Page 82 - Macrotech Developers News Today

US stocks settled higher in overnight trade, but a four-day drop in the rupee can trigger foreign outflows from domestic equities. Add to that the indecisive technical charts and mixed cues from Asian markets, and any upside for domestic stocks would look limited for now. Here’s breaking down the pre-market actions. STATE OF THE MARKETS Nifty futures on the Singapore Exchange traded 14 points, or 0.09 per cent, lower at 14,932 in signs that Dalal Street was headed for a weak start on Friday....

Explore Now However, if you are already invested in these companies, then remain invested because there is a very strong momentum which is lifting these shares at this point of time, says Elixir Equities. It is difficult to say where commodity prices are headed but the way markets are rewarding steel stocks, do you think this is in anticipation of higher steel prices, better demand or is this now a bubble? I do not think it is a bubble because valuations are still within the normal zone. They ...

The key equity indices reversed gains in mid-morning trade as profit selling emerged at higher levels. Metal stocks witnessed profit taking after a nine-day winning streak. The Nifty slipped below the 14,900 mark. At 11:23 IST, the barometer index, the S&P BSE Sensex, was down 46.48 points or 0.09% to 49,699.73. The Nifty 50 index lost 15.90 points or 0.11% to 14,857.90. In broader market, the S&P BSE Mid-Cap index gained 0.20% while the S&P BSE Small-Cap index rose 0.68%. The market breadth w...

Macrotech Developers IPO fully subscribed on final day, retail portion booked 0.7 times Macrotech Developers IPO received bids for 4.95 crore equity shares against issue size of 3.64 crore equity shares BusinessToday.In | April 9, 2021 | Updated 18:15 IST Macrotech Developers plans to raise Rs 2,500 crore through the share sale. The initial public offer (IPO) of Macrotech Developers, one of Indias largest real estate players , was subscribed 1.36 times on the final day of bidding on April 9. T...

The domestic equity benchmarks ended with small losses after a volatile day on Friday. Pharma, IT, FMCG and PSU banks shares advanced. The barometer index, the S&P BSE Sensex, declined 154.89 points or 0.31% to 49,591.32. The Nifty 50 index lost 38.95 points or 0.26% to 14,834.85. Bajaj Finance (down 3.12%), ICICI Bank (down 1.79%), Reliance Industries (down 1.11%) and HDFC Bank (down 0.83%) were major drags. In the broader market, the S&P BSE Mid-Cap index slipped 0.08% while the S&P BSE Smal...

Snapping their 3-day winning streak, domestic equity markets traded range-bound in the negative territory on Friday, with a few episodes of gains. Amid mixed global cues and record Covid-19 cases back home, coupled with reports of vaccine supply crunch, the benchmark indices dropped 0.3 per cent today. Among headline indices, the S&P BSE Sensex ended the day at 49,591 level, down 155 points. 50 per cent of the constituents ended the day in the red with Bajaj Finance (down 3 per cent), Ultrate...

The domestic equity benchmarks ended with small losses after a volatile day on Friday. Pharma, IT, FMCG and PSU banks shares were in demand. As per provisional closing data, the barometer index, the S&P BSE Sensex, declined 154.89 points or 0.31% to 49,591.32. The Nifty 50 index lost 37.05 points or 0.25% to 14,836.75. In the broader market, the S&P BSE Mid-Cap index slipped 0.08% while The S&P BSE Small-Cap index added 0.69%. Buyers outnumbered sellers. On the BSE, 1666 shares rose and 1234 sh...

The Rs 2,500-crore initial public offering (IPO) of Macrotech Developers (erstwhile Lodha Developers) got a lukewarm response from investors with the issue garnering just 1.37 times subscription. This is the least for any IPO in 2021. The 36.42-million offering got less than 50 million bids with retail and employee portions of the issue remaining undersubscribed at 40 per cent and 17 per cent, respectively. The IPO managed to sail through on the back of demand from qualified institutional bu...

Macrotech Developers IPO subscribed 1.36 times on the last day of the issue 0 1 2 minutes read Macrotech Developers IPO: The IPO was subscribed 1.36 times on the last day of the issue According to the subscription data from the exchanges, the Macroch developers subscribed the sale through the initial public offering (IPO) 1.36 times on the third and last day of the issue. Formerly known as Lodha Developers, the company’s IPO was subscribed 0.35 times on the second day of the issue yesterday...

The issue received bids for 4.94 crore shares as against 3.64 crore shares on offer. The initial public offer (IPO) of Macrotech Developers received bids for 4.94 crore shares as against 3.64 crore shares on offer, according to the stock exchange data at 17:00 IST on Friday (9 April 2021). The issue was subscribed 1.36 times. The issue opened for bidding on Wednesday, 7 April 2021, and it will close today, 9 April 2021. The price band for the IPO was set at Rs 483-486 per share. The issue comp...