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Stocks to watch: Wipro, L&T Infotech, Sona Comstar, Bandhan Bank, HDFC AMC - Vimarsana News

Stocks to watch: Wipro, L&T Infotech, Sona Comstar, Bandhan Bank, HDFC AMC

Here are the top stocks that are likely to be in limelight today: Results Today: HDFC Asset Management Company, Den Networks, Just Dial and L&T Finance Holdings are among 19 companies that are slated to post their quarterly results today. Wipro: The IT major surpassed its revenue guidance for the first quarter, which it hailed as its best ever, as it reported a 35.7 per cent year-on-year (YoY) increase in consolidated net profit to Rs 3,243 crore. Revenue grew 22.3 per cent YoY to Rs 18,525 crore and was up 12.4 per cent sequentially. L&T Infotech: The company reported a 19.3 per cent YoY ri...

Two IPOs to hit market next week; to raise over Rs 2,500 cr cumulatively - Vimarsana News

Two IPOs to hit market next week; to raise over Rs 2,500 cr cumulatively

Two companies Clean Science and Technology and GR Infraprojects are headed to the market with their initial share-sale offers next week to raise a little over Rs 2,500 crore cumulatively. The companies are expecting to benefit from an equity market, which is swarmed with liquidity and a sharp increase in the number of new retail investors. This comes after five companies Shyam Metalics and Energy, Sona BLW Precision Forgings (Sona Comstar), Krishna Institute of Medical Sciences, Dodla Dairy and Indian Pesticides launched their initial public offers (IPOs) last month. These firms collective...

ipo: Two IPOs to hit market next week; to raise over Rs 2,500 cr cumulatively - Vimarsana News

ipo: Two IPOs to hit market next week; to raise over Rs 2,500 cr cumulatively

The two firms will together garner a total of Rs 2,510 crore through IPOs. Shares of the companies will be listed on the BSE and the NSE. Clean Science and Technology's Rs 1,546.62-crore IPO is entirely an offer for sale (OFS) by existing promoters and other shareholders. Those offering shares in the OFS include Anantroop Financial Advisory Services, Ashok Ramnarayan Boob; Krishnakumar Ramnarayan Boob; Siddhartha Ashok Sikchi; and Parth Ashok Maheshwari. Speciality chemical manufacturer has fixed a price band of Rs 880-900 a share for its IPO. Clean Science Technology manufactures fu...

Indian firms raise $3.6b via IPO route this year, highest in a decade - Vimarsana News

Indian firms raise $3.6b via IPO route this year, highest in a decade

Indian firms raise $3.6b via IPO route this year, highest in a decade Photo: Pixabay July 1, 2021 Indian companies raised ₹27,417 crore through initial public offerings (IPOs) this year, the highest in at least a decade compared to six months of previous years, driven by abundance of liquidity and investor euphoria. Private equity and venture capital funds took advantage of buoyant stock markets to exit their investments. Data showed that amid the robust liquidity chasing primary markets, most of the funds raised through IPOs were used to offer an exit to existing PE or VC funds or existin...

Sona Comstar, Shyam Metalics show diverse listing pattern - Vimarsana News

Sona Comstar, Shyam Metalics show diverse listing pattern

Sona Comstar, Shyam Metalics show diverse listing pattern Two companies listed on the exchanges on Thursday with diverse listings — one saw a stellar opening while the other witnessed a lacklustre opening. Share Via Email   |  A+A A- By Express News Service NEW DELHI:  Two companies listed on the exchanges on Thursday with diverse listings — one saw a stellar opening while the other witnessed a lacklustre opening. However, these two IPOs are expected to give promising returns in the next few years, say analysts.  Shares of Sona BLW Precision Forgings (Sona Comstar) closed 20 ...