Sun, Mar 3, 2024 1:09 PM
IPO craze continues: Three firms to raise Rs 1,325 crore next week
A Flip by Shubhangi Gupta
Nifty 50 trading near 4 months low and taken support near 233 SMA. Nifty 50 has corrected almost 10% from its recent high. 📌Coromandel International Ltd (BUY): LCP : ₹1,764; Stop Loss : ₹1,710; Target Price : ₹1,850 📌Eicher Motors Ltd (BUY): LCP : ₹4,965; Stop Loss : ₹4,800; Target Price : ₹5,45 📌Ipca Laboratories Ltd (BUY): LCP : ₹1,574; Stop Loss : ₹1,500; Target Price : ₹1,750.
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The top 10 Category III AIFs in October delivered up to 9 percent returns to investors. At the top is Generational Capital Breakout Trust's Breakout Fund 1, which has given 9.72 percent. Meanwhile, Valuequest Investment Advisors' VQ FasterCAP Fund gave returns of 5.9 percent in the same month. The fund, managed by Satwik Jain, has an AUM of Rs 95 crore.
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The initial public offering (IPO) of Enviro Infra Engineers Limited will open for subscription on Friday, November 22, 2024. Ahead of the IPO launch, the grey market premium (GMP) for the company's shares is around ₹22, indicating a 15% premium over the issue price. The company has set a price band of ₹140-148 per share for its IPO.
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