The price of the Happiest Minds stock soared on debut on the stock exchange on Thursday and made promoter Ashok Soota wealthier by over Rs 2,300 crore (more than $300 million). Considering the extent of oversubscription of the IPO (151 times) and the pre-listing grey market trades, the stock was expected to do very well. But it went even beyond most people’s imagination.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/32HGi3u
Subscribe to:
Post Comments (Atom)
'FPI selloff not due to poll jitters... other markets seem more attractive'
Foreign funds are selling Indian equities not because of election uncertainty but because they find other markets more compelling, and D-St ...
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
-
Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with...
No comments:
Post a Comment