Tue, Jan 14, 2025 9:30 AM
Bharat Electronics shares in focus on order win worth Rs 561 crore
A Flip by Shubhangi Gupta
Zerodha’s Co-founder and Chief Executive Officer (CEO) Nithin Kamath revealed that asset management company (AMC) Zerodha Fund House has crossed the ₹4,000 crore-mark in asset under management (AUM) in its first year itself as India’s direct-only AMC. Kamath took to microblogging platform ‘X’ to share that this is their first year as India’s direct-only AMC.
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Quadrant Future Tek shares recorded double-digit return and locked in upper circuit due to healthy demand from investors on January 14, despite subdued equity market conditions. The stock opened at Rs 370 on the National Stock Exchange, up 27.6 percent over the issue price of Rs 290. It extended gains and froze at Rs 444 (an intraday high) since late morning deals till closing, rising 53.10%.
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Laxmi Dental IPO has garnered strong investor interest, with the issue subscribed 16.02 times on the second day of bidding on Tuesday, data from the National Stock Exchange (NSE) showed. The IPO received bids for 14.36 crore shares against the offer size of 89.70 lakh shares. The robust response comes amid reports that the shares are commanding a grey market premium (GMP) of around 30 per cent.
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