Sun, Nov 24, 2024 12:05 PM
IPO pipeline to remain strong; 10 companies aim to raise ₹20,000 cr in Dec
A Flip by Avya Verma
The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two with Nvidia remaining the most valuable company despite a slight decline, and Apple close behind; the week ahead will be marked by Thanksgiving, Black Friday, and important earnings reports, with inflation and interest rates taking center stage.
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Easy Trip Planners Ltd. has announced a 1:1 bonus share issue, rewarding its shareholders with one additional share for every share held. This decision, approved by the board of directors, is backed by the company's strong financial position, with the issuance to be financed from available reserves as of March 31, 2024. This marks the third bonus share issue by EaseMyTrip in the past two years.
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One of the most awaited NTPC Green Energy Ltd’s initial public offering (IPO) is poised to make its Dalal Street debut this week on Wednesday, November 27. The state-owned renewable energy giant is expected to finalise its shares allotment to the investors on Monday, November 25. Successful bidders from the public issue can expect their shares to be credited to their demat accounts on Tuesday.
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