Shares of Standard Capital Markets Limited gained 2.66% to Rs 1.93/share from its previous closing of Rs 1.88. The stock’s 52-week is Rs 3.52 and its 52-week low is Rs 1.15. The company announced a correction to the issue price of their recently announced preferential share issue. The price per share is Rs. 2.75. They are moving forward with issuing new equity shares at Rs 2.75/share.
Open FlipSai Swami Metals and Alloys will finalise the share allotment for its ₹15-crore initial public offer (IPO) later today, which opened to the public on April 30 and closed on May 3. According to BSE data, the issue attracted bids for 128.98 crore equity shares against the 23.72 lakh equity shares available for subscription. Investors who applied for the issue can check the allotment status.
Open FlipAfter 11 consecutive weeks of outflows, Grayscale Bitcoin Trust ETF has finally experienced positive gain of $63 mn. The continuous cashing out by investors had been a result of the approval and subsequent popularity of competing spot Bitcoin ETFs since January, causing GBTC's outflows to significantly impact the emerging space. The news of GBTC's inflows led to surprise and excitement in market.
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