Fri, Oct 18, 2024 12:21 PM
Eimco Elecon (India) Q2 Results: Profit Rises by 20.97% YoY
A Flip by Shubhangi Gupta
Waaree Energies initial public offer (IPO), aimed at raising up to Rs 4,321 crore, is all set to hit the primary market on October 21 and the current grey market premium trends indicate the market's positive outlook on the company's potential growth and value appreciation as investors are willing to pay a significant premium over the IPO's issue price to secure a stake.
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Penny stock Srestha Finvest hogged the limelight in trade on Friday, October 15, as it rose nearly 4 per cent to Re 0.82 after the company announced an Extra-ordinary General Meeting (EGM) to seek shareholders’ approval to fundraising along with other propositions. The penny stock, priced below Re 1, opened at Re 0.80 as against its previous close of Re 0.79.
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Shriram Finance's board will meet on October 25 to discuss a proposed split of its existing equity shares, the company announced on Friday. In addition, the board is set to approve the financial results for the September quarter and declare an interim dividend. Shares of Shriram Finance jumped 3% to hit the day's high of Rs 3341. The Nifty stock entered the prestigious club in March this year.
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