Mon, Jan 13, 2025 2:19 PM
Indian capital markets had a dream run in 2024: S. Naren
A Flip by Shubhangi Gupta
The IPO of Quadrant Future Tek will see its shares debut on the Indian stock exchanges on Tuesday, January 14. Ahead of the listing, the company’s shares are commanding a healthy GMP of ₹140, as per the market sources. Considering the IPO's upper price band of ₹290 and the current grey market premium, the estimated listing price of Quadrant Future Tek stands at ₹430 apiece.
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DAM Capital share price declined over 9 percent in January 13 trade to settle below its listing price amid a broader market decline. Markets witnessed a sharp decline on Monday, losing over 1.5 percent as the ongoing corrective phase intensified. The broader indices also experienced significant losses, plunging nearly 4% each.
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Bharat Electronics Ltd., the state-run defence equipment manufacturer on Monday, January 13, announced that it has now won orders worth ₹561 crore since its last disclosure on December 23, 2024. The company said that majority of the orders comprise of communication equipment, electro optics, upgrades for satcom network, radar & fire control system, spares, services etc.
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