Page 10 - Tata Tech News Today

Beating all estimates in the grey market, where shares were said to be trading at a premium of about 80%, Tata Tech shares listed at a 140% premium and then went on to rally another 17% to take the total gain at days high price to as much as 180%. In recent years, the best IPO in terms of listing gain was that of Sigachi Industries which debuted on November 15, 2021, at 253% premium. The stock debuted at Rs 575 per share against an issue price of Rs 163.

Several analysts recommend investors to hold the stock for the long term, and for those who failed to get allotment to accumulate on dips

Meanwhile, in November, Sensex advanced 3,071 points or 4.8% to settle at 66,988. Nifty, on the other hand, surged 1,053 points or 5.5% to end at 20,133. The market capitalisation of all listed companies on BSE also surged by Rs 24.17 lakh crore to Rs 335.62 lakh crore in November.

Tata Technologies had a listing gain of 168 per cent on Thursday.The highest listing day gain was recorded by Burnpur Cement in 2008 at 286 per cent. This

On November 18, Bank of Baroda had announced that its capital raising committee has approved to raise up to Rs 15,000 crore via bonds. This includes a sum up to Rs 5,000 crore through the issuance of tier-II debt bonds and a maximum of Rs 10,000 crore through infrastructure bonds

Tata Technologies made a blockbuster debut on the stock markets today, listing at an impressive premium of 140% over its IPO price of Rs 500 per share. ​​​This and more in todays ETtech Top 5.

GIC Re has risen 40 percent in the past month. Despite the sharp rally, the stock is still some distance from its IPO price of Rs 456 a share

Tata Technologies and Gandhar Oil Refinery stocks made a bumper debut while Fedbank Financial Services stock opened at a discount on November 30

The bumper listing ensured that the market cap jumped more than two fold against Streets expectation of post issue market capitalisation of Rs 19,269 crore - Rs 20,283 crore.

Tata Technologies and Gandhar Oil IPO listings: Investors turn to 'memes' as bittersweet market emotions steal the show.