Pharma shares may be in focus as India's apex health research organization ICMR has raised concerns around the safety for use of the oral antiviral drug Molnupiravir
Anand Rathi Wealth reported an over two-fold jump in profit after tax (PAT) at Rs 32.04 crore for three months ended December 2021.
At the closing price, the company was valued at Rs 2,428 crore
NBFCs to come under the ambit of PCA framework from Oct 2022; Anand Rathi Wealth debuts at 9% premium; WPI-based inflation hits 12-year high of 14.2% in Nov
Reliance, Bharti Airtel and financial shares were the other major losers; Data Patterns IPO gets 2.5 times subscripton as of 03:15 PM on day 1 of the offer
Post listing, the stock has moved higher by up to Rs 614.95, up 12 per cent against the issue price of Rs 550 per share on the BSE
Anand Rathi Wealth to make its debut on the bourses on Tuesday, GMP indicates 50 per cent listing gain for the stock
Institutional portion saw only 2.5 times subscription. Overall, the IPO saw bids worth Rs 4,500 crore
'Wealth creation on the ground is clearly visible,' says chairman of company that has an Rs 660-crore IPO
Vodafone Idea shares hit 31-month high; tech charts show 40% upside; Anand Rathi Wealth IPO subscribed over 8 times
The Rs 660-crore initial share-sale received bids for 2,55,81,204 shares against 84,75,000 shares on offer
The broader indices, however, outperformed the key benchmark indices. The BSE Midcap index ended flat, while Smallcap index was up 0.3 per cent
Anand Rathi Wealth IPO subscribed 1.5 times on opening day
The Midcap and Smallcap indices also surged over a per cent each, and advancing shares outnumbered declining stocks in 2:1 ratio the BSE on Thursday