Nova Agritech shares spike 41% on debut
Thu, Feb 1, 2024 10:55 AM

Nova Agritech shares spike 41% on debut

A Flip by Shubhangi Gupta
Get it on Google Play
Nova Agritech's IPO saw a 109.37 times subscription, with the stock rallying by nearly 41% on its listing day. The company offers soil health, crop nutrition and protection products, using a tech-driven approach. With a price band of Rs 39-41 per share, the IPO raised Rs 144 crore through a mix of fresh issuance and an offer-for-sale. The stock traded with volumes of 83.55 lakh shares on NSE.

More great flips

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buyi...

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buyi...

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buying Larsen & Toubro (L&T) and Syngene International: đź“ŚBuy Larsen & Toubro (L&T) in the range of 3,550-3,615 for the target of 4,060 with a stop loss of 3,340. đź“ŚBuy Syngene International in the range of 860-881 for the target of 980 with a stop loss of 819.

Open Flip
Adani 'bribery' case reach SC, plea seeks investigation by Indian agencies

Adani 'bribery' case reach SC, plea seeks investigation by Indian agencies

The US Court’s indictment order and SEC complaint alleging Gautam Adani offered bribes to Indian government officials has now reached the Supreme Court, with a fresh plea seeking an investigation by Indian authorities. The fresh plea in SC claims that the Indictment order and SEC complaint order have “unveiled malpractices carried out by the conglomerate”.

Open Flip
Election outcome, MSCI rejig among factors to likely impact stock market

Election outcome, MSCI rejig among factors to likely impact stock market

đź“ŚWith BJP led Mahayuti alliance sweeping Maharashtra, D-Street is expected to take the development positively when markets reopen. đź“ŚMSCI November rejig kick-in on Monday that will see BSE, Voltas, Alkem Laboratories, Kalyan Jewellers and Oberoi Realty becoming part of the MSCI Global Standard Index. đź“ŚDomestic markets will take cues from their overseas peers, especially those on Wall Street.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon