Milky Mist makes a sweet debut as shares list at 18% premium over IPO price
Milky Mist share price: The packaged food company’s shares opened at ₹165 apiece on both the NSE and BSE, marking a gain of ₹25, or 17.86 per cent, over the issue price.
Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
Milky Mist Diary Food share price hit 10% upper circuit after strong listing. Details here
The shares of Milky Mist Food Diary made a strong debut in the Indian stock market on Tuesday, 18 August. Milky Mist Food Diary share price listed at 17.8% premium over the IPO price.
Rupee, bond bets retreat after RBI’s dollar swap window ends early
The estimates are being reworked after the central bank Friday decided to end a program attracting dollars from overseas Indians a month earlier than planned, having garnered more than $50 billion
GIC’s attractive dividend yield and cheap valuation face a regulatory overhang
GIC’s domestic premium growth remains healthy, even as share of obligatory business has come off. Lower underwriting losses and investment gains offer support, even as potential regulatory changes could put a key source of business at risk.
Augmont Enterprises to launch ₹825 cr IPO, price band set at ₹750-788
Integrated gold and silver platform Augmont Enterprises Ltd is set to launch its initial public offering (IPO) on August 21, seeking to raise Rs 825 crore at a price band of Rs 750-788 per equity share. The IPO will comprise a fresh issue of shares worth Rs 620 crore and an offer for sale (OFS)…
Sunshine Pictures IPO Day 1: Issue booked 45% so far. GMP hints 21% listing pop. Should you apply or skip?
Sunshine Pictures IPO, led by Vipul Shah, opened on August 18 with a price band of ₹342-360 per share. It raised ₹84.64 crore from nine anchor investors. The issue closes on August 20, with estimated listing price anticipated at ₹435 per share.
Rupee falls 7 paise to 95.68 against US dollar during early trade
The rupee depreciated 7 paise to 95.68 against the US dollar in early trade on Tuesday, weighed down by elevated crude oil prices and persistent demand for greenback. Forex traders said Brent crude near USD 91 per barrel increased oil-related dollar demand and the Reserve Bank’s earlier-than-expected closure of the concessional FCN (B) forex-swap facility…
Stocks to buy for short term: Grasim, Quess Corp among 6 stocks experts recommend buying today for next 1-2 weeks
Experts suggest capitalising on bullish momentum by targeting six stocks poised for growth over the next 1-2 weeks. With a focus on disciplined risk management, this article reveals key levels and potential upside for smart investors seeking short-term opportunities.
Indo-MIM shares surge 10% post Q1 show, nearly double IPO investors’ gains
Today’s rally has pushed Indo-MIM’s share price 96 per cent above the issue price of Rs 485, nearly doubling investors’ wealth who were allotted IPO shares.
Sham Foam SME IPO listing: Shares debut at 20% discount, hit lower circuit; details here
Sham Foam’s share price was listed at ₹104, a 20% discount to the issue price of ₹130. After a weak debut, the SME stock extended losses and hit its lower price band of ₹98.80, down 24% from the issue price.