Indo Farm Equipment shares close over 27% higher in market debut
Tue, Jan 7, 2025 9:53 PM

Indo Farm Equipment shares close over 27% higher in market debut

A Flip by Shubhangi Gupta
Get it on Google Play
Shares of Indo Farm Equipment on January 7 ended with a premium of over 27 percent against the issue price of Rs 215.The stock started the trade at Rs 258.40, reflecting a premium of 20.18 percent on the BSE. During the day, it jumped 33.44 percent to Rs 286.90. Shares of the firm ended at Rs 272.70, up 26.83 percent. At the NSE, it listed at Rs 256, up 19 percent.

More great flips

Anand Rathi Wealth to consider issuing bonus shares on January 13

Anand Rathi Wealth to consider issuing bonus shares on January 13

Anand Rathi Wealth, a leading name in wealth management services, is set to consider issuing bonus shares for the first time. The company's board of directors will convene on Monday, January 13, 2025, to deliberate on the proposal. The board had also declared an interim dividend of ₹7 per equity share (140% of the ₹5 face value) for FY25.

Open Flip
Moderna stock on track for 10% weekly gain after US bird flu death

Moderna stock on track for 10% weekly gain after US bird flu death

Moderna stock has seen big swings this week after the first reported bird flu death in the US, which has put its development of a vaccine in focus. The stock jumped over 10% on Tuesday before reversing course and losing over 6% early Wednesday. In July 2024, Moderna was awarded $176 million from the US government to advance the development of its mRNA H5N1 (bird flu) vaccine.

Open Flip
Bond 'tantrum' dawns as rout sends shockwaves through markets

Bond 'tantrum' dawns as rout sends shockwaves through markets

A sharp selloff in some of the world's biggest government bond markets and a surge in the dollar are sending shockwaves through financial markets, with the pain seen deepening as uncertainty grows over Donald Trump's policies. On Wednesday, 10-year Treasury yields (^TNX), which underpin trillions of dollars in daily global transactions, jumped to above 4.7%.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon