Page 4 - Elin Electronics News Today

Stock Market Essentials: March 24- Earnings, Cues, Corporate Actions, Events, Updates, Data

Only two companies including Dreamfolks Services and Electronics Mark India- delivered a listing pop of 55 per cent and 52 per cent, respectively.

Indian markets, which were trending up earlier in the week, fell on strong negative news from the US – tough talk by the US Federal Reserve on interest rates and the collapse of Silicon Valley Bank.

On the Bombay Stock Exchange (BSE), 2099 stocks advanced, 1470 declined and 203 remained unchanged with advance decline ratio of 1.42,

On Monday, at 9:49 am IST, BSE Sensex was trading 209.81 points up at 61,056.43 and NSE Nifty was trading 57.90 points up at 18,163.20.

The IPO listing date on electronics manufacturing services provider Elin Electronics has been fixed for Friday, December 30, 2022. “Effective from Friday, December 30, 2022, the equity shares of Elin Electronics Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' group of securities," according to BSE website.

Confirming the predictions made by most analysts, electronics manufacturing services provider Elin Electronics made its debut in the secondary market today silently. The shares of Elin Electronics opened on the NSE at Rs 244.

On Friday, at 10:16am IST, BSE Sensex was trading 107.33 points up at 61,241.21 and NSE Nifty was trading 36.20 points up at 18,227.00.

Elin Electronics commanded a market valuation of Rs 1,175.43 crore on the BSE.

The stock opened at Rs 244 on the NSE