Adani Wilmar crashes 9%:OFS underway, oversubscription option is exercised
Mon, Jan 13, 2025 10:21 AM

Adani Wilmar crashes 9%:OFS underway, oversubscription option is exercised

A Flip by Shubhangi Gupta
Get it on Google Play
Stock Market Today: Adani Wilmar share price crashed more than 9% in the morning trades on Monday. While the offer for sale is underway, the Oversubscription Option is also being exercised by one of the promoters. Adani Wilmar share price opened at ₹271.05 on the BSE on Monday, almost 7% lower than the previous close of ₹291.60.

More great flips

Top 5 ELSS Mutual Funds With Highest SIP Returns in 3 Years

Top 5 ELSS Mutual Funds With Highest SIP Returns in 3 Years

Top ELSS Mutual Funds With Best SIP Returns in 3 Years: Equity Linked Saving Scheme (ELSS) Mutual Funds are also known as tax saver mutual funds that provide tax benefits to the taxpayers following the old tax regime. Taxpayers can claim up to Rs 1.50 lakh in tax benefits in a financial year under Section 80C of the Income Tax Act, 1961.

Open Flip
Why is Laxmi Dental IPO GMP surging 37%

Why is Laxmi Dental IPO GMP surging 37%

Laxmi Dental, a name in the dental products industry, opened its IPO for subscription today, January 13, and will close on January 15. If you are considering applying, here are the details of this IPO and what it means for you. Laxmi Dental IPO, a mainboard offering has set his price band between the range of Rs 407 to Rs 428 per share.

Open Flip
Nifty down 11% from peak but no real value in the market: Kotak Equities

Nifty down 11% from peak but no real value in the market: Kotak Equities

The Nifty 50 index has fallen 11% from its peak, signaling a sharp correction across Indian equities. Despite the decline, Kotak Institutional Equities remains unconvinced about market prospects, warning that there is no real value to be found even after the pullback, citing stretched valuations, limited earnings growth potential, and unfavorable global macroeconomic conditions.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon