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Exxaro Tiles IPO: Exxaro Tiles IPO: Should you subscribe or give it a miss?


NEW DELHI: Gujarat-based Exxaro Tiles on Wednesday kicked off its Rs 161 crore IPO.
On the block is a fresh issue of 1,11,86,000 shares and an offer of sale (OFS) of 2,238,000 shares by one of its shareholders. The price band of the issue is fixed at Rs 118-120.
On Tuesday, the company allotted 19,73,325 shares to two domestic funds at the upper end of the price band, totalling Rs 23.68 crore.
Last heard, the unlisted stock was commanding a premium of Rs 20 in the grey market. Analyst views vary widely on the issue, with some finding the P/E valuation of 35.3 times (on restated FY21 EPS of Rs 3.4) demanding, while others say it’s reasonable. ....

Madhya Pradesh , Amarjeet Maurya , Gujarat Based Exxaro Tiles , Angel Broking , Somany Ceramic , Kajaria Ceramic , மத்யா பிரதேஷ் , அமர்ஜீத் ம Ur ரிய , குஜராத் அடிப்படையிலானது எக்ஷ்க்ஷதாரோ ஓடுகள் , தேவதை தரகு , நிறைய சிஇஆர்ஏஎம்ஐசி , கஜரியா சிஇஆர்ஏஎம்ஐசி ,

52-week low: Stock market update: 7 stocks hit 52-week lows on NSE


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NEW DELHI: Around 7 stocks fell to touch their 52-week lows on NSE in Monday s session.
Among the stocks that touched their 52-week lows on NSE were: Acrysil Ltd, Antony Waste Handling Cell, Fairchem Organics, Godha Cabcon & Insulation, Jump Networks, Kanpur Plastipack and Vishal Fabrics.
Domestic benchmark index NSE Nifty was trading 96.70 points down at 14337.0, while the BSE Sensex was trading 240.85 points down at 48793.82.
On the other hand, Indian Energy Exchange, Happiest Minds, HDFC Bank, Suzlon Energy and Kajaria Ceramic stocks hit their fresh 52-week high today.
In the Nifty 50 index,
UPL , HDFC Bank, Titan Company , RIL and Eicher Motors were among the top gainers on the NSE. However, Tata Motors, Tata Steel, Hindalco Inds., ONGC and JSW Steel were among the top losers. ....

Hindalco Inds , Jump Networks , Suzlon Energy , Acrysil Ltd , Tata Motors , Indian Energy Exchange , Titan Company , Eicher Motors , Tata Steel , Antony Waste Handling Cell , Fairchem Organics , Godha Cabcon , Kanpur Plastipack , Happiest Minds , Kajaria Ceramic , 52 Week Low , Antony Waste Handling Cell Ltd , Vishal Fabrics Ltd , Fairchem Organics Ltd , Jump Networks Ltd , ஹிந்டல்கோ இந்ட்ஸ் , குதி நெட்வொர்க்குகள் , சுஸ்லான் ஆற்றல் , அக்ரிசில் லிமிடெட் , டாடா மோட்டார்கள் , இந்தியன் ஆற்றல் பரிமாற்றம் ,