Mon, Jan 25, 2021 2:20 PM
Home First Finance Company IPO subscribed 5 times on the final day
A Flip by Flipitnews
LIC has reduced ownership in at least 80 stocks, including 16 PSUs, in the March quarter with the market value of its portfolio surging to Rs 14 lakh crore. LIC was seen cutting stakes in BHEL, SAIL, Coal India, Oil India, Mahanagar Gas, MOIL, SBI, Canara Bank, HPCL, NMDC Steel, NMDC, Shipping Corporation, IOC, Container Corporation Of India, ONGC and NTPC in Q4, shows data pulled from ACE Equity.
Open Flip
The Bombay High Court on Wednesday dismissed a review petition filed by the promoters of Zee Entertainment Enterprises Ltd challenging a December 2023 order in a loan default case. A detailed order on the matter is awaited. Justice Abhay Ahuja was hearing a petition filed by Zee promoters Cyquator Media, Essel Corporate Llp and Direct Media Distribution Ventures.
Open Flip
On Thursday, shares of GPT Infra Projects continued their winning streak for the second consecutive session, rising by 10% to reach ₹207 apiece. The previous trading session saw a significant gain of nearly 9%, attributed to the JV securing an order valued at ₹487 crore from Central Railway, Mumbai. The shares have consistently maintained an upward trend since April of the previous year.
Open Flip
