Tue, Sep 10, 2024 11:46 AM
My Mudra Fincorp IPO allotment expected to be finalised today
A Flip by Shubhangi Gupta
Diffusion Engineers was listed at Rs 193.50 on the National Stock Exchanger, a premium of 15% to the issue price. The stock was listed at Rs 188 on BSE, a premium of 12%. Diffusion Engineers GMP, Subscription The company’s stocks were fetching a premium of 34% in the grey market ahead of listing on October 04. The GMP indicated a strong listing on bourses - NSE and BSE.
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Amid rising tension in the Israel-Iran war, gold prices today witnessed some value buying in the early morning deals. In the early morning session on Friday, the yellow metal remains a safe haven for investors amid rising tension in the Middle East due to the Iran-Israel war. On the MCX, the gold futures contract for December 2024 expiry opened with an upside gap at ₹76,302 per 10 gm.
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Citi has initiated a 'buy' rating on Varun Beverages with a target price of Rs 800, citing the company’s strong market position in India and significant growth opportunities in the soft drinks sector. The brokerage highlighted PepsiCo bottler's go-to-market (GTM) initiatives and its ability to create new product categories as key drivers of its expansion.
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