Senores Pharmaceuticals' IPO has been subscribed 1.78 times with investors subscribing 1.51 crore shares, exceeding the 85 lakh shares on offer, with a fixed price band of ₹372-381 per share and a lot size of 38 shares. Senores Pharma IPO's grey market premium stands at ₹200 per share, expecting a listing price of ₹591 per share, a 51.15% premium.
Open FlipThe Definedge Plastic Index is an equal-weighted index comprising 35 stocks related to plastics. The Definedge Plastic Index has been trending upward monthly, signalling a bullish primary trend. The plastic sector has shown strong relative strength, and stocks like 📌Emmbi Industries and 📌Kingfa Science & Technology India stand out for their technical strength and growth potential.
Open FlipThe Securities Exchange Board of India (SEBI) has detected a case of front running involving an equity dealer with PNB Metlife India Insurance. The dealer, Sachin Dagli, and his associates illegally gained some money over three years. SEBI has issued an interim order barring Dagli and nine associated entities from the market and ordered them to disgorge the illicit gains.
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