IPO of ICICI Prudential AMC is set to open for bidding on Friday, December 12 as the asset management player has reserved 24,48,649 equity shares for its eligible shareholders of ICICI Bank.
BHEL share price: Domestic brokerage firms are divided on Bharat Heavy Electricals with some suggesting a strong upside in the stock citing improving fundamentals, while other see downside.
Wakefit Innovations sold its shares in the price band of Rs 185-195 apiece, applied for a minimum of 76 shares and its multiples to raise Rs 1,288.89 crore between December 8-10.
KSH International, a manufacturer in the magnet winding wire segment, will open its initial public offering on 16 December, closing on 18 December.
Corona Remedies sold its shares in the price band of Rs 1,008-1,062 apiece, applied for a minimum of 14 shares and its multiples to raise Rs 655.37 crore between December 8-10.
Select stocks like Waaree Energies, Aditya Infotech, BLS International, Hindustan Zinc, KPR Mills, ITC Hotels and others have seen fresh interest from the various brokerage firms.
Nifty futures on the NSE International Exchange traded 89.10 points, or 0.35 per cent, up at 25,953, hinting at a positive start for the domestic market on Thursday.
An analyst from YES Securities said that Hindustan Zinc has given a falling trendline breakout after a few days of retracement with recent price action showing renewed upward momentum.
Stocks including Tata Steel, LIC of India, Cipla, TCS, Adani Enterprises, Mazagon Dock, SBI, Bank of Baroda, SBI Life and more will be in the spotlight on Thursday, December 11.
Four mainboard IPOs- Wakefit Innovations, Corona Remedies, Park Medi World and Nephrocare Health Services- are open for bidding for the investors.
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