU Small Finance Bank rebounded 7 percent after a 13 percent crash on Tuesday as the management clarified the recent exits in the bank, including on the resignation of internal audit head, Sumit Dhir.
On Wednesday, Axis Bank enjoyed a 52-week high of Rs 819 per share after ending with a brilliant 4.2 per cent on the BSE during the intra-day trade.
The company was originally named Go First now aims to obtain ₹3,600 crores by selling its share. For pre- IPO aims to gain ₹1,500 crore.
While the Kedaara Capital-backed diagnostic chains will be offering IPO for the sale of 35.69 million shares.
For every Rs 100 of revenue, Rs 35 go in various forms of levies said Airtel Chairman Sunil Mittal.
The company’s shares rose to 5% to ₹770, while Goldiam International rose more than 7% to ₹727 apiece.
As per the sources, the grey market of Vijaya Diagnostic is now said to be available at a premium of ₹35 to ₹40. This evaluation report claims that the market will see again from the public issue.
Chemplast Sanmar shares are back on the stock market after being taken out in 2012. The company joined in the game once again but with a weak comeback.
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