Mon, Dec 23, 2024 10:21 AM
Ksolves India shares in focus as co approves 1:2 stock split
A Flip by Shubhangi Gupta
PVR INOX Ltd has restructured its ₹600 crore media business, appointing Chief Sales Officer Shalu Sabharwal to lead initiatives, focusing on deepening market connections and driving growth across India, with a team of industry experts to bolster the business through data-driven decisions and sponsorship opportunities.
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Japan's Nikkei share average gained on Monday, buoyed by Wall Street's Friday rally. The Nikkei climbed 1.19% to finish the day at 39,161.34. The broader Topix rose 0.92%. Big tech names supported the Nikkei's rise, with chip-testing equipment maker Advantest soaring 4.54%. Chip-making machinery giant Tokyo Electron firmed 1.31% and startup investor SoftBank Group gained 2.01%.
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The primary market is witnessing a surge of activity as multiple IPOs including DAM Capital Advisors, Transrail Lighting, and Mamata Machinery. The IPOs are set to close today after a three-day bidding period. The enthusiasm has spilled over to the grey market, where shares of these companies are trading at a premium ranging between 40 percent and 107% over their issue prices.
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